Claim Topics Registry

The Claim Topics Registry (CTR) is responsible for listing the claim topics required for a token. Each token has its own Claim Topics Registry, which specifies the types of claims that must be present on an ONCHAINID for an investor to be considered eligible. The CTR works in conjunction with the Identity Registry, the Identity Registry Storage, and the Trusted Issuers Registry to ensure comprehensive compliance verification.

Key Features of the Claim Topics Registry

1. Definition of Required Claims:

   • The Claim Topics Registry lists the claim topics that are mandatory for an ONCHAINID to be eligible. These claims can include KYC, AML, accreditation, and other regulatory requirements.

2. Integration with Identity Verification:

   • The CTR plays a vital role in the identity verification process. When the isVerified function is called on the Identity Registry, it fetches the required claim topics from the CTR to verify the ONCHAINID.

3. Dynamic Management:

   • The Claim Topics Registry allows for the dynamic addition and removal of claim topics. This ensures that the registry can adapt to evolving regulatory requirements and specific needs of different tokens.

How the Claim Topics Registry Works

1. Listing Claim Topics:

   • The CTR lists the claim topics required for a specific token. Each claim topic is represented by a unique identifier. These topics are essential for compliance and regulatory verification.

2. Verification Process:

   • During the verification process, the Identity Registry fetches the ONCHAINID address from the Identity Registry Storage and retrieves the list of required claim topics from the CTR.

   • The Identity Registry also fetches the list of Trusted Issuers from the Trusted Issuers Registry and compares the claims held on the ONCHAINID with the required claim topics.

   • If the ONCHAINID has the required claims and the claims are issued by trusted issuers, the isVerified function then checks the cryptographic signatures to ensure validity.

3. Ensuring Compliance:

   • By defining the required claim topics, the CTR ensures that all participants in the ecosystem meet the necessary regulatory standards. This compliance is crucial for maintaining the integrity and legality of the token transactions.

Interaction with Other T-REX Components

• Identity Registry: The CTR provides the necessary claim topics for the Identity Registry to verify the eligibility of ONCHAINIDs. This integration ensures that all identity verifications are based on standardized and required claims.

• Identity Registry Storage: The CTR works with the Identity Registry Storage to fetch the ONCHAINID addresses. This ensures that the verification process has access to the correct identity information.

• Trusted Issuers Registry: The CTR lists the required claim topics, while the Trusted Issuers Registry provides the list of entities authorized to issue these claims. This collaboration ensures that only valid claims from trusted sources are accepted.

Benefits of the Claim Topics Registry

1. Regulatory Compliance:

   • The CTR ensures that all participants comply with regulatory requirements by mandating specific claim topics. This reduces the risk of legal issues and enhances the credibility of the T-REX protocol.

2. Flexibility:

   • The ability to dynamically manage claim topics allows the CTR to adapt to changing regulatory environments. This flexibility is essential for maintaining long-term compliance and operational efficiency.

3. Enhanced Security:

   • By defining and verifying required claims, the CTR enhances the security of the T-REX protocol. It ensures that only participants with valid and verified claims can engage in token transactions.