sendme
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  • Executive Summary
  • Protocol Overview
    • Introduction
    • Compliance Processor
    • Participants and Roles
      • Issuer
      • Entity
      • Individual
      • Validator
  • Product Overview
    • Products
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  • Overview
  • Function
  • Relationship with Compliance Processor
  1. Protocol Overview
  2. Participants and Roles

Individual

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Last updated 1 year ago

Overview

Individuals or natural persons who participate in the sendme Protocol represent the targeted audience of the system. From their perspective, the system represents a one-stop shop that addresses their needs in a range from a simple DC transfer to a major investment into a campaign.

Individuals may possess various Properties unlocking system functionalities within sendme. For instance, obtaining the ability to make peer-to-peer (P2P) transactions after going through KYC procedure or unlock investment opportunities passing qualified or accredited investor verifications.

This section delves into their role and capabilities.

Function

  • Transactions Initiation:

    • Make P2P transactions with other Individuals in the system using DC.

    • Make transactions with Merchants and Entities who accept the DC.

Relationship with Compliance Processor

Each transaction that involves (CB)DC, which an Individual makes, is enforced by the to ensure adherence to system rules and attached policies.

Compliance Processor