QELT Blockchain
Technical Whitepaper
World's First Exclusive Real-World Asset Blockchain
Enterprise-grade infrastructure for tokenizing physical assets with cryptographic proof-of-reserves, working in conjunction with QXMP Oracle—the world's first fully dynamic oracle for real-time asset verification.
Version 1.0 • Last Updated: January 16, 2026 • Network Status: 🟢 Operational
Executive Summary
The world's first RWA-exclusive blockchain
QELT Blockchain is the world's first exclusive Real-World Asset (RWA) blockchain, an enterprise-grade, Ethereum-compatible network designed specifically for tokenizing and verifying physical assets. Built on Hyperledger Besu 25.12.0, the network employs QBFT (Quorum Byzantine Fault Tolerance) consensus to achieve immediate finality with a 5-second block time.
Working in conjunction with QXMP Oracle Network—the world's first fully dynamic oracle for physical asset verification—QELT provides cryptographic proof-of-reserves for real-world assets including in-ground mining reserves, precious metals, commodities, real estate, and more.
Key Highlights
- World's First RWA-Exclusive Blockchain: Purpose-built for real-world asset tokenization
- QXMP Oracle Integration: World's first fully dynamic oracle for physical asset verification
- Dynamic Proof-of-Reserves: Cryptographic verification of in-ground mining assets with daily updates
- Immediate Finality: No chain reorganizations with QBFT consensus
- Enterprise Security: Multi-layered security with rate limiting and SSL/TLS
- Production Ready: Operational since Q4 2025 with 99.9%+ uptime
Vision & Problem Statement
The future we're building
The Problem
Real-world assets represent trillions of dollars in value, yet they remain largely illiquid and difficult to verify. Traditional blockchains were not designed for physical asset tokenization and lack:
- Asset Verification Infrastructure: No native support for cryptographic proof-of-reserves
- Dynamic Oracle Systems: Existing oracles can't handle real-time physical asset verification
- Regulatory Compliance: Limited support for JORC 2012 and NI 43-101 compliant data
- Institutional Trust: No blockchain built specifically for enterprise RWA use cases
- In-Ground Asset Support: No platform capable of verifying mining reserves on-chain
Our Vision
QELT Blockchain is the world's first blockchain network built exclusively for real-world asset tokenization, providing capabilities no other platform can match:
- RWA-Native Infrastructure: Purpose-built for physical asset verification and tokenization
- QXMP Oracle Integration: World's first fully dynamic oracle for real-time asset verification
- Dynamic Proof-of-Reserves: Daily cryptographic verification of in-ground mining assets
- Regulatory Compliance: JORC 2012 and NI 43-101 compliant data feeds
- Global Exclusivity: Only platform capable of on-chain registration of physical mining assets
- Immediate Finality: Transactions are final in 5 seconds with QBFT consensus
- Enterprise Performance: 476 TPS theoretical throughput with 5-second blocks
Global Exclusivity
QELT + QXMP is the only blockchain infrastructure built specifically for in-ground mining assets
| Capability | QELT + QXMP | Others |
|---|---|---|
| On-chain registration of physical mining assets | ✗ | |
| Daily oracle verification of in-ground reserves | ✗ | |
| Cryptographic Proof-of-Reserves for real-world assets | ✗ | |
| Fully dynamic PoR with real-time updates | ✗ | |
| JORC 2012 / NI 43-101 compliance | ✗ |
No competitor, platform, or blockchain can do this. QELT + QXMP has global exclusivity for physical mining asset verification with fully dynamic Proof-of-Reserves and real-time oracle updates.
Primary Use Cases
In-Ground Mining Assets
Gold, diamonds, rare earths with daily oracle verification
Real Estate
Property tokenization with verifiable ownership
Commodities
Physical commodities with proof-of-reserves
Precious Metals
Gold, silver, platinum with certified verification
DeFi Applications
RWA-backed lending, synthetic assets, liquidity
Supply Chain
Product traceability and origin verification
QXMP Oracle Network
World's first fully dynamic oracle
The QXMP Oracle Network is a decentralized oracle infrastructure providing verifiable, real-time data about physical asset reserves directly to smart contracts and DeFi protocols. It delivers enterprise-grade asset verification built for institutional trust.
Real-Time Asset Verification
On-chain proof of reserve data updated every 24 hours from certified geological reports. JORC 2012 and NI 43-101 compliant data feeds ensuring transparency and trust.
Multi-Signature Security
Decentralized oracle network with cryptographic verification at every step. Multiple independent validators ensure data integrity and prevent manipulation.
Tamper-Proof Architecture
Cryptographic signatures and merkle proofs ensure data cannot be altered. End-to-end verification from source to smart contract execution.
Historical Data Access
Complete audit trail of all asset valuations and reserve proofs since inception. Immutable on-chain records enable transparent verification and analysis.
QXMP Oracle Smart Contracts
0x04d68...2B75e0x95C6F...181eea0x9fF39...00B8cOracle Data Feeds
Asset Valuations
ActiveReal-time valuation of all reserve assets
Proof of Reserve
ActiveCryptographic proof of asset backing
Market Prices
ActiveAggregated price feeds from major exchanges
Collateral Ratios
ActiveReal-time overcollateralization metrics
Three-Layer Oracle Architecture
QXMPOracleController manages authorized oracle signers and validates cryptographic signatures using ECDSA. Configurable staleness thresholds and value bounds provide anomaly detection.
QXMPProofOfReserveV3 stores oracle-verified proofs with complete audit trails. Each proof includes value, timestamp, block number, and signer address for full transparency.
QXMPDynamicRegistryV2 stores asset metadata with schema-less dynamic fields. Supports ANY asset type - gold, diamonds, land, art, vehicles, IP rights, and more.
Technical Architecture
System design and components
Technology Stack
| Component | Version | Purpose |
|---|---|---|
| Hyperledger Besu | 25.12.0 | Ethereum client implementation |
| Java Runtime | OpenJDK 21 | Besu execution environment |
| Nginx | Latest | Reverse proxy and security layer |
| PostgreSQL | 14+ | Indexer database |
| QXMP Oracle | V3 | Dynamic proof-of-reserves system |
Network Topology
QELT Mainnet consists of 6 strategically distributed nodes across independent infrastructure:
- 5 Validator Nodes: Participate in QBFT consensus and block production
- 1 Archive Node: Stores complete blockchain history for indexing
- 1 Bootnode: Facilitates peer discovery (Node 1)
Node Configuration
Consensus Mechanism
QBFT - Quorum Byzantine Fault Tolerance
What is QBFT?
QBFT (Quorum Byzantine Fault Tolerance) is a Byzantine Fault Tolerant consensus algorithm designed for permissioned blockchain networks. It provides immediate finality, low latency, and deterministic block production.
Consensus Parameters
Target time between blocks. Validators propose blocks every 5 seconds for predictable transaction confirmation times.
Number of blocks per epoch (~41.67 hours). Used for validator set changes and checkpoint validation.
Timeout for consensus message responses. Ensures network doesn't stall on unresponsive validators.
Advantages of QBFT
- No Uncle Blocks: Unlike PoW, every block is final
- Predictable Fees: No variable base fee adjustments
- Low Energy: No computational mining required
- Fast Finality: Transactions confirmed in ~5 seconds
- Network Stability: No chain splits or reorganizations
Dynamic Proof-of-Reserves
Custom verification system for RWAs
QELT's custom Dynamic Proof-of-Reserves (DPoR) contract system provides cryptographic verification of real-world assets with unprecedented transparency and security.
How It Works
Physical assets are registered on-chain with comprehensive metadata including geological reports, jurisdiction, asset type, and IPFS-stored documentation.
QXMP Oracle Network validates asset data from certified reports (JORC 2012 / NI 43-101 compliant) and submits cryptographically signed proofs to the blockchain every 24 hours.
Smart contracts verify multi-signature proofs, validate staleness thresholds, and update asset valuations automatically. All historical proofs are permanently stored for audit trails.
Verified asset data is accessible to any smart contract, enabling RWA-backed lending, tokenization, synthetic assets, and institutional DeFi products.
Key Features
- Cryptographic Signature Validation: ECDSA verification ensures data authenticity
- Multi-Signature Support: Multiple independent validators for high-value assets
- Dynamic Schema-Less Fields: Support for any asset type with custom metadata
- Complete Audit Trail: Immutable history with timestamps and block numbers
- IPFS Integration: Off-chain data storage with on-chain cryptographic hashes
- Anomaly Detection: Value bounds and staleness checks prevent manipulation
What This Enables
Institutional Credibility
Assets are verifiable on-chain with cryptographic proof
Faster Fundraising
Due diligence takes days instead of months
Asset Liquidity
On-chain reserves enable tokenization and RWA products
Regulatory Readiness
Immutable audit trails and time-stamped verification
Tokenomics & Economic Model
QELT token distribution and economics
QELT Token
Transaction Fee Model
QELT implements a zero base fee model, providing predictable transaction costs:
Token Utility
- Payment for transaction fees (gas)
- Smart contract deployment costs
- Oracle verification fees (QXMP integration)
- Asset registration and verification services
- DeFi protocol interactions (DEX, lending, staking)
- Governance rights (future implementation)
Security Architecture
Multi-layered security approach
QELT implements multi-layered security controls to protect both the blockchain network and the oracle verification system.
Network Security
Firewall, DDoS protection, and intrusion detection
TLS/SSL Encryption
Let's Encrypt certificates with TLS 1.2+
Oracle Signature Verification
ECDSA cryptographic signatures on all oracle data submissions
Multi-Signature Validation
Multiple independent validators verify asset data integrity
Rate Limiting
Multi-tier rate limiting via Nginx
Consensus Security
QBFT Byzantine Fault Tolerance (tolerates 1 malicious validator)
Performance Metrics
Real-world performance data
Transaction Throughput
Network Latency
- P2P Latency: <100ms between validators
- RPC Response: 50-200ms (depending on query complexity)
- Oracle Verification: Daily updates (24-hour cycle)
- Block Propagation: <500ms to all validators
Roadmap & Future Development
Our path forward
Phase 1: Foundation
Q4 2025 - Q1 2026 • Completed ✅
- 6-node deployment (5 validators + 1 archive)
- QXMP Oracle V3 deployment with DPoR system
- SSL/TLS security deployment
- RWA tokenization platform launch
- First mining asset verifications
Phase 2: RWA Ecosystem
Q1 - Q2 2026 • In Progress 🔄
- Developer documentation expansion
- Bridge infrastructure for multi-chain RWAs
- Institutional partnerships and integrations
Phase 3: DeFi & Applications
Q2 - Q3 2026 • Planned 📋
- • RWA-backed lending protocols
- • DEX with asset-backed liquidity
- • Synthetic RWA derivatives
- • Institutional DeFi products
Phase 4: AI Consensus Integration
Q3 - Q4 2026 • Planned 📋
- • AI consensus protocol production deployment
- • Gas optimization activation (87.5% reduction target)
- • Adaptive block timing implementation
- • ML-driven transaction prioritization
Phase 5: Enterprise & Global Expansion
2027+ • Future 🔮
- • Geographic expansion of validator network
- • Multi-jurisdiction compliance framework
- • Enterprise white-label solutions
Conclusion
QELT Blockchain represents the world's first blockchain platform built exclusively for real-world asset tokenization. By combining enterprise-grade blockchain infrastructure with the QXMP Oracle Network's dynamic proof-of-reserves system, QELT enables previously impossible use cases in physical asset verification.
No other blockchain platform can provide on-chain registration and daily verification of in-ground mining assets. No other oracle system offers fully dynamic, cryptographically verified proof-of-reserves for physical commodities. This global exclusivity positions QELT as the definitive infrastructure for the multi-trillion dollar RWA tokenization market.
Key Takeaways
- World's First: Only blockchain built exclusively for RWA tokenization
- QXMP Integration: Dynamic proof-of-reserves with daily oracle updates
- Global Exclusivity: Only platform for in-ground mining asset verification
- Immediate Finality: QBFT consensus ensures transactions are final in ~5 seconds
- Enterprise Security: Multi-layered security with cryptographic verification
- Production Ready: Operational infrastructure with 99.9%+ uptime
QELT Blockchain - Built for the future of real-world asset tokenization
Document Version: 1.0
Published: January 16, 2026
Network Status: 🟢 All systems operational
Oracle Status: 🟢 QXMP V3 active with daily verification
This document is subject to updates as the network evolves. Check the official QELT website for the latest version.