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SEMPSA JP Launches Tokenized Gold and Silver in Partnership with Aurus

Adm1n by Adm1n
October 25, 2022
in Blockchain
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SEMPSA JP Launches Tokenized Gold and Silver in Partnership with Aurus
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SEMPSA JP, the main Spanish good supply treasured metals refinery, has partnered with Aurus to supply digital tokens backed by gold and silver to its community of bullion sellers. 5 treasured metals sellers working with SEMPSA JP are promoting tGOLD and tSILVER tokens to the broader retail market by way of their e-commerce shops. The refinery has tokenized an preliminary allotment of three kgs. of gold and 25 kgs. of silver bullions utilizing the Aurus blockchain protocol.

Tokenized Valuable Metals With Aurus

Aurus is a decentralized international software program platform that facilitates the tokenization of treasured metals on the blockchain. tGOLD and tSILVER tokens are every backed by one gram of 99.99% gold and 99.9% silver, respectively. Freed from recurring storage charges, Aurus tokens supply buyers a handy and inexpensive different to bodily bullions, with the extra advantages of immediate settlements and real-time 24/7 buying and selling from any cell gadget.

tGOLD and tSILVER are actually out there at:

●   Andorrano Joyería (Barcelona, Bilbao)

●   CIODE (Madrid)

●   InverMoneda (Málaga, Cádiz, Madrid, Barcelona, Sevilla)

●   Oro Specific (Madrid)

●   Oro Hispánica (Madrid)

All 5 bullion sellers supply bodily redemption providers, enabling prospects to redeem tGOLD and tSILVER tokens for bodily treasured metallic bars and cash at any time.

Francisco Espinosa, CEO at SEMPSA JP, stated:

“At SEMPSA JP, we’re at all times looking for to innovate throughout all the worth chain of the manufacturing of treasured metals, working along with our clientele to supply the best merchandise. By partnering with Aurus, we are actually facilitating entry to SEMPSA JP gold and silver bars in a extremely safe, transportable, divisible, and liquid type. We’re excited to guide the adoption of secure applied sciences, akin to blockchain, serving to to speed up the digital transformation of the dear metals business.”

Guido van Stijn, CEO at Aurus, added:

“Along with SEMPSA JP, we proudly advance the accessibility and value of treasured metals to the mass market by leveraging blockchain expertise. Now anybody can simply purchase, retailer and commerce gold and silver 24/7 at minimal prices. This partnership massively helps our imaginative and prescient to create a extra inclusive and environment friendly treasured metals market.”

Based in 1920, and a part of the Heimerle+Meule group, SEMPSA JP is the oldest refinery in Spain and a trusted provider of treasured metals to mints, sellers, and jewellers worldwide. It´s the one Spanish firm with LBMA Good Supply certificates, each for gold and silver and a pioneer in refining, metallurgy engineering, and processing treasured metals. SEMPSA JP gives a wide range of superb metals, coin blanks, and alloys in a number of codecs, together with personalized merchandise and full-service help to its international community of consumers.

Aurus is the decentralized blockchain infrastructure empowering gold, silver, and platinum-pegged digital property, making a extra inclusive and environment friendly treasured metals market. The Aurus Ecosystem is a extremely scalable, autonomous community of treasured metals companies that independently mint and distribute gold, silver, and platinum-backed tokens globally.

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