First Blockchain Solution developed in Singapore for the Bullion Market Supply Chain

First Blockchain Solution developed in Singapore for the Bullion Market Supply Chain

Bullionist Technology (a Singapore fintech company) announced that it has developed “ELUME,” a digital platform on the IBM Blockchain Platform and targeted at the bullion market supply chain.

 

The platform aims to promote transparency, authenticity and true ownership of bullion assets through the use of blockchain technology. The lifecycle of the bullion assets and related transactions in the supply chain will be tracked on the blockchain, which   provides assurance to investors, and mitigates supply chain risk while protecting against issues arising from fraud and breach of security.

News and articles in the world press about the subject;

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