New Capital System (RWA / Programmable Capital)

Sovereign capital distribution, tokenized programs, and allocation infrastructure powered by TokenTable and Sign Protocol.

Purpose

The New Capital System enables governments, regulators, and institutions to:

• distribute capital programmatically,

• enforce eligibility and policy constraints,

• maintain full auditability and transparency,

• prevent duplication, leakage, and fraud,

• operate at national or population scale.

This system is built on TokenTable for allocation and execution, and Sign Protocol for verifiable evidence.

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What problems this solves

Traditional capital programs suffer from:

• opaque beneficiary selection,

• manual reconciliation and audits,

• duplicate or fraudulent claims,

• poor interoperability between agencies,

• weak post-distribution accountability.

The New Capital System replaces these with rule-driven, evidence-anchored capital flows.

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Core components

1) Eligibility layer (input)

Inputs may include:

• identity credentials (New ID System),

• income or residency proofs,

• compliance checks (AML, sanctions, sector restrictions),

• program-specific attributes.

Eligibility evidence is cryptographically verifiable and reusable.

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2) Allocation engine (TokenTable)

TokenTable acts as the distribution and allocation engine, supporting:

• one-to-many distributions,

• vesting schedules,

• cliffs and linear unlocks,

• revocation and clawback logic,

• delegated claiming,

• batch execution.

Allocations can represent:

• cash-like funds (CBDC / stablecoins),

• subsidies or benefits,

• grants or credits,

• tokenized assets or rights.

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3) Settlement rails

Funds may settle on:

• private CBDC rails,

• public regulated stablecoins,

• hybrid bridges between private and public rails.

The capital system is rail-agnostic, but evidence-consistent.

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4) Evidence & audit layer (Sign Protocol)

Sign Protocol anchors:

• eligibility attestations,

• allocation manifests,

• execution and settlement references,

• compliance approvals,

• post-distribution audits.

Evidence is immutable, queryable, and verifiable.

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Canonical flows

Flow 1: Welfare / subsidy distribution

1. Define program ruleset (eligibility + caps)

2. Verify citizens via New ID System

3. Generate allocation table (TokenTable)

4. Execute distributions

5. Anchor evidence (ruleset hash + execution refs)

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Flow 2: Grants & incentives

1. Accept applications

2. Evaluate eligibility and scoring

3. Publish allocation results

4. Release funds via schedules

5. Provide transparent public audit trail

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Flow 3: Enterprise or sector support

Used for:

• SME stimulus,

• agricultural subsidies,

• energy credits,

• education vouchers.

Rules enforce who, how much, when, and under what conditions.

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Example allocation manifest (illustrative)

{
  "program_id": "SME_SUPPORT_2026",
  "ruleset_version": "v2",
  "asset": "CBDC",
  "total_budget": "10000000",
  "currency": "CBDC",
  "allocations": [
    {
      "beneficiary_ref": "did:example:entity:company123",
      "amount": "50000",
      "vesting": "linear_12_months",
      "eligibility_ref": "attestation:0xabc..."
    }
  ],
  "generated_at": "2026-05-01T10:00:00Z"
}

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Controls & safeguards

• hard caps per identity or entity

• duplicate prevention via identity linkage

• revocation and clawback mechanisms

• emergency pause

• versioned rulesets for audit replay

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Where to go next

• Identity prerequisites: New ID System

• Payments rails: New Money System

• Distribution tooling: TokenTable

• Evidence layer: Sign Protocol