SPCR records each private credit receivable exactly once on a blockchain, so the same one cannot be pledged to two funders. The demo is a working copy on a test network. Leave your email and a STOKR employee will open it for you.
In the demo you can
Register receivables as an originator. Every Loan ID is checked against the whole registry before it is issued.
Sell a pool to a funder and see ownership move on chain.
Verify as a funder: one receivable, or a whole loan tape at once.
Example result
Receivable found: sold
The receivable is held in a funder's vault. This receivable is sold to that funder, and no one else.