Launching IIC Digital Assets on BNB Smart Chain
DINAAR and SAYA are deployed as digital tokens on BNB Smart Chain, giving users a secure way to buy, hold, transfer, and manage their digital assets through compatible Web3 wallets such as Trust Wallet.
DINAAR represents verified physical gold reserves, while SAYA is an IIC digital token. IIC manages the underlying business, reserve, compliance, and redemption processes, while blockchain records token ownership and transactions transparently.
Ecosystem Lifecycle Routing
Stage 1 Infrastructure
IIC Crypto uses BNB Smart Chain as the initial blockchain infrastructure for DINAAR and SAYA. Users can connect compatible Web3 wallets through WalletConnect and interact with their digital assets securely.
How Stage 1 Works
IIC manages the digital asset platform, reserve operations, compliance, and token lifecycle. BNB Smart Chain provides the blockchain infrastructure for token transactions, while compatible Web3 wallets allow users to hold and manage their assets.
DINAAR
Digital Representation of Verified Gold ReservesDINAAR represents verified physical gold reserves through blockchain-based digital tokens. Physical gold is managed, stored, and audited off-chain in secured vault locations, while token ownership transfer, and transaction records are maintained on-chain.
SAYA
IIC Digital TokenSAYA is an IIC digital token deployed on BNB Smart Chain. Users can hold and transfer SAYA through compatible Web3 wallets. Unlike DINAAR, SAYA does not represent physical gold reserves and functions purely as a utility token.
Web3 Wallet Integration
Stage 1 does not require a custom IIC Wallet. Users can connect supported external wallets (such as Trust Wallet) directly to interact with DINAAR and SAYA tokens.
Why BNB Smart Chain?
BNB Smart Chain allows IIC to launch DINAAR and SAYA without first developing and operating a completely new blockchain network.
What IIC Controls vs What Blockchain Provides
Integrating with BNB Smart Chain gives users decentralized ledger security, while IIC retains control over key administrative compliance, business operations, and treasury reserves.
IIC Platform Control
- Customer account profiles
- KYC document compliance checks
- Physical gold reserve custody checks
- Treasury allocation & oracle rates
- Token lifecycle policy rules
- Gold redemption clearance desk
- Ecosystem reports & notifications
BNB Smart Chain Service
- Decentralized wallet token balances
- Peer-to-peer token transfer settlements
- Smart contract parameters execution
- Immutable public transactions logging
- Mint and burn confirmations
- Global explorer ledger history
DINAAR Lifecycle
Gold Reserve ➔ Verification ➔ DINAAR Issuance ➔ BNB Smart Chain ➔ User Wallet ➔ Hold ➔ Transfer ➔ Redeem ➔ DINAAR Burn ➔ Settlement
- Physical gold purchase and custody
- Licensed vault allocations
- Independent audits and weight checks
- Redemption compliance verifications
- Physical gold delivery settlement
- Token mint (allocating balance weight)
- Decentralized ledger transactions
- Peer-to-peer wallet transfers
- Token burn (cancelling redemption weight)
- Contract ownership audit confirmations
What Users Can Do in Stage 1
💡 Future Integration Wording
IIC Crypto can later be integrated with the existing IIC Bank ecosystem, enabling fiat banking, settlement, and digital asset services through a controlled integration layer.
BNB Smart Chain Deployment & Integration
Launching DINAAR and SAYA on BNB Smart Chain with complete technical deployment and integration support.Stage 1 includes the deployment of DINAAR and SAYA on BNB Smart Chain using the BEP-20 token standard. Our team will handle the technical preparation, deployment, integration, testing, documentation, and technical coordination required to launch the digital assets on the BNB Smart Chain ecosystem.
What We Will Handle
1. Smart Contract Deployment
Deploy DINAAR and SAYA smart contracts on BNB Smart Chain using the agreed token configuration.
2. BEP-20 Configuration
Configure the required token parameters, contract settings, ownership/administrative roles, and blockchain configuration.
3. Testnet Deployment
Deploy and test the contracts on the appropriate BNB Smart Chain test environment before production deployment.
4. Mainnet Deployment
Prepare and deploy the approved contracts to BNB Smart Chain mainnet.
5. Contract Verification
Verify the deployed smart contracts on the applicable blockchain explorer and provide the deployment references.
6. Wallet Integration
Configure and test compatibility with supported Web3 wallets such as Trust Wallet and MetaMask through the selected wallet connection mechanism.
7. Blockchain Integration
Connect the IIC Crypto backend with BNB Smart Chain for token balance, mint, burn, transfer, transaction monitoring, and event tracking operations.
8. Technical Testing
Perform end-to-end testing for token deployment, wallet connection, token transfer, mint, burn, confirmations, failure states, and gas handling.
9. Technical Documentation
Prepare the technical information required for the deployment and integration process.
10. Technical Coordination
Coordinate with relevant BNB Smart Chain service providers and validators to support successful mainnet launches.
BNB Deployment Process
Technical Communication Flow
Our team will coordinate the technical requirements and implementation communication required for the BNB Smart Chain deployment. Where BNB ecosystem or third-party service providers require technical information, configuration details, or implementation clarification, our team will coordinate these items.
Deployment Responsibilities
OUR TEAM (Kretoss)
- ✓ Smart contract technical implementation
- ✓ BNB Smart Chain deployment
- ✓ BEP-20 configuration
- ✓ Testnet deployment
- ✓ Mainnet deployment
- ✓ Contract verification
- ✓ Wallet integration
- ✓ Blockchain backend integration
- ✓ Technical testing
- ✓ Deployment documentation
- ✓ Technical communication
- ✓ Technical coordination
- ✓ Deployment troubleshooting
- ✓ Integration support
CLIENT
- ● Business ownership information
- ● Corporate documentation
- ● Legal entity verification
- ● Licensing requirements
- ● Regulatory approvals
- ● Legal agreements
- ● Commercial agreements
- ● Third-party contracts
- ● Required signatures
- ● Legal/compliance decisions
- ● Payment of third-party fees where applicable
- ● Final business approval for production deployment
⚠️ Legal, Licensing & Regulatory Responsibility
Our team will provide technical support and coordination for the BNB Smart Chain deployment. However, legal, licensing, regulatory, corporate, contractual, and compliance requirements that must legally be provided or executed by the client remain the client's responsibility unless separately agreed in writing.
Where technical assistance is required during these processes, our team will support the client from an implementation and technical perspective.
Third-Party Dependencies
Certain parts of the launch may depend on:
- BNB Smart Chain network availability
- Blockchain RPC providers
- Wallet providers (Trust Wallet, MetaMask, etc.)
- WalletConnect or equivalent bridging services
- Blockchain explorers (BscScan, etc.)
- Third-party cloud infrastructure
- External compliance/KYC providers (where applicable)
Our team will coordinate the technical integration with these services where they are included in the agreed scope. Third-party approval, availability, pricing, licensing, and contractual terms remain subject to the respective provider.
Client Approval Gate
Production/mainnet deployment will only proceed after the required client approvals and prerequisites have been completed.
Stage 1 BNB Smart Chain Launch Summary
By the completion of this scope, the following outputs will be delivered:
DINAAR — Digital Gold Asset
A blockchain-based digital representation of verified physical gold reserves.Description
DINAAR is the IIC digital asset designed to represent verified physical gold reserves through blockchain technology.
In Stage 1, DINAAR is deployed on BNB Smart Chain using the BEP-20 token standard. Users can acquire, hold, transfer, and request redemption of DINAAR through the IIC Crypto platform and supported Web3 wallets.
The underlying physical gold is managed through the applicable reserve, custody, verification, and audit framework, while DINAAR ownership and blockchain transactions are recorded transparently on-chain.
How DINAAR Works
“Physical gold remains an off-chain asset. DINAAR provides the digital representation of the asset, while BNB Smart Chain records token ownership and transactions.”
DINAAR Token Flow
DINAAR Redemption Architecture
Stage 1 Technology
User Actions
Reserve & Verification
Verification information is provided through the IIC reserve reporting framework. Blockchain transaction data can be independently verified on the supported blockchain network.
Why BNB Smart Chain?
DINAAR and SAYA use BNB Smart Chain in Stage 1 to launch digital assets on an established, validator-secured network without building a custom blockchain initially.
- BEP-20 token standard compatibility
- Low network gas transaction fees
- Trust Wallet & MetaMask integration support
- Immutable block ledger confirmations
Web3 Wallet Access
Stage 1 does not require a custom IIC Wallet. Users can connect compatible external wallets (such as Trust Wallet or MetaMask) through WalletConnect protocols.
SAYA — IIC Digital Token
A blockchain-based IIC digital token designed for use within the IIC digital asset ecosystem.Description
SAYA is an IIC digital token deployed on BNB Smart Chain using the BEP-20 token standard.
SAYA is separate from DINAAR and does not represent the physical gold reserve. It is designed to operate as a distinct digital asset within the IIC ecosystem, with its own token supply, pricing, utility, and transaction rules.
Users can hold and transfer SAYA through supported Web3 wallets and interact with it through the IIC Crypto platform.
How SAYA Works
“SAYA exists as a blockchain-based digital token. Its ownership and transactions are recorded on BNB Smart Chain, while the IIC platform provides the application, account, compliance, and ecosystem services around the token.”
SAYA Key Features
SAYA Token Flow
Stage 1 Technology
Future Scope
DINAAR vs SAYA Comparison
| Metric / Parameter | DINAAR | SAYA |
|---|---|---|
| Asset Type | Digital Gold Asset | IIC Digital Token |
| Gold Association | Yes (Verified reserves) | No |
| Blockchain | BNB Smart Chain | BNB Smart Chain |
| Token Standard | BEP-20 | BEP-20 |
| Web3 Wallet | Supported | Supported |
| Transfer Options | Supported | Supported |
| Redemption | Subject to IIC reserve rules | Based on utility features |
| Purpose | Digital representation of gold value | Ecosystem utility & operations |
Why BNB Smart Chain?
DINAAR and SAYA use BNB Smart Chain in Stage 1 to launch digital assets on an established, validator-secured network without building a custom blockchain initially.
- BEP-20 token standard compatibility
- Low network gas transaction fees
- Trust Wallet & MetaMask integration support
- Immutable block ledger confirmations
Web3 Wallet Access
Stage 1 does not require a custom IIC Wallet. Users can connect compatible external wallets (such as Trust Wallet or MetaMask) through WalletConnect protocols.
Frequently Asked Questions
DINAAR Value & Price Stability
Core Stabilization Principle
“DINAAR is designed to maintain a close relationship with the value of 1 gram of 24K gold rather than a fixed fiat price. The Gold Oracle provides the reference gold value, while verified reserves, controlled supply, minting, redemption, and reserve management support the relationship between DINAAR and its underlying gold value.”
“During Stage 1, DINAAR operates on BNB Smart Chain with controlled issuance, wallet-based token ownership, and defined redemption settlement processes.”
Value Framework — Stage 1
1. Gold-Linked Reference Value
DINAAR has no fixed USD value. DINAAR is designed to maintain a close relationship with the value of 1 gram of 24K physical gold. The USD reference value changes dynamically as the underlying gold spot price fluctuates:
⚠️ Note: DINAAR does not represent a fixed USD peg. Its fiat value moves in direct proportion to real-world gold asset valuations.
2. Oracle Reference Price
The Stage 1 price reference is managed by the centralized GoldOracleService. Live data is streamed directly from the Binance WebSocket connection:
DINAAR gold pricing is calculated exclusively from the PAXGUSDT stream. ETHUSDT data must NOT be used for DINAAR gold pricing.
“The Gold Oracle provides the Stage 1 reference price used by the IIC Crypto platform for DINAAR pricing and related calculations.”
3. Reference Value vs. DINAAR Token Value
During Stage 1, we define a clear distinction between:
- Reference Value: The gold valuation calculated from the live Gold Oracle index and DINAAR's 1-gram-to-token architecture.
- DINAAR Token Value: The final transaction value used by the IIC Crypto platform for purchase, redemption, and related Stage 1 internal calculations.
ℹ️ Note: External open-market variables like exchange listing prices, order books, market makers, or liquidity pools are not active in Stage 1.
4. Stage 1 Redemption
Ecosystem participants utilize Stage 1 controlled redemption and settlement mechanisms rather than public market arbitrage. Two payout options are supported:
Cash credited directly to the customer's linked and verified IIC Bank Account.
Receive the applicable fiat USD cash equivalent through the configured checkout processor.
5. Stage 1 Minting & Supply
DINAAR supply cannot expand arbitrarily. New tokens are minted only when physical gold reserves are verified and deposited into audited custodian vaults.
6. Stage 1 Burning
When physical gold or cash redemptions are processed, the corresponding DINAAR tokens are permanently burned on the BNB Smart Chain to maintain 1-to-1 reserve parity.
7. Reserve & Price Monitoring
Platform administrators utilize tools for real-time monitoring of reserves, token supplies, and oracle health to secure operations:
Future Expansion
“DINAAR and SAYA are designed with a scalable architecture that can support future wallet, exchange, liquidity, and blockchain initiatives as the IIC ecosystem evolves.”
Legal Framework
1. Legal Claim of Token Holders
DINAAR token contracts grant verified wallet owners a direct contractual redemption claim for physical bullion reserves held by vault custodians. All redemptions are subject to KYC clearances and AML guidelines.
2. Risk Disclosure Statement
Cryptographic tokens involve blockchain transaction fees and commodity price swings. Past gold value movements do not guarantee future price trends.