Security and Transparency

🛡ī¸ Upholding the gold standard in digital security and transparency.

We place a strong focus on the two fundamental pillars of security and transparency. Our commitment to these ideals ensures that every interaction on our platform is both safeguarded and public.

1. Blockchain Security:

  • Immutable Records: By harnessing the robust security features of blockchain technology, every transaction on our platform is permanently documented and visible, ensuring its immutability.

  • Decentralized Data Storage: In our quest for maximum decentralization, we plan to host the data of our NFTs on IPFS, and a significant part of our infrastructure will also be based on decentralized storage solutions.

2. Smart Contract Audits:

  • Prior to their deployment, our smart contracts are subjected to thorough audits by independent security firms. This diligence ensures the code is free of vulnerabilities and works as intended.

  • We conduct regular reviews and updates to ensure our contracts remain fortified against new threats. These contracts will be designed to be upgradable at any time.

3. Transparency with XAUT:

  • As a token backed by gold and managed by Tether, XAUT is a symbol of transparency. Each token corresponds to one troy ounce of gold, securely stored in accredited vaults.

  • The backing of each XAUT token is verifiable, strengthen confidence in its value.

  • We are committed to regularly communicating the XAUT reserves that correspond to each gram of gold associated with our NFTs. This information will be transparently shared and easily accessible to our entire community, ensuring clarity and trust.

4. User Data Protection:

  • User privacy is a top priority for us. We employ cutting-edge encryption techniques to shield user data, ensuring personal details remain confidential.

  • Our adherence to global data protection standards guarantees meticulous handling of user data.

5. Open Communication:

  • We stand for transparent communication with our community. Regular updates, announcements, and reports are published to keep our users abreast of platform evolutions and any potential challenges.

  • Constructive feedback mechanisms are in place, allowing users to express concerns, ask questions, and offer insights.

6. Continuous Monitoring and Updates:

  • As the blockchain world continually transforms, potential threats evolve in tandem. Our dedicated teams persistently oversee the platform for any anomalies and ensure our protective measures remain current.

To summarize, our dedication to security and transparency is unwavering. Recognizing the invaluable trust our users place in us and the assets they hold, we aim to offer a platform where they can transact, invest, and engage with utmost confidence and clarity.

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