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Tradewind Develops System To Identify Origins Of Precious Metals On Blockchain
Summary: Tradewind Markets, the global trading platform backed by stock trading firm IEX, is launching a new system for stablecoin issuers to track the provenance of their precious metals. Tradewind’s development of the Tradewind Origins system is in an effort to put a halt to counterfeit gold seals and to aid precious metal investors find responsibly ...
Tradewind Markets, the global trading platform backed by stock trading firm IEX, is launching a new system for stablecoin issuers to track the provenance of their precious metals.
Tradewind’s development of the Tradewind Origins system is in an effort to put a halt to counterfeit gold seals and to aid precious metal investors find responsibly produced metals. Tradewind Origins will track the geography, the name of the mine and even the standards under which the metal was produced. With the rising popularity of gold backed virtual currency, confirming the legitamacy of the gold and tracking its provenance by blockchain has become a necessity.
By Janelle Fox
Tags: Blockchain,precious metals,Tradewind
Link: Tradewind Develops System To Identify Origins Of Precious Metals On Blockchain [Copy]
