LBMA CEO Ruth Crowell said the new blockchain-based initiative can help to promote “confidence” in the “integrity and accountability” of the gold that is traded. Some of the most prominent ...
South Africa’s history with gold runs deep, from mining to retail investment. Today a new chapter is opening as blockchain ...
The gold industry is testing blockchain technology to track the global market's supply chain of bars
The London Bullion Market Association and the World Gold Council launched a pilot program to digitally track gold moving through the global supply chain. The Gold Bar Integrity Programme will test a ...
If you liked this story, share it with other people. Proponents say blockchain can bring transparency and rigor to a risky industry with consumers increasingly eager to know where their gold comes ...
UBS is testing blockchain for digital gold trading using ZKsync, aiming to enhance security, scalability and accessibility for retail investors. Switzerland’s largest bank, UBS, is experimenting with ...
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The role of layer 1 chains in blockchain
Blockchain technology is often described as a stack of layers, each serving a unique purpose. Layer 0, usually referred to as the blockchain of blockchains, serves as the base hardware infrastructure ...
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