Technology Provenance
Six years. Four deployments. Bank of England to open standard.
"A protocol with a production history longer than most of the regulatory frameworks now being written to govern it."
L3COS
The predecessor platform, built by Zurab Ashvil. Presented at the World Economic Forum, Davos 2020. Engaged in direct evaluation by central banks and sovereign wealth funds across Europe, Asia, and the Middle East.
Bank of England CBDC Sandbox
A fully operational CBDC prototype delivered inside the Bank of England's CBDC sandbox. The deployment demonstrated that central bank governance authority — emergency freeze, balance seizure, force redemption — can be enforced at the protocol layer without off-chain intervention. The most rigorous independent institutional validation of the architecture.
AgriDex
L3RS-1 deployed for tokenised agricultural commodity trading. First live production deployment with institutional counterparties.
Fiat-on-Chain
L3RS-1 deployed for fiat-backed stablecoin infrastructure with regulated institutional participants.
Cleverjet.io
L3RS-1 deployed for aviation asset tokenisation with cross-border ownership and settlement.
Public Release — L3RS-1 v1.0.0
L3RS-1 v1.0.0 released as an open protocol standard. Specification, formal proofs, and conformance test vectors are publicly available.
L3RS Foundation Established
Following publication of L3RS-1 v1.0.0, the L3RS Foundation was formally established as the governing body for the standard. The Foundation operates a Board of Governors, a Technical Steering Committee, and four working groups covering compliance, identity, governance mechanisms, and interoperability. The standard is open and royalty-free.
NBG Evaluation
The National Bank of Georgia is proceeding through the L3RS Foundation's institutional ratification pathway — a formal process requiring conformance audit, Legal Mirror validation, and governance authority registration.
Live Platform
T3RRA — The Production Implementation
L3RS-1 is the production standard deployed by T3RRA Ltd, the global CRE tokenisation platform through which Aurum sources its vault instruments. T3RRA tokenises commercial real estate across multiple geographies and regulatory environments — its compliance architecture is what ensures that instruments offered through Aurum carry regulatory verifiability across all relevant jurisdictions.
Aurum clients access T3RRA-grade institutional infrastructure through a private wealth management relationship, without exposure to T3RRA's broader retail or institutional channels.
6
Years in Production
4+
Live Deployments
1
Central Bank Sandbox