Smart Contract Audit
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Blue Gold Announces Successful Smart Contract Audit by Nethermind, Strengthening Security and Transparency Ahead of Standard Gold Coin Launch on Base
Globenewswire· 2025-12-09 13:05
Core Insights - Blue Gold Limited has successfully completed a comprehensive smart contract audit by Nethermind, enhancing its commitment to security and regulatory alignment as it prepares for the launch of its digital asset, Standard Gold Coin (SGC) [1][2][4] Company Overview - Blue Gold Limited is a next-generation gold development company focused on acquiring high-potential mining assets globally, aiming to unlock value in the gold sector through innovative monetization models, including asset-backed digital instruments [7] - The company emphasizes responsible development, operational transparency, and the use of modern financial technologies to redefine gold production and ownership in the 21st century [8] Audit Details - The audit covered all smart contracts supporting SGC, which is a fully reserved, vault-backed digital gold token, and the infrastructure on Coinbase's Layer-2 blockchain, Base, chosen for its security and scalability [3][5] - The audit confirmed that Blue Gold's contracts meet high safety standards, with no critical or high-severity vulnerabilities identified [4] Strategic Goals - SGC is designed to provide users with the assurance of fully reserved physical gold while leveraging the benefits of blockchain technology, such as speed and global accessibility [5] - The audit serves as a validation point for Blue Gold as it finalizes its launch and aims to create a trustworthy digital gold ecosystem [6]