The Bullion Integrity Ledger™ is a distributed ledger technology (DLT)-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.

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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:

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• 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 DLT-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 account for the business network.

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.