Last updated: October 26, 2026
This page explains how Platform monitoring works and how VKS differs. It is part of our Legal Terms and is meant to be read alongside them. It is not legal or financial advice.
Platform monitoring is software and blockchain-data infrastructure. We watch public blockchains on your behalf and tell you what happened on them. Specifically, the service:
- imports the addresses or extended public keys (xPub) that you provide;
- derives addresses from your extended public key;
- monitors those addresses on public blockchains;
- detects incoming transactions, partial payments, overpayments, and confirmations;
- sends you webhooks and events, and helps you reconcile what you see on-chain.
Platform monitoring is non-custodial. It does not take possession or control of your crypto-assets or your keys. For Platform monitoring:
- We do not hold, store, or have access to your private keys, seed phrases, or recovery material.
- We do not hold customer funds at any point.
- We do not initiate, sign, route, relay, or broadcast transactions for you.
- We do not move, sweep, pool, convert, or settle crypto-assets.
- We do not issue refunds or payouts, and we do not act as an intermediary in any transfer.
Receiving wallets are yours. The addresses you monitor with Platform are yours - addresses you provide, or derive from your own extended public key - and they stay under your control. When someone pays an invoice, they sign and broadcast that transaction from their own wallet, and the funds move directly to your wallet on the blockchain. Platform monitoring watches that transaction confirm on-chain. It does not carry it out.
Because Platform monitoring does not handle funds, you remain the operator of your own payment flow. That carries some responsibilities:
- You control the wallet. Keep your keys and extended public keys safe. We cannot recover funds, reverse a transaction, or regain access to a wallet for you.
- You handle refunds and payouts from your own wallet.
- You are responsible for your own compliance with the laws that apply to your business, including any registration, licensing, tax, AML, or consumer-protection obligations. Whether and how a regulator treats your activity depends on what you do, not only on the tools you use.
VKS has a separate account setup, signer approval and signing workflow. It receives transaction intent and decisions, retains signed results and can send a complete signed transaction to a node. Node acceptance is not blockchain confirmation. These capabilities are separate from the Platform monitoring and invoice description above. VKS.
Support for specific tokens and networks can change. Some stablecoins are restricted or unavailable in certain regions, and rules in the EU and elsewhere continue to develop. Vilna does not guarantee the fiat value, redemption, or availability of any token. Check that a token and network suit your jurisdiction before relying on it.
If anything here is unclear, write to us at support@vilna.io before you build on assumptions about how the service works.