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Ethical Gold With the Help of Blockchain Technology
The Perth Mint has joined with technology specialists Security Matters Ltd to start the trueGold project. Their aim is to provide the surety that the gold has been ethically sourced and reliably tracked throughout its journey from the mine site to the marketplace.
Collecto – the Easy Way to Digitize Coin Collections
Collecto digitizes art collections. One of its latest projects: the about 100,000 coins of the Qatar collection. Founder Johannes von Mallinckrodt explains why Collecto is ideally suited for the numismatic world and tells us about the opportunities of machine learning.
A Numismatist’s Guide to Money Part 5: The Future of Money
What is the “moneyness” of new digital monies and cryptocurrencies? In the fifth and last part of this series, Simon Bytheway discusses such issues to find out what they tell us about competing currencies, and the wider socio-economic meaning of money.
Fairmined Gold: Gold Which We Can Be Proud Of
More than 20 million people in the world mine gold in ways that destroy their health, threaten their life, and devastate the environment. The Alliance for Responsible Mining has a way to improve the operation of these mines as well as integrating them into the fair trade system.
Tokens: Culture, Connections, Communities
The Royal Society published an anthology that, for the first time ever, deals with the phenomenon of tokens across time. Ursula Kampmann took a look at it.
Central Banks Work Together on Digital Currency
Important Central Banks have created a group to share experience as they assess the potential cases for central bank digital currency (CBDC) in their home jurisdictions.
The World’s First Digital Collectors Coin
The Bank of Lithuania plans to release a blockchain-based digital collector coin in spring 2020. Naturally collectors can expect quite some unusual features. A physical silver coin will be available too, but it’s hard to get.
Degussa in Zurich and Geneva accepts cryptocurrencies for purchasing precious metals
As the Bitcoin hype continues to grow, the Swiss branch of Degussa Goldhandel AG announces that it’ll be the first trader to accept cryptocurrencies such as Bitcoin and others for the trade of precious metals.
China’s boom in digital payments
Paying for your coffee with just one click on your mobile? In China, this becomes increasingly popular. Several trillions worth of money are transferred from one virtual wallet to the other. The government currently discovers digital payments, too.
Gold, a new digital currency?
Investors usually buy physical gold or shares that reflect the gold price. The British Royal Mint offers the first digital blockchain-based platform for trading gold. Intended as an investment option, RMG® could also become a digital currency.