Mining Magazine June 2018 | Page 127

CANADA
RESPONSIBLE GOLD BLOCKCHAIN SUPPLY CHAIN TECHNOLOGY BY EMERGENT TECHNOLOGY
solutions and then look for problems for which to solve . The solutions are very specific . They either solve a problem or create an opportunity ” says Cina . “ That ’ s why we try not to have discussions focused entirely on technology . It ’ s about how we can become more efficient ; how can we produce more ounces both profitably and ethically . It ’ s about working with our strategic partners and seeking out areas of opportunity , to which we then work collaboratively to find a solution .”
The partnership with Emergent Technology and the implementation
of the company ’ s Responsible Gold blockchain platform is but one shining example of Yamana Gold ’ s approach to technology , but it is not the only one .
Yamana Gold has invested in Emergent ’ s “ G-Coin ”, a digital token backed by physical gold sourced from the Responsible Gold supply chain platform .
“ The conversation started a few years ago from a group consisting of technology experts , fintechs legal experts and gold market participants to look at the possibility of digitising gold ,” says Cina .
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