Decentralized Benefit Payout Management (DBPM) - A multistage process

Phase	What?	Criteria	Who?	Results
Pre-verification 1	Submitted documents	>Completeness >Digital modification >Legibility	Technical	Docs rejected, request new documents within specified time frame
Pre-verification 2	Technical red flags	Varies according to type of protected event	Technical	>No red flags, move to Stage One >Red flags, move to Stage Three
Stage One	Submitted documents	>Info matches KYC >Correct/official format used >Evidence protected event occurred	Verifiers (3 - max)	(Min evidentiary standard met*) >Conditional approval, move to Stage Two >Denied for fraud, move to fraud screening (No min evidentiary standard**) >Bad docs, request new docs >Inconclusive, Verifiers deadlocked, move to Stage Three
Stage Two	Real world sources (RWS)	>Info matches KYC >Evidence that protected event occurred >Event occurred is as described by documents	Verifiers (3 - max)	(Min evidentiary standard met) >Request Approved, payment initiated >Denied for fraud, move to fraud screening (No min evidentiary standard) >RWS not reachable, request alternate RWS >Inconclusive, Verifiers deadlocked, move to Stage Three
Stage Three	Submitted documents, real world sources and fraud screening	Comprehensive report prepared analyzing all sources of information	3rd party consultants + Verifiers (5)	Report is voted on by new Verifiers
Fraud Screening	Submitted documents or RWS that were rejected by Verifiers	Does the evidence indicate intention to defraud?	Verifiers (5)	Simple majority vote of new Verifiers