The Verified Network is a decentralized, blockchain powered platform connecting private investors, businesses and asset managers.
The Verified Network can be accessed through applications that connect to it.
The Verified digital financial infrastructure is complemented with suitably regulated financial service providers that keep the platform regulation compliant.
Businesses on the Verified Network are assessed for credit worthiness, and can issue regulation compliant tokenized securities to investors.
Private investors on the Verified Network get access to a global pool of private assets that they can invest in, and trade with other investors.
Asset managers on the Verified Network can access the pool of private assets that are credit scored, as well as access private investment capital.
Businesses, investors, and asset managers get access to payments, credit assessment, trading and portfolio management tools.
The Verified Network is a global, decentralized network connecting investors, businesses and financial service providers. They transact directly with each other through smart contracts running on blockchain infrastructure.
The Verified Network infrastructure has two layers - layer 1 is the Ethereum public main network, and layer 2 is set up using permissioned Ethereum where nodes and validators are run by financial service providers. This offers the security of the Ethereum public main network where asset balances are stored, and leverages the permissioned network for faster, inexpensive transaction processing.
Software Development Kit
The Verified Software Development Kit (SDK) is a publicly available set of libraries that lets developers create new applications or connect existing applications to the Verified Network. The SDK authenticates users, administers KYC and AML rules, and then lets them access features of the Verified platform through applications they use. Features accessible using the SDK are digital payments, digital issuing of securities, trading of assets, and transaction accounting. Credit scoring of assets and card payments are being added.
Users can access some features on the Verified Network such as peer to peer payments using digital cash tokens, and investments in collateralized bond tokens using Ethereum wallets like Metamask.
In cases where applications are built using the Verified SDK, the wallet is created using the SDK, built into the application itself that application users can use to transact on the Verified Network.
Applications distributed by Verified are natively built on the Verified Network. They provide separate interfaces for individuals, businesses, and financial service providers such as depositary participants and custodians, asset managers and issuers including private equity and debt funds, securitization companies, and non bank lenders.
Business account holders on the Verified Network can raise capital by issuing digital securities and make payments, individual account holders can make payments and investments in tokenized assets and trade them, and asset managers can credit score businesses, and distribute tokenized investment products. Third party applications for payments, investments, lending, trading can connect to the Verified Network.