Staff Insights

The NatGold Bilateral Bridge is a pivotal technological infrastructure within the NatGold ecosystem, designed by OroEx Corp. to connect the private ledger of the NatGold Digital Vault with the NatGold NatGold Multichain where NatGold coins are actively stored, distributed, and traded globally. This bridge plays a critical role by facilitating the seamless and secure transfer of NatGold coins from their post-tokenization crediting in the Digital Vault to their respective public blockchain addresses.

Essential to both operational oversight and regulatory compliance, the NatGold Bilateral Bridge utilizes advanced technologies such as smart contracts, APIs, and cryptographic security measures. These tools ensure that the transfers and tracking of NatGold coins are conducted securely and efficiently, thereby preserving the integrity and trustworthiness of the digital asset management system. This infrastructure not only supports the smooth functioning of the NatGold ecosystem but also enhances its capacity for strategic decision-making and regulatory adherence.

FAQs

What is the NatGold Public Accountability Vault?2024-04-21T19:45:42+00:00

The NatGold Public Accountability Vault, operated by OroEx Corp., is an innovative transparency initiative within the NatGold ecosystem. Designed as a fully visible and inspectable online resource, this public vault houses all key due diligence documents supporting the NatGold tokenization process. It serves as a cornerstone for accountability and public trust in the NatGold coin system. The vault includes digital copies of critical documents such as the mining title registered in the name of the NatGold Integrity Trust, NI 43-101 Technical Reports, and other important due diligence materials. These documents are made publicly available to ensure that any interested parties can inspect and verify the accuracy and authenticity of the information provided during the tokenization process.

Key features of the Public Vault include real-time data on the total number of NatGold coins minted, distribution statistics, and the verification that all minted coins are 100% backed by NI 43-101 certified gold resources. Utilizing the NatGold Bilateral Bridge between the NatGold Digital Vault and the NatGold Multichain, the vault updates an ecosystem audit every 24 hours. This audit verifies that the total amounts of NatGold coins in circulation on the NatGold MultiChain are equivalent to the amount historically distributed from the NatGold Digital Vault, enhancing security and trust in the system.

The primary goal of the NatGold Public Accountability Vault is to foster unparalleled transparency and trust across all aspects of the tokenization and distribution processes. By providing open access to critical documentation and real-time data, the system ensures that stakeholders can continually verify the integrity and backing of the NatGold coins. This open vault allows for ongoing public oversight, inviting users, investors, and regulators to engage directly with the operational and financial details of the NatGold ecosystem. It empowers them to conduct independent verifications, promoting an inclusive and transparent digital asset environment.

With respect to NatGold, why is tokenization often referred to as “digital gold mining”?2024-04-20T23:36:49+00:00

Tokenization, in the context of NatGold, is aptly termed “digital gold mining” because it transforms the concept of mining by moving the process from the physical world to the digital sphere. This innovative approach represents certified gold resources as digital tokens, known as NatGold coins, on a blockchain. Unlike traditional gold, these digital tokens can be traded, sold, or held as investments, mirroring the functionality of physical gold but eliminating the environmental degradation associated with gold mining.

By enabling the virtual exchange and holding of gold resources, this method pioneers a sustainable, efficient, and ESG-friendly avenue for harnessing the monetary benefits of gold. It sidesteps the need for physical extraction, offering a contemporary solution that aligns with global sustainability goals. The term “digital gold mining” thus encapsulates this modern process, highlighting a shift towards a more responsible and innovative way to value and interact with gold in the digital economy.

What is the International NatGold Council?2024-04-20T23:26:47+00:00

The International NatGold Council, initially known as the International Green Gold Council, was founded in December 2023 in Geneva, Switzerland, by New York-based OroEx Corp. as a Swiss commercial foundation.

Structured as an independent governing body, the Council functions separately from industry participants, including its founding entity, OroEx Corp. Its Board of Directors consists of an exceptionally experienced and diverse team of individuals with international expertise.

Why are NI 43-101 certification standards essential in NatGold legislation?2024-04-20T23:30:11+00:00

Certification standards play a pivotal role in the NatGold ecosystem, with only titles containing certified gold resources under the National Instrument 43-101 (NI 43-101) Standards of Disclosure for Mineral Projects being eligible. Established by the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), NI 43-101 certified gold resource reports are the benchmark in global gold mining and finance and the most widely accepted reporting standard by all major world stock exchanges.

The meticulousness of NI 43-101 in auditing and validating the existence of gold resources ensures unparalleled reliability, making it the most trusted metric for mining financiers worldwide. This level of certainty and quality is crucial for NatGold legislation, ensuring that only the most accurately quantified and scientifically backed gold resources are tokenized, maintaining the highest standards of integrity and trust in the NatGold ecosystem.

Why do U.S. Patented Land Claims align with NatGold legislative policy, enabling them to qualify for NatGold tokenization?2024-04-21T13:15:45+00:00

U.S. Patented Land Claims align well with NatGold legislative policy primarily because they provide comprehensive ownership rights that include both surface and subsurface mineral rights. This dual ownership structure allows holders to fully control their property without the complications of ongoing fees or royalties that are common with traditional mining titles. Moreover, the associated costs, primarily property taxes, can be significantly reduced or even eliminated by severing the subsurface rights from the surface rights, thereby assigning the tax liability solely to the surface rights holder.

Additionally, these claims are perpetual and fully transferable, which are crucial attributes for the NatGold industry. The perpetual nature of these claims ensures that there are no expiry dates on the rights to the resources, aligning with NatGold’s requirement for a stable and lasting resource base. The ability to freely transfer these claims supports the continuity and integrity of title transfers, a fundamental requirement for tokenizing these assets within the NatGold ecosystem. Together, these features provide a stable foundation for the NatGold industry, facilitating the seamless integration of real-world gold resources into the digital economy.