Buy vs. build, for the capital-control stack underneath your product
“I have the client and the commercial opportunity. I do not want to spend years building collateral controls, credit rules, capital accounting, reporting, smart contracts and audit evidence from zero.”
- Client relationship and distribution
- Brand and servicing
- Regulated / licensed role and client agreements
- Product strategy
- Custody / bank / VASP relationships
- Its own product economics
- Capital-control rules
- Credit infrastructure and collateral logic
- Reserve logic and risk constraints
- Accounting and reconciliation
- Observable evidence
- Product Series and position infrastructure
Human authority stays at the perimeter — identity, KYC/AML, suitability, licensing, custody, legal title and real-world enforcement remain with accountable, regulated institutions. Deterministic authority sits at the core — capital eligibility, collateral thresholds, reserve and coverage rules, and distribution formulas are enforced where they can be objectively specified in advance. ADCP does not eliminate audit; it turns more of the audit evidence into continuously verifiable state.
Do not trust ADCP first. Verify it beside your existing system — that is exactly what the controlled Base Sepolia proof exists to let you do.