- Launched in 2019, the Ouro Alvo program is creating a gold database with samples obtained from different parts of Brazil.
- The information is allowing the Federal Police to create a chemical fingerprint of each sample, which they can then use to cross-reference the origin of seized or suspicious gold.
- This strategy could be complemented with other methods, including physically tagging the gold and tracking transactions using blockchain.
- While technology can be a great ally to fight the illegal gold trade, experts say the country still needs stricter regulations governing the industry.
PORTO…
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News Source: news.mongabay.com