User’s Private Keys = User’s Wallets = User’s O Tokens = User’s Ownership of Gold
- OLegacy does not store or have access to user’s private keys, and their safekeeping is the user’s responsibility.
- OLegacy does not have access to user’s wallets, and the same are only accessible by the user; either via the OLegacy Platform or the Ethereum Blockchain.
- OLegacy does not keep the user’s O Tokens in a central wallet, while reflecting the balance in a virtual wallet or user’s account. User’s O Tokens are credited and stored into the user’s blockchain based ERC20 wallet, which is verifiable on the Ethereum public blockchain via EtherScan.io
- The OLegacy Gold Coins are stored at an independent 3rd party international vaulting company that will only handover the gold to the O Token holder / redeemer.
User’s funds in a segregated / allocated bank account
Whether the user is funding his OLegacy Currency Account to purchase O Tokens Or redeemed O Tokens for FIAT Currency and the proceeds are credited into his OLegacy Currency Account, funds are maintained in a segregated / allocated bank account at a UK based bank, managed by an independent 3rd party FCA regulated custodian company.