on SMX (Security Matters)
SMX Innovates Gold Market with Verified Identity at DMCC
In a rapidly evolving gold market, SMX is addressing modern challenges with its Physical to Digital Link, a system granting unique molecular identities to pieces of metal. This initiative, showcased at the DMCC Precious Metals Conference, marks a shift from traditional paperwork-based trust to one of verifiable identity. The Dubai Multi Commodities Centre (DMCC) plays a pivotal role in this transformation, being a hub for global precious metals trade under the leadership of Ahmed Bin Sulayem.
The demand for stronger oversight tools without disrupting commercial activity is increasing. SMX’s solution aligns with the push for higher standards, solidifying a gold identity from production to recycling. Collaboration with established logistics providers like Brink’s signifies a broader industry move towards systems that measure truth. As Dubai prepares for heightened transparency requirements, this technology reinforces its position as a global trading center.
R. P.
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