If Quintric is meant to be backed by gold and silver, who has both gold and silver? I think that means a third party in the transactions, not a public third party (like US Treasury) but a private (the owners of backing assets).

My intention is not to question the credibility of Quintric, I just do not understand very well why is the future of crypto if it seams to involve a third party, when the idea of crypto ir P2P transactions.