SIF – validator agents

Validator agents are accounts that can operate as escrows or can enforce

the rules of agreement terms between investors and the fund manager. For

example, a validator agent can reject a transaction initiated by the fund

manager that does not follow agreed-upon terms. The validator accounts

can be controlled manually or can be tied to software that interprets rules in

the SIF. The validators serve as co-signers on transactions between investors

and fund managers. This is implemented through a multi-signature account

on Findora that is managed by the set of validator agents.

Every transaction affecting this account requires the endorsement of

each agent. This structure provides value above roles that are today handled

non-transparently by fund managers, custodians, and administrators.