AuroToken - Blockchain Technology

Our Technology

Combination of advanced blockchain and uncompromising security standards

ERC-20 Smart Contracts

AuroToken is implemented as an ERC-20 token on the Ethereum blockchain, the most established platform for value tokens. Our contract includes extended functionality:

Controlled minting: Only authorized addresses can create new tokens
Verifiable burning: Redeemed tokens are destroyed transparently
Pause function: Ability to temporarily suspend transfers in case of emergency
Secure upgradeability: Use of proxy pattern for future updates

Scalability Solutions

To ensure low transaction fees and high speed, we implement:

Layer 2 Integration: Support for Polygon, Arbitrum, and Optimism
Cross-chain compatibility: Bridges to other blockchains for a multi-chain experience
Gas optimization: Implementation of mechanisms to reduce transaction costs

Advanced Security

Platform security is guaranteed by:

Multiple security audits by leading specialized companies
Formal verification of critical contracts
Bug bounty program with significant rewards
Continuous monitoring of transactions and on-chain activities
Timelock for changes to critical parameters

Oracles and Price Feeds

The gold price is updated using:

Multi-source aggregation: Combination of independent price feeds
Anti-manipulation mechanisms: Protection against price attacks
Verified institutional sources: Data from authoritative providers
On-chain verification: Complete transparency on price data used

Verification System

Unprecedented transparency in the correspondence between tokens and physical gold

Continuous Reserve Verification

Our verification system ensures that every token in circulation is always 100% backed by the equivalent in physical gold. The process includes:

Regular physical audits: Periodic inspections of gold reserves by independent companies
On-chain attestations: Publication of verifications via smart contracts
Live monitoring: Public dashboard with real-time reserve status
Immutable documentation: All audit reports permanently archived

Our audit methodology includes complete physical verification, cross-checking between physical records and blockchain data, and complete documentation of the gold's chain of custody.

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Gold Custody

Security and traceability of the reserves backing the tokens

World-Class Standards and Custody

The security and verifiability of the physical gold backing AuroToken are fundamental to the integrity of the system:

Geographic diversification: Reserves distributed across different jurisdictions
Prime custodians: Partnerships with world leaders in precious metals custody
Certified vaults: Use of maximum security facilities with international certifications
Complete insurance: 100% insurance coverage of the reserves' value

All gold backing AuroToken meets rigorous standards:

Minimum purity 999.9 (24 karats)
LBMA certification (London Bullion Market Association)
Serialized bars with complete traceability
Responsible sourcing from certified conflict-free sources

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Blockchain Technology