Asset On-Chain Process (Registration and Ownership Verification)

1.User Submits Asset Information:

• The user provides asset documents such as property certificates, equity certificates, and valuation reports.

• The information is uploaded to a certification cooperation node, such as evaluation companies or property rights centers.

2.DID (Decentralized Identity) Authentication:

• The user’s address is bound to a unique DID identity, and a KYC (Know Your Customer) process is completed.

3.Multi-Party Signature Authentication:

• At least three authentication nodes (ownership verifiers, evaluators, and regulatory nodes) must sign off on the asset’s authenticity.

4.On-Chain Asset Certificate Generation:

• The smart contract generates an RWA Token (can be ERC20 or ERC721).

• The token contains metadata such as asset ID, location, valuation, and status.

5.Asset Status On-Chain:

• The asset’s status (whether it is tradable, frozen, or pledged) is updated and recorded on the blockchain.