Nowadays, the use of blockchain technology in the mining of precious metals is a growing trend

GLDS
GLDS_blog
Published in
1 min readFeb 26, 2020

--

The fact is that companies that are responsible to their customers and partners want to show transparency of all transactions. As you know in our project we also use the technology of the blockchain.

While using this technology, we also ensure transparency and security of all transactions conducted in our system.
And it is really pleasant to hear that the world community is also trying to use new technologies. For example, the Australian mint recently announced the launch of a blockchain platform for tracking gold bars.

Richard Hayes, the General director of the Perth Mint, said that the trueGold platform will allow transparent tracking of the entire gold supply chain, as well as provide detailed information about the origin of the valuable metal, its manufacturing process and subsequent points of sale. In addition, you can check the authenticity of the material on the platform, which will protect you from purchasing a fake.

--

--