Regulatory compliance system for tokenized unmined gold deposits using a distributed ledger network

A system comprising:

• a memory to store instructions;
• and
• a processing device operatively coupled to the memory, the processing device to execute the instructions to perform operations comprising:
• receiving, via a graphical user interface (GUI), source of funds documentation associated with a prospective titleholder;
• executing one or more anti-money laundering (AML) risk assessment calculations based at least in part on the source of funds documentation associated with the prospective titleholder and one or more money laundering risk factors;
• implementing one or more transaction monitoring protocols for the prospective titleholder based on the one or more AML risk assessment calculations, wherein the one or more transaction monitoring protocols are configured to identify one or more triggering events;
• generating one or more suspicious activity reports associated with the prospective titleholder based on identification of a triggering event by the one or more transaction monitoring protocols;
• generating one or more controls associated with the prospective titleholder based on the triggering event;
• issuing one or more distributed ledger tokens associated with verified unmined gold deposits to the prospective titleholder, wherein each distributed ledger token incorporates one or more smart contracts that encode the one or more controls;
• maintaining, in a database, a record associated with the prospective titleholder, wherein the record comprises the one or more of the risk assessment calculations and the one or more suspicious activity reports associated with the prospective titleholder;
• and
• establishing one or more regulatory reporting channels configured to transmit at least a portion of the record to one or more regulatory authorities.

A method comprising:

• receiving, by a processing device via a user interface, identification documentation from a prospective titleholder;
• validating the identification documentation using one or more verification sources;
• executing one or more due diligence protocols associated with the prospective titleholder, the due diligence protocols comprising verification of one or more ownership structures associated with the prospective titleholder;
• generating a risk score associated with the prospective titleholder based on one or more risk factors;
• generating, based on the risk score, a know-your-customer (KYC) verification report associated with the prospective titleholder, wherein the verification report comprises one or more transaction parameters;
• issuing one or more distributed ledger tokens to the prospective titleholder, wherein each distributed ledger token incorporates a smart contract that encodes the KYC verification report;
• maintaining, in a database, a record comprising the KYC verification report;
• and
• recording the record associated with the prospective titleholder in a distributed ledger maintained across a network of nodes.