Bullion Integrity Ledger™

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The Bullion Integrity Ledger™ is a DLT-/blockchain-based business network that connects all stakeholders of the global precious metal industry. It is a decentralised, secure and member-based platform for peer-to-peer interaction and exchange of data and documents. The Bullion Integrity Ledger™ utilises unified, mutually agreed on data standards to accelerate the digital transformation of the industry.

As stakeholders along the global value-chain of precious metals have specialised in different core competencies, aXedras focuses equally on their diverse business requirements. Our product offering is designed modularly in order to satisfy these diverse requirements:

  • aXProvenance: Digitalisation of the upstream business processes of the precious metal industry, i.e., from the suppliers to the refiners

  • aXCirculation: Digitalisation of the downstream business processes of the precious metal industry, i.e., from the refiners to the market

  • aXFinancing: Digitalisation of the exchange of data and documents along the value chain of precious metals which are relevant for financing processes

 

Any company that would like to join the blockchain-based Bullion Integrity Ledger™ needs to license at least one of the aforementioned software modules which come with the licensed features and functionalities and the required blockchain node.

In order to digitalise B2B processes, the Bullion Integrity Ledger™ enables its members to share information following this unified data standard and to record the outcomes of business transactions in an immutable and auditable manner. Ultimately, this leads to documented products without compromising the confidentiality of the owners or the parties otherwise involved in the transactions.

 

aXProvenance

  • Innovative solution to start digitalizing the life-cycle of precious metals based on harmonized data standards and taxonomy

 

  • Digital transformation of relevant B2B processes between suppliers, forwarders and refiners to increase efficiency

  • Technical solution to support the global ambitions and projects on increased transparency and responsible sourcing of precious metals

  • Real-time proof of evidence for material within the supply-chain or production as the basis for collateralisation

  • Connecting upstream and downstream: allocate provenance data to individual, refined products

Designed for

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Gold Vault

aXCirculation

  • Digitise precious metal products: applies equally for refined investment products, semi-finished goods and grain

  • Digitised products receive a digital twin containing all information specifying one given bullion, e.g. around its origin or the indication of security features

  • Digitally recording the chain of custody of physical products

  • Blockchain-based proof of evidence & ownership

Designed for

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aXFinancing

  • Innovative collateralisation of precious metals along the value-chain

  • Lenders have real-time visibility over their collaterals

  • Reduced financing costs for the borrower and digital exchange of information and data

  • Immutable proof of evidence and ownership referencing to physical precious metals

  • Possible issuance of innovative, gold-backed tokens through third parties

Designed for

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