Santiago, Chile and Zurich, Switzerland.- Argor-Heraeus Latin America (AHLA) becomes a member of aXedras’ digital platform for the precious metals industry, Bullion Integrity Ledger™. AHLA and aXedras join forces to ensure transparency of provenance data through state-of-the-art blockchain technology. aXedras’ secure digital supply chain platform enables seamless, digital connection between all actors, from producer to end consumer, and provides efficient access to standardized data. Embracing advances in traceability enables the precious metals industry to move into the future of sustainability by ensuring the integrity of its value chain.
In response to the growing global demand for precious metals that are sustainably sourced and ESG compliant, AHLA initiates this relationship with aXedras, assuring the origin of the material that is processed in our facilities. AHLA is committed to increasing transparency around the provenance of legitimately sourced precious materials for downstream players. AHLA’s priority is to respect the environment and demonstrably combat corruption, illicit sourcing and eradicate human rights abuses within its supply chain. The digital data and documents exchanged through the blockchain-based platform by aXedras are cryptographically protected and shared with the parties involved in real time.
At the forefront of the mining industry, AHLA acts as a key player in the Americas. AHLA supports Artisanal and Small-Scale Mining (ASM) and Large-Scale Mining (LSM) organizations with extensive business and technology knowledge and the application of best practices. Joining aXedras is a rare opportunity to bring a secure digital supply chain solution to miners sourcing precious metals for numerous downstream players globally. In addition, AHLA’s close collaboration with the Swiss Better Gold Association, also a member of the aXedras™ ecosystem, marks a significant step in improving local industrial and artisanal mining operators’ access to the global market.
The aXedras solution, Bullion Integrity Ledger™, represents holistic integrity. It enables AHLA to digitally capture the origin of precious metals by integrating the exact GPS locations of supply mines. Digitized ESG data such as mining carbon footprint and water use collected early on can be updated throughout the value chain. In addition, security element technologies for raw materials guarantee their integrity during transport.
About aXedras: Founded in 2018, aXedras is an independent IT provider based in Zug, Switzerland. Its goal is to take the precious metals industry to the next level of digitization through a secure digital supply chain solution: the blockchain-based Bullion Integrity Ledger™, a trusted member-based data network for peer-to-peer interaction between stakeholders of the precious metals market. Bullion Integrity Ledger™ guarantees the unique combination of efficiency, integrity, traceability and confidentiality of data and business transactions.
Find out more at https://www.axedras.com/ Media contact: aXedras AG, Philipp Stockinger, firstname.lastname@example.org, +41588062222
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