Now is the time to join the journey
aXedras has positioned itself as a leader in the digital transformation of the precious metals industry. aXedras is providing a comprehensive and industry-tailored platform, its Bullion Integrity Ledger™, capable of covering both upstream and downstream requirements.
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Within the upstream sphere, aXedras collaborates with the World Gold Council (WGC) and its members to realize the GBI platform
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Within the downstream sphere, aXedras is engaged with the London Bullion Market Association (LBMA) to develop the envisioned GBI database
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Finally, a growing amount of stakeholders along the global supply chains of precious metals is already trusting aXedras’ platform, ensuring increased integrity, seamless integration and interoperability, and enhanced efficiency across the global supply chains of precious metals.
All members benefit from a market-wide solution rather than isolated initiatives, without losing ownership of their data. This collective approach fosters greater transparency and efficiency, setting new standards for the industry. As the market begins to embrace technology, aXedras' platform, the Bullion Integrity Ledger™️, stands out as a pivotal tool for connecting stakeholders and creating efficiencies across the supply chain.
The journey towards full digital transformation has just begun. By becoming a member of aXedras’ platform, you have the opportunity to drive the process forward, contributing to and benefiting from a secure, transparent, and efficient precious metals market. Join us in shaping the future of the industry, ensuring integrity and trust every step of the way.
This change in approach from “my company operates responsibly” to “my entire supply chain operates responsibly” is gaining traction.
Whitepaper
aXedras' Journey: Empowering Gold Bar Integrity
aXedras, a Swiss-based software company, was founded in 2018 as a result of public consultations undertaken to further strengthen gold supply chain integrity. The consultation’s focus was on how technology can help address risks identified in the precious metals market, such as duplicate or counterfeit bars and supply chain provenance.
Today, aXedras is at the forefront of digital transformation in the global precious metals industry. Specializing in designing, developing, and distributing software solutions based on distributed ledger technology (DLT), aXedras aims to connect and digitalize the precious metals industry.
Why gold mining companies are signing up to the Gold Bar Integrity Programme
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In 2024, one dozen members of the World Gold Council have already signed up to the Bullion Integrity Ledger™
- They are at the forefront applying aXedras' DLT-based platform to capture the core provenance data and start benefitting from all benefits aXedras is offering to producers
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More insights are shared in the short video, whereby our valued partners AngloGold Ashanti, Eldorado Gold, DRDGold and the WGC discuss the importance of the GBI programme
aXedras is mandated by the LBMA
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aXedras has been appointed by the LBMA as the official service provider for the Gold Bar Integrity (GBI) Database, set to launch in late 2024
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The GBI Database serves as a key governance tool, centralizing Vault Holdings and Refiner Data to improve market oversight and data integrity. This secure platform allows refiners and custodians to efficiently share information with LBMA, supporting enhanced clarity, security, and scalability of market data.
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Members of aXedras Bullion Integrity Ledger™ can also contribute to LBMA's GBI Database
aXedras closely collaborates the World Gold Council
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In 2023, the World Gold Council announced that its members, representing the majority of the global large-scale gold mining industry, have committed to enhanced supply chain transparency
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One aspect of this pledge includes uploading core provenance data to a Gold Bar Integrity platform
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As a solution provider, aXedras is honored to contribute to this transformative step towards increased transparency in global gold supply chains by digitizing efforts around responsible sourcing
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More than ten global mining organizations are already applying aXedras' solutions as their preferred Gold Bar Integrity platform.