Responsible Gold™

 

Responsible Gold is collaborating with miners and refiners and is using blockchain technology to provide irrefutable tracking of responsibly sourced gold. 

Our gold is sourced from mines that are certified by an independent auditor as “Conflict Free,” as established by the World Gold Council (WGC) and batch processed by refiners accredited by the London and/or Singapore Bullion Market Association (LBMA of SBMA). 

By tracking provenance and title on the blockchain, we add the assurance that no “conflict gold” is in the value chain – thus making gold a strong, credible investment and currency for institutional investors, central banks, companies and individuals. 

Solutions by Stakeholder

Miners & Refiners

  • Responsibly sourced gold in the supply chain is produced by WGC miners and refined by LBMA refiners providing for the highest level of compliance and assurance.
     
  • Tamper-proof seals, RFID and geolocation chip technologies are used for tracking of gold ownership, title transfer, physical location and custodial liability on the blockchain, adding an additional layer of information to ensure vaulted gold in the Responsible Gold ecosystem is 100 percent conflict free.
     
  • Refiners can now undertake batch processing with segregated electrolysis which ensures no comingling of gold with less than 100 percent conflict free status, meeting the ASTM Specification B-562, the only widely accepted criteria for high-purity gold bullion.
     
  • Recognizing the value of responsibly sourced gold we are partnering with gold mines and refiners to ensure a supply chain free of conflict gold. Currently, we have a top 10 miner and top 10 refiner who have invested in Responsible Gold.

Investors, Bankers & Corporations

  • Following World Gold Council (WGC) and London Bullion Market Association (LBMA) standards, Responsible Gold adds a layer of assurance that G-Coins are not represented by “conflict gold” – thus making it a strong, credible investment and currency for countries, central banks, companies and individuals.
     
  • Most institutional investors follow UNPRI (UN Principal Responsible Investment) and now with the Responsible Gold™ Supply Chain Solution and G-Coin™, gold is now an investment option.
     
  • G-Coin™ tokens are ideal for corporate treasury groups, cross border corporate remittances, intra-company remittances and payment of receivables. The G-Coin™ provides a stable currency, transactions are secure, traceable and auditable under GAAP accounting standards and transfers are instantaneous and free.

Governments and Regulators

  • Sovereign wealth funds and other government institutions can now take advantage of gold as an investment because of the assurance it is 100 percent conflict-free with a verifiable, tamper-proof audit trail.

  • The G-Coin™ ecosystem is safeguarded through stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies.

  • G-Coins™ operate through a permissioned, controlled ecosystem, removing the potential for second market opportunities that are common with cryptocurrencies.