Each Uranium Digital token represents ownership of one-pound of physical uranium securely held in accounts at accredited conversion facilities. Holdings are independently audited and verified in real time through Chainlink’s proof-of-reserve oracle, ensuring every token is fully backed. The Network Firm, Chainlink’s preferred auditor, reviews and validates reserve reports from the facilities, providing independent assurance that on-chain data accurately reflects the underlying uranium. Monthly reserve reports further enhance transparency, giving institutions ongoing visibility into the backing of their tokens.

Chainlink is a leading provider of pricing, data feeds, and proof-of-reserves oracles for the digital asset industry, making them the ideal partner for Uranium Digital. Their decentralized oracle network offers unmatched security, reliability, and transparency, ensuring that underlying uranium is independently verified. Chainlink’s decentralized infrastructure eliminates single points of failure and ensures tamper-proof data, making them the most trusted solution for verifying real-world assets. Their industry leadership and proven track record make Chainlink the best choice to back our token with absolute transparency and integrity.

In practice, the system works by connecting off-chain uranium reserve reports directly from converter facilities to the blockchain through Chainlink’s decentralized oracle network. External adapters read reserve data, which is packaged into a data stream and transmitted by independent Chainlink nodes. These nodes broadcast the information on-chain, where a Chainlink verifier contract confirms the accuracy of the report. The updated reserve values are then stored in a Proof-of-Reserve program, influencing minting and burning abilities. This ensures that every issued token is continuously matched against the actual uranium inventory, providing institutions with real-time, independently verified proof that tokens remain fully backed by physical uranium. More details on how Chainlink’s solution works can be found here.

Proof-of-reserve provides independent, third-party verification that each Uranium Digital token is fully backed by physical uranium. By continuously attesting to real-world reserves, it eliminates counterparty risk and gives institutions confidence that tokenized assets remain properly collateralized. This level of transparency is critical for institutional adoption.