Security 2.0 for Precious Metals and More

Blockchain technology enables the tokenization of precious and technology metals. For investors, this means transparency and knowledge of the whereabouts of their assets. In our interview, investment expert Andreas Kroll explains the procedure for data storage and what advantages it has. (Source: Finanzblatt.net)

Mr. Kroll, investors can acquire tangible assets such as precious or technology metals as tokens, with the transaction documented on a blockchain. What are the advantages of this, and how exactly does it work?

Investors receive a so-called protocol token for every gram of technology, precious metals and rare earths they purchase. One token always reflects one gram of the respective commodity. The owner can use the blockchain to determine that their metal is actually present. They can also see where it is located and which batch it belongs to…