Legal objects

From СhainInLaw
Jump to: navigation, search
Users can use objects defined outside the Platform, as well as define legal objects using the Platform's system objects. The basic process of identifying an object is similar to the Entity identification (see the section Entity Identification), except for the following features:
  *rights for the object may be alienated or restricted;
  *the object does not have subjective rights to its identifying information (personal data), but some of the information may constitute a 
   commercial or other type of secret.

Thus, an object of law can be associated with a token issued in accordance with a special procedure (a unique cryptographic identifier), and its identifying features can be associated with a set of transactions of the type (such as Public Key of the Certifying Witness [CS] Identification Tag, Allowed Token Identifier) signed by the keys of the corresponding CA. If the information about the object is of a public nature, the Permitted Token Identifier coincides with the Token Identifier (Address).

Since any actions with the token are made only with the help of transactions signed by the EDS, it is easy to record the will of the parties and associate them with legal regulation.