Matrixdock Selected as Core Technology Partner for Bhutan’s Gold-Backed TER Token

Gelephu Mindfulness City Authority appoints Matrixport’s RWA platform to provide tokenization infrastructure for Bhutan’s sovereign gold-backed project.

CORE

Summary

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Terms & Concepts
  • RWA (real-world asset): Blockchain representation of a physical or tangible asset, such as gold, real estate, or commodities.
  • Tokenization: The process of converting rights to an asset into a digital token on a blockchain for ease of transfer and verification.
  • Gold-backed token: A digital token whose value is supported by physical gold reserves, ensuring asset stability and backing.