A Transfer Is a Workflow, Not a Button
For a controlled real-world asset structure, a transfer involves eligibility, evidence, approval, and a formal register update—not instant matching.

In brief
For a controlled real-world asset structure, a transfer involves eligibility, evidence, approval, and a formal register update—not instant matching.
A transfer in a maintained real-world asset register is a controlled change to the formal record of ownership.
The workflow begins with a request and ends only when the relevant checks have been completed, the evidence is attached, the approval is recorded, and the register is updated.
Every stage has a purpose
Submission captures the parties and requested change. Review confirms that the request is complete. Eligibility checks establish whether the receiving party may participate in the structure. Approval creates accountability for the decision.
OpenReal keeps these stages visible instead of compressing them into a single status label.
The register is the final state
A successful payment or signed document does not by itself alter ownership. The formal register update is the event that completes the workflow.
OpenReal does not operate an exchange, order book, or matching engine. It provides the controlled rails around a documented ownership change.

