8-Step Verify-Then-Release Mechanism

Buyer-initiated, blockchain-powered settlement process for all commodities

Step 1: Purchase Order

Buyer places order, funds deposited into Smart Contract Escrow

Example: $25M order

Step 2: Proof of Funds

Digital certificate issued confirming locked funds & verified buyer

Presented to banks & regulators

Step 3: Working Capital

Producer uses certificate to obtain short-term financing from local bank

Unlocks immediate liquidity

Step 4: Assay Verification

Independent assayers verify quality, purity & weight before export

SGS, Bureau Veritas, Metalor

Step 5: Export Compliance

Platform verifies licenses, permits, KYC/AML, calculates taxes

Auto tax transparency

Step 6: Logistics Transport

Secure insured shipment with chain-of-custody tracking

Brinks, Loomis, Malca-Amit

Step 7: Custodian Verify

Vault verifies shipment and posts Proof-of-Custody on-chain

Switzerland, Dubai, Canada vaults

Step 8: Settlement

Smart contract releases funds, repays bank, issues commodity tokens

1 token = 1 unit commodity

Funds Protected

100% protected until in vault

Verified Delivery

Physical verification before release

Instant Settlement

Smart contract auto-execution