Project Vision
Asset figures should keep the record of their checks.
The question comes back years after a figure was checked, when a buyer or an auditor asks how. Loquitur aims at a shared registry that would still answer it without the evidence being published: the verdict and the reason codes behind it, the policy at the version applied, and which of the issuer's keys signed, with none of the documents ever in it.
The long-term aim
Verification records that outlast the first review.
An auditor or a buyer who comes later would still see what was checked, and how it came out.
A shared vocabulary for outcomes
Policies, verdicts and a catalog of reason codes give an issuer and a reviewer the same terms for why a check passed or failed.
After the audit closes
Once the audit or onboarding is over, the registry entry would still show that the receipt existed and what it concluded.
Loquitur's role
Between whoever produces a figure and whoever relies on it.
A receipt that travels with the figure
When a figure passes from administrator to auditor, or from lender to servicer, its receipt would go with it, and the next review would pick up where the first one stopped.
Verification on the reader's machine
A document edited after the check no longer matches the digest the manifest holds for it. A later reviewer would need the bundle and the public records it is checked against, and nothing from the issuer's systems.
Consulting a record later
Name a figure of yours that gets reopened years on.
At a sale, a refinancing or a dispute, a figure comes back and someone asks how it was checked. That is where a record would matter most.