What We Offer
THE TECHNOLOGY — The Layers You Need
Vments Enterprise Digital Assets & Partner Ecosystem is supported by the pillars of a technology stack includes Vments as well as partner IP to support Bank Issued Stablecoin, Tokenized Deposits, and other digital assets banking and payments.
Bank Issued Stablecoins & Tokenized Deposits
Digital asset representation of real world fiat currencies. Not a cryptocurrency
“Good funds” equivalent to bank checks, with the flexibility of cash
Minted, not mined, by any banks and/or by their issuing partners
Backed by applicable reserves and meet applicable regulatory compliance requirements
Can represent any fiat currency
Flows through various CommunityV account types. See Blueprint for more about account types
Enables direct peer-to-peer wallet transfers that can re-circulate through the ecosystem
Smart Transactions
Performs Peer-to-Peer real time data and wallet-to-wallet value transfers
Records essential on-chain transaction data
Enables optional off-chain standard or self-describing formatted data & attachments
Designed for 2-factor authentications through separate request and approval
Ensures only permissioned parties can access transaction data
Blockchain & Layer
Pseudonymous immutable “book of record” for all account data
This on-chain layer is on public blockchain networks which enable peer-to-peer wallet transfers and records just the essential transaction data plus hash totals of off-chain optional data. The off-chain data is replicated and consensus validated to remain immutable. The on-chain layer also has the wallet addresses and all of the applicable blockchain transaction history linked to the off-chain additional details and optional transaction attachments.
Cloud Layer
Bank & Financial Service KYC-linked & extended Smart Transaction data
This off-chain layer is also limited to our client and partner servers that can validate and post Smart Transactions into the blockchain layer.
This layer stores an encrypted copy of the essential and optional additional transaction data and attachments specific to their end customers. Encrypted storage of end customer identity links them to their pseudonymous on-chain transactions.
Interface Layer
Outside world access & integration
This is the only layer that is accessible to end customer devices, portals, and apps. These client and partner servers are the only ones which can access their corresponding cloud layer Open API severs. This layer includes:
Bank and Financial Services in-house/core systems
Online portal and mobile App interfaces
ATM, POS, and other API interfaced devices
ERP and accounting software API interfaces
Other software and hardware interfaces