The application layer
A backoffice to run the book
Tokenistry Core assumes a product team on the other side of the API. Plenty of issuers
do not have one and should not need one. The Backoffice is that layer — investors, the
instrument, the register and the day-to-day operations in one place, as a client of the
same Core.
An issuing house placing an instrument needs somewhere to record who subscribed, who
holds what, and what has been paid — and that record has to agree with the chain. Run it
in a spreadsheet beside a token console and the two drift apart, which is the failure the
Ownership Engine exists to catch. The Backoffice is the record, with the token operations
attached to it rather than standing in a separate tool.
What stays outside it
The Backoffice administers a tokenized instrument. It does not take on the roles
around it.
- not legal or regulatory advice
- not the issuer
- not a broker or distributor
- not a custodian
- not a KYC or AML provider
- not the register where that is licensed
Where local law makes register-keeping or safekeeping a licensed activity, that role
belongs to your licensed provider and Tokenistry supplies the technology beneath it.
Which applies is a question for your jurisdiction.