Q: Does tokenized gold guarantee full transparency?
Not necessarily. While tokenized gold offers traceability of ownership and transfers on blockchain, most transparency stops at the vault door. Proof-of-reserves confirms that gold exists to back the tokens — but it doesn’t verify where that gold came from or how it was sourced.

Q: Why does origin matter?
Because ethical integrity goes beyond accounting. A token can be perfectly tracked onchain yet still represent gold sourced through environmental harm, forced labor, or conflict financing. Transparency in quantity is not the same as transparency in origin.