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“ The USPTO 11,188,977 authorizes the values behind ALL the XUSD tokens and mining reserves.” No other gold-backed token to our knowledge has this security blanket. Not Bitcoin, nor Ethereum.

A method for creating an asset-backed distributed ledger token representing a smart contract, the token being backed by a pledge of an illiquid form of a precursor or means of production of a commodity asset, comprising receiving a pledge of unrefined or pre-commodity asset, digitizing the unrefined commodity asset into fractional representations of the commodity asset using smart contracts on a distributed ledger network, and allowing account holders access to the perform transactions on the distributed ledger network to trade the fractional representations under the terms of the smart contract.

XUSD Blockchain Team

USPTO  https://patents.google.com/patent/US11188977B2/en?oq=11%2c188%2c977 


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