Future Technology and Ecosystem Expansion

Following the successful implementation of our initial financial-focused phase, LAXMINT will progressively introduce additional blockchain-powered solutions, expanding our ecosystem to address further ASGM industry challenges:

• Supply Chain Transparency: We will integrate blockchain solutions to track gold extraction, refining, and trade. Immutable blockchain records will verify the source, authenticity, and responsible mining practices at every step of the supply chain. From underground assets to bullion or final jewellery products.

• Community Empowerment: Utilizing blockchain-based digital identities, miners will receive fair and transparent compensation, recorded immutably and securely on-chain, significantly improving economic inclusion and equity.

• Environmental Stewardship & Carbon Credits: Transparent blockchain records enable verifiable audits of environmental practices at mining sites. This allows the introduction of verified carbon credits, incentivizing environmentally responsible mining, and creating additional revenue streams for compliant operations. This addresses the environmental impacts of the use of mercury and deforestation.

• Ethical Mining Standards: Blockchain technology will facilitate transparent and accountable enforcement of ethical mining standards, ensuring adherence to international human rights guidelines and responsible labour practices, thereby combating exploitation, child labour, and forced labour.

• National Resource Accountability: Our solution will enable governments to accurately track national mineral resource extraction and trade, ensuring proper taxation and regulation. This increases transparency, reduces corruption, and allows nations to realize the full economic potential of their mineral wealth and its distribution.