Getting Started With TRISA Envoy
Last updated: November 8, 2024
Welcome to TRISA Envoy
Envoy is TRISA’s open source, encrypted, and P2P messaging solution for travel rule compliance. Designed to protect PII and comply with local regulations, Envoy helps compliance teams securely exchange originator and beneficiary information (in IVMS101 standard) for cross-border digital asset exchanges using the TRISA and TRP protocols. Envoy is secure, accessible, and flexible.
Envoy is your encrypted messaging “inbox” for exchanging travel rule information. With its robust and easy-to-use API, it enables seamless compliance at scale, ensuring privacy and security in every transaction.
Market Update: EBA Travel Rule Guidelines CASPs, VASPs, and PSPs are required to comply with the EU travel rule by December 30, 2024. The transitional period for addressing technical limitations in crypto-asset transfer systems in July 31, 2025. Market participants are required to collect originator and beneficiary information for transactions greater than €1,000 or its equivalent in virtual assets. Learn more >>
Step 1 – Determine Envoy Implementation. VASPs have three implementation options:
| Option >> | 1. Open Source/ DIY | 2. One-time Implementation | 3. Managed Service |
|---|---|---|---|
| Description | Envoy is open source (MIT License). Download, Helm install, integrate, host and support your own Envoy node and service. | Rotational will install and configure your node for your environment while you host, maintain, and support the node on an ongoing basis. | Rotational will install, configure, host, maintain, and support your node. Includes dedicated, provenance-aware node with regional deployments. |
| Best for | Operators that want maximum flexibility and control to customize and have the technical resources to integrate with their systems | Operators seeking a balance between cost & convenience, with professional implementation ensuring a robust setup without the ongoing costs of managed services. | Compliance teams seeking a turnkey solution with minimal effort while leveraging expert support & maintenance for sustained regulatory adherence. |
| Time to Implement | 2-3 months | 2-4 weeks | 5-7 days |
| Cost | USD $0.00 | USD $2,500 (one-time) | USD $375.00/ month/ node (6-month min commitment) |
| How to Start | Download Docker Image (see below) | Contact [email protected] | Contact [email protected] |
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Step 2 – Join TRISA’s Global Directory Service (GDS). The GDS is a network of trusted VASPs and members. Any market participant with a legitimate business purpose can join TRISA. Most operators start by registering for Testnet x.509 identity certificates at no cost. It takes 2-5 business days to complete the validation process. Once verified and ready to move to production, operators can submit to join TRISA’s Mainnet, also at no cost.
- Visit vaspdirectory.net and create an account
- Invite your team as collaborators (optional)
- Start/ complete the TRISA GDS registration form – Note: If you opt for the managed service, Rotational will provide your endpoints.
Depending on the implementation option and GDS registration, Envoy can take as little as 3-7 business days to implement with the managed service or 2-3 months with the open source implementation.
Additional Resources to Learn About Envoy
- Read the Envoy announcement
- View/ download the Envoy product deck
- Read the Envoy FAQ for compliance teams
- Schedule a 20-min Envoy demo
| How to Navigate the Envoy UI | How to Navigate the Envoy API | How to Register with TRISA’s GDS |