The solution leverages blockchain technology to create an immutable record of each transaction within the supply chain.

Mining companies, refiners, and retailers use a networked platform to log transaction data at every stage—from extraction to market delivery.

Smart contracts facilitate automated compliance checks and alert stakeholders to discrepancies or inconsistencies in the supply chain data.

Each participant is assigned a digital ledger, which updates in real time to reflect the current status and history of the metal's journey, therefore ensuring full transparency and accountability.

The platform provides unparalleled transparency and verifiable guarantees of authenticity and ethical sourcing, addressing both regulatory requirements and consumer trust.

Blockchain's immutability ensures data integrity, and the system’s interoperability enhances data flow efficiency across the supply chain.

While blockchain technology is mature and suitable for transparency requirements, integrating it across disparate supply chain systems can be costly and complex.

However, given blockchain's successful application in similar industries, the technical feasibility is high, though initial setup may require substantial investment and training for stakeholders.