principles

ACTIVELEDGER PRINCIPLES

TRANSPARENCY

The ability to check immediately the right of transfer for a potential counterparty, before entering a trade without resorting to the services of a trusted third party.

ANONYMITY

The potential to transact anonymously and to keep aggregate portfolios anonymous.

TRACEABILITY

The ability to trace the full chain of ownership of an asset, when required by contract or law.

FLEXIBILITY

The capability to be agnostic both to the type of asset transacted and to the contract terms entered by the transacting parties.

NON-DUPLICATION

The impossibility to ‘double-spend’, that is, transfer a right to one party and then transfer the same right to another.

MULTILATERAL TRANSACTION

The ability to complete a simultaneous multi-lateral transaction.

WORKFLOW AUTOMATION

(sometimes referred to as smart contracts) Asset movement controlled by customised term and conditions.

INTERCONNECTIVITY

The ability to connect to ordinary blockchain and distributed ledger technologies and IoT devices.

SCALABILITY

The capability to scale the infrastructure to enormous transaction volumes.

LONGEVITY

The facility to document ownership over very long periods of time (and in some cases infrequently).

CONDITIONALITY

The capacity to support strict and unambiguous conditions to asset transfers
(“I will transfer this holding to you, if and only if, you transfer that holding to me”).

TOTALITY

The binary property of every transaction to either complete (“settle”) in its entirety, or fail in its entirety.

FINALITY

The characteristic of all completed transactions to be final, indisputable and impossible to retract or change.

DIVISIBLITY

The right to divide and combine quantities of assets in a flexible, generic manner (if permitted to do so).

TERRITORIALITY

The ability to demonstrate ultimate record ownership and given set of rights reside in a specific geographical location.

INTEROPERABILITY

No need to change your entire strategy; Activeledger allows you to work side-by-side with your current system and to switch only when you are confident it can be done safely.

IMMEDIACY

The characteristic of any counter party check or subsequent transaction
to be immediate and final.

IMMUTABILITY

The characteristic of unchangeable activity entry in eternity terms.

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