Updated: Sep 28, 2022
Nuremberg & Zurich, 30 June 2022 – ZIEMANN VALOR becomes a member of aXedras’ digital integrity ecosystem to accelerate the digital transformation, efficiency and sustainability of the German precious metal industry. aXedras is currently applying its solution globally in the context of the Gold Bar Integrity Programme Pilot jointly initiated by the London Bullion Market Association (LBMA) and The World Gold Council (WGC).
ZIEMANN VALOR joins the aXedras™ ecosystem to benefit from digitized processes along the value chain of precious metals. aXedras’ blockchain-based solution, the Bullion Integrity Ledger™, enables its members – such as ZIEMANN VALOR – to offer seamless traceability and transparency of purchased products to their customers. As a holistic logistics provider and distributor, ZIEMANN VALOR will digitize its services such as taking over precious metals from the refiners with armored vehicles, storing precious metals in trusted vaults and selling goods to their customers. By utilizing aXedras’ software solution, B2B processes can be digitized and the customers can trust the immutable data record of integrity, provenance and chain of custody of purchased precious metals. Furthermore, it is a proof of truly existence for the vaulted goods.
The demand for transparency around provenance and its ESG-related data is steadily increasing. Members of the aXedras™ ecosystem can satisfy this requirement by creating, updating or accessing digital Integrity Certificates with ESG-related aspects, respectively by providing clients with access to these datasets. ZIEMANN VALOR can fulfill and guarantee the information requested by banks and investors about their precious metals investments – today and in the future.
Throughout the recently initiated pilot for the Gold Bar Integrity Programme, co-initiated by LBMA and WGC, aXedras has been able to demonstrate the capabilities and strengths of its solution for a digital integrity ecosystem.More than 30 companies representing the global value chain of precious metals are participating in the pilot.
Markus Osiander, Managing Director at ZIEMANN VALOR, states: “We are pleased to be able to take the next step in the digitization of the processes in the precious metals business together with aXedras. By applying aXedras’ technology solution, we can satisfy our customers’ strong interest in investing in precious metals of highest integrity and ESG documentation.”
Urs Röösli, CEO at aXedras, adds: “We are proud to see ZIEMANN VALOR joining the aXedras™ ecosystem as an early adopter for the German market. Digital transformation of existing and future business processes on our blockchain-based platform leads to tremendous efficiency and transparency around provenance data of precious metals.”
About ZIEMANN VALOR:
As a supplier specializing in precious metals, ZIEMANN VALOR offers a wide range of attractive products and services. ZIEMANN VALOR combines the professional handling of physical assets with long-term experience in transport, storage and trading of precious metals. Their close network with the banking sector and excellent trade relations make it possible to offer solutions that meet the requirements of wholesalers for banks, precious metal/coin dealers and commercial customers. ZIEMANN VALOR is part of the ZIEMANN GROUP. Learn more at https://www.ziemann-valor.de/
The ZIEMANN GROUP is a Germany-wide, high-performance and value-oriented group of companies in the security market. With an annual turnover more than 330 million €, over 3,200 employees in 35 branches and around 610 armored vehicles, ZIEMANN is a competent and reputable security partner for customers of all sizes from the banking, retail and many other sectors. Learn more at https://www.ziemann-gruppe.de/
Media contact: ZIEMANN VALOR GmbH, Sabine Härdl, email@example.com,
+49 911 98207020
aXedras, founded in 2018, is an independent information technology provider headquartered in Zug, Switzerland. Its goal is to take the precious metal industry to the next level of digitalization through one secure digital supply chain solution: The blockchain-based Bullion Integrity Ledger™ is a member-based ecosystem for peer-to-peer interaction between the stakeholders of the precious metal market. The Bullion Integrity Ledger™ ensures the unique combination of efficiency, integrity, traceability and confidentiality of data and business transactions. Learn more at https://www.axedras.com/
Media contact: aXedras AG, Philipp Stockinger or Kathrin Wolff-Schmandt, firstname.lastname@example.org, +41588062222