Key Roles

The Universal Protocol is supported by three different types of users:

Custodian: A trusted institution or party who assumes responsibility for securely storing the private keys that control the underlying cryptoassets.

Merchant: An institution or party to whom the Network issues tokens. They have the ability to redeem Universal tokens for the respective underlying asset. Each merchant initiates the process of minting and burning tokens. User: The Universal token holders. Users transfer, transact, and perform any other activity that requires fungible tokens on the blockchain the token is issued on.

Custodian

Merchant

User