Opening and Closing an Account
Last updated
Last updated
In order to open an account on the OCP or use the OCP Registry or any of the tools provided through the Platform, the Terms of Service must be accepted.
There are two onboarding routes onto the OCP Platform - one with Know-Your-Business for users that will have permission to own credits (including issue, transfer, retire) and one without KYB for other users (such as experts).
For KYB we use Middesk, a leading B2B Business Identiy Partner. [See also KYB & Anti-Money Laundering for more details]
Known accounts allows users to:
propose a new project
provide data for projects
hold, transfer and retire credits
Accounts must represent a business or an organization, not an individual, and must not act on behalf of, or as an agent of any other third party organization.
Validator Accounts
Validator acocunts must meet all of the criteria described above for Known accounts.
They must also complete the Validator Application Form and have it approved by OCP Admin. Part of the application has the user provide accurate and truthful information on their sector expertise and accreditations. If this changes, it must be disclosed to the OCP in writing.
They must also agree to OCP Conflict of Interest policy and sign the OCP COI attestation.
OCP reserves the right to refuse to open a new account, or suspend access to an existing account, for any reason at any time.
Users may close their User Account at any time by providing 30 Business Days written notice to the OCP, either via the OCP Platform or via email or mail. During that time, Users should make reasonable efforts to transfer, retire or cancel all credits in their Inventory. Once the account is closed, ownership of all remaining credits is transferred to oneshot.earth.
