RWA+ZK/MPC asset audit Boundless @ boundless_xyz is working on a decentralized proof market and coordinating between chains/rollups. Jiritsu Network, on the other hand, is quietly collaborating with institutions such as BlackRock to produce RWA asset proof L1. This track is not so crowded, and the project has raised over 10 million US dollars and has been ongoing for quite some time. A scenario where asset RWA audit uses zk and MPC. The direction of boundless @ boundless_xyz and zk rollups can also inspire and inspire. General logic: Create ERC-20 RWA contract: The tokenizer creates a new ERC-20 contract derived from Jiritsu's RWA protection base contract and registers it in the Jiritsu system. Asset deposit: The owner deposits the assets into the custodian, triggering the generation of a deposit certificate. This certificate grants permission to mint the corresponding quantity of tokens. The Jiritsu Ledger team obtains proof of asset deposit from the custodian and verifies it using team consensus. Consensus is aggregated on the Ledger contract of the private Jiritsu subnet, and once reached, it is forwarded to the ERC-20 contract, regardless of its location. Token minting: The owner mints tokens when the license on the deposit certificate is valid and not exhausted. These tokens represent the value of deposit assets. Token trading: Customers purchase minted tokens from the owner's primary mint. They can also buy and sell these tokens on the secondary market through exchange contracts, direct exchanges, and other mechanisms enabled by owners and tokenizers in token implementation. Asset withdrawal: When owners want to withdraw assets from the custodian, they must first allow the custodian to use the corresponding amount of tokens to be destroyed. Once the destruction certificate is provided, the assets are released from custody and delivered back to the owner. This lifecycle ensures the integrity and security of the system, preventing rug pulls by tightly coupling off chain asset custody with on chain token management. https://chainwire.org/2024/06/06/jiritsu-revolutionizes-real-world-asset-transparency-and-verification-integrates-with-blackrocks-rwa-ecosystem/