The Address entity within "The HIVE" platform represents a specific location or point of contact, typically denoting where an individual or business resides or operates. It serves as both a point of communication and a tool for verification, playing a vital role in ensuring accurate identification and secure operations.

In the financial realm, the Know Your Customer (KYC) process is crucial, aimed at verifying the identity of an individual or business entity. Within this process, Addresses, particularly the primary one, play a pivotal role. Address validation is mandatory in most KYC configurations, ensuring the platform operates within regulatory guidelines and verifies the legitimacy of the account holder.

Every Account in "The HIVE" platform – be it a Consumer, Business, or Cardholder account – is associated with at least one Address. This ensures there's a verified point of contact for diverse purposes, such as mailing checks or notifications.

While each account has various Addresses associated with it, one of these is always designated as the 'Primary'. Beyond the primary Address, accounts can have multiple additional Addresses. This allows for flexibility to accommodate various needs – for instance, an individual may want to list both residential and work Addresses. These supplementary Addresses provide versatility, ensuring users can have different locations registered based on their preferences or requirements.