Frequently Asked Questions

These Frequently Asked Questions (FAQs) are for informational purposes only and do not replace or amend the Membership Agreement or the documents applicable to each transaction or structure, which shall prevail in all cases.

Blockchain, wallet and member identity

The Club uses blockchain as infrastructure for certification, traceability, governance and operating support.

It is not used for image or fashion, but because it allows relevant facts within the Club ecosystem to be recorded in an orderly way, reinforces traceability of key actions and unifies workflows that would otherwise be dispersed across documents, systems and structures.

Blockchain, wallet and member identity

5.1Why does the Club use blockchain?

5.2What role does blockchain play in the Club?

5.3What is the member wallet?

5.4Is the wallet linked to the member?

5.5Is the wallet transferable?

5.6Does the member control the wallet keys?

5.7Is the member wallet public or private?

5.8What is the wallet used for?

5.9Can the wallet be used to sign documents?

5.10Can the wallet be used to vote?

5.11What actions may be recorded on blockchain?

5.12Why is this architecture especially important in Wyoming feeders?

5.13What is the relationship between the member wallet and Wyoming feeders?

5.14What happens in Ireland under this logic?

5.15What is the relationship between the wallet and SPV participations?

5.16Are full documents and personal data recorded on-chain?

5.17What advantages does this structure provide?

5.18Does this mean 007i is a crypto project?

5.19Why not do everything only with traditional methods?