Key Entities

i. ISC Issuer

The ISC Issuer will be operated by the ISC Foundation. It is tasked with two principal functions that are integral to the operation of the ISC ecosystem. Firstly, it is responsible for the minting and burning of ISC. Secondly, it manages the loans of ISC between itself and the ISC Reserves.

ii. ISC Reserves

❗ For the sake of clarity, the ISC Reserves, not ISC users, maintain full possession and ownership of the assets. Meaning that, although ISC is pegged to the value of the assets owned by the ISC Reserves, ISC users do not have direct ownership rights over the assets themselves.

Each reserve is tasked with providing liquidity of ISC to the Digital Asset Market, while also buying and selling assets from the Real World Asset Market.

iii. Real World Asset Market

The Real World Asset Market refers to the entire market for real & financial assets, including the buying and selling of bonds, equities, commodities, and more.

iv. Digital Asset Market

The Digital Asset Market refers to the entire market for cryptocurrencies, including the buying and selling of ISC.