Join Our Mailing List
Monday September 25, 2023
Bitcoin (BTC) $26,129.00   Ethereum (ETH) $1,573.17
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Vendor Technology

Lohko partners with Mattereum to launch verifiable gold bullion NFTs

Lohko is an easy-to-use digital wallet for real assets that helps investors safely buy, hold, control, and transfer their assets. Lohko utilizes blockchain to bring enhanced protection, liquidity and transparency to digitized real assets such as gold and silver...

Published by CryptoNinjas.net
05/26/2021
Lohko partners with Mattereum to launch verifiable gold bullion NFTs

Blockchain wallet platform Lohko announced it has partnered up with London-based blockchain tech firm Mattereum to launch a new ownership model of physical goods that will enable verifiable gold non-fungible tokens (NFTs) to be traded on the blockchain and attached to carbon offsets.

With the Lohko Wallet, investors can safely hold, buy, sell or transfer ownership of physical gold bars, rather than just owning an IOU. Meanwhile, Mattereum’s Asset Passports bind each individually numbered gold bar to an NFT; with legally enforceable smart contracts publicly available on the blockchain.

This new ownership model pioneered by Lohko and Mattereum offers a lens into the sustainable and equitable virtual economy of the future. Verifiable digital identities, authentication, and provenance of each gold bar create transparent inventory information; and allows owners to see whether their assets meet ethical environmental and social standards while automatically investing in carbon offsets.

Moreover, verifiable gold NFTs will also enable artists to bind premium editions of their digital work to physical gold, collectors to buy and sell securely across marketplaces, and investors to have direct digital-physical ownership. The gold bars held in Lohko Wallets are stored in secure vaults maintained by Lohko’s Singapore-based gold exchange partner, Bullionstar.com

Mattereum Asset Passports

The Mattereum Asset Passport is a third-party verified digital identity for physical assets, stored on the blockchain. They can be assigned to a diverse range of asset classes including; fine art, collectibles, luxury goods, aviation parts, consumer electronics, and many more.

Notably, the Mattereum Asset Passport bundles legal and digital agreements which denote true ownership of an object. Further, it provides secure digital provenance, certificates of authenticity, insurance frameworks, and dispute resolution. These smart legal agreements are cryptographically signed & secured on-chain; held in distributed storage networks such as IPFS.

“Gold’s main limitation as an investment category has been that its ownership is difficult to transfer. Typically gold buyers don’t have access to secondary markets; NFT gold in a blockchain does not have this limitation. NFT gold owners are able to sell their gold anywhere and to anyone in any blockchain marketplace.”
– Dr. Antti Saarnio, Lohko’s CEO

Gold NFTs – GoldNFT.io

Gold NFTs are a new type of non-fungible token for physical assets, or digital twins, that are blockchain tokens denoting digital ownership of a tangible good stored on an immutable ledger.

“Once you can do gold, the world’s most ancient asset class, you can do anything. Putting gold on the blockchain in a way that provides such excellent protection for the rights of bar owners; across a wide range of possible scenarios, has taken immense effort and will be a real gamechanger. We hope you will feel able to trust the product of our collaboration completely.”
– Vinay Gupta, Founder & CEO of Mattereum

42
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin
Source: goldnft.io

Related News

Sweetbridge partners with Mattereum for legal smart contracts

01/25/2018
Sweetbridge partners with Mattereum for legal smart contracts

Sweetbridge, a blockchain alliance developing protocols to enable frictionless commerce and interest-free financing for individuals, businesses, and enterprises,  today announced a partnership with Mattereum, the London-based Internet of Agreements (IoA) infrastructure company. Mattereum will...

Read more

InsurePal ICO: Insurance of blockchain business transactions

12/24/2017
InsurePal ICO: Insurance of blockchain business transactions

InsurePal, a distributed social proof insurance ecosystem powered by blockchain technology is now just a few weeks out from commencing its initial coin offering of IPL tokens. Make no mistake, this is a serious...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Blockstream releases new platform for Liquid-sidechain security token issuance

Blockstream releases new platform for Liquid-sidechain security token issuance

05/15/2019
Blockstream Mining Bitcoin

Blockstream launches bitcoin mining colocation and pool services

08/08/2019
Zilliqa blockchain combines incubation programs as it announces new grant winners

Zilliqa blockchain combines incubation programs; announces new grant winners

12/03/2019
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
Adenasoft launches new crypto exchange white label solution: ACE

Adenasoft launches new crypto exchange white label solution: ACE

06/27/2023
Maximize Your ETH Investment: The ETHphoria Vault by Pods

Maximize Your ETH Investment: The ETHphoria Vault by Pods

06/21/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy