The role of a refinery
Refiners receive precious metals from primary sources (i.e., mines) and/or secondary sources (i.e., recycling companies or from the market) and process and refine the supply in order to fabricate refined products such as bars, grain or other (semi-) finished precious metal products.
Independent authorities such as the London Bullion Market Association set the standard for integrity and transparency for the global precious metals industry. The LBMA's Good Delivery List provides an overview of vetted refiners, who amongst others comply with the Responsible Gold Guidance.
Your benefits as a refinery
Digitalise and record your sourcing and upstream activities on an immutable ledger
Create reports for your customers and auditors based on unified data standards
Blockchain-based proof of evidence & ownership to facilitate financing
Map provenance data to refined products
Share digitally all available data and documents around the origin of refined precious metals with your downstream customers
The aXedras™ Ecosystem represents a global community who is actively applying the Bullion Integrity Ledger™ in order to increase the transparency and integrity within the global precious metal industry.
Testimonials of members of the aXedras™ Ecosystem
"aXedras’ solution for product integrity, the Bullion Integrity Ledger, is of great importance for the global precious metal industry. aXedras as a neutral software solution provider is the right partner for Argor-Heraeus to push our journey around digital transformation. Their technology-agnostic solution enables Argor-Heraeus to digitize our diligent sourcing activities on an immutable ledger and share the trusted data efficiently with our customers."
CEO at Argor-Heraeus SA