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LMBA to Establish standards on Blockchain-powered Gold Tracking System

LMBA to Establish standards on Blockchain-powered Gold Tracking System

LMBA to Establish standards on Blockchain-powered Gold Tracking System

The London Bullion Market Association (LBMA) is to bring transparency to companies that deploy blockchain-powered tracking system for the metal supply chain. The LBMA’s executive board director, Sakhila Mirza expressed towards blockchain technology for improving the supply chain of metal, “We need to set up criteria and standards that help us understand what a credible blockchain solution is.”

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