Environmental, social, and governance credit management associated with unmined gold deposits
AssigneeNatGold Digital Ltd.
InventorAnthony Wade Wile
Life of this patent
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AssigneeNatGold Digital Ltd.
InventorAnthony Wade Wile
Estimating the term…
A system and method for managing environmental, social, and governance (ESG) credits associated with tokenized unmined gold deposits. The system receives proof of title and ownership rights to a verified gold deposit including environmental impact assessment documentation, along with resource verification documentation compliant with regulatory standards and environmental preservation commitments. A total quantity of distributable tokens and associated ESG credits is calculated based on the resource verification documentation and environmental preservation commitments. Each distributed ledger token incorporates a smart contract specifying a standardized unit value, token holder rights, and environmental preservation commitments. The issuance of tokens and ESG credits is recorded in a distributed ledger maintained across validating nodes, and tokens are transferred to an electronic wallet associated with the titleholder. A monitoring protocol enables adjustments to ESG credit status based on verified compliance levels with environmental preservation commitments.
A method comprising:
A system comprising:
A non-transitory computer-readable storage medium, the computer-readable storage medium including instructions that when executed by a computer, cause the computer to perform operations comprising:
Dependencies are inferred from the claim text.