  In order for VASPs to fulfill the regulatory requirements from the FATF and
the Travel Rule, VASPs need access to truthful information regarding
originators, beneficiaries and other VASPs involved in a virtual asset transfer
instance. Additionally, in seeking data regarding subjects (individuals or
organizations) VASPs are faced with privacy regulations such as the GDPR and
CCPA. In this paper we a propose privacy-preserving claims issuance model that
carries indicators of the provenance of the data and the algorithms used to
derive the claim or assertion. This allows VASPs to obtain originator and
beneficiary information without necessarily having access to the private data
about these entities. Secondly we propose the use of a consortium trust network
arrangement for VASPs to exchange signed claims about subjects and their
public-key information or certificate.
