Compliance & Risk Management

Regulatory Approach

• PASS is not positioned as a financial product and comes with no promise of secondary market circulation.

• Plans to apply for blockchain licenses in Singapore and Dubai.

Fund Security

• Multi-signature wallet (5-of-8 signing mechanism).

• Risk management led by a former ConsenSys compliance expert.

Audit and Contingency

• Annual security audits.

• In the event of a security incident, activation of a $100,000 insurance fund compensation mechanism.