Usave and GMEX Collaborate on Ethical Digital Gold Exchange

The blockchain-based exchange is designed to enable a fair and traceable means of trading eco-responsible gold.

Paxos

The venture will enforce high ethical standards throughout the mining, production storage and trading of gold. This will be done by enabling full traceability of the entire life cycle process of the precious metal and recording transactions using distributed-ledger technology, also known as blockchain.

“With blockchain, we can map the whole supply chain for Usave back to the source of the gold and make sure it is ethically mined and traceable all the way through to the end,” says Hirander Misra

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