WISeKey International Holding Ltd. and Italpreziosi together with Kaufmann & Partners, are developing a potential project to join forces to launch a NewCo with Headquarters in Zug to launch NFTs backed up by a collateral in gold secured in bunkers in Switzerland and Italy. This step is aligned with a joint commitment towards the implementation of the UN SDGs Agenda. WISeKey will have 51% of the capital allowing gold investment via NFT in total safety, without having to physically handle the products, opting to insert them directly into the Italpreziosi insured deposit.

The gold products, equipped with a NFT based digital identity, are tracked numerically and always covered by insurance for the entire duration of the deposit service, which is carried out in a third-party deposit, in order to be totally excluded from Italpreziosi's assets. The TrustedNFT Gold tokens represent ownership over physical gold bars that are stored in vaults in Switzerland and Italy. Each TrustedNFT Gold represents an underlying bar of gold, with both the token and the physical bar of gold sharing a unique digital identity, which uses a patented method for digital certification of authenticity of a physical object of value.

The method includes the steps of issuing a NFT, along with a digital certificate of authenticity containing encrypted information reflecting at least one characteristic unique to the physical gold bar, checking, whenever required, the validity of the digital certificate of authenticity by use of a network computer. The network computer cooperates with the storage device and a validating or a certifying authority so as to output sensibly in real time the status of validity of the digital certificate of authenticity, and modifying, whenever required.