TroyMoney

PROJECT OVERVIEW

• Product/Project: TroyMoney, a subsidiary of WorldVest, that aims to tokenise vaulted gold and other precious metals on the BSV blockchain.

• Industry: FinTech, Asset-Backed Digital Currency / Precious Metals

• Geographic Reach: Global (focus on U.S., Latin America, and emerging markets)

• BSV Integration Start Date: 2022

BUSINESS CHALLENGE

What inefficiencies or risks existed?

Traditional gold markets are illiquid, inaccessible to many retail investors, and hindered by high fees, lack of transparency, slow settlement times, and geographic barriers. Additionally, transacting in gold is historically impractical for day-to-day payments or micro-investing.

Why traditional systems were insufficient:

Conventional gold investment vehicles (like ETFs or vault services) do not offer real-time ownership verification, seamless transferability, or micro-transaction capabilities. Financial inclusion is limited, particularly in emerging economies where access to stable, inflation-resistant assets like gold is most needed.

WHY BSV

What made the BSV blockchain the ideal solution?

BSV’s scalability, low transaction fees, stable protocol, and robust tokenization support make it an ideal platform for creating a gold-backed digital currency that is divisible, verifiable, and globally transferable in real time. BSV enables a high-throughput system that supports micropayments and smart contracts to represent ownership of vaulted gold.

Comparison to other blockchain options:

BSV outperformed Ethereum and other Layer 1 chains due to its superior fee efficiency, data integrity guarantees, and ability to tokenise individual satoshis using smart contracts via the 1Sat Ordinals protocol.

SOLUTION ARCHITECTURE

Overview:

TroyMoney issues digital tokens backed by vaulted physical gold, allowing users to own, send, and spend gold in satoshi-sized denominations using the BSV blockchain. These tokens function like a gold-native stablecoin.

Key components:

• Tokenization: Vaulted gold is represented via tokens using BSV’s 1Sat Ordinals smart contract protocol.

• Smart Contracts: Smart contracts manage ownership, compliance, and settlement.

• Digital Wallet Integration: Users interact with the TroyMoney system via blockchain wallets, allowing fast and cost-effective transactions in gold-backed units.

Role of partners/vendors: WorldVest oversees vaulting and compliance, while BSV infrastructure provides the blockchain plumbing. The system leverages the open capabilities of BSV’s ecosystem to maintain verifiable and immutable asset records.

IMPLEMENTATION PROCESS

• Phases of rollout: Began with tokenising gold and building out the compliance and transfer mechanisms; initial soft launches allowed pilot testing before broader public release.

• Integration with legacy systems: TroyMoney integrates with traditional banking infrastructure and gold vaulting services to ensure real-world asset backing.

• Training/onboarding stakeholders: Investor education and outreach are ongoing, especially in regions where users are unfamiliar with blockchain or digital gold.

OUTCOMES & BUSINESS IMPACT

Quantifiable improvements:

• Enabled global micro-ownership of gold.

• Facilitated near-instant, low-cost transfers of value backed by physical gold.

• Improved transparency, accessibility, and trust for gold investment and remittance use cases.

Before vs after metrics:

Previously, gold investment required high minimums and was illiquid. Post-launch, even small users can hold, send, and receive fractional gold instantly.

Stakeholder feedback:

Described as a “Gold Venmo,” TroyMoney has been praised for bridging gold and Web3, making gold usable for daily transactions and investments.

CHALLENGES & MITIGATIONS

• Technical challenges: Ensuring fractional ownership, vaulting trust, and regulatory compliance were all critical. Tokenisation at the satoshi level and real-time updates required robust infrastructure.

• How BSV helped: BSV’s ultra-low transaction costs and native smart contract capabilities allowed high-frequency, small-value transactions without compromising security or auditability.

FUTURE VISION

• Expansion plans: TroyMoney plans to scale globally, particularly in emerging markets and inflation-prone economies. It also seeks to become a go-to alternative asset currency for remittance and savings.

• Additional BSV functionalities: Potential inclusion of NFTs for gold certificates, micropayment streaming for gold-backed wages or content, and deeper smart contract automation for financial instruments.

TESTIMONIAL HIGHLIGHTS

“You can run a whole economy on BSV.” — Garett Krause, Founder of TroyMoney

“It’s not just about tokenising gold — it’s about creating real utility for physical assets in the digital economy.” Garett Krause, Founder of TroyMoney (paraphrased)