AOPP: Address Ownership Proof Protocol

Address Ownership Proof Protocol (AOPP) is an automated solution for providing proof of ownership of a self-hosted wallet's address.

Unlike the traditional manual signing method, AOPP is completely automated, fast and user-friendly. Moreover, malware attacks are reduced as users do not need to copy and paste their addresses and address reuse is non-existent.

What Is the AOPP Portal?

The AOPP Portal streamlines wallet ownership verification for both VASPs and their customers. By using a link generated in the portal, wallet owners can instantly confirm ownership without disrupting their transaction experience. VASPs can enjoy the convenience of this automated solution—simply send a link to the customer, and the process takes care of itself, guaranteeing full compliance with the Travel Rule.

Why Do Wallet Owners Need to Prove Ownership?

Wallet owners and VASPs must use wallet-proof methods per the Travel Rule. Recommendation 16 (the Travel Rule) by the Financial Action Task Force (FATF) mandates that exchanges, like virtual asset service providers (VASPs) and virtual asset businesses operating in FATF member countries, must follow specific rules within their respective countries when conducting transactions involving self-hosted wallets, as part of their efforts to combat money laundering (AML).

According to the Travel Rule, even in cases where a digital asset transfer involves only one obligated entity on either end of the transaction, countries should ensure that this obligated entity adheres to the requirements of the Travel Rule regarding their customer.

AOPP: Address Ownership Proof Protocol

What Is the AOPP Portal?

Why Do Wallet Owners Need to Prove Ownership?

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