Supervisor view — read-only ledger participant
The regulator does not receive a report. It sits on the record.
Six Indian regulators operating across GIFT City, Gujarat, read the same append-only ledger the treasury writes to — while the transaction is still forming, not months after it settled. Enter a dataset below and watch that record being written, line by line.
6
Regulator nodes attached to this record
03:39
Wall-clock from treasury submit to block anchor
Automatic
Route elected by the dataset you entered
1/44
Ledger lines written so far
Forecast first — Supervisor ledger
Singapore · SGD · ₹475 cr · ODI · tape reconnecting
Clearance
This packet will sit for about 21.9 minutes — evidence, not the corridor, is the delay.
Recommended action
Close the 3 open evidence items before release.
Each missing document converts an engine-cleared check into an officer-signed one, which is the only step measured in hours.
Clearance falls to roughly 11.8 minutes.
Also forecast on this desk
A 21.6% chance of a regulator query — and a query resets the clock, not the step.
watchp50 21.6 % · p90 30.3 % — Run the pre-flight evidence tracker and attach the valuation certificate and UBO chart before release.
01 — Dataset inputs the record is built from
In plain wordsThree numbers and a destination are all the treasury types. Everything the regulator later reads is derived from them — nobody re-keys anything.
What the dataset produces
Rule 7 ceiling (400%)
₹ 3,368.00 cr
Utilisation after deal
78.2%
Headroom
₹ 733.00 cr
Route
Automatic
Section 195 withheld
₹ 0
Total debited in India
₹ 4,75,01,47,500
Credited in Singapore
SGD 74,766,876.22
Sequential equivalent
9 min manual
02 — The record being created, live
FIU-IND
waitingFinancial Intelligence Unit — India
Cross-border reporting cell · Deputy Director S. Raghavan
attach 00:46 · 61s · automated · 4 parallel checks
DPIIT
waitingDept. for Promotion of Industry and Internal Trade
Sectoral conditions desk · Under Secretary M. Kulkarni
attach 00:49 · 78s · automated · 4 parallel checks
CBDT
waitingCentral Board of Direct Taxes
Ward 2(1) — international taxation · ITO (Intl. Taxation) R. Banerjee
attach 00:53 · 96s · manual · 4 parallel checks
IFSCA
waitingInternational Financial Services Centres Authority
GIFT IFSC conduct supervision · AGM P. Trivedi
attach 00:57 · 112s · manual · 4 parallel checks
MoF
waitingMinistry of Finance — Dept. of Economic Affairs
Capital flows policy · Director (ECB & ODI) A. Sharma
attach 01:01 · 121s · manual · 4 parallel checks
RBI
waitingReserve Bank of India — Overseas Investment Division
FED, Central Office · General Manager K. Iyer
attach 01:06 · 147s · manual · 4 parallel checks
Packet CV-ODI-2026-004417-SGD sealed and signed — Bharat Industrials Limited
The finance team submits the file once, signed with its own key.
Treasury writeHuman deskSingapore · Equity subscription in a wholly owned overseas subsidiaryprev 0000000000000000 → cb46ae672ea8448a
Entries are append-only. Each line carries the digest of the line before it, so nothing above can be edited or removed after anchoring.
03 — Prove the record has not been touched
Every regulator can re-walk the chain from the first line. If a single character of a single entry changes, every digest after it stops matching — and the supervisor sees exactly which line broke.
Chain verification
CHAIN INTACT
44 entries re-hashed from genesis; every digest matches.
Who sees what, and when
IFSCA
International Financial Services Centres Authority
- Sees
- Unit-level transaction record inside GIFT IFSC
- When
- At origination, live
- Receives
- Rail membership + full ledger read
RBI
Reserve Bank of India
- Sees
- Rule 7 headroom, ODI/OPI route, LRN lifecycle
- When
- Pre-remittance, live
- Receives
- Zero-knowledge headroom proof
SEBI
Securities and Exchange Board of India
- Sees
- Listed-entity disclosure and related-party overlap
- When
- On event trigger
- Receives
- Signed disclosure hash
MCA
Ministry of Corporate Affairs
- Sees
- Beneficial ownership and step-down subsidiary chain
- When
- On structure change
- Receives
- UBO chain attestation
CBDT
Central Board of Direct Taxes
- Sees
- Section 195 position, 15CA-15CB pairing
- When
- At filing
- Receives
- Machine-checkable 15CB lineage
AD Bank
Authorised Dealer Category-I
- Sees
- Full documentary set and FIRC reconciliation
- When
- At execution
- Receives
- Complete evidence bundle
Verify a ceiling proof
Proof artefact
Headroom proof — no balance sheet shown
The regulator needs one fact: this remittance stays inside the Rule 7 ceiling. It does not need the company's net worth, its cash position, or its pipeline. A zero-knowledge proof settles the fact and discloses nothing else.
scheme groth16 (bn254) statement utilised + proposed <= 4 x net_worth public ceiling_commitment, epoch, entity_id private net_worth, utilised, proposed proof 0x8f31a4...c02e (192 bytes) anchor block 4,821,306
- 01Loading Groth16 verification key
- 02Reading public inputs — ceiling, commitment hash, epoch
- 03Checking pairing equation
- 04Anchoring result to evidence ledger
Result
Awaiting verification
Continue on the rail
Supervisor view — 3D process simulation
Six desks, one append-only ledger, read live rather than months after settlement.
Live USD/INR
₹86.9565 ▬
Tape status
Syncing
Print sequence
#0
Paper today → rail
24 days → 9 min
Who acts
Treasury write
What happens at this stage
A new block is appended as the treasury acts.
Elapsed 8s of 119s on the rail · stage cost 8s
Qwen · reasoning
Statutory reasoning model reads the rule and the filing together, and writes the conclusion with the rule quoted.
LangChain · orchestration
Chains the retrieval, tool calls and checks in a fixed order so every filing is examined the same way.
Alibaba Cloud · compute
Runs the heavy document and screening workloads in an India-resident region.
Federated ledger
Each result is hash-chained into a block every regulator node holds a copy of.
Human desk
A named officer signs this off. The machine only prepares the file.