Title Claim Process

The Title Claim Process is deterministic, transparent, and jurisdiction-aware.

Title Claim Steps

1. User selects an available Global Gold Bar

   The user chooses a specific bar from the Available Pool (with its metadata: fine ounces, purity, vault, jurisdiction, fees).

2. USG is locked in escrow

   The user deposits the required amount of USG (equal to the bar’s fine gold content) into an on-chain escrow/claim contract, where it is locked pending vault approval.

3. Claim request is submitted to the Reserve Partner

   The protocol notifies the vault of the claim request and provides the required claim data for review (identity/KYC, jurisdictional requirements, sanctions checks, etc.).

4. Vault conducts required KYC/AML + compliance review (within the review window)

   The vault reviews the claimant and confirms the transfer complies with applicable policies and regulations.

5. If approved: title transfers, USG burns, NFT is assigned

   Upon vault approval:

   • The Conditional Claim NFT is transferred/assigned to the claimant (or activated to reflect the new rights-holder)

   • The escrowed USG is burned (or routed per protocol rules then burned, depending on your design)

   • The bar’s status updates to reflect the new conditional claim holder / new title-holder per the vault’s legal registry process

6. If denied: USG unlocks, bar returns to pool

   If the vault rejects the claim:

   • The escrowed USG is released back to the user

   • The bar is restored to Available Pool status

   • The claim request is marked denied with an auditable event log

Key principle: USG is only burned after vault approval—until then it is escrowed, reversible, and non-destructive.

This rules-based structure aligns claim execution with jurisdictional compliance without introducing custodial risk at the protocol level.