- Accomplishment: DynamicElement attains LBMA certification for its gold bar authentication technology.
- Industry Impact: Recognized by LBMA’s Gold Bar Integrity Initiative, affirming adherence to industry-leading security standards.
- Significance: Pioneering efforts in establishing trusted and secure measures for gold authenticity.
DynamicElement AG, a technology company based in Thurgau, Switzerland, has been certified by the prestigious London Bullion Market Association (LBMA) for its gold bar authentication technology. This internationally acclaimed certification confirms that DynamicElement’s product identification technology aligns with LBMA’s stringent standards under the Gold Bar Integrity Initiative (GBI).
The LBMA Certification’s Importance
Safeguarding Gold Integrity: LBMA’s Gold Bar Integrity Initiative aims to ensure the transparency and reliability of gold in the global market, protecting against counterfeiting and maintaining the integrity of the gold supply chain.
Role in Provenance Verification: DynamicElement’s solution supports LBMA’s goal by providing a novel, non-invasive, and invisible imaging solution for distinct product registration, facilitating the recognition and authentication of individual gold bars.