The Bridge is made up of two main elements - the API and the Core.
The API is a Web2 stack with a HTTPS API to allow integrations to registries, as well as a secure, non-internet facing compute layer for processing sensitive operations.
The Bridge Core references the smart contracts that make up the on-chain logic and data.
## Custody Model
Thallo uses a custody model to ensure that each and every tokenized credit is backed by exactly one credit of the same project/vintage. We do not employ any over or under collateralization - it is 1:1. This ensures the tokenized credits have the same attributes and market value as their analogue counterparts, whilst still enjoying all the benefits of being fully traceable, transparent and immutable on the blockchain.
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