How ReserveChain Is Intended to Work
An outline of the proposed end-to-end model, from documenting an industrial-metal lot through to a planned tokenized representation and physical redemption.
1. Asset documentation and registration
Industrial-metal lots are intended to be recorded in the asset registry at container and coil level, together with their certificates, ownership records, custody arrangements and valuation history. Registration is a documentation step only and does not create an offering of any kind.
2. Independent verification
Laboratory analysis, physical inspection and documentary review are intended to be carried out by parties independent of ReserveChain before any asset record is published as verified. Until that evidence has been supplied and approved, records remain marked as pending verification.
3. Custody and insurance
Verified lots are intended to be held under a documented custody arrangement, evidenced by warehouse receipts and covered by insurance. The custody structure is currently in development and no custody relationship is presented as operational.
4. Reserve reconciliation
A reconciliation process is planned between the physical inventory recorded in the registry and any tokens that may be issued in future, so that any reported coverage can be traced back to approved source documents rather than asserted.
5. Planned tokenization
A configurable ERC-20 infrastructure is being built and tested on a public testnet. No token has been issued, no contract address is published, and deployment to Ethereum mainnet would take place only after written authorization and completion of an independent audit.
6. Intended redemption
A redemption workflow is being built so that, if activated in future, eligible holders could request physical delivery of identified containers or coils, subject to eligibility screening, logistics, customs requirements and applicable law. The module is currently inactive.