Central bank digital currency integration method with unmined deposit tokenization
AssigneeNatGold Digital Ltd.
InventorAnthony Wade Wile
Life of this patent
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AssigneeNatGold Digital Ltd.
InventorAnthony Wade Wile
Estimating the term…
Systems and methods for tokenizing verified gold deposits with central bank digital currency (CBDC) integration. Proof of title documentation associated with an unmined gold deposit is received. Resource verification documentation compliant with at least one regulatory standard corresponding to the unmined gold deposit is received. CBDC integration authorization is received from a central bank system. A quantity of distributable tokens is calculated based on the resource verification documentation and the CBDC authorization parameters. Each distributed ledger token represents a fraction of the unmined gold deposit with a standardized unit value. A multi-signature authorization is received. Smart contracts embedded in the tokens reference the deposit, define holder rights, and include CBDC bridge specifications. Token issuance is recorded in a distributed ledger maintained across a network of validating nodes a CBDC bridge protocol is applied that enables exchanges between the distributed ledger tokens and tokens associated with the central bank system.
A method comprising:
A system comprising:
A non-transitory computer-readable storage medium including instructions that when executed by a processing device, cause the processing device to perform operations comprising:
Dependencies are inferred from the claim text.