What is AtomicNet's vision?

The AtomicNet vision is to enable a world of liquidity: a world where every asset, including traditionally illiquid assets (i.e., Real Estate, Private Equity), can be instantly convertible to any other asset.

What problem does AtomicNet solve?

AtomicNet makes settling trades between assets on traditional ledgers fast, reliable, and inexpensive inter-organizational settlement.

Why does AtomicNet use a blockchain?

AtomicNet is a participant-to-participant network where disparate parties trustlessly settle transactions. A transaction is trustless, if no credit is extended to anyone and if there is no loss if someone fails to perform. AtomicNet is not itself a blockchain. However, AtomicNet relies on the Authoritative Blockchain to provide trustless infrastructure to coordinate transaction settlement.

Who are the ABC validators?

AtomicNet has no validators. But, AtomicNet relies on the Authoritative Blockchain (ABC) which does have validators. Initially, the validators for the ABC will be run by PolySign or optionally by AtomicNet participants. The ABC is envisioned to eventually be a public blockchain.

- Is there a native token?
Yes. The native token is currently only to protect the network from spam.

- (Due to use of a proprietary blockchain, more DD is required)
Great. Due diligence is a one-time cost that can only improve the system.

Is AtomicNet a new Layer1? Layer 2?

NO.
- Layer 1 is a term that describes a blockchain. AtomicNet is not a blockchain.

- Layer 2 describes a scaling solution for a blockchain. AtomicNet does not provide a scaling solution for a blockchain.

What is the revenue/fee model?

The target fee model is $0.01 per share traded.

Why doesn't AtomicNet use EVM (or other chains) which many institutions already know?

EVM (The Ethereum Virtual Machine) is a smart contract solution. AtomicNet does not rely on smart contracts.

What type of integration is required?

AtomicNet requires lightweight integrations. To support atomic settlement, funds are escrowed from an existing account and then either returned to the account or released to another account. This simple flow allows existing flows to operate with minimal adjustments.

Governance
- How is membership decided?

- What rules govern cross-border transactions?
Each institution can specify their requirements. The requirements of all institutions must be met for the transaction to be valid.

- Are there reg/compliance standards in place?
Yes. AtomicNet does not obviate current rules. AtomicNet does not require new rules. AtomicNet merely makes currently permissible trades atomic.

- How do breaches get enforced?
Breaches are localized between the institutional participants and/or their clients. Breaches are addressed in the normal way.

- Who makes the rules of engagement? Who enforces?
There are two types of interactions: participant to participant and participant to account holder. Participant to account holder is governed by the participant's terms of service. Participant to participant transactions are governed by a multi-lateral agreement which participants require all other participants to have signed for a settlement to be valid. The multi-lateral agreement essentially provides that other participants hold the participant free from liability.

Why does the market need another settlement chain or protocol given others in existence?

AtomicNet is not a chain. AtomicNet allows assets on traditional ledgers to settle without the need for the assets to be tokenized to a blockchain.

How does this work with different market instruments and structures (i.e. some that require delayed settlement)?

AtomicNet works by having ledger operators escrowing assets. The duration of the escrow can encompass any need. Days or even months, if necessary.

How does AtomicNet work with both Fiat/TradFi and Digital?

AtomicNet works with institutions which manage an asset ledger. For Digital/DLT assets to be traded on AtomicNet, an institution must act as a custodian for the digital assets or must proxy access to the DLT.

My company is already using a blockchain other than the ABC. Why would we utilize the ABC?

Integrating with AtomicNet is through a lightweight API. There is no obligation to further integrate with the ABC or migrate any other applications to the ABC.