Australian tech company Meld Gold will issue tokens anchored on gold based on Algorand

Australian start-up technology company Meld Gold announced that it will issue decentralized, anchored gold tokens based on Algorand technology, and plans to integrate blockchain technology into the existing gold supply chain to improve current inefficient labor through seamless transactions and fast settlement. Process flow. Meld Gold director Michael Cotton said, “The platform will effectively empower the gold supply chain links including mints, refineries, dealers and vaults, and provide technical support for seamless and efficient transactions between the links.”