A protocol that requires a regulatory-compliant suite of smart contracts to allow publicly viewable transparent records. Our security token smart contracts provide secure, fault-tolerant, transparent, and fast transaction settlement while following regulatory requirements.
The standard is comprised of three, interconnected components:
These components provide a shared, reusable investor data cache, along with a collection of composable compliance rules, each of which enhances the tradeability of each token’s assets
The registry is a single-instance smart contract, useable by all assets within the GSS ecosystem. Its main purpose is to house a hierarchy of market participant data, such as accreditation and domicile.
The hierarchy allows for the enforcement of who may add, remove, and update participant data. For example, a brokerage is able to manage its investors but are restricted from applying any modifications outside of its hierarchy.
A regulatory enforcement engine, managing which rules to compose for a particular asset. Each rule must be satisfied for a transfer to succeed. The collection of rules are dynamic and may be modified depending on the requirements and needs of an asset.