XRB Gold Whitepaper, Version 1.0, English
  • Welcome
    • Abstract
    • Introduction to XRB Gold
    • A Brief History of Gold
  • Present-Day Gold Market
    • Physical Gold
    • Gold Market Challenges
    • Buying & Selling Gold
    • Previous Attempts at Digitizing Gold
  • THE DESIGN OF XRBG
    • Basics
    • Token Distribution
    • Product Benefits
    • Using XRBG
    • Smart Contract & Technology
      • XRBG Source Code (Ethereum)
      • XRBG Source Code (Polygon)
    • Partnerships
    • Legal Oversight
    • Usage Restrictions
    • Liquidity
    • Fees
  • Buy XRBG
    • Buy XRBG via XRB Gold App
  • Redeem XRBG
    • Physical Gold Delivery
  • Appendix
    • About XRB DAO
    • Related Links
    • Sources
  • Legal
    • Terms & Conditions
    • Privacy Policy
    • Disclaimers
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  1. THE DESIGN OF XRBG

Basics

XRBG tokens are a digital asset where one token represents ownership of one fine gram of a .999 Good Delivery gold bar, stored in secure facilities at various locations worldwide. Owners of XRBG possess the underlying gold, which is held in custody by XRBG Trust. The value of XRBG tracks the real-time market price of gold, with each token's price based on the per-gram price of a 12.5kg LBMA-accredited gold bar.

XRBG is an Ethereum-based token following the ERC-1400 protocol, making it compatible with all Ethereum and Polygon wallets that accept ERC-20 tokens. All transactions adhere to the rules of the smart contract on the Ethereum and Polygon blockchains. This smart contract eliminates human error, ensuring the XRBG ecosystem operates strictly as programmed.

Like other Ethereum-based tokens, XRBG facilitates 24/7 settlement against various assets. Unlike traditional gold, which is only available for trade settlement during banking hours, XRBG can be transferred anywhere, anytime.

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Last updated 4 months ago

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