AssetVault Legal Framework
Understanding the legal foundation of phygital asset ownership and lending
Legal Framework Overview
Boss Tag operates under a comprehensive legal framework that bridges traditional property law with digital asset management. Our platform is designed to provide legal clarity for phygital asset ownership, trading, and collateralization.
Digital Control
UCC Article 12 defines digital control as the legal basis for ownership
DAO Structure
Wyoming DAO LLC model for legal entity representation
Title Transfer
Digital-to-physical title transfer rights upon verified default
Insurance & Recovery
Lender Insurance (Optional)
Lenders can opt-in to insurance when funding a loan to protect against:
- Asset loss or theft
- Borrower fraud
- Market value collapse
- Failed liquidation
Premium: 2-5% of loan amount based on risk profile
Collections Bridge
For loans in default past 90 days, an automated Recovery Dossier is created containing:
- Borrower KYC data
- Digital ID of the asset
- Signed Smart Contract terms
- Payment history and balance
Packaged for third-party collection agencies