Distributed LabBlogFinancial Web manifesto

Distributed Lab is 100% committed to make it happen.

  1. Any two or more parties should have the opportunity to transact privately and securely, and each of them should have a proof of completion of the transaction.
  2. At any moment, access to external auditors may be granted, who shall be guaranteed to receive correct information.
  3. In order to complete their transactions, the parties are NOT obliged to join or take part in any kind of system/network, or await confirmation from any other third parties or purchase any kind of third asset.
  4. The number of participatory parties to the transaction is unregulated, and depends entirely on mutual agreement.
  5. No transaction of any kind may be altered without the agreement of all parties involved.
  6. Users must have the right to manage their assets individually, or jointly, according to pre-established rules.
  7. The rules for carrying out transactions must be apparent to all parties prior to the the transaction; and should be a part of the transaction; and must not be altered retroactively.
  8. Everybody should have access to license-free, open-source software components that allow to implement all mentioned principles.

We are building the TokenD framework to bring these principles to the reality.

Pavel Kravchenko
About the author

Founder & cryptographer