Blockchain, Traceability, and Monitoring for Brazilian Gold – Proposal

With the implementation of a system capable of certifying the origin of Brazilian gold, the country would have a powerful tool to optimize enforcement actions, curb illegal trade and increase transparency across the entire mineral sector. The Instituto Escolhas studied the market’s characteristics to better understand the institutional and regulatory gaps that prevent greater control over its production chain. The result is an innovative system of traceability and monitoring of the exploration and marketing of gold, using blockchain technology and molecular tags.