Key Characteristics: - Jurisdiction-aware (rules differ by country, asset class, and transaction type) - Updateable without redeploying the entire system - Evaluated before execution, not after - Explicitly tied to accountable roles and authorities Enforcement Examples: - AML and sanctions constraints - Approval thresholds - Role- based authority - Transaction reversibility conditions - Cross-border restrictions - Automated KYC verification Why It Matters : Regulatory accountability requires proof of compliance, not just compliant outcomes. The policy layer provides continuous, auditable evidence that operations conform to regulatory requirements. In COBI, compliance is not an audit activity—it is an execution gate .
Layer 3: The Orchestration Layer (Controlled Execution) Function : Coordinate execution across systems and parties.
The orchestration layer bridges traditional systems (core banking, ERP, payment rails) with blockchain networks. It ensures that execution follows approved processes and policies across all environments. Key Determinations: - When execution may occur - Which systems participate - What approvals are required - How failures are handled - How state transitions are synchronized Key Capabilities: - Plug-and-play adapters for Web2 and Web3 systems (SWIFT, SAP, Temenos, Salesforce) - Real-time data synchronization across platforms - Support for international standards (TradeTrust, ISO 20022) - Multi-chain routing and interoperability Why It Matters : Integration complexity is the primary cause of blockchain project delays and budget overruns. The orchestration layer reduces deployment timelines from years to weeks by eliminating bespoke connector development. Without orchestration, blockchain remains isolated. With orchestration, it becomes operational infrastructure.
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