InnovaMinex is an advanced blockchain technology to provide traceability of precious metals, such as gold, silver and palladium. With the usage of a variety of procedures, it becomes possible to certify the full process of a precious metal origin, from its mining to to the subsequent consumer. This commercialization is carried out through InnovaMinex e-commerce stores, affiliate stores and InnovaMinex own ATMs.
The technology will let buyers to verify the origin of the metal they want to purchase, ensuring that the origin is completely legal, as long as all the transactions applied to it are recorded and the community has access to them. InnovaMinex global goal is to make gold and other precious metals more puplicly accessible with the help of INX cryptocurrency, offering the best possible price both to customers and the InnovaMinex community, with an emphasis on the transparency and security of all the transactions.
InnovaMinex currently has seven mining projects known domestically as GUAYAQUIL, VIZCAYA, BOLVAR 2, ANTIOQUIA 3, MINEX 7, MINEX 12 and TOLIMA. All of them are going to begin to operate gradually. All these projects relate to the extraction of underground rocks, i.e. they will extract minerals located in cracks, ravines or crevices of the stony body. These minerals have a different nature of the rocks in which they are located. Consequently, the mineral of commercial interest is thus directly extracted, which results in minimal impact on the surface where the mine is located.
Founded: 2018, Estonia
Start: 26 November, 2018
End: 26 January, 2019
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Investors who purchase using the INX token gold or products made of precious metals, receive additional, moreover, very significant discounts - for them the price of precious metals and products from it will be 30% lower than the market
With the use of InnovaMinex technology, the entire production process will be certified, starting with mining in the mine and ending with the final selling point in a jewelry store. This model will be based on partnerships with various jewelry stores and ATMs. The introduction of such technologies in this commercial activity will benefit all parties. Losses of mining companies will be reduced, shops can be sure that they will not slip off low-quality goods, and buyers, in turn, will be able to verify the origin of the desired jewelry.
It is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer.
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