Problem
Service utility must be connected to actual use and bounded obligations.
RALE / VERTICAL BRIEFING / 2026-10-13
PHX Trust Layer
Existing PHX token capability is separate from locally implemented service credits and protocol designs. Intended utility spans notarisation/evidence credits, premium service access, usage-linked discounts, service bonds and provider assurance. Deployment and independent review are required for new protocol contracts.
existing token / local utilityProduct
Notarisation/evidence credits, usage-linked discounts and proposed premium services/bonds/assurance.
Live state
Existing token capability; service credits and new protocol contracts implemented locally and not independently audited.
Customer evidence
No new protocol service-bond or validator assurance transaction claimed.
Data moat
Verified use and single-use payment receipts support accounting; token ownership supplies no private access.
AI role
Assist service workflows; payment verification and authority remain deterministic.
Commercial model
Usage-linked service utility. No speculative appreciation, yield or stablecoin-backing promise.
Expansion path
Deploy only after service, security, merchant and legal scope are independently reviewed.
Evidence & date
- PHX service-credit and protocol implementation
2026-10-13 · Local implementation; new contracts unaudited and undeployed