Secure environment register system and method of operation

A physically secure environment system comprising:

• a physically secure environment configured to receive precious metal thereto, to retain precious metal therein, and release precious metal therefrom;
• and
• a registration system configured to record and maintain records comprising
• unique precious metal identification information,
• physically secure location information of precious metal,
• lot identification information of precious metal, and
• one of certification information or de-processing information of precious metal;
• wherein the physically secure environment system being configured to receive precious metal thereto by
• processing, within the physically secure environment, the received precious metal into one of a plurality of predetermined mass values and one of a plurality of predetermined purity values to thereby constitute a unit of certified standard uniform characteristic (SUC) precious metal;
• wherein the physically secure environment system being further configured to retain precious metal therein by
• allocating a portion of a total quantity of certified SUC precious metal units in a first location within the physically secure environment to be associated with a first lot and creating a first private registry with corresponding records associated with the allocated portion of certified SUC precious metal units in the first location,
• authorizing at least one administrative privilege for the allocated SUC precious metal units of the first lot for a trusted partner outside of the physically secure environment;
• and
• wherein the physically secure environment system being further configured to release precious metal therefrom.

A physically secure environment system comprising:

• a physically secure environment configured to receive precious metal thereto, to retain precious metal therein, and release precious metal therefrom;
• and
• a registration system configured to record and maintain records containing precious metal identification, location, lot and certification information;
• wherein the physically secure environment system being configured to receive precious metal thereto by
• processing, within the physically secure environment, the received precious metal into one of a plurality of predetermined mass values and one of a plurality of predetermined purity values to thereby constitute a unit of certified standard uniform characteristic (SUC) precious metal;
• wherein the physically secure environment system being further configured to retain precious metal therein by
• allocating a portion of a total quantity of certified SUC precious metal units in a first location within the physically secure environment to be associated with a first lot and creating a first private registry with corresponding records associated with the allocated portion of certified SUC precious metal units in the first location, and
• authorizing at least one administrative privilege for the allocated SUC precious metal units of the first lot for a trusted partner outside of the physically secure environment;
• and
• wherein the physically secure environment system being further configured to release precious metal therefrom.

A method of allocating a portion of a total quantity of certified SUC precious metal units held within a physically secure environment system, the method comprising:

• providing a physically secure environment configured to receive precious metal thereto, to retain precious metal therein, and release precious metal therefrom;
• providing a registration system configured to record and maintain records containing precious metal identification, location, lot and certification information;
• processing, within the physically secure environment, the received precious metal into one of a plurality of predetermined mass values and one of a plurality of predetermined purity values to thereby constitute a unit of certified standard uniform characteristic (SUC) precious metal;
• allocating, by the physically secure environment system, at least a portion of a total quantity of certified SUC precious metal units in a first location within the physically secure environment to be associated with a first lot, and creating a private registry with corresponding records associated with the allocated portion of certified SUC precious metal units in the first location;
• authorizing at least one administrative privilege for the allocated SUC precious metal units of the first lot for a trusted partner outside of the physically secure environment;
• and
• providing, to the trusted partner, access to the private registry to manage the allocated SUC precious metal units of the first lot.