Security & Risk Management

13.1 Multi-Layer Risk Framework

Because Mining RWA connects a real Mining Project to Digital Infrastructure, it can carry compound risk across asset, verification, data, technology, operations and regulation.

MPC works towards a Framework that identifies, assesses and manages the principal risks on a continuing basis.

13.1.1 Key Risk Areas

• Asset Risk — exploration, resource evaluation, development and production, and changes in project status
• Verification Risk — verification error, incomplete or outdated information
• Data & Oracle Risk — data error, Data Integrity and dependence on external data sources
• Smart Contract Risk — Smart Contract error and technical vulnerability
• Cybersecurity Risk — System Security, Access Control and Key Management
• Operational Risk — operating processes and dependence on external service providers
• Compliance & Regulatory Risk — Asset Token Classification, Issuer Requirements, Investor Eligibility, Offering / Distribution Licensing, and legal and regulatory change by jurisdiction

13.2 Risk Management Cycle

IDENTIFY→ASSESS→MITIGATE→MONITOR→RESPOND

1. Identify
2. Assess
3. Mitigate
4. Monitor
5. Respond
6. Returns to identify

MPC works towards a Defense-in-Depth Approach combining Verification, Data Integrity, Access Control, Smart Contract Security, Compliance and Monitoring.

Blockchain does not remove real-world risk.