MUMBAI, India, Jan. 23 -- Intellectual Property India has published a patent application (202521127990 A) filed by Patel Heming Thakor, Daman, Dadra and Nagar Haveli and Daman Diu, on Dec. 17, 2025, for 'grx: a dual-ledger, gold-backed, sovereign-grade blockchain protocol for neutral global settlement.'
Inventor(s) include Patel Heming Thakor.
The application for the patent was published on Jan. 23, under issue no. 04/2026.
According to the abstract released by the Intellectual Property India: "A dual-ledger, gold-backed blockchain protocol for neutral global settlement. The system separates token circulation (on a Token Ledger) from gold ownership (on a Sovereign Ownership Ledger). A cryptographic token, GRX, represents a claim on physical gold. A secondary token, GRX-C, is used for commercial settlements. The system enables instant, secure, and transparent cross-border trade without reliance on traditional fiat currencies or intermediaries."
Disclaimer: Curated by HT Syndication.
