to transact. Who answers for it?
Right now, most rails would just… let this through, and find out later. A counterparty that runs on Entity.ID asks first. One call. Before value moves.
One query returns the full trust file: the venture behind the agent, its owner chain, its permissions, its compliance model — and a live status. This is KYC, at API speed, machine to machine.
"No record" means what "not secure" means in your browser. Not a judgment call — a policy: refuse the unverified. HTTPS won the web the day the unverified got flagged.
Now value can move.
Verified identity, disclosed owner chain, governance-set permissions, arbitration path in the formation terms. Transact.
No venture, no accountable party, no recourse. Refused by policy — the way browsers flag HTTP.
Banks run KYC. The agent economy runs Entity.ID. Register your agent at app.entity.id — checking one is just a call.