Platform · Physical Redemption

From Digital Position to Physical Asset Delivery

Visual process: Redemption Request -> Eligibility -> Verification -> Settlement/Burn -> Custody Release -> Logistics/Collection -> Completion. Include fees/thresholds only when approved.

BILATERAL REDEMPTION GATEWAY12 REDEMPTION DOMAINS7-STAGE VISUAL LIFECYCLE

From Digital Position to Physical Asset Delivery

Visual process: Redemption Request -> Eligibility -> Verification -> Settlement/Burn -> Custody Release -> Logistics/Collection -> Completion. An institutional-grade bridge allowing qualified participants to surrender permissioned token positions and take physical delivery of underlying industrial metals, backed by Swiss statutory bailment law (Art. 472 CO) and approved fee controls.

Legal Framework

Swiss CO Art. 472

Statutory bailment surrender

Lifecycle Stages

7 Visual Stages

Request to handover completion

Fee Controls

Approved Only

Strict governance & thresholds

Logistics Security

Tier-1 Armored

100% all-risks syndicate insured

Redemption Domain Selector

Displaying 12 of 12 institutional components

RED-01Request, Eligibility & Thresholds

Redemption Request Initiation & Order Booking

Formal digital request initiation, position allocation, and multi-signature order ticket generation.

1 / 12

Core Capabilities & Operational Scope

Structured on-chain redemption ticket generation linking the token holder wallet to specific allocated metal lots
Multi-signature cryptographic authorization requiring participant key sign-off and authorized corporate signatory approval
Automated redemption request ledgering with immutable block height and cryptographic timestamping
Initial position allocation lock preventing concurrent secondary transfers or duplicate requests during processing

Target Standard

100% Deterministic Order Booking Execution

Legal & Technical Specifications

Standard & Statutory Code

ERC-3643 Settlement Intent / ISO 20022 camt.053 Settlement Format

Execution Cadence

Instantaneous transaction broadcast upon multi-sig submission

Tolerance Threshold

Zero duplicate or concurrent position allocations permitted

Security Invariants & Circuit Breakers

GUARANTEE #1

Order Integrity Invariant: Redemption request cannot proceed without verifiable unencumbered token balance

GUARANTEE #2

Nonce & Anti-Replay Guard: Every redemption ticket carries a unique cryptographic nonce to prevent replay attacks

Safeguards: Automated order cancellation with token unlock if subsequent eligibility gate fails within 48-hour SLA.

Circuit Breaker: Protocol-level pause can halt redemption ticket booking upon detected security anomalies.

Operating Authority & Logistics Partners

Primary Operating Desk

Participant Order Desk & ReserveChain Redemption Gateway

Judicial & Regulatory Oversight

Platform Operating Committee & Smart Contract Guardians

Partner & Logistics Ecosystem

Gnosis Safe Multi-Sig, EIP-712 Typed Signing, ISO 20022 Financial Messaging

JSONRedemption Order Booking Ticket Specification

Specimen Reference Implementation

{
  "redemptionTicketId": "RED-TICKET-2026-CH-0914",
  "beneficiaryWallet": "0x4A81BC9F0042D328EE91024Ac58170bCe01A2973",
  "requestedAsset": "ULTRAFINE_COPPER_POWDER_LOT_04",
  "burnAmountUnits": 50000,
  "unitDenomination": "GRAMS_METRIC",
  "allocatedPassportId": "DAP-CH-CU-2026-0042",
  "requestTimestamp": "2026-10-10T14:45:00Z",
  "settlementRail": "SWISS_FREEPORT_GATEWAY",
  "signatureProof": "0x7d91e84a2...b41c098e",
  "orderState": "SUBMITTED_PENDING_ELIGIBILITY"
}

End-to-End Operational Lifecycle

Visual Process: From Digital Position to Physical Asset Delivery

An auditable 7-stage visual lifecycle bridging permissioned digital token positions to physical metal release at Swiss bonded freeports or direct delivery to client production facilities.

STAGE 01

Redemption Request

Participant selects allocated lot on-chain and generates an authorized cryptographic order ticket.

Step 1 of 7

STAGE 02

Eligibility

Automated check of corporate KYB credentials, accredited status, and SECO/OFAC sanctions screening.

Step 2 of 7

STAGE 03

Verification

Digital Asset Passport authentication, ISO 17025 assay matching, and physical tamper seal check.

Step 3 of 7

STAGE 04

Settlement / Burn

Tokens locked into smart contract escrow and atomically burned upon dispatch, preserving 1:1 PoR solvency.

Step 4 of 7

STAGE 05

Custody Release

Swiss statutory bailment surrender (Art. 472 CO), Lagerschein cancellation, and vault de-allocation.

Step 5 of 7

STAGE 06

Logistics / Collection

Insured Tier-1 armored transport (Loomis/Malca-Amit) with live GPS or direct Swiss freeport collection.

Step 6 of 7

STAGE 07

Completion

Consignee dual-signoff on e-CMR, tamper seal validation, and final on-chain retirement closure.

Step 7 of 7

Approved Operational Fees & Minimum Allocation Thresholds Policy

To safeguard protocol integrity and prevent hidden extraction, operational redemption fees (vault handling, customs preparation, and armored freight) and minimum lot thresholds apply strictly upon formal approval by protocol governance and inclusion in definitive depository rate tables. Pre-launch, testing, or unapproved regimes incur zero unapproved fee deductions.

• Fee Schedule: Strictly governance-approved prior to order lock• Lot Thresholds: Enforced by smart contract to ensure freight safety• Transparency: Line-item fee accounting with zero variable surcharges

Architectural Specification

Institutional Physical Redemption Domain Matrix

12 Subsystems Documented

Domain Tag	Subsystem Name	Core Standard	Invariant Rule	Operational Status
RED-01	Redemption Request Initiation & Order Booking	ERC-3643 Settlement Intent	Order Integrity Invariant	VERIFIED
RED-02	Participant Eligibility & Sanctions Gate	FATF Recommendation 16	Clean Beneficiary Invariant	VERIFIED
RED-03	Approved Fees & Minimum Allocation Thresholds	FINMA Circular 2018	Approval Invariant	VERIFIED
RED-04	Digital Asset Passport & Assay Verification	W3C Verifiable Credentials	Identity Parity	VERIFIED
RED-05	Warehouse Warrant & Legal Title Reconciliation	Swiss Code of Obligations Art. 1153-1155 (Warrants	Clean Title Invariant	VERIFIED
RED-06	Two-Phase Escrow Lockup Mechanism	ERC-3643 Two-Phase Escrow	Non-Double-Spend Invariant	VERIFIED
RED-07	Atomic Token Burn & Solvency Parity Engine	ERC-3643 Burnable Interface	Supply Parity Invariant	VERIFIED
RED-08	Swiss Statutory Bailment Custody Release (Art. 472 CO)	Swiss Code of Obligations Art. 472-491 (Bailment	Statutory Release Invariant	VERIFIED
RED-09	Swiss Customs & Dual-Use Export Clearance (BAZG)	Swiss BAZG Passar Customs API	Customs Clearance Invariant	VERIFIED
RED-10	Tier-1 Armored Logistics & High-Security Transit	TAPA TSR Level 1 (Trucking Security Requirements)	All-Risks Coverage	VERIFIED
RED-11	Depository Free-Zone Direct Collection Protocol	Swiss Freeport Bonded Operations Standard (Zollfreilager-Verordnung ZFV)	Consignee Credentialing	VERIFIED
RED-12	Dual-Signoff Acceptance & Protocol Completion	UN e-CMR Protocol (Electronic Consignment Note)	Bilateral Signoff Invariant	VERIFIED

Statutory Restitution

Guaranteed under Swiss Code of Obligations Art. 472. Refusal to surrender bailed physical metal is legally actionable in Zurich commercial courts, completely isolated from protocol solvency.

Insured Armored Freight

Operated by Malca-Amit and Loomis with 100% all-risks transit coverage underwritten by Lloyd's of London syndicates and real-time GPS encrypted satellite telemetry.

Atomic Solvency Parity

Irrevocable token burn synchronized in the exact same transaction block as physical release, ensuring circulating supply never exceeds vaulted physical reserves.

Platform Navigation

Explore Related Infrastructure

SECTION 10

Tokenization

Legally binding 1:1 issuance & ERC-3643 smart contracts.

SECTION 09

Digital Asset Passports

Serialized physical lot pedigree and tamper-evident seals.

SECTION 08

Proof of Reserves

Continuous cryptographic solvency audits & Chainlink feeds.

SECTION 07

Custody & Vaults

Segregated Swiss bonded freeport deep storage.