Symbiont Assembly™

About Assembly™

  • Assembly is immutable; an “append-only” database
  • Provides single, global accounting ledger
  • Transaction history replicated by all nodes in the network
  • Is permissioned, meaning that access is restricted to necessary organizations, and can be further restricted to specific users by role
  • Each organization/user publishing to Assembly signs with their private key, allowing their identity to be verified by the other participants

Why It Matters

  • Massively reduces the risks and costs involved in maintaining multiple disconnected ledgers — Assembly gives all parties the control benefits of their own private ledger(s), with the ease and simplicity of a single, centralized ledger
  • Dramatically reduced clearing and settlement times without any settlement risk, due to all actions happening electronically and being written to Assembly
  • Identity and access risk is minimized, through verification of cryptographic signing keys — for example, each authorized user within an organization may have their own signing key, and specific permissions may be granted to each key
  • All actions are recorded to Assembly in a tamper-proof manner

Symbiont Secure Channels

About Secure CHannels

  • Secure, cryptographic mechanism for sharing confidential data
  • Data is encrypted and then written to the distributed ledger
  • All communication takes place on-ledger, rather than through transient side-channels
  • Preserves full replayability of distributed ledger
  • Model ensures consistency among channel members

WHY IT MATTERS

  • Maintains the highest standards of data security and integrity
  • Does not not sacrifice functionality, scalability or decentralization
  • Does not reveal private data to any third-parties, including Symbiont
  • Ensures high availability, with distributed ledger as storage mechanism

Symbiont Smart Securities®

About Smart Securities®

  • Model arbitrarily complex instruments and contractual agreements
  • Financial instruments are written in human-readable computer code
  • Data storing the current instrument state and the computer code to implement instrument corporate actions (and more) are stored together in a distributed ledger
  • Allow for manually initiated, or automatic/self-executing terms and conditions
  • Full support for cryptographic authorization and custom workflows around any interaction or process

Why It Matters

  • Allows for the modeling of the complex mechanics, states and interactions for any financial instrument class
  • Allows for the implementation of the entire lifecycle of a financial instrument: issuance, primary market allocation, and secondary market trading
  • The current state of any instrument, and access to the instrument’s corporate actions interface may be shared with any number of market participants based, on strict and powerful access rules
  • Both the instrument state and the computer code used to implement the corporate actions are published to the distributed ledger, in a tamper-proof format, and made accessible to all relevant parties