Operating lifecycle
How It Works
Digital Asset Recovery Administration, Safeguarding, Verification and Authorized Settlement Infrastructure
A received or recorded digital asset is not automatically eligible for withdrawal. Applicable VeriVault verification and eligibility requirements must be completed, and the specific withdrawal request must receive the required authorization before settlement can proceed.
Receive
Record
Verify
Assess Eligibility
Authorize
Settle
Receive
A supported asset, transaction reference or documented claim is received or identified through an approved mechanism.
Record
Relevant transaction, blockchain, account, asset, network and supporting information is recorded accurately.
Verify
Identity, documents, transactions, assets and supporting evidence are reviewed according to applicable requirements.
Assess Eligibility
VeriVault evaluates whether the applicable asset-level and user-level requirements have been satisfied.
Authorize
An eligible withdrawal is submitted for the required VeriVault platform authorization.
Settle
An authorized request may proceed through processing, submission or broadcast, confirmation and settlement through a supported destination.
The governing principle
Receive First. Record Accurately. Verify Thoroughly. Establish Eligibility. Authorize Securely. Settle Only When Permitted.
Complete disclosure
Crypto Recovery Account Platform
Review the complete platform purpose, operating lifecycle, VeriVault framework, restrictions, safeguards and service limitations.