Labs / Q-Token

Q-Token — the institutional-grade digital securities protocol.

Safe-by-Design. Compliance by Code. Settlement Finality.

q_token.protocol
01 Safe-by-Design
02 Compliance by Code
03 Settlement Finality
04 Owner-only control
EVM / ERC-compatible · serverless · 24/7
01 — The standard

The technical standard beneath SQARES bond instruments.

Q-Token is the protocol layer for digital securities. Atomic DvP, peer-to-peer settlement and compliance-by-code live directly in the smart contract. Serverless, immutable and decentrally replicated, it operates 24/7. Owner-only control, vault zones and whitelist / ID badges remove open-ended approvals — without central intermediaries. The result: settlement finality in seconds, fewer interfaces and fully auditable processes. Safe-by-Design and EVM / ERC-compatible.

02 — Core principles

Principles enforced in code.

01
Safe-by-Design
Security as a structural principle, not an add-on.
02
Compliance by Code
Rules verified before execution.
03
Settlement Finality
Ownership and payment change at once.
04
Owner-only control
Authority stays with the rightful party.
05
Auditable processes
Every action verifiable at any time.
03 — What lives in the contract

Four functions, one code path.

01 · Settlement
T+0 post-trade — Atomic DvP.
Matching, clearing and delivery-versus-payment combine into a single on-chain action; ownership and payment change simultaneously, in seconds.
Aligned with CSDR Settlement Discipline; supports the move to T+1 (US / UK) via T+0 finality.
02 · Compliance
Compliance by Code.
Policy gates verify authorisations and product rules before execution; reusable KYC badges, whitelists and attribute-based permissions control access, limits and jurisdiction.
Aligned with MiFID II (product governance), AML / CFT, MiFIR reporting.
03 · Market data & risk
Valuation and risk management.
Signed price feeds drive valuation; the contract computes NAVs, triggers coupons and fees, and enforces margin, LTV and breaker thresholds as straight-through processing.
Aligned with BMR (Benchmarks), UCITS / AIFMD, SEC Rule 2a-5 (Fair Value).
04 · Segregation
Asset segregation & access security.
Vault zones, owner-only control and M-of-N approvals anchor ring-fencing and rights directly in code; client funds and collateral remain strictly segregated and traceable.
Aligned with MiFID II Safeguarding, UCITS / AIFMD depositary segregation, FCA CASS 6/7, EMIR.
04 — Modular structure

Modules, function units, one core algorithm.

12
Program modules
The functional building blocks — trading, treasury, governance and identity, freely combinable.
5
Function units
Trading & settlement, treasury & balances, identity & compliance, governance & access, payments & revenue.
1
Core algorithm — the Q-Engine
Synchronises all modules, manages states, ownership and liquidity in one unified code path.
05 — Values in code

Sovereignty. Precision. Simplicity.

Sovereignty

Control returns to the rightful owners — autonomous execution, no intermediaries, full independence by design.

Precision

Rules become executable logic — every action verifiable, consistent and precise from design to settlement.

Simplicity

Complexity reduced to clarity — one code path from authorisation through trading to reporting.

Next step

Build on the Q-Token standard.

For institutions and partners that want a technical standard for digital capital-market instruments — auditable, regulatory-ready and safe by design.