Legal characterization
Whether and how a representation is characterized under applicable law, by jurisdiction.
Use Case / Tokenized RWAs / Digital Securities
Tokenized RWAs: a future exploration, not a current capability.
Identity-aware transfer and asset-to-representation relationships—requiring further validation.
USE-CASE MATURITYFUTURE EXPLORATION
Potential application requiring additional technical, commercial, regulatory and/or market validation.
Configures the same primitives
How maturity is defined - NovaIDMVP MOCK
- NovaRegistryMVP
- NovaDeedMVP MOCK
01 · The coordination problem
Why this needs validation first.
If real-world assets are represented digitally, the representation must stay consistent with the underlying asset, its holders' eligibility and its transfer rules—on networks Novera has not selected.
Novera's architecture could eventually support identity-aware lifecycle and transfer workflows around such representations. That requires technical, commercial, regulatory and market validation first.
02 · Participants
Who takes part—and who stays authoritative.
- Asset owner or issuer
The underlying asset and its terms.
- Eligible holder
Their holdings and supplied information.
- Regulated intermediariesExternal authority
Issuance, custody and brokerage, where required.
- RegulatorsExternal authority
Characterization and permitted activity.
- Network adapterExternal authority
Not selected. A future architectural boundary.
04 · State to coordinate
Six stages. State accumulates around the asset.
Step through the same Novera lifecycle used by every asset class. Each stage names the primitive involved and where Novera stops.
- IdentityIdentity-aware holder eligibility
STAGE 01 / 06 · NovaID
Holder eligibility could be attached
NovaID could supply eligibility state that transfer rules depend on.
Who is participating?
Boundary Does not independently perform regulated identity verification.
Conceptual model · Visitor-controlled · No live data
05 · Primitive mapping
A configuration of NovaID, NovaRegistry and NovaDeed.
Not a separate product. The same three primitives—with the same component status—applied to this asset lifecycle.
Before any implementation
What must be validated first.
Open questions that must be answered before any implementation is considered.
Regulated roles
Which issuance, custody, transfer and brokerage functions require licensed parties.
Network selection
Which network, if any, meets institutional requirements. None is selected; Base is under evaluation.
Asset consistency
How a representation stays consistent with the underlying asset and its records.
Conditional services
Whether services such as Chainlink CRE, CCIP or Proof of Reserve are needed—conditional future integrations only.
Market validation
Whether asset owners and eligible holders demonstrate real demand.
06 · 07 · 08 · Policy, evidence, settlement
Rules, proof and the final boundary.
What rules may apply
- Holder eligibility for transfer
- Transfer restrictions
- Jurisdiction-dependent requirements
- Corporate-action and lifecycle rules
Represented as workflow conditions—not legal or regulatory determinations.
What supports each transition
- Asset-backing references
- Lifecycle and corporate-action events
- Transfer approvals
- Reserve or attestation references from conditional future services
Referenced from its source, not certified by Novera.
Where Novera stops
Any on-network settlement would occur through a future network adapter. No production network is selected; Base is a leading candidate under evaluation and Hedera an optional future adapter.
- Handled externally by
- Future network adapter · not selected
09 · What Novera does not replace
Coordinate state. Preserve the authority.
No token issuance, securities registration, custody, brokerage, production smart contracts or tokenization infrastructure exist. NOVA and NovaStable are not part of the current MVP.
- REMAINS AUTHORITATIVESecurities regulators
- REMAINS AUTHORITATIVERegulated issuers and registrars
- REMAINS AUTHORITATIVECustodians
- REMAINS AUTHORITATIVEBroker-dealers and exchanges
10 · MATURITYFUTURE EXPLORATION
Requires further validation.
Different assets · One control layer
The asset changes. The architecture remains.
Compare how the same primitives map to other asset lifecycles, or review the architecture behind them.