Digital asset stack
A claim, a record, a key, and a rule.
A chain is one possible record. The other layers are not optional because they are less fashionable. Tick what you actually have before you name a network.
- 01
Issuance and tokenisation
Who is allowed to create the record, and what claim it is allowed to represent.
- 02
Registry and ownership
The list of who holds the claim, and who is allowed to change the list.
- 03
Wallet and custody
Where the keys live, and the policy that lets them sign.
- 04
Identity, KYC and KYB
Evidence that a person or a business is who the policy requires, kept where it can be challenged and deleted.
- 05
Payment and settlement
How an obligation is actually discharged.
- 06
Data and oracles
How an off-chain fact enters the system, and what happens when it is wrong or late.
- 07
Security and monitoring
Who watches the keys, the code, the admin role, and the money leaving.
- 08
Compliance and policy
The rules the system will refuse to break, written so an operator can follow them.
- 09
Reporting and accounting
How positions, fees, and events become books and records.
- 10
Operations and governance
Who can pause, upgrade, reverse, or shut the system down, and how that person is replaced.