Architecture
Four layers. One settlement event.
Specific bars.
Allocated custody.
Real ownership.
01
Physical
Allocated bullion. Specific bars, identified and segregated in custody. The physical asset exists independently of any record.
02
Ownership
The holder owns the metal. Not a claim, not a balance. Legal title and beneficial interest are defined by the applicable ownership and custody arrangements.
03
Transfer
Units of accounting correspond to 0.1 oz of allocated gold. Transfers move beneficial ownership between allocated accounts at the LBMA price. Finality occurs when the transfer is registered.
04
Settlement
Settlement occurs inside the system. No banks, no acquirers, no card networks, no SWIFT or SEPA. The metal does not leave custody. Ownership changes.
Most systems collapse representation, ownership and technology into one object. GoldTech keeps them separate. A record is evidence of a right only when the surrounding legal and operational architecture makes it so.
Physical | → | Ownership | → | Transfer | → | Settlement |
|---|---|---|---|---|---|---|
| Specific bars | Legal title | 0.1 oz units | Final on registration | |||
| Identified | Beneficial interest | LBMA price | No external rails | |||
| Segregated | Not a claim | Between accounts | Inside the system |
Physical asset. Ownership. Transfer. Settlement. Each layer answers one question.
Risk
Settlement remains executable as market conditions change. Risk architecture defines coverage, collateral and conditions under which transfers proceed.
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