SMX and Goldstrom: Revolutionizing Verified Gold Trade

Gold's importance as a value store is undeniable, but its tracking systems often fell short. Goldstrom's collaboration with SMX aims to rectify this by introducing molecular identity for gold, transitioning markets from assumption-based to verification-based operations. This move mitigates fraud risks and enhances accountability in transactions.

Key global hubs like DMCC benefit from this change, requiring infrastructure to authenticate the origin and custody of metals. SMX enables gold to become an identity-backed asset, allowing market participants to price verified metals differently from others. Regulators can now enforce responsible sourcing without hindering trade.

Gold recycling loses significant value due to documentation uncertainties. Verified recycled gold fetches better prices, illustrating the advantage of circularity. As verification becomes technical, transparency and market recalibration improve, transforming trust-based economies into proof-based ones.