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Revolutionizing Molten Gold Ownership Transfer: Unlocking the Power of Blockchain Technology

Publish Year: 1402
Type: Conference paper
Language: English
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CBPME01_019

Index date: 17 February 2024

Revolutionizing Molten Gold Ownership Transfer: Unlocking the Power of Blockchain Technology abstract

Molten gold ownership transfer holds both historical and economic significance. It is an essential aspect of financial and wealth management practices. Traditional systems for transferring molten gold ownership are inefficient, vulnerable to fraud, and they are plagued lack of transparency. Blockchain technology, with its decentralized, immutable, and transparent nature, offers a promising solution to these challenges. This paper explores the transformative potential of blockchain technology in revolutionizing molten gold ownership transfer. The transfer of molten gold ownership through blockchain provides a safe and transparent way to track and verify the ownership of the gold assets. The proposed model allows the creation of digital tokens that represent physical gold and can then be exchanged on a blockchain platform. By demonstrating the transformative potential of blockchain in molten gold ownership transfer, this paper contributes to the evolving discourse on the intersection of blockchain technology and asset management, setting the stage for a more efficient, secure, transparent, and distributed gold market.

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Revolutionizing Molten Gold Ownership Transfer: Unlocking the Power of Blockchain Technology authors

Motahareh Dehghan

Department of Industrial & Systems Engineering Tarbiat Modares University

Hadis Feizi

Department of Industrial & Systems Engineering Tarbiat Modares University

Sara Houshmand

Department of Industrial & Systems Engineering Tarbiat Modares University