Tag: ORIGYN Foundation

• ORIGYN Foundation, the Swiss nonprofit dedicated to creating powerful biometric digital certificates that prove authenticity, identity and ownership of valuable assets, today announced a collaboration with Metalor to certify the authenticity and ownership of select physical gold bars.

ORIGYN Foundation, the Swiss nonprofit dedicated to creating powerful biometric digital certificates that prove authenticity, identity and ownership of valuable assets, today announced a collaboration with Metalor to certify the authenticity and ownership of select physical gold bars.

ORIGYN’s Digital certification enables the gold industry, in collaboration with Metalor and Yumi.io marketplace, to redefine how businesses and consumers certify, transact and own precious metals. The ORIGYN Digital Certificate powers this process through unprecedented certificate storage and security, as well as the underlying non-fungible token (NFT) technology that ties physical objects immutably to asset data and digital experiences.

Metalor, one of the world’s most trusted gold refiners since 1852, refines gold in accordance with the highest industry standards. Metalor sources gold from selected countries and sustainably refines the precious metal into 99.99% pure gold bars from one of the five Metalor refineries all LBMA-certified across three continents. The end result is a traceable gold bar-complete with grading, weight, certification and sourcing information-all stamped directly on the physical asset. Now, leveraging ORIGYN’s powerful certification technology for select gold bars, this information will be securely recorded in a permanent, immutable digital certificate.

ORIGYN offers the most powerful digital certificate solution in the market, storing up to 3.5GB of data. This includes documents and technical information, as well as multimedia elements such as video, high-resolution images and entire applications.

ORIGYN Digital Certificates are stored entirely on the blockchain, meaning they cannot be tampered with, lost or falsified. They also enable a host of value-added services, including applications to engage with consumers, insurance information, warranties, lost and stolen alerts, financing and collateralization, bequeathals, proof of heritage, appraisal history, services records and more.

ORIGYN’s digital certificate continues to uncover novel use cases across industry in response to the growing demand for digital certification. In the case of gold certification, the newly launched gold project, GLD NFT, is now selling the digitally-certified Metalor gold bars on Yumi.io marketplace, increasing access to and transparency across the gold market.

The certificate for the GLD NFT project includes two high-resolution images of the gold bar, its unique serial number, technical information on weight, purity, dimension and hardness, stock audit verification from globally recognized auditors and a certificate of authenticity.

“Digital certificates have the power to transform entire industries and revolutionize investment opportunities by providing secure, transparent and accessible ways to verify ownership and authenticity. By leveraging blockchain technology, ORIGYN is at the forefront of this transformation, creating a new standard for how physical assets are bought, sold, owned and transacted,” said ORIGYN Co-Founder Gian Bochsler, who also spearheads the independent GLD NFT project. “We believe this technology has the potential to unlock tremendous value and opportunities across the entire precious metals sector.”

Contact Information:
Silvia Biestro silvia@origyn.ch

• ORIGYN and FederItaly partner to give trust back to consumers using blockchain technology

Fake “Italian” products are a rising concern, with the market estimated to be worth over EUR 100 billion worldwide. Despite protected status and regulations, even iconic Italian products like Parmigiano Reggiano are not immune to counterfeiting, with the fake market worth $2 billion, close to the sales of authentic Parmigiano at $2.7 billion.

Representing over 7,000 registered companies and diverse businesses across all sectors, FederItaly is a dynamic non-profit federation dedicated to safeguarding “Made in Italy” and fighting the damaging effects of Italian-sounding products to Italy’s economy and reputation.

FederItaly has partnered with the ORIGYN Foundation, a Swiss non-profit that uses cutting-edge blockchain technology to prove authenticity, identity, and ownership of valuable assets through digital certificates. These certificates will include multimedia elements like images, documents and even entire applications. By leveraging the foundation’s powerful digital certification technology, FederItaly aims to protect Italian brands and consumers alike.

ORIGYN’s innovative technology is built on the Internet Computer, the most cost effective and greenest blockchain in existence, developed by the DFINITY Foundation, which ensures the utmost transparency and security in the fight against counterfeit Italian products.

“FederItaly’s partnership with ORIGYN marks a milestone in certifying Italian products, promoting economic and social empowerment. With the Senate event, initiative of Senator Gianpietro Maffoni, we are launching the certification process, starting from the Consortium of Extra Virgin Oil from Monti Tifatini, located in a region facing economic and social challenges,” said Carlo Verdone, President of FederItaly.

The “FederItaly 100% Made In Italy” mark offers a trusted symbol of authenticity and quality. Companies must undergo a rigorous validation to ensure that all materials and processes originate from Italy. The resulting digital certificate, securely stored on the Internet Computer blockchain, provides all the essential details, from the product’s origin to its maker, accessible with a simple scan of the product’s QR code.

“ORIGYN Foundation is delighted to collaborate with FederItaly and DFINITY to help protect the integrity of Italy’s finest products and creations, whose authenticity is passionately sought by so many the world over,” said Mike Schwartz, ORIGYN Co-Founder and Councilmember.

FederItaly and ORIGYN are also developing a secure and decentralized e-commerce platform for small and medium-sized Italian businesses, with the ultimate goal to promote and preserve Italian excellence globally.

Starting from March 21, 2023, FederItaly will accept application requests for the “FederItaly 100% Made in Italy” digital certificate using the ORIGYN certification platform.

About ORIGYN
ORIGYN creates powerful biometric digital certificates that prove authenticity, identity and ownership of valuable assets, securely and permanently storing their data on the blockchain. ORIGYN’s digital certification technology establishes an irrefutable connection between a physical asset-such as luxury watches, jewelry, gemstones, manufactured goods and fine artworks-and a forgery-proof, customizable digital certificate, while also offering a host of value-added services to businesses and consumers. ORIGYN serves as a universal, global certification standard for increasing trust, securing data and generating new revenue streams for businesses through digital certificates, which have now officially launched worldwide. Headquartered in Neuchatel, Switzerland, ORIGYN operates as a foundation dedicated to its mission to build trust in what is most valuable. For more information, visit origyn.com.

About FederItaly
FederItaly is the premier Italian federation dedicated to protecting, promoting and disseminating the excellence of “Made in Italy” products and services worldwide. Established in 2021, the organization quickly established itself as a leading voice among companies and media outlets. With over 7,000 registered companies, 12 trade associations, 5 consortia, and over 500 professionals, FederItaly has a proven track record of success in promoting the best of Italian production and professional excellence.

Contact Information
Cassidy Esper
cassidy@origyn.ch

SOURCE: ORIGYN Foundation