Technology
The blockchain technology behind Wellfield’s platforms
Wellfield's base technology is blockchain. Leveraging it, Wellfield builds the systems each of its markets requires, and builds, owns, and operates both, including proprietary, patent-pending components.
Coinmama, the retail platform, connects to public blockchains with a non-custodial approach. Tradewind, the institutional-facing platform, runs on a permissioned private blockchain, with the physical precious metals it represents custodied at the Royal Canadian Mint. Wellfield builds, owns, and operates both, including proprietary, patent-pending components.
Blockchain lets value be held and moved without intermediaries, settles transactions in minutes rather than days, runs around the clock, and makes ownership verifiable rather than assumed. It is also what lets a physical asset like gold become a tradable digital asset. These are the properties Wellfield builds on, and the reason both a non-custodial retail platform and a digital-metals institutional platform are possible at all.
One base technology, two architectures
The right blockchain architecture is not the same for every market. Retail crypto users want self-sovereignty, so Coinmama is built on public blockchains and is non-custodial. Institutions require regulatory compliance, asset custody, and controlled access, so Tradewind runs on a permissioned private blockchain. The judgment to build the right model for each market, and the engineering to operate both, is Wellfield’s core capability.
Driving forces that power Coinmama
Non-custodial wallet
A secure wallet where the customer controls their assets, not the platform, and that supports almost all crypto assets. Adding multi-party computation (MPC), the private key is never assembled in one place, removing the single point of failure of a traditional wallet. Several elements integrated into the wallet are patent pending.
Education and simplicity
Crypto's biggest barrier for retail users isn't technology – it's understanding. Coinmama is built to remove that barrier. The Coinmama Academy takes users from first principles to confident ownership through plain-language, step-by-step learning, and the platform itself reflects the same philosophy: a straightforward flow with no jargon, and no idle balances sitting on an exchange. Knowledge and design work together, so customers don't just use crypto – they understand what they own and why.
Driving forces that power Tradewind
Permissioned private blockchain
Tradewind runs on a permissioned, private blockchain that Wellfield operates as a closed market for institutional participants.
Tokenization framework
Wellfield has a proprietary tokenization framework that represents physical precious metals as digital VaultChain™ units.
Frequently asked questions
Wellfield’s base technology is blockchain. It builds on public blockchains for its retail platform, Coinmama, and a permissioned private blockchain for its institutional platform, Tradewind, developing proprietary components on each.
An MPC (multi-party computation) wallet has no single private key; the key is split into shares held separately, so no one party ever holds the whole key. Coinmama’s wallet is non-custodial and supports almost all crypto assets.
Coinmama runs on public blockchains and is non-custodial, customers hold their own assets. Tradewind runs on a permissioned private blockchain, with the physical gold and silver custodied at the Royal Canadian Mint and a closed market for permissioned participants.
Wellfield is building an IP portfolio. Its liquidity-pool optimization protocol is patent pending, as are several elements of its non-custodial wallet.