The ORIGYN Foundation is dedicated to creating powerful biometric digital certificates that prove authenticity, identity and ownership of valuable assets. Today they announced a collaboration with Metalor to certify the authenticity and ownership of select physical gold bars.

ORIGYN digital certification enables the #Oro industry, in collaboration with Metalor and the Yumi.io marketplace, to redefine how businesses and consumers certify, transact and own precious metals. 

The ORIGYN Digital Certificate powers this process through unprecedented certificate storage and security, as well as the underlying non-fungible token ( #NFT ) technology that immutably links physical objects to asset data and digital experiences.

One of the world's most trusted gold refiners since 1852, Metalor refines gold according to the highest industry standards. 

Metalor sources gold from select countries and sustainably refines the precious metal into 99.99% pure gold bars at one of Metalor's five refineries, all LBMA certified, across three continents. 

The end result is a traceable gold bar, complete with grading, weight, certification and origin information, all stamped directly onto the physical asset. 

Now, leveraging ORIGYN's powerful certification technology for select gold bars, this information will be securely recorded in a permanent, immutable digital certificate.

ORIGYN offers the most powerful digital certificate solution on the market, storing up to 3.5 GB of data. This includes documents and technical information, as well as multimedia elements such as videos, high-resolution images, and full applications.

ORIGYN Digital Certificates are stored entirely on the blockchain, meaning they cannot be altered, lost or falsified. 

They also enable a number of value-added services, including applications to engage with consumers, insurance information, warranties, loss and theft alerts, financing and warranty, bequests, proof of wealth, appraisal history, service records and more.

ORIGYN Digital Certificate continues to uncover novel use cases across the industry in response to the growing demand for digital certification. 

In the case of gold certification, the recently launched gold project, GLD NFT, is now selling digitally certified Metalor gold bars on the Yumi.io marketplace, increasing access and transparency across the gold market.

The certificate for the GLD NFT project includes two high-resolution images of the gold bar, its unique serial number, technical information on weight, purity, dimension and hardness, stock audit verification by globally recognized auditors, and a certificate of authenticity.

“Digital certificates have the power to transform entire industries and revolutionize investment opportunities by providing secure, transparent and accessible ways to verify ownership and authenticity. 

By leveraging blockchain technology, ORIGYN is at the forefront of this transformation, creating a new standard for how physical assets are bought, sold, owned and transacted,” said ORIGYN co-founder Gian Bochsler, who also heads the independent project. GLDNFT. "We believe this technology has the potential to unlock enormous value and opportunities across the precious metals sector."

Source: Territorioblockchain.com

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