Transaction lifecycle · 8 steps, atomic
Run a Canadian institutional transaction end-to-end through eight steps — KYC, AML, tokenize, trade, attestation, settle, audit, report. Every step writes to an append-only audit trail. End-to-end finality in 12.1 seconds versus T+2 on legacy rails.
Lifecycle progress · step 1 of 8
KYC Verification
Verify the institution's legal identity and beneficial owners, then issue a reusable on-chain credential. Onboard once, transact everywhere.
Inputs
Outputs · KYC credential
AML Screening
Anti-Money Laundering: screen the party and the transaction against sanctions, PEPs, and watchlists, with an auditable risk score.
Inputs
Outputs · AML score
Tokenization
Wrap the real-world asset in a legal token contract and mint it on-chain with built-in transfer restrictions. The token IS the official ownership record.
Inputs
Outputs · token contract
Trade Execution
Place an order into the central limit order book, match against a verified counterparty, generate an execution receipt. Pre-trade compliance already passed before the order reaches the book.
Inputs · order
Outputs · execution
Attestation
Issue a signed, verifiable proof — anchored to the credentials and transactions created in prior steps. Best-execution and proof-of-reserves attestation pre-settlement.
Inputs
Outputs · signed attestation
Atomic DvP settlement · T+0
Settle both legs atomically — delivery-versus-payment at T+0 — with instant, irreversible finality. Cash leg moves in tokenized CAD; asset leg in the security token. Both or neither.
Inputs · instruction
Outputs · settled · T+0
Audit Trail
Every step above is written to an immutable, append-only ledger on the 4orm-EVM permissioned network. Each record carries a hash, timestamp, and linked references.
Anchored records · 6 events
Outputs · audit root
Compliance Report
Auto-compile a regulatory report from the on-chain record. CIRO transaction tape, FINTRAC LCTR, and the full audit package — all generated in one click.