The Claim Topics Registry interface defines the set of functions and events used to manage the required claim topics for tokens within the T-REX protocol. Below is a detailed breakdown of each function and event, explaining its purpose, source, and functionality.
ClaimTopicAdded
Event
Description: Emitted when a claim topic has been added to the Claim Topics Registry.
ClaimTopicRemoved
Event
Description: Emitted when a claim topic has been removed from the Claim Topics Registry.
addClaimTopic
Source: IClaimTopicsRegistry
Description: Adds a trusted claim topic to the Claim Topics Registry. Only callable by the owner of the contract. This function emits a ClaimTopicAdded event.
removeClaimTopic
Source: IClaimTopicsRegistry
Description: Removes a trusted claim topic from the Claim Topics Registry. Only callable by the owner of the contract. This function emits a ClaimTopicRemoved event.
getClaimTopics
Source: IClaimTopicsRegistry
Description: Returns the list of trusted claim topics for the token.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.