Private credit, with the rules inside the contract.
Tokenized private credit where transfer rules and compliance are enforced by the contract, not a vendor.
When you turn a real-world loan into a token, the hard part is making sure only the right people can ever hold it. Here the rules — who is eligible, when funds release — live inside the token and the escrow themselves, so compliance is something the system enforces, not a promise in a side letter nobody reads.
They needed to issue and transfer tokenized private credit with compliance actually enforced — not promised in a side letter.
- 01A permissioned token with transfer restrictions enforced on-chain
- 02Conditional escrow with and defined recovery paths
- 03Issuance and redemption that are provable end to end
Only eligible holders can ever receive the asset, funds release only when conditions are met, and every step is auditable — with compliance still theirs to operate.
The architecture, end to end.
Each box is a primitive we wrote and you own — legible all the way down, no black-box vendor in the path. Value flows left to right.
Who may hold the asset is checked before any transfer can occur.
Transfer restrictions baked into the asset — only eligible holders, always.
Funds release on defined conditions, with time-locks and recovery paths.
Issuance and redemption are on-chain and auditable end to end.
- On-chain where enforcement matters; in your infrastructure where operation matters.
- Non-custodial by default — keys and funds stay with their owner.
- Audited line by line, then handed over: repository, runbook, and proofs.
Legacy vs the system we built.
| The legacy way | With Govart | |
|---|---|---|
| Transfer rules | Checked off-chain, after the fact | Enforced inside the token |
| Eligibility | Trust the vendor's process | Provable on-chain |
| Fund release | Manual, discretionary | Conditional, time-locked |
| Audit trail | Scattered documents | End to end on-chain |
Primitives, not black boxes.
Each layer is code you own and can read — written in-house, audited, and handed over. No rented dependency in the path of your money.
Permissioned token (ERC-3643)
Transfer restrictions and eligibility baked into the asset itself.
Conditional escrow
Time-locked release with defined, on-chain recovery paths.
Provable issuance & redemption
Every mint and redemption is auditable from end to end.
Built as if it’ll be attacked.
In crypto, one mistake is terminal. We threat-model before we build — here’s what could go wrong, and what stops it.
An ineligible party ends up holding the asset.
The token blocks any transfer to a non-eligible address.
Funds release before the conditions are actually met.
Escrow releases only on satisfied, on-chain conditions.
A dispute with no clean paper trail.
The issuance-to-redemption trail lives on-chain, not in inboxes.
Yours at the end. All of it.
The engagement ends — that’s the point. What stays is everything you need to run and extend the system without us.
The repository
Every contract and service, commented and documented — nothing withheld, no black box.
Audit reports
Internal review plus an independent third-party audit, your engineers reading along.
The runbook
How to operate, monitor, upgrade and recover — written for your team, not ours.
Keys & training
Full control transferred, and your engineers walked through it until it's theirs.
“Compliance lives in the contract — we stopped arguing about spreadsheets.”
Have something like this to build?
Disclaimer
Govart provides software engineering, technical advisory, and infrastructure services only. We advise on technology — not on financial, investment, legal, tax, or accounting matters. Nothing on this site is advice, an offer, a solicitation, or a recommendation.
We are not a bank, broker, custodian, exchange, payment processor, money-services business, or virtual-asset service provider, and we never hold, transmit, or take custody of client or end-user funds.
KYC, AML, sanctions screening, licensing, and regulatory compliance remain the responsibility of the operator that owns and runs each deployed system. We build the controls you specify; we do not act as your compliance function. Figures and examples shown are illustrative only.