Mandala · VASP Discovery

VASP Discovery

Alice wants to send stablecoins to a wallet on another exchange. Before the transfer can go through, her VASP has to run a Mandala compliance check with whichever VASP controls the destination wallet — but a wallet address alone doesn’t say who owns it.

Mandala resolves this in up to two steps: first a private check inside its own network, and only if that fails, a lookup against directories the rest of the industry already uses.

Step 1 · Inside Mandala

Ask the network — without revealing the address

Your VASP scrambles the address and routes the sealed question to every Mandala member at once. Each one stamps a sealed answer with its own key — never seeing the address itself.

Match at VASP C — resolved. The compliance check can begin.
if Step 1 finds no match anywhere in Mandala
Step 2 · Outside Mandala

Check the shared industry directories

Directories like Notabene, Sygnabridge, and Coinbase TRUST already hold hashed-address lookup tables that many VASPs publish to — Mandala member or not. Your VASP checks all of them at once; no locks needed, just a plain hash lookup.

Match at Sygnabridge — VASP B, protocol endpoint returned