RMG The 21 st Century Gold Standard David Janczewski 4-6 JUNE 2017 - - PowerPoint PPT Presentation

4-6 JUNE 2017 Grand Copthorne, Singapore

RMG – The 21st Century Gold Standard David Janczewski

A brief history of The Royal Mint

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The Origins of Royal Mint Gold - RMG

• Began investigating Bitcoin in 2012
• Growth in our physical bullion business
• Identified a potential opportunity to use Blockchain

technology as an efficient method of tracking ownership

• But…. The business opportunity needed refinement

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Why Gold on a Blockchain?

• Why gold?

– Gold has been a form of currency and store of wealth for millennia – Its limited availability, highly precious nature and global standardisation make it an ideal choice – The market is ripe for innovation

• Why Blockchain?

– Proven technology with 8+ years of “real-world testing” – Transaction efficiencies offered by technology – Move to a decentralised transaction model

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A new transaction model

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The Present Model The Future – RMG Model

Royal Mint Gold - RMG

• Provides direct ownership of physical gold
• Will be exchange tradable and peer to peer transferable on a

platform run by CME Group

• The physical gold will be held within The Royal Mint’s secure

vaults

• Will have ownership recorded and updated in near real-time

using block chain technology

• Have zero annual management or storage costs
• Ultimately deliver the best value gold investment

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How do you deliver such a change?

• Seeking to deliver confidence and certainty
• Corporate grade infrastructure model
• Security and reliability are key whilst also maintaining ease of

use

• Open, permissioned network to enable rapid deployment and

trust

• Multi participant model to ensure transaction validity and

speed

• Independent services to provide disaster recovery and legal

enforcement capability

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Just the beginning…

• With 1000+ years of experience, The Royal Mint is taking a

long term view and building for the future RMG is a Gold Digital Asset that is enabled by Blockchain and we are seeking to

• 1. Encourage participation – come and join the network!
• 2. Propagate innovation – how could you make use of RMG?

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Thank you

• For more information please visit: www.royalmint.com/rmg
• Email: rmginfo@royalmint.com
• Twitter: @RoyalMintUK

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