Due to high confidentiality and security requirements, a solution which stores all data centrally is not acceptable for the precious metal industry. The Bullion Integrity Ledger™ uses a decentralised architecture and infrastructure whereby each member stays in control it their data following real-world business transactions.

Accordingly, the Bullion Integrity Ledger™ is a network of companies using the software solution by aXedras. The software is necessary to become a member of the permissioned Bullion Integrity Ledger™, it includes the Blockchain Node and it enables the interaction with other members. The software by aXedras can either be integrated into existing IT systems and (or) it can be used via a user interface (UI).

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Then again, the sum of all established Blockchain Nodes by the individual members represents the Bullion Integrity Ledger™ in its nature as a decentralised business network.

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Important: The actual data always remain in the member’s sovereignty. Data is exchanged and shared only with your counterparty of that very business transaction.