Today VERIDEX Alethia joined the
@GLEIF Partners Program, alongside the institutions that work on entity identification.
The Legal Entity Identifier answers one question for global finance, in any jurisdiction that recognises it: which legal entity sits on the other side of this transaction.
The Program brings together the certification authorities, trust service providers, financial institutions and vendors working on its adoption.
An identifier settles which legal entity is party to an agreement. The evidence behind what they signed decays afterwards, across custodians, jurisdictions and years, and each reviewer who arrives late rebuilds it by hand.
The institutions in this Program are the ones that take that seriously.
That second problem is our work,
#RightsContinuity – evidence that stays reviewable across systems, jurisdictions and time.
A good marker for the team.
The next one is ours to build.