Protocol
Risk Model
The risk model is the logic that turns extracted facts into a verdict. It's transparent, per-asset-class, and controlled by $LDGR governance rather than by any institution.
Per-asset-class scoring#
A tokenized invoice and a tokenized property carry completely different risks, so they can’t share one scoring rubric. LEDGERO applies the risk model for the asset’s class — the parameters, thresholds, and required corroboration that fit that kind of asset.
What the model reads#
- Structured facts extracted from the source documents in stage 2.
- External corroboration gathered during cross-referencing in stage 4.
- The issuer’s reputation and track record from prior attestations.
- Class-specific thresholds set by governance.
Asset classes#
These are the long-tail asset types LEDGERO is built to reach:
| Class | Example | Key risk to verify |
|---|---|---|
| Invoices | SME receivable invoice | Is the invoice real and unpaid? |
| Receivables | Recurring revenue stream | Will the counterparty actually pay? |
| Property | Real estate in emerging markets | Is title clean and valuation sound? |
| Inventory | Warehoused goods | Does the inventory exist as recorded? |
Governed, not fixed#
Risk-model parameters, accepted asset classes, and scoring thresholds are all set by $LDGR governance. That keeps the model adaptable as new asset types come online and prevents any single party from quietly rewriting the rules.
Transparency is the point
Because the model is explicit and its inputs are recorded in the attestation, a verdict can always be audited back to the facts and thresholds that produced it.