Security

ICON utilises Hedera Hashgraph to achieve the gold standard for security in the field of distributed consensus: Asynchronous Byzantine Fault Tolerance (ABFT). Other platforms that use coordinators, leaders, or communication timeouts tend to be vulnerable to  Distributed Denial of Service (DDoS) attacks against those vulnerable areas. Hashgraph is resilient to these types of attacks against the consensus algorithm, and achieves the theoretical limits of security defined by ABFT. Achieving this level of security at a scale of hundreds of thousands of transactions per second is a fundamental advance in the field of distributed systems and it is the gold standard for security in this category.

Many applications require that the consensus order of transactions match the actual order in which the transactions are received by the network. It should not be possible for a single party to prevent the flow of transactions into the network, nor influence the order of transactions in the eventual community consensus. A fair consensus algorithm ensures that if a user can submit a transaction to the network at all, then the transaction will be received by the network and the order in which it was received will be a fair ordering. Hashgraph uniquely ensures that the actual order transactions are received by the community will be reflected in the consensus order. In other words, hashgraph ensures both Fair Access and Fair Ordering.

Formal proofs of the ABFT and fairness properties for the hashgraph consensus algorithm exist and have been available for public review since June, 2016. Furthermore, the hashgraph algorithm has been validated as ABFT by a math proof checked by computer using the Coq system in October, 2018.

Discretion

Creators and Custodians of Intergenerational wealth readily acknowledge that new statutes and regulations targeting their wealth ensures that Privacy and Compliance are top of mind. There are four states of Privacy including:

  1. Solitude ~ Establishing physical separation from other individuals;
  2. Intimacy ~ Inviting select individuals into trusted relationships;
  3. Anonymity ~ A desire to restrict information available in the public domain;
  4. Reserve ~ Protecting and Controlling access to your data and assets.

In 2010, as part of FATCA, US Congress enacted new disclosure requirements for specified foreign financial assets (“SFFAs”). The types of reportable assets include: direct holdings of stock in foreign entities, interests in foreign funds, depository accounts, custodial accounts, or interests in financial institutions.

In 2018, the CRS was adopted across the G20 requiring the name and identifying number of the reporting foreign financial institution (FFI) as well as the name and the account number, year end balance, address, tax identification number, date and place of birth of each reportable person.

Interestingly, Gold held in a custodial account maintained by an FFI (bank) would be considered reportable, however, Gold held in an independent vault or safety deposit box is exempt from declaration provided (i) the vault is not in an FFI (bank) or (ii) the storage arrangement is not a financial account.

ICON CAPITAL RESERVE SA is not an FFI.

Trust

Fibonacci’s Golden Mean is a mathematical formula that permeates the fractal design of our world from subatomic DNA structures the patterns of the stars in the universe. The Golden Mean is embedded in the architecture of our most iconic buildings from the Great Pyramids to Sydney’s Opera House. Since the dawn of humanity, Trusted Sacred Symbols found in places of worship have been generating carrier waves that are literally broadcasting information.

Trust can be traced to the neurobiological activity of our human brain. Our increasingly complex world slows decision making, so we use heuristic defaults like intuition and common sense to help the process. Gold has become the heuristic default for 6000 years because across geography, language, culture and economics, it is the numeraire that the entire world agrees on. Gold is Value.

The stock of Gold refers to the available c200,000MT mined throughout history and the flow refers to the c2,700MT mined annually. Mathematically, Gold has a stock and flow ratio of 1.35%. The stock of our Planet refers to the c7.45b inhabitants and the flow is a net 80m people added per year. Mathematically, Humanity has a stock and flow ratio of 1.20%. As people move up through Maslow’s Hierarchy of Needs, they create surpluses that are stored in a trusted reserve asset like Gold. Hall’s Law suggests that the stock and flow ratios of Gold and Humanity have been correlated for centuries and the ratios are immune to manipulation.

AUREALS™


AUREALS™ are a fusion of AU the atomic symbol for Gold and Real, a term representing authenticity and money, together Real Gold or Gold Money. AUREALS™ represent a 1 gram weight and measure of Gold Bullion and are issued at 99.99% of the LBMA 2nd fix for spot Gold.

Private Client’s in Europe, Asia, GCC, CIS and the Americas (excluding the USA) have been successfully storing value with AUREALS™ since 2013 when the original AUREALS™ were created using the Colored Coin Protocol of the Satoshi Nakamoto inspired Blockchain. Innovators like ICON recognized early on that the original protocols were slow and cumbersome, inhibiting scalability and strategic investments were made to overcome these deficiencies by issuing AUREALS™ as ERC20 smart contracts on Ethereum.

AUREAL™ DNA is embedded with innovation and as one of a handful of strategic partners, ICON will be launching the powerful third generation AUREALS™ on the Hedera Hashgraph platform which provides a new form of distributed consensus. The platform is lightning fast, fair and secure and unlike most Blockchain based platforms, it doesn’t require proof of work.

Private Clients execute a genesis software licensing agreement, rendering a commercial invoice allowing for seamless licensing of AUREALS™ ERC20 smart contracts using any fiat currency, BTC and ETH. Fiat subscriptions are offered for a minimal nominal equivalent of 25,000 AUREALS™ and 2,500 AUREALS™ during certain promotional activities. BTC and ETH subscriptions are offered for a minimal nominal equivalent of 2,500 AUREALS™.

ICON has a number of World class partners that offer KYC; AML and Escrow as well as Institutional Grade back office settlement, accounting and audit.

AUREALS™ are 1g of Fully Reserved Gold


AUREALS™ are a fusion of AU the atomic symbol for Gold and Real, a term representing authenticity and money, together Real Gold or Gold Money. AUREALS™ represent a 1 gram weight and measure of Gold Bullion and are issued at 99.99% of the LBMA 2nd fix for spot Gold.

AUREALS™ are Fully Fungible


Once issued into an ERC20 compatible digital wallet, AUREALS™ are unrestricted and fungible with other ERC20 AUREALS™ that can be: (i) utilized as a secure and discreet store of value; (ii) transferred in any quantum, wallet to wallet with clearing and settlement completed in seconds (without going through a bank) and for holders of 25,000 AUREALS™ or more (iii) payment to retire balances on ICON issued Smart Limitless™ credit cards; (iv) exchanged for any currency or (v) exchanged for CINTAMANI™ and the securely vaulted physical Gold , all for a 1% fee (+FX).

Guaranteed Gold
Delivery On Demand


CINTAMANI™ is drawn from the worlds oldest language, Sanskrit defined as Converting Thought Energy into Gold. The ERC721 CINTAMANI™ smart contracts each represent a 1000 gram weight and measure of GOLD and are not fungible. Instead they are created with a specific Safe Keeping Receipt (“SKR”) indexed to a specific Physical Gold Bullion Bar deposited in a fully insured Vault. Each CINTAMANI™ is embedded with bar identifiers including; (i) refinery hallmark; (ii) purity; (iii) weight; (iv) bar code and (v) vault location. For privileged Holders of a minimum 25,000 AUREALS™ they can swap for CINTAMANI™ and the Guaranteed Gold Delivery On Demand.

History


AUREALS™ are a fusion of AU the atomic symbol for Gold and Real, a term representing authenticity and money, together Real Gold or Gold Money. AUREALS™ represent a 1 gram weight and measure of Gold Bullion and are issued at 99.99% of the LBMA 2nd fix for spot Gold.

Private Client’s in Europe, Asia, GCC, CIS and the Americas (excluding the USA) have been successfully storing value with AUREALS™ since 2013 when the original AUREALS™  were created using the Colored Coin Protocol of the Satoshi Nakamoto inspired Blockchain. Innovators like ICON recognized early on that the original protocols were slow and cumbersome, inhibiting scalability and strategic investments were made to overcome these deficiencies by issuing AUREALS™ as ERC20 smart contracts on Ethereum.

AUREAL™ DNA is embedded with innovation and as one of a handful of strategic partners, ICON will be launching the powerful third generation AUREALS™ on the Hedera Hashgraph platform which provides a new form of distributed consensus. The platform is lightning fast, fair and secure and unlike most Blockchain based platforms, it doesn’t require proof of work.

CINTAMANI™

CINTAMANI™, is drawn from the world’s oldest language, Sanskrit and is defined as Converting Thought Energy into Gold. CINTAMANI™ represent a 1000 gram weight and measure of Gold. The Ethereum ERC721 CINTAMANI™ smart contracts are not fungible and instead are created with a specific Safe Keeping Receipt (“SKR”) indexed to a specific Physical Gold Bullion Bar deposited in a fully insured Vault. Each CINTAMANI details bar identifiers including; (i) refinery hallmark; (ii) purity; (iii) weight; (iv) bar code.  And (v) vault location.

ICON operates a Reserve which includes a secure and private value exchange platform that can trace design roots to Babylon counting the BoE and Fed among the institutions that have emulated the semiotic three-tiered structure that includes: (i) Physical Assets (Gold); (ii) Financial Assets (CINTAMANI™) and (iii) Financial Liabilities (AUREALS™), albeit updated with distributed ledger technology and cutting edge encryption.

ICON Coin Symbolism


Fibonacci’s Golden Mean is a mathematical formula that permeates the fractal design of our world from subatomic DNA structures the patterns of the stars in the universe. The Golden Mean is embedded in the architecture of our most iconic buildings from the Great Pyramids to Sydney’s Opera House. Since the dawn of humanity, Trusted Sacred Symbols found in places of worship have been generating carrier waves that are literally broadcasting information.

Borromean Rings


CINTAMANI™ is derived from Sanskrit, the oldest language on the planet as Turning Thought Energy into Gold. The Sacred Borromean rings are a Symbol of wholeness and unity with no beginning and no end. The trilogy combines the body, mind and soul representing limitless possibility, while illustrating the deep link between CINTAMANI™ AUREALS™ and Gold, that cannot be broken.

Flower Of Life


The Flower of Life is also based on Fibonacci’s Golden mean designed to incorporate fractal designs from chemistry, metallurgy, physics, medicine, astrology, semiotics, mysticism, spiritualism and art, all as parts of an Akashic record.

Holy Trinity


AUREALS™ are derived from AU the atomic symbol for Gold and Real, together Real Gold or Gold Money. The Sacred Triquetra symbol embeds a Trilogy of vesica pisces that are mathematically designed based on the Golden Mean. If you look closely you may see the AUREAL™ also fits inside the Sacred Borromean rings of the CINTAMANI™.

The Process


Private Clients execute a genesis software licensing agreement, rendering a commercial invoice allowing for seamless licensing of AUREALS™ ERC20 smart contracts using any fiat currency, BTC and ETH. Fiat subscriptions are offered for a minimum nominal equivalent of 25,000 AUREALS™ and 2,500 AUREALS™ during certain promotional activities. BTC and ETH subscriptions are offered for a minimal nominal equivalent of 2,500 AUREALS™.

ICON is authorized to accept subscriber funds released from escrow to purchase Physical Gold bullion through its direct trading desk and various global Gold partners that include: (i) miners; (ii) aggregators; (iii) refineries; (iv) dealers and (v) private OTC sellers.

ICON utilizes cleared funds to (i) lock in Gold purchase pricing (LBMA 2nd fix) and issue AUREALS™ into the ICON Treasury Wallet; (ii) request delivery of Physical Gold Bullion Bars into one of the fully insured, global Vaults (iii) receive SKR’s and Issue and Reserve CINTAMANI™ ERC721 smart contracts on the Blockchain (each indexed to an individual Physical Gold Bar) and (iv) transfer AUREALS™ from the Treasury wallet into a private client ERC20 wallet.

Once issued into an ERC20 compatible digital wallet, AUREALS™ are unrestricted and fungible with other ERC20 AUREALS™ and can be:

(i) Utilized as a secure and discreet store of value;

(ii) Transferred in any quantum, wallet to wallet with clearing and settlement completed in seconds for an automatic 1% fee (without going through a bank);

(iii) Holders of a minimum 25,000 AUREALS™ can apply for and retire balances on an ICON issued Limitless credit card for an automatic 1% fee;

(iv) Holders of a minimum 25,000 AUREALS™ can exchange AUREALS™ for any currency for a 1% fee
(+FX); or

(v) Holders of a minimum 25,000 AUREALS™ can exchange AUREALS™ for CINTAMANI™ and the securely vaulted physical Gold for a 1% fee (+FX).

World class partners offer: KYC; AML and Escrow as well as, Institutional Grade back office settlement, accounting and audit services.

Storage Vault

One of many vaults located around the globe that ensures your gold is secured at all times.

Limitless Credit Card


ICON is working closely with strategic partners that include a founding member bank of VISA and MasterCard and the pre-eminent developer of smart card technology to create an eagerly anticipated ICON Smart Limitless™ credit card that combines a biometric reader (fingerprint) and a signal jammer. Together they ensure the card is ‘offline’ when not transacting, effectively eliminating any risk of fraud and unauthorized use.

AUREALS™ Today


The value of Aureals is dependant upon the current value of spot gold at the time. Our pricing for Aureals is updated hourly based upon these rates. Below you can review the value of spot gold over the previous 6 months.

GBP USD EUR

CURRENT PRICING

Prices are based off LBMA 2nd fix

BID

$45.07

OFFER

$45.53

Any Questions?


Contact Information

No matter where you are, we are easily accessible in each country.

HONG KONG

+852 5808 4192

SINGAPORE

+65 3158 6125