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BFI Capital
September 3, 2024

aXedras and the Royal Canadian Mint: “Tracing Gold from Mine to Vault”

In a very recent podcast by the World Gold Council, as part of their “Unearthed” series, they sat down with the Royal Canadian Mint to discuss what role the Mint is playing in shoring up the integrity and transparency of the global gold industry. The RCM is committed to implementing the Gold Bar Integrity Programme, and in doing so, proudly names aXedras’s technology and ecosystem for that purpose.

For this episode of the World Gold Council’s Unearthed Podcast, hosts John Reade and Joe Cavatoni interview Marie Lemay, President and CEO of the Royal Canadian Mint, and Rob Sargent, Director Refinery Services. The Royal Canadian Mint, headquartered in Ottawa, Ontario, Canada, produces all of Canada’s circulation coins. In Ottawa specifically, they are responsible for the production and marketing of world-renown collector coins and the popular gold and silver Canadian Maple Leaf.

In this podcast, Ms. Lemay first discusses the role of the Royal Canadian Mint and highlights a number of the Mint’s initiatives and priorities. Then, Mr. Sargent shares how the Royal Canadian Mint’s legacy, already over 100 years in Ottawa, makes its refining facilities unique before turning the focus on digitalization and the future of the gold industry.

Running up the successes aXedras has compiled in leading the charge to digitalize and connect the world’s precious metals industry, Mr. Sargent shares his insights on Distributed Ledger Technology (DLT) and the benefits it will bring to the precious metals industry. They are committed to the Gold Bar Integrity Programme (GBI), a collaborative initiative by the World Gold Council and London Bullion Market Association (LBMA) and of which aXedras is the service provider of, and Mr. Sargent elaborates on how their own relationship with aXedras came about as a result of their like-minded goals for the gold industry.

In a very short time, our friends at aXedras, founded in 2018, have become leaders in taking the precious metal industry to the next level of digitalization through a secure digital supply chain solution: the distributed ledger technology (DLT)-based Bullion Integrity Ledger™️, a member-based ecosystem for peer-to-peer interaction between the stakeholders of the precious metal market. Learn more at www.axedras.com.

>> Visit the World Gold Council’s website for this and other Unearthed Podcasts.

 

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