The Vulnerability of Gold Refineries: SMX's Solution

Gold's integrity is threatened not in vaults, but in refineries. When gold is melted, its origin can be erased, posing risks of entering illicit markets. Current systems, relying on paperwork and legacy tools, are inadequate. As refineries are the entry point for illicit gold, robust verification is crucial.

SMX has developed a molecular identity system that secures gold's traceability even through melting processes. This technology could become essential, especially as regulators focus on refining processes to close loopholes in gold provenance.

Regulators will soon demand proof, not claims, of gold's legitimacy. Refineries embracing molecular verification will gain a competitive edge. Conversely, those delayed risk economic setbacks. SMX aims to support refineries globally in adapting to this challenging landscape.