TraceMet leverages blockchain technology to create an immutable ledger where each transaction or movement of metals across the supply chain is recorded in real-time.

Each batch of metal is tagged with a unique digital identifier linked to its origin details, mining practices, and compliance certifications.

Stakeholders throughout the supply chain—miners, distributors, manufacturers—update transactions on the blockchain through smart contracts, ensuring data on sourcing and processing practices is transparent, secure, and readily available for auditing by both businesses and regulators.

TraceMet offers unparalleled transparency and integrity of metal sourcing data, significantly reducing fraudulent claims and improving ethical compliance.

It reassures consumers and corporate buyers about the origins of metals used in products, enhances supply chain efficiency, and increases stakeholder accountability.

The technology required—blockchain—is established and increasingly applied in supply chain management, lending high feasibility.

Costs involve initial setup, integration with existing systems, and ongoing transaction validation via blockchain nodes.

Regulation is supportive of transparency initiatives, with potential partnerships with ethical certification bodies enhancing credibility.