Version 5.1.3




The Verify.Credit Protocol

Secure Email Token Layer

Providing a secure layer for real-time transactions within email communication utilizing unified tokens.




Table of Contents




Abstract

The Verify.Credit Protocol, enables secure real-time transactions within email communications utilizing unified tokens on the bitcoin mainnet. It fully integrates into the existing email environment, providing real-time cross-currency conversion, mathematical stability, and inherent security.




Getting Started

The Verify.Credit Protocol allows anyone to receive and send bitcoin from within their email environment. This guide will help you to get started using the Verify.Credit Protocol on the bitcoin mainnet. If you like to charge your email with tokens or simply learn about the protocol, follow this guide.

Prerequisites:

1. Get Your Bitcoin Address:

2. Transfering or Buying Bitcoin:

3. Sending and Receiving:

Congratulations:




Addressing

A unique bitcoin address is assigned to every email participating in the protocol. Any bitcoin sent to an address in the protocol are immediately available via the unified token layer and the email interface with their confirmation on the blockchain.




Onchain

Current in Gold: 1.6053359901537456e-8g / Token




Stabilization

The unified token layer deploys stable units on the bitcoin mainnet, mitigating bitcoins volatility by deriving their value relating to the global gold market and tokens in circulation. This effectively eliminates speculative risks caused by bitcoin fluctuations. An 8% fee for transactions moving bitcoin out of the protocol further fortifies this stability, resulting in a system with an inherently stabilized and tendentially deflationary nature.




Key Features

The protocol bridges the email and bitcoin protocol serving a distributed email relay that connects email authentication with bitcoin encryption.

Email Interface

Users can securely send and receive transactions within their familiar email interface, with no setup required. The protocol receives emails send to the relay @verify.credit, parsing its handle and authenticating related actions.

The following is the general structure of the email relay:

Structure
[action]@verify.credit

The following example instructs the protocol to take 100 EUR (in tokens from available funds), moving them to john.doe@mail.com.

Email (Example)
Recipient: 100eur@verify.credit
Subject: john.doe@mail.com

Such email transactions are fee-less, while tokens can also be moved to external bitcoin addresses, incurring an 8% fee, with a minimum of 0.1g of gold in tokens.

Seamless Integration

Structure
Link mailto:[value][currency]@verify.credit?subject=[recipient]&body=[anything]
Example mailto:10usd@verify.credit?subject=donation%40nature.org&body=Thank%20you!

Developers can integrate the protocol into any application with remarkable ease. A simple mailto link prompts the user's email client to open, enabling them to confirm payment from their trusted environment.

Realtime Conversion

The protocol provides a cross-currency interface for seamless real-time conversion, supporting various forms, including fiat currencies, cryptocurrencies, and precious metals (see full list).

Natural Stability

The unified tokens employ a mathematical equation based on the value of gold and tokens in circulation to calculate the value of each related to global currency exchange, trust and demand dynamics.

Mathematical Representation
Equation: Token Valuation = (Currency Value in 1000 Gold Atoms) * (Tokens in Circulation)
Explanation: The value is determined as the product of gold (static) and tokens in circulation (dynamic), forming a continuously increasing circulation threshold, which, amidst limited gold reserves and fluctuating exchange rates, naturally finds the balance in prevailing market dynamics.

Inherent Security

The protocol is built on a four-decade legacy. Users are free to choose any client from simple to multi-factor, fingerprint, and beyond to shape their personalized financial environment.




Specifications

Email Transactions

Conduct transactions by sending structured emails to the relay.

Structure
[amount]@verify.credit
[amount][currency]@verify.credit
Example
Recipient: 100eur@verify.credit
Subject: max.muller@mail.com

* subject must be a valid email or bitcoin address

Within the protocol transactions are processed without incurring any fees. Whenever tokens are sent to an external bitcoin address, an 8% fee (minimum 0.1g of gold) is applied.

Balance Inquiry

Check your balance by contacting check@verify.credit or [currency]@verify.credit to include the current value converted into the specified currency.

Structure
[currency]@verify.credit
check@verify.credit

* the email subject and content are ignored

Supported Currencies

All major currencies are supported; in some cases, a currency may experience temporary interruptions due to technological or economical thresholds. In such instances, simply opt for any other trusted currency or direct token transfer.

Symbol Name
ALL Albania Lek
DZD Algeria Dinar
AOA Angola Kwanza
ARS Argentina Peso
AMD Armenia Dram
AWG Aruba Guilder
AUD Australia Dollar
AZN Azerbaijan Manat
BSD Bahamas Dollar
BHD Bahrain Dinar
BDT Bangladesh Taka
BBD Barbados Dollar
BYN Belarus Ruble
BZD Belize Dollar
BMD Bermuda Dollar
BTN Bhutan Ngultrum
BOB Bolivia Bolíviano
BAM Bosnia and Herzegovina Convertible Marka
BWP Botswana Pula
BRL Brazil Real
BND Brunei Darussalam Dollar
BGN Bulgaria Lev
BIF Burundi Franc
KHR Cambodia Riel
CAD Canada Dollar
CVE Cape Verde Escudo
KYD Cayman Islands Dollar
CLP Chile Peso
CNY China Yuan Renminbi
COP Colombia Peso
XOF Communauté Financière Africaine (BCEAO) Franc
XAF Communauté Financière Africaine (BEAC) CFA Franc BEAC
KMF Comorian Franc
XPF Comptoirs Français du Pacifique (CFP) Franc
CDF Congo/Kinshasa Franc
CRC Costa Rica Colon
HRK Croatia Kuna
CUP Cuba Peso
CZK Czech Republic Koruna
DKK Denmark Krone
DJF Djibouti Franc
DOP Dominican Republic Peso
XCD East Caribbean Dollar
EGP Egypt Pound
SVC El Salvador Colon
ETB Ethiopia Birr
EUR Euro Member Countries
FJD Fiji Dollar
GMD Gambia Dalasi
GEL Georgia Lari
GHS Ghana Cedi
XAU* Gold
GTQ Guatemala Quetzal
GNF Guinea Franc
GYD Guyana Dollar
HTG Haiti Gourde
HNL Honduras Lempira
HKD Hong Kong Dollar
HUF Hungary Forint
ISK Iceland Krona
INR India Rupee
IDR Indonesia Rupiah
IRR Iran Rial
IQD Iraq Dinar
ILS Israel Shekel
JMD Jamaica Dollar
JPY Japan Yen
JOD Jordan Dinar
KZT Kazakhstan Tenge
KES Kenya Shilling
KRW Korea (South) Won
KWD Kuwait Dinar
KGS Kyrgyzstan Som
LAK Laos Kip
LBP Lebanon Pound
LSL Lesotho Loti
LRD Liberia Dollar
LYD Libya Dinar
MOP Macau Pataca
MKD Macedonia Denar
MGA Madagascar Ariary
MWK Malawi Kwacha
MYR Malaysia Ringgit
MVR Maldives (Maldive Islands) Rufiyaa
MUR Mauritius Rupee
MXN Mexico Peso
MDL Moldova Leu
MAD Morocco Dirham
MZN Mozambique Metical
MMK Myanmar (Burma) Kyat
NAD Namibia Dollar
NPR Nepal Rupee
ANG Netherlands Antilles Guilder
NZD New Zealand Dollar
NIO Nicaragua Cordoba
NGN Nigeria Naira
NOK Norway Krone
OMR Oman Rial
PKR Pakistan Rupee
PA* Palladium
PAB Panama Balboa
PGK Papua New Guinea Kina
PYG Paraguay Guarani
PEN Peru Sol
PHP Philippines Peso
PL* Platinum
PLN Poland Zloty
QAR Qatar Riyal
RON Romania Leu
RUB Russia Ruble
RWF Rwanda Franc
SAR Saudi Arabia Riyal
RSD Serbia Dinar
SCR Seychelles Rupee
SLL Sierra Leone Leone
XAG* Silver
SGD Singapore Dollar
SBD Solomon Islands Dollar
SOS Somalia Shilling
ZAR South Africa Rand
LKR Sri Lanka Rupee
SDG Sudan Pound
SRD Suriname Dollar
SZL Swaziland Lilangeni
SEK Sweden Krona
CHF Switzerland Franc
TWD Taiwan New Dollar
TJS Tajikistan Somoni
TZS Tanzania Shilling
THB Thailand Baht
TOP Tonga Pa’anga
TTD Trinidad and Tobago Dollar
TND Tunisia Dinar
TRY Turkey Lira
TMT Turkmenistan Manat
UGX Uganda Shilling
UAH Ukraine Hryvnia
AED United Arab Emirates Dirham
GBP United Kingdom Pound
USD United States Dollar
UYU Uruguay Peso
UZS Uzbekistan Som
VND Viet Nam Dong
YER Yemen Rial
ZMW Zambia Kwacha
AFN Afghan Afghani
BCH Bitcoin Cash
BTC Bitcoin
CLF Unidad de Fomento
CNH Chinese Renminbi Yuan Offshore
ETH Ethereum
LTC Litecoin
BYR Belarusian Ruble
CUC Cuban Convertible Peso
EEK Estonian Kroon
ERN Eritrean Nakfa
FKP Falkland Pound
GGP Guernsey Pound
GIP Gibraltar Pound
IMP Isle of Man Pound
JEP Jersey Pound
LTL Lithuanian Litas
MTL Maltese Lira
SHP Saint Helenian Pound
STD São Tomé and Príncipe Dobra

* currencies based on weight are calculated per gram

App Integration

The verify.credit protocol seamlessly integrates into any application using the widely supported email-linking standard: mailto:{value}{currency}@verify.credit?subject={recipient}&body={optional}

HTML Example

<a href="mailto:10usd@verify.credit?subject=donation%40nature.org&body=Thank%20you!">Send Donation</a>

JavaScript Example

Below is a simple JavaScript example that opens a new window with a QR code generated from the provided email-linking parameters.

      
    <script>
        function openQrCode() {
            // Replace these values with actual transaction details
            const value = "10";
            const currency = "usd";
            const recipient = "donation@nature.org";
            const bodyText = "Thank you!";

            const qrCodeUrl = `https://api.qrserver.com/v1/create-qr-code/?size=300x300&data=mailto%3A${value}${currency}%40verify.credit%3Fsubject%3D${encodeURIComponent(recipient)}%26body%3D${encodeURIComponent(bodyText)}`;

            // Open a new window with the QR code
            window.open(qrCodeUrl, "_blank");
        }
    </script>

    // example button triggering the above script
    <button onclick="openQrCode()">Donate</button>
    

This structure can easily be converted into any format (e.g. QR Code) to fit any imaginable use case.

All received emails contain an HTML body for display and a text body in JSON Format for simple processing. To process payments, it is recommended to incorporate a unique identifier in the email body, allowing for swift backend handling.




Roundup

The verify.credit protocol, built on a robust four-decade legacy of the email and bitcoin protocol, introduces a secure framework for real-time transactions within emails. Its tokens ensure a natural balance in the dynamic market, effectively mitigating bitcoins volatility. In the event of a potential bitcoin crash or depletion of reserves, the protocol exhibits foresight by freezing the amount of tokens in circulation, deliberately disconnecting from the bitcoin.




Credits

The protocol embraces its essence, operating as a frictionless reflection of collective intelligence. Gratitude extends to the network of contributors. All are invited to build upon it with a shared interest in advancing humanity.