Private EVM Network

The Private EVM Network is a permissioned network, hosted by the PayPledge platform admin. This network is the core layer for trade transaction underwriting and PayPledge. It hosts smart contracts that manage the underwriting process and provide crypto-backed guarantees for trade transactions, aiming for secure and private execution.

Key components on the Private EVM Network include:

• The CollateralManager Contract, which facilitates the underwriting process by managing the submission and selection of Credit Underwriting Offers (CUOfs) with trade token collateral. This contract deposits the trade token collateral to PayPledges and tracks their underwriters.
• The PayPledge Contracts, which serve as crypto-backed PayPledges, governing the lifecycle of the PayPledge, including collateral handling and dispute resolution.
• Private SAFE Contracts, which provide secure multi-signature wallet functionality for users on the private network, enabling enhanced security for TRADE-P token management and PayPledge operations.
• Trade-Private Token Contracts, which manage token supplies independently for each user with ERC-3643 compliance features, ensuring proper access control and regulatory compliance for individual user accounts.