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LBMA, WGC advance pilot of Gold Bar Integrity initiative

The London Bullion Market Association (LBMA) and the World Gold Council (WGC) have selected two vendors, blockchain technology start-up companies Axedras and Peer Ledger, to participate in a pilot phase of the organisations’ Gold Bar Integrity initiative.
The initiative is aimed at digitally monitoring gold moving through the global supply chain, by confirming provenance and providing transparency over the chain of custody.

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