Tradewind, a financial technology company that specializes in modernizing the gold trade, is launching a high-tech gold-trading platform that aims to take the ancient practice of trading gold into the modern sphere by taking advantage of blockchain technology.
This gold-trading platform was inaugurated by the depositing of the very first block of gold, and first block of blockchain data, into the protocol by Goldcorp.
Goldcorp's $4 million gold deposit marks a historic moment in that it is the first time that precious gold is being recorded and traded in the form of blockchain data. The gold-trading platform is set to evolve and be refined further, at which point it will surely be poised to revolutionize the precious metals investment industry.
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