What is proof of funds verification?

Proof of funds (PoF) verification confirms that a buyer or trading counterparty has sufficient financial resources to complete a trade deal — without requiring them to share sensitive bank statements or account numbers. Verasach uses zero-knowledge proofs so counterparties can verify 'enough funds exist' while keeping exact balances private.

How does Verasach work?

Verasach works in three steps: (1) Your bank or custodian issues a private attestation of your funds or inventory. (2) A zero-knowledge proof is generated — counterparties verify sufficiency without seeing the actual figures. (3) Programmable smart escrow releases funds or commodity title only when agreed milestones are met. All proofs are with an auditable milestone trail (on-chain settlement is on the roadmap).

Is Verasach free to use?

Verasach offers a free tier that includes AI bank validation (SWIFT/IBAN), AI KYC screening, AI sanctions screening (OFAC/UN/EU), and AML screening. Premium features such as AI document fraud detection, deal risk scoring, counterparty risk assessment, and BrokerGuard are available on paid plans. Sign up free at verasach.com.

What commodities does Verasach support for proof of stock?

Verasach supports proof of stock verification for oil and petroleum products (EN590 diesel, Jet A-1, crude oil, AGO, LNG, LPG), precious metals (gold bullion, silver, platinum, palladium), agricultural commodities (wheat, corn, sugar, soybeans), and industrial metals (copper, aluminum, iron ore). Documents validated include TSA, TSR, COQ, SGS inspection reports, and warehouse receipts.

What is BrokerGuard and how does it protect broker commissions?

BrokerGuard is Verasach's broker fee protection system. It creates tamper-proof deal graphs and entitlement locks that prevent deal circumvention — ensuring brokers receive their agreed commission when a trade completes, even across multi-party broker chains. It uses NCNDA-compatible smart deal records anchored to the blockchain.

How does Verasach screen for sanctions and AML?

Verasach screens counterparties against live OFAC SDN, UN Security Council, and EU sanctions lists in real time. The AI compliance engine (powered by Claude AI via Amazon Bedrock) also performs AML transaction monitoring, PEP screening, and adverse media checks. OFAC data is refreshed daily from treasury.gov and results include a confidence score and match rationale.

Does Verasach support crypto asset verification?

Yes. Verasach connects to crypto exchange accounts (Binance, Coinbase, Kraken, KuCoin, Bybit, OKX, Gemini, Bitfinex, Gate.io) via read-only API keys and verifies live balances. On-chain verification is supported for BTC (Blockstream), ETH and all EVM chains (Etherscan V2), and SOL (Solana public RPC).

Does Verasach show live commodity prices?

Yes. Verasach includes a live commodity market data dashboard showing real-time prices for energy (Brent crude, WTI, natural gas), precious metals (gold, silver, platinum), base metals (copper, aluminum), and agricultural commodities (wheat, coffee). Prices are sourced from Yahoo Finance and refreshed every 15 minutes. The Market Intelligence section also compares your active deal prices against current spot rates.

Is Verasach available on mobile?

Verasach's native iOS app (React Native) is in development; the web platform is available now at verasach.com. The iOS app supports Sign in with Apple, Google Sign-In, Face ID / Touch ID biometric login, MFA, and full access to deals, escrow, KYC, proof of funds, Proof of Stock, AI Dashboard, AI Copilot, and the Solana wallet integration.

Does Verasach support Solana blockchain verification?

Yes. Verasach integrates directly with the Solana blockchain via Helius RPC for on-chain balance lookups and Helius Enhanced API for rich transaction history. Users can add Solana wallet addresses to their Wallet section and instantly see their on-chain SOL balance (in SOL and USD), recent transaction history with human-readable descriptions, and direction (incoming/outgoing). All Solana addresses are verified on-chain — not just self-declared.

Is Verasach regulated or based in the UAE?

Verasach is a product of Aitropolis Technologies Ltd, headquartered at the Dubai International Financial Centre (DIFC), UAE, with a technology office in Cambridge, United Kingdom. DIFC is one of the world's leading financial centres, operating under its own legal framework aligned with English common law. The platform is OFAC compliant and applies AML/KYC screening standards consistent with FATF recommendations.

What billing options are available?

Verasach offers three plans: Free (10 AI trial credits, basic features), Premium (~$99/month — 500 AI calls, unlimited deals, all compliance features), and Enterprise (~$299/month — unlimited AI, dedicated account manager, custom workflows). On iOS, Premium can be purchased via Apple In-App Purchase. On web, payment is processed via Stripe. Enterprise plans are available by contacting enterprise@verasach.com.

Verasach

Verify proof of funds and commodities without exposing sensitive data. AI-powered KYC/AML screening, OFAC sanctions checks, bank validation, smart escrow, and zero-knowledge proofs — built for global trade finance.