‘Gold library’ helps Brazil crack down on Amazon’s illegal mining

  • 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


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