Phase 0 : Concept Validation

• Definition of GIC as a neutral global reference
• Mathematical aggregation model established
• Real-time simulation environment built
• Public transparency via live dashboard

Completed

Phase 1 : Investor & Institutional Interest Validation

• Investor outreach and strategic discussions
• Early institutional feedback loops
• Governance refinement
• Risk and compliance review

In Progress

Phase 2 : Methodology & Governance Formalization

• Formal weighting methodology publication
• Governance charter release
• Independent expert review
• Transparency and audit mechanisms

Phase 3 : Pilot Programs & Strategic Partnerships

• Institutional pilot integrations
• Trade settlement reference testing
• CBDC valuation pilots
• Limited rollout environments

Phase 4 : Regulatory & Multilateral Engagement

• Central bank engagement
• International institution dialogue
• Legal alignment across jurisdictions
• Formal recognition pathways

Phase 5 : Global Reference Layer Adoption

• Multi-institution adoption
• Public & private sector usage
• Integration into accounting standards
• Long-term stability governance