IAMGOLD Buys into Blockchain-Based Gold Tracking System Provider EmTech
Cryptovest
Published Oct 19, 2018 07:10AM ET
Updated Oct 19, 2018 08:41AM ET
IAMGOLD Buys into Blockchain-Based Gold Tracking System Provider EmTech
Canadian gold miner IAMGOLD Corporation announced on Thursday it had made a strategic investment in Emergent Technology Holdings (EmTech), a fintech company that leverages distributed ledger technology (DLT) to track the origin of responsibly sourced gold.
IAMGOLD has joined other early EmTech investors such as Sprott, Yamana Gold, and Valcambi. EmTech will use the capital to expand its gold supply chain system, Responsible Gold. It is allegedly the only blockchain-based app that focuses on responsibly sourced gold by tracking its provenance and path from the poi...
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