Tokens 2.0 (CryptoDepository Receipts)
Smarter tokens through smart regulation
We received quite a few questions around CryDRs and the value they unlock, so we thought we’d add a bit of color on what CryDRs / Smart Regulation brings to the blockchain.
CryptoDepository Receipts (CryDRs)
CryDRs are programmable tokens that can house real-world regulation in a decentralized format. This means tokens are always KYC / AML compliant. In addition, governments, organizations and individuals can program their own logic into their own CryDRs. Ensuring tokens, while decentralized, will never jeopardize the off-chain operations / legal standing of entities who use them.
Smart Regulation
In the traditional economy, regulation is placed around certain asset classes to manage fraud, market, credit and systemic risk. Currencies, commodities and securities all have different regulations across different jurisdictions.
The Jibrel team has worked (and continues to work) tirelessly with our regulatory advisors to translate real-world regulation into smart regulation (solidity code).
Asset Classes (Illustrative, non-exhaustive)
The table below illustrates how different types of asset classes can incorporate smart regulation:

Response-time / Regulation Updates
Jibrel has also built-out the capability to quickly deploy new regulation as it evolves, ensuring CryDR regulation can be updated on the go as the crypto-ecosystem matures / with real-world regulation changes.

