Orebits provides asset-digitization services that are managed on a distributed ledger via smart contracts known as"orebit.au." By digitizing ownership records of proven unrefined gold reserves into restricted securities called Orebits.au claim owners are able to access liquidity in a new way. The resulting increase in liquidity may enable the claim owner to have new leverage for financing, collateral, private transactions or simply as a line item on his/her balance sheet. Backed by Blockchain and Distributed Ledger Technology. These digitized restricted security instruments facilitate, verify and enforce the performance or negotiation of the underlying contract or asset transfer. When applied to proven unrefined gold reserves the intrinsic value of the proven gold can be used in new ways. Extreme volatility in today's financial markets has brought greater attention to the value and universal exchange rate of gold. Despite this, today's stakeholders find themselves without a market mechanism to fully monetize their holdings. By digitizing proven gold reserves into Orebits.au on our distributed ledger, claim owners me be able to have liquidity prior to the reserves being mined, refined and sold in the marketplace. And institutional investors can leverage the even greater returns unrefined commodities offer over their fully refined counterparts.
