Role of Market Intermediaries
Organisations can either engage directly with facility operators or use market intermediaries to manage their portfolio. Market intermediaries can hold Participant accounts on the Evident Registry and are able to trade and redeem C-Capsule Certificates on behalf of their clients (beneficiaries). At the end of the process, organisations receive a redemption statement uniquely identifying all claimed C-Capsule Certificates, including details of the originating CDR facilities, the process used, and the dates when the CDR occurred. This statement can be viewed directly on the Evident Registry to support audit of claims.
Role of Governments
Governments can have multiple roles in the C-Capsule framework such as Issuer (processing the issuance of certificates) or Redemption Authority (authorising redemption of certificates). We recognise the sovereignty of governments and will always seek to adjust the framework to accommodate the requirements of a government.