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Tokenizing Commodities for Mining and Metals Companies
At LODE, a founding member of The Tokenized Commodities Council, a digital silver and gold monetary system was created from precious metals stored with Brinks, and public vaults worldwide. The ability to secure a reliable, trusted, potentially endless silver and gold supply for the monetary system led to the creation of LODE Mining. The operations, time, technology, and capital intensive requirements to create a Mine-to-Mobile supply chain with sustainable mining practices was ahead of its time. And, for small to mid-size mines to increase production comes with challenges related to safety, environmental controls, their lack of capital, and limited access to formal markets. Centralizing production with end-to-end supply chain processes enables LODE to become a key producer of tokenized silver and gold, and for mines and partners to provide a better product that will help billions of p...
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