Five layers, from party identity to programmable settlement.
Volum is not a monolith. Every capability lives in one of five clearly delimited layers, each with its own trust boundary, storage discipline, and standards conformance.
Protected under US 11,522,690 B2.
The underlying architecture is protected by US Patent 11,522,690 B2, granted 6 December 2022. The patent is held by Bengala Technologies LLC and licensed exclusively to Volum.
What the patent covers.
Blockchain database maintained by network nodes. Tokens held in that database. Smart contracts that transfer tokens on deal completion. ERC-20 and ERC-721 formats. Hybrid public and consortium chain architecture. Data spanning payments, rewards, purchase orders, compliance, taxation, shipment management, Letters of Origin, customs documents, inventory, parcel tracking, IoT, analytics, and end-product traceability.
Two standards do the interop work.
Event model of record.
Custody, aggregation, transformation, observation. EPCIS 2.0 is the standard event model the retail, healthcare, and food-service industries already use.
Credential model of record.
Verifiable Credentials 2.0 became a W3C Recommendation in May 2025. It is the tamper-evident issuer, holder, verifier model a certificate actually needs.