ETALONVAULT

Technology

Each ounce carries its record, and only verified holders can receive it

The record shows where the gold came from and who checked it. What each person can open depends on their role.

Access by role

Four kinds of user, four levels of access

Mine owners stay protected, buyers see enough to decide, and reviewers see the claims they were asked to test.

WhatPublicMine ownerVerified buyerReviewer
How the standard works and the glossaryYesYesYesYes
An asset's file: origin, rights, reviews, risksNoTheir own file onlyThe whole file for an asset they are consideringThe claims they were asked to test
The mine's name and locationNoTheir ownNo, country of origin onlyOnly when the review needs it
Sign a findingNoNoNoYes, with their name and the date
Hold and transfer ouncesNoNoYes, to other verified holdersNo

On-chain permissions

The ounce itself refuses an unverified wallet

Ounces are issued as permissioned tokens. The rules sit in the token, so no app or person can move an ounce to someone who hasn't been checked.

  1. 1

    The buyer is checked

    Identity and eligibility checks, run before the buyer can hold anything.

  2. 2

    The wallet gets an identity

    The buyer's wallet is linked to an on-chain identity that records those checks.

  3. 3

    Every transfer is tested

    The token reads the receiving wallet's identity and refuses the transfer if a check is missing.

  4. 4

    Files stay off the chain

    The chain records who holds each ounce. The asset's file stays private and opens by role.

The evidence file

Every asset's file has the same four parts

Because the parts never change, a buyer can compare one asset with another side by side.

Origin and miner

Who owns the mine, its permits and how much it has produced, with records that trace the gold.

What you own

What the contract gives you, what is still owed and when delivery happens.

Outside review

Lab tests, technical reports and legal checks, each with a date and the reviewer's name.

Risks and terms

What could go wrong, and what the contract says happens if it does.

Batch lookup

Trace a batch without learning where the mine is

Verified buyers and reviewers will be able to enter a batch number and see when the gold was mined, the country it came from and when it was reviewed. The mine's name, location and site photos stay private.1

Sample record. Not a real batch.
Batch number
SAMPLE-0001
When it was mined
Month and year
Country of origin
Country only. No site name or coordinates.
Lab test
Report title, date and who did it
Technical report
Report title, date and the qualified person
Delivery records
Refinery assay, vault receipt and bar list

How the record works

Five rules the record follows

The software enforces these rules, so nobody has to take them on trust.

A

Every entry has an author and a date

Nothing sits in the record without a name and a time.

B

Reviewers sign their own findings

A finding is recorded exactly as the reviewer wrote it.

C

Corrections are added, never overwritten

The history stays visible, so a change can be traced.

D

Access follows role

Each reader opens only the parts their role allows.

E

Facts can be confirmed without exposing the data

Where a fact must be confirmed without showing what lies behind it, privacy-preserving proofs do the job.

  1. Batch lookup is planned. The sample above shows the fields it will carry.