📄️ Wallet Infrastructure
The Mortar Wallet is built to facilitate access to the Mortar ecosystem for end users, developers and investors. It also acts as a portal where investors can view their assets, send and receive funds, or initialize a safe. Users will have the ability to create an account with their email address which Mortar will then use to generate a public/private keypair. This email address will be associated with the keypair it is used to generate; it will act as the login for the account.
The safe is meant to bring increased security and functionality for storing digital assets. It includes specifications for multi-signature transactions where entities and individuals can assign multiple accounts to a safe, ensuring that multiple parties must sign off on transactions. This is inherently more secure because it adds layers of security instead of having a single point of failure as is the case with EOA keypairs.
📄️ Verifiable Credentials
Commercial real estate transactions in the U.S. must comply with the Bank Secrecy Act’s (BSA) strict anti-money laundering (AML) requirements. To comply with these standards Mortar will conduct a comprehensive onboarding process for new wallets requiring users to upload necessary documents and undergo checks to prove identity. In banking and investing, this process is commonly referred to as ‘Know Your Customer’ or ‘KYC.’