Submit asset to Storage (SafeKeeping)

Asset delivered to vault for safekeeping

The gold holder submits their physical asset to a Storage provider (SafeKeeping vault). The vault operator receives the gold and issues a storage receipt confirming the asset is now held in safekeeping.

Details

-Physical gold delivered to vault facility
-Vault operator inspects and verifies the asset
-Storage receipt issued with asset details
-Asset is now under vault custody

Result

The asset is physically secured in storage. The gold holder receives a storage receipt.