# Open Custody Protocol (OCP)

> QRDO is now OPEN

Open Custody Protocol helps builders implement secure digital asset custody through modular MPC infrastructure and key management solutions.

Open Custody Protocol provides modular custody primitives for blockchain applications through distributed multi-party computation (dMPC). The protocol separates custody infrastructure from application layers, enabling developers to implement secure key management, asset custody, and governance controls. This open-source approach allows builders to create customized custody solutions while maintaining security and decentralization.

- Type: Company
- Sector: Custody and Wallets
- Status: Acquired
- Founded: 2024-01-01
- Profile: https://thegrid.id/profiles/open_custody_protocol_ocp_

## Products

- [Open Custody Protocol](https://thegrid.id/profiles/open_custody_protocol_ocp_): A decentralized network providing modular custody infrastructure through distributed MPC technology and open-source components. (Custody Technology Provider, Inactive/Support Ended, Main Product)

## Assets

- [Open Custody Protocol (formerly QRDO) (OPEN)](https://thegrid.id/profiles/open_custody_protocol_ocp_): OPEN is the utility and governance token of the Open Custody Protocol, an Ethereum-based decentralized custody infrastructure formerly known as Qredo (QRDO). It is used to participate in community governance and vote on the protocol's development direction. Holders use OPEN to guide decisions over the distributed multi-party computation (dMPC) key management infrastructure that underpins the protocol. (Utility)

## Links

- [Main](https://www.opencustody.org)
- [Documentation](https://docs.opencustody.org)
- [Blog](https://www.opencustody.org/blog)
- [Twitter / X](https://x.com/opencustody)
- [Telegram](https://t.me/OpenCustody)
- [Discord](https://discord.com/invite/bgVPvf6)

## Relationships

- [Levva](https://thegrid.id/profiles/levva): Parent organization

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP