Participants remain responsible for declaring their assets and deciding whether to accept a proposed match.
Operating framework
ASTRA-C Framework
How to read this framework
The lifecycle presents the proposed operating design. It explains the intended process and controls; it should not be taken as confirmation that every stage has been deployed or validated in live transactions.
Transaction lifecycle
From initial registration to evaluation
Each stage creates information or evidence for the next. Participant acceptance, documented obligations and confirmation of delivery remain central safeguards throughout the process.
STAGE 01
Sector Diagnosis and Participant Registration
A prospective participant submits corporate registration documents, identity documentation, beneficial ownership information and productive asset details for review.
Primary responsibilityThe participant supplies accurate information, supported by Zamani Africa’s onboarding process.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 02
Verification and ITCA Scoring
Participant identity, registration status and beneficial ownership are intended to be checked against authoritative sources. The framework proposes an ITCA trust score and a verified institutional profile.
Primary responsibilityZamani Africa coordinates the verification process and profile assessment.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 03
Asset Registration and FTV Valuation
A verified participant registers a productive asset with its quantity, quality specification and location. FTV is intended to reference published third-party data for exchange-accounting purposes.
Primary responsibilityThe participant declares the asset; the valuation methodology provides a reference.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 04
Technology-Enabled Matching
The platform is designed to identify complementary counterparties, including possible multilateral chains. Potential matches are presented for review, and both parties must explicitly accept before proceeding.
Primary responsibilityThe matching system identifies possibilities; participating counterparties decide whether to accept.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 05
ASTRA-C Contracting
After acceptance, a structured contract is intended to define obligations, timelines, quality requirements, inspection, accounting, any residual settlement and the dispute-resolution forum.
Primary responsibilityThe framework supports documentation; participants review and execute their agreements.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 06
Digital Obligation Recording
Exchange obligations are intended to be recorded in an auditable transaction register, creating the primary evidentiary record for monitoring and subsequent confirmation.
Primary responsibilityZamani Africa maintains the relevant transaction record within the proposed operating model.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 07
Joint Pre-Shipment Inspection
Before goods move, representatives jointly inspect and confirm specifications, quantity, quality and condition. An independently contracted provider may support custody or delivery verification.
Primary responsibilityBoth parties participate, with an independent inspection or warehouse provider where required.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 08
Delivery Confirmation and Exchange Settlement
After delivery is confirmed, the relevant obligation is recorded as discharged. Any residual monetary settlement is contemplated through participants’ licensed banking channels and existing financial infrastructure, where applicable.
Primary responsibilityThe transaction record captures confirmation; licensed financial institutions handle any monetary settlement.
Use the stage tabs above to explore the complete nine-stage lifecycle.
STAGE 09
Evaluation and Performance Recording
Completed exchange data is intended to inform performance monitoring, ITCA updates and independent review against pre-agreed pilot performance indicators.
Primary responsibilityZamani Africa’s programme management function and an independent evaluator review the evidence.
Use the stage tabs above to explore the complete nine-stage lifecycle.
Core controls
Evidence, acceptance and separation of responsibilities.
These safeguards are intended to keep decisions with participants, maintain a clear record and distinguish exchange coordination from custody and regulated financial services.
Contractual documentation is intended to be completed before delivery obligations proceed.
Joint inspection is intended to confirm goods’ specifications, quantity, quality and condition before movement.
Zamani Africa is not intended to take custody of participants’ goods.
Any residual monetary settlement is intended to use licensed financial infrastructure. Zamani Africa does not hold or settle monetary funds.