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PRECIOUS METALS
TRACEABILITY THROUGH
BLOCKCHAIN
TECHNOLOGY
PRECIOUS METALS SUPPLY CHAIN
MINERS TRADERS REFINERS MANUFACTURERS REATIAL SELLERS CUSTOMERS
WHY TRACE PRECIOUS METALS???
•Precious metals impact nearly every
aspect of modern life. Now-a-days,
more & more people are demanding
to know where the precious metals in
the products they use come from.
Source of
origin????
DUE TO LACK OF
TRANSPARENCY:
Unfortunately, the current precious metal supply chain
is complex and restrictive, lacking the targeted
transparency, the participants, customers and
regulators demand.
Increasing Purity &
Quality Standards
There are many organizations in the world like Indian
Bullion Market Association(IBMA), London Bullion Market
Association (LBMA) requires sellers to provide detailed
product attribute records proving standards are met for any
trade in that respective country
G-TRACK SOFTWARE FOR
TRACEABILITY OF
PRECIOUS METALS
Brief
Introduction:
• G-Track software is a customized software
designed especially for tracing and storing the
history of precious metals in order to create
transparency between the participants in the
precious metal supply chain and also to satisfy the
ever increasing quality and purity standards.
Why G-Track Software
for precious metal
traceability????????????
To provide continuous inter-connected supply
chain through traceability by using BLOCKCHAIN
Technology.
The software will create
“Transparency between the
Participants”.
G-Track Software
Provides purity
and quality
reports in order to
comply with
different
organisations like
IBMA/LBMA etc in
order to trade in
those particular
countries.
CASE STUDY:
TRACEABILITY OF
PRECIOUS METALS.
At Refiners end
Objective:
• The objective of this case study is “ to
explain the software solution that
ensures required characteristics are
met of that particular country Bullion
Market Association before trading in
that country”.
CLOUD DATABASE
WEIGHING SCALE XRF MACHINE
PROCESS FLOW:
COMPOSITIONDATA
The data is stored against a
unique code/serial number
and is marked onto product by
using laser machine.
Gold bar marked
with data matrix
and serial number
• For example, in respect to LBMA
the required characteristics that
determine the acceptable
physical settlement of gold and
silver to trade in that market
are:
1. Weight
2. Dimensions
3. Fineness (Composition)
4. Marks
Poke-Yoke at Inventory level:
• This enables sellers to dispatch
correct product with required
characteristics.
Organisation will
be selected
METAL will be
selected
SCANNING OF DATA
MATRIX PRESENT ON
THE METAL
THE DATA SAVED
AGAINST THIS SERIAL
NUMBER IS EXTARTEC
AND COMPARED WITH
ORGANISATION
REQUIREMENTS.
The products can be
dispatched.The products are analysed
before sending
• The main advantage of poke-
yoke at inventory level ensures
sellers to provide full product
data accurately, quickly and
privately, can help to put them
on the leading edge, resulting in
higher profit margins.
THANK YOU

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Traceability of Precious metals using block chain technology

  • 2. PRECIOUS METALS SUPPLY CHAIN MINERS TRADERS REFINERS MANUFACTURERS REATIAL SELLERS CUSTOMERS
  • 3. WHY TRACE PRECIOUS METALS??? •Precious metals impact nearly every aspect of modern life. Now-a-days, more & more people are demanding to know where the precious metals in the products they use come from. Source of origin????
  • 4. DUE TO LACK OF TRANSPARENCY: Unfortunately, the current precious metal supply chain is complex and restrictive, lacking the targeted transparency, the participants, customers and regulators demand.
  • 5. Increasing Purity & Quality Standards There are many organizations in the world like Indian Bullion Market Association(IBMA), London Bullion Market Association (LBMA) requires sellers to provide detailed product attribute records proving standards are met for any trade in that respective country
  • 7. Brief Introduction: • G-Track software is a customized software designed especially for tracing and storing the history of precious metals in order to create transparency between the participants in the precious metal supply chain and also to satisfy the ever increasing quality and purity standards.
  • 8. Why G-Track Software for precious metal traceability????????????
  • 9. To provide continuous inter-connected supply chain through traceability by using BLOCKCHAIN Technology.
  • 10. The software will create “Transparency between the Participants”. G-Track Software
  • 11. Provides purity and quality reports in order to comply with different organisations like IBMA/LBMA etc in order to trade in those particular countries.
  • 12. CASE STUDY: TRACEABILITY OF PRECIOUS METALS. At Refiners end
  • 13. Objective: • The objective of this case study is “ to explain the software solution that ensures required characteristics are met of that particular country Bullion Market Association before trading in that country”.
  • 14. CLOUD DATABASE WEIGHING SCALE XRF MACHINE PROCESS FLOW: COMPOSITIONDATA The data is stored against a unique code/serial number and is marked onto product by using laser machine.
  • 15. Gold bar marked with data matrix and serial number
  • 16. • For example, in respect to LBMA the required characteristics that determine the acceptable physical settlement of gold and silver to trade in that market are: 1. Weight 2. Dimensions 3. Fineness (Composition) 4. Marks
  • 17. Poke-Yoke at Inventory level: • This enables sellers to dispatch correct product with required characteristics. Organisation will be selected METAL will be selected SCANNING OF DATA MATRIX PRESENT ON THE METAL THE DATA SAVED AGAINST THIS SERIAL NUMBER IS EXTARTEC AND COMPARED WITH ORGANISATION REQUIREMENTS. The products can be dispatched.The products are analysed before sending
  • 18. • The main advantage of poke- yoke at inventory level ensures sellers to provide full product data accurately, quickly and privately, can help to put them on the leading edge, resulting in higher profit margins.