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Record Verification

Record and associate Bitrank wallet verification results with a specific transaction for compliance tracking and audit purposes.

Endpoint

POST https://api.trpcontinuum.com/trp/transactions/{id}/bitrank-verify

Authentication

Requires API key and secret key authentication.

Headers

HeaderTypeRequiredDescription
x-api-keystringYesYour API key for authentication
x-secret-keystringYesYour secret key for authentication

Path Parameters

ParameterTypeRequiredDescription
idstringYesTransaction ID

Request Body

FieldTypeRequiredDescription
originatorWalletVerificationobjectNoBitrank verification for originator wallet
beneficiaryWalletVerificationobjectNoBitrank verification for beneficiary wallet
verificationTimestampstringYesWhen verification was performed (ISO 8601)
verifiedBystringYesID of the user/system who performed verification
complianceDecisionstringYes"approved", "rejected", "requires_review"
decisionReasonstringNoReason for the compliance decision
riskMitigationMeasuresarrayNoList of risk mitigation measures applied
reviewNotesstringNoAdditional notes from the compliance review

Wallet Verification Object

FieldTypeRequiredDescription
walletAddressstringYesWallet address that was verified
networkstringYesNetwork/blockchain identifier
bitrankScorenumberYesBitrank risk score (0-100)
riskLevelstringYesRisk level assessment
categoriesarrayYesIdentified wallet categories
riskFactorsarrayNoIdentified risk factors
complianceFlagsarrayNoCompliance-related flags
verificationIdstringNoBitrank verification reference ID

Example Request

Complete Verification Recording

{
"originatorWalletVerification": {
"walletAddress": "0x8ba1f109551bd432803012645Hac136c22AfB15B",
"network": "ethereum",
"bitrankScore": 88,
"riskLevel": "low",
"categories": [
{
"category": "exchange",
"confidence": 95,
"details": {
"exchangeName": "Coinbase",
"isRegulated": true
}
}
],
"riskFactors": [],
"complianceFlags": [
"aml_compliant_exchange"
],
"verificationId": "BR-VER-20240808-001"
},
"beneficiaryWalletVerification": {
"walletAddress": "0x742d35Cc6554C40621f3e3ea5c6d1F3B8DbD1234",
"network": "ethereum",
"bitrankScore": 45,
"riskLevel": "medium",
"categories": [
{
"category": "mixer",
"confidence": 65
},
{
"category": "defi",
"confidence": 40
}
],
"riskFactors": [
{
"factor": "mixing_service_usage",
"severity": "medium"
},
{
"factor": "irregular_transaction_patterns",
"severity": "low"
}
],
"complianceFlags": [
"requires_enhanced_monitoring"
],
"verificationId": "BR-VER-20240808-002"
},
"verificationTimestamp": "2024-08-08T10:35:00Z",
"verifiedBy": "compliance_officer_001",
"complianceDecision": "approved",
"decisionReason": "Originator wallet is from regulated exchange. Beneficiary wallet has medium risk but within acceptable thresholds for this transaction amount and customer profile.",
"riskMitigationMeasures": [
"enhanced_transaction_monitoring",
"periodic_re_verification",
"senior_approval_obtained"
],
"reviewNotes": "Transaction approved with enhanced monitoring. Beneficiary wallet will be re-verified monthly due to mixing service usage patterns."
}

Rejection Recording

{
"beneficiaryWalletVerification": {
"walletAddress": "0x742d35Cc6554C40621f3e3ea5c6d1F3B8DbD1234",
"network": "ethereum",
"bitrankScore": 15,
"riskLevel": "very_high",
"categories": [
{
"category": "ransomware",
"confidence": 92
},
{
"category": "sanctions",
"confidence": 88
}
],
"riskFactors": [
{
"factor": "ransomware_connections",
"severity": "very_high"
},
{
"factor": "sanctions_list_match",
"severity": "very_high"
}
],
"complianceFlags": [
"sanctions_hit",
"law_enforcement_alert",
"high_risk_entity"
],
"verificationId": "BR-VER-20240808-003"
},
"verificationTimestamp": "2024-08-08T10:40:00Z",
"verifiedBy": "senior_compliance_officer_001",
"complianceDecision": "rejected",
"decisionReason": "Beneficiary wallet associated with ransomware activities and appears on sanctions lists. Transaction cannot proceed due to regulatory restrictions.",
"reviewNotes": "Transaction rejected immediately. Incident reported to relevant authorities as required by regulations."
}

Response

Success (200 OK)

{
"success": true,
"data": {
"transaction": {
"id": "txn_abc123def456ghi789",
"status": "bitrank_verified",
"bitrankVerification": {
"recordedAt": "2024-08-08T10:35:00Z",
"recordedBy": "compliance_officer_001",
"verificationReference": "BRV-2024080810351",
"complianceDecision": "approved",
"decisionReason": "Originator wallet is from regulated exchange. Beneficiary wallet has medium risk but within acceptable thresholds for this transaction amount and customer profile.",
"originatorWallet": {
"address": "0x8ba1f109551bd432803012645Hac136c22AfB15B",
"network": "ethereum",
"bitrankScore": 88,
"riskLevel": "low",
"overallAssessment": "acceptable",
"primaryCategory": "exchange",
"complianceStatus": "compliant"
},
"beneficiaryWallet": {
"address": "0x742d35Cc6554C40621f3e3ea5c6d1F3B8DbD1234",
"network": "ethereum",
"bitrankScore": 45,
"riskLevel": "medium",
"overallAssessment": "acceptable_with_monitoring",
"primaryCategory": "mixer",
"complianceStatus": "requires_monitoring"
},
"overallRiskAssessment": {
"combinedRiskScore": 66.5,
"combinedRiskLevel": "medium",
"recommendedActions": [
"enhanced_transaction_monitoring",
"periodic_re_verification"
],
"complianceRequirements": [
"monthly_re_verification",
"enhanced_record_keeping"
]
},
"riskMitigationMeasures": [
"enhanced_transaction_monitoring",
"periodic_re_verification",
"senior_approval_obtained"
]
},
"complianceStatus": {
"bitrankVerified": true,
"bitrankCompliant": true,
"overallCompliance": "compliant_with_monitoring"
},
"updatedAt": "2024-08-08T10:35:00Z"
},
"statusHistory": [
{
"status": "pending_beneficiary_approval",
"timestamp": "2024-08-08T10:00:00Z",
"actor": "system",
"notes": "Awaiting beneficiary VASP approval"
},
{
"status": "bitrank_verified",
"timestamp": "2024-08-08T10:35:00Z",
"actor": "vasp_123456",
"actorName": "SecureBank Digital Assets",
"notes": "Bitrank wallet verification completed and recorded"
}
],
"nextSteps": [
{
"action": "transaction_approval",
"description": "Proceed with transaction approval process",
"actor": "beneficiary_vasp",
"estimated_duration": "30 minutes"
}
]
},
"message": "Bitrank verification results recorded successfully"
}

Success - Rejected Transaction (200 OK)

{
"success": true,
"data": {
"transaction": {
"id": "txn_abc123def456ghi789",
"status": "rejected",
"bitrankVerification": {
"recordedAt": "2024-08-08T10:40:00Z",
"recordedBy": "senior_compliance_officer_001",
"verificationReference": "BRV-2024080810401",
"complianceDecision": "rejected",
"decisionReason": "Beneficiary wallet associated with ransomware activities and appears on sanctions lists. Transaction cannot proceed due to regulatory restrictions.",
"beneficiaryWallet": {
"address": "0x742d35Cc6554C40621f3e3ea5c6d1F3B8DbD1234",
"network": "ethereum",
"bitrankScore": 15,
"riskLevel": "very_high",
"overallAssessment": "unacceptable",
"primaryCategory": "ransomware",
"complianceStatus": "non_compliant"
},
"overallRiskAssessment": {
"combinedRiskScore": 15,
"combinedRiskLevel": "very_high",
"recommendedActions": [
"reject_transaction",
"report_to_authorities"
]
}
},
"rejectionDetails": {
"rejectedAt": "2024-08-08T10:40:00Z",
"rejectedBy": "vasp_123456",
"rejectionReason": "bitrank_high_risk",
"complianceReport": "filed"
}
}
},
"message": "Bitrank verification recorded - transaction rejected due to high risk"
}

Error (400 Bad Request)

{
"success": false,
"error": "Invalid verification data",
"code": "VALIDATION_ERROR",
"details": {
"verificationTimestamp": "Timestamp cannot be in the future",
"complianceDecision": "Must be one of: approved, rejected, requires_review",
"originatorWalletVerification.bitrankScore": "Score must be between 0 and 100"
}
}

Error (404 Not Found)

{
"success": false,
"error": "Transaction not found",
"code": "TRANSACTION_NOT_FOUND"
}

Error (409 Conflict)

{
"success": false,
"error": "Bitrank verification already recorded for this transaction",
"code": "VERIFICATION_ALREADY_RECORDED",
"details": {
"recordedAt": "2024-08-08T10:30:00Z",
"recordedBy": "compliance_officer_001",
"verificationReference": "BRV-2024080810301"
}
}

Compliance Decisions

DecisionDescriptionNext Steps
approvedVerification passed, transaction can proceedContinue with transaction processing
rejectedVerification failed, transaction blockedTransaction rejected, report if required
requires_reviewManual review neededEscalate to senior compliance officer

Risk Mitigation Measures

Common mitigation measures:

MeasureDescriptionWhen Applied
enhanced_transaction_monitoringIncreased monitoring frequencyMedium+ risk
periodic_re_verificationRegular re-verification scheduleMedium+ risk
senior_approval_obtainedSenior management approvalHigh risk
enhanced_record_keepingAdditional documentationAll high-risk cases
law_enforcement_notificationAuthorities notifiedVery high risk
transaction_amount_limitsOngoing amount restrictionsMedium risk
customer_educationCustomer risk awarenessMedium risk

Status Transitions

Recording verification results can trigger status changes:

From StatusTo StatusCondition
pending_beneficiary_approvalbitrank_verifiedVerification recorded
kyc_requiredbitrank_verifiedVerification recorded
bitrank_verifiedapprovedLow risk, auto-approved
bitrank_verifiedrejectedHigh risk, auto-rejected
bitrank_verifiedrequires_manual_reviewMedium-high risk

Usage Examples

Record Approved Verification

curl -X POST "{{baseUrl}}/trp/transactions/txn_abc123def456ghi789/bitrank-verify" \
-H "x-api-key: {your-api-key}" \
-H "x-secret-key: {your-secret-key}" \
-H "Content-Type: application/json" \
-d '{
"originatorWalletVerification": {
"walletAddress": "0x8ba1f109551bd432803012645Hac136c22AfB15B",
"network": "ethereum",
"bitrankScore": 88,
"riskLevel": "low",
"categories": [{"category": "exchange", "confidence": 95}],
"riskFactors": []
},
"verificationTimestamp": "2024-08-08T10:35:00Z",
"verifiedBy": "compliance_officer_001",
"complianceDecision": "approved",
"decisionReason": "Low risk originator from regulated exchange"
}'

Record Rejected Verification

curl -X POST "{{baseUrl}}/trp/transactions/txn_abc123def456ghi789/bitrank-verify" \
-H "x-api-key: {your-api-key}" \
-H "x-secret-key: {your-secret-key}" \
-H "Content-Type: application/json" \
-d '{
"beneficiaryWalletVerification": {
"walletAddress": "0x742d35Cc6554C40621f3e3ea5c6d1F3B8DbD1234",
"network": "ethereum",
"bitrankScore": 15,
"riskLevel": "very_high",
"categories": [{"category": "ransomware", "confidence": 92}],
"riskFactors": [{"factor": "ransomware_connections", "severity": "very_high"}],
"complianceFlags": ["sanctions_hit"]
},
"verificationTimestamp": "2024-08-08T10:40:00Z",
"verifiedBy": "senior_compliance_officer_001",
"complianceDecision": "rejected",
"decisionReason": "Beneficiary wallet associated with ransomware activities"
}'

Record Verification Requiring Review

curl -X POST "{{baseUrl}}/trp/transactions/txn_abc123def456ghi789/bitrank-verify" \
-H "x-api-key: {your-api-key}" \
-H "x-secret-key: {your-secret-key}" \
-H "Content-Type: application/json" \
-d '{
"beneficiaryWalletVerification": {
"walletAddress": "0x742d35Cc6554C40621f3e3ea5c6d1F3B8DbD1234",
"network": "ethereum",
"bitrankScore": 55,
"riskLevel": "medium",
"categories": [{"category": "gambling", "confidence": 78}],
"riskFactors": [{"factor": "gambling_platform_activity", "severity": "medium"}]
},
"verificationTimestamp": "2024-08-08T10:45:00Z",
"verifiedBy": "compliance_officer_001",
"complianceDecision": "requires_review",
"decisionReason": "Medium risk requires senior review due to gambling activity",
"reviewNotes": "Customer has legitimate business purpose but wallet shows gambling activity"
}'

Audit and Compliance

Record Keeping Requirements

  • All verification results must be recorded
  • Decision rationale must be documented
  • Risk mitigation measures must be tracked
  • Regular audit trail maintenance

Regulatory Reporting

  • High-risk transactions may trigger reporting requirements
  • Sanctions hits must be reported to authorities
  • Suspicious activity reports may be required
  • Cross-border reporting obligations

Best Practices

  1. Timely Recording: Record verification results immediately after verification
  2. Complete Documentation: Include all relevant risk factors and mitigation measures
  3. Decision Consistency: Apply consistent standards across all verifications
  4. Senior Review: Escalate high-risk cases to senior compliance officers
  5. Regular Updates: Re-verify high-risk wallets periodically
  6. Audit Preparation: Maintain detailed records for regulatory audits

Integration Points

This endpoint integrates with:

  • Transaction workflow automation
  • Compliance monitoring systems
  • Risk assessment engines
  • Reporting dashboards
  • Audit trail systems

Webhook Events

This action triggers the following webhook events:

  • transaction.bitrank_verified
  • transaction.status_changed
  • compliance.high_risk_detected (if applicable)
  • compliance.verification_recorded