Gold traceability & assay verification · Ghana
Gold you can prove. Gold you can bank.
The majority of Ghana's gold now comes from the part of the market that is hardest to verify. In 2025 small-scale mining passed large-scale for the first time in over a century — 52.4% of a record 5.94 million ounces. Purity and origin are read by hardware at the moment of purchase, sealed so no one can quietly change them, and anchored where anyone can recompute the result. For licensed traders that ends the arguments that cost them money. For banks, funds and family offices it turns a corridor nobody could underwrite into collateral that can finally be priced.
A note on regulators — we are not asking them to sign up
Oversight bodies do not join waiting lists, and they should not be asked to. Recognition follows evidence: a regulator can only judge whether this strengthens its mandate once units are running on real counters. So our order of work is deliberate — put verified lots in the field with licensed operators first, then invite the Ghana Gold Board and the relevant standards bodies to examine what those lots actually prove. Any evaluation is at our cost and on their terms. Institutions that wish to examine the system now can write to our Chief Compliance Officer directly.
5.94 Moz
Ghana's 2025 gold output — a record, up 23.4% on 2024
52.4%
Now comes from small-scale mining — past large-scale for the first time in a century
30%
Of large-scale output sold to GoldBod locally, from 1 July 2026
200 ms
To read eight physical gates and seal one lot
What does Ghana now require for gold traceability?
Under the Ghana Gold Board Act, 2025 (Act 1140) and a directive dated 13 July 2026, every gold lot must pass KYC and AML due-diligence and be assayed and verified before it leaves the country. The requirement applies across GoldBod's four-tier licensing regime. From 1 July 2026, large-scale mining companies also sell 30% of output to GoldBod locally.
How is gold purity verified at the point of purchase?
The Gold Shield Unit takes eight independent physical readings — mass, density, X-ray fluorescence spectrum, conductivity, position, temperature and tamper state — and seals them in hardware in roughly 200 milliseconds. No figure is entered by a person. The sealed record's fingerprint is anchored on a public blockchain, so any party can recompute it later and see immediately if a single digit has changed.
Can gold inventory be used as collateral for a bank loan?
It has historically been difficult, because a lender cannot independently verify the assay, the quantity or the provenance of stock a trader says they hold. Unverifiable collateral is either refused or priced punitively. A sealed, recomputable assay record makes holdings verifiable without the lender needing to trust the borrower — which is the precondition for pricing the collateral at all.
Is this a cryptocurrency or a gold-backed token?
No. What we sell is verification. A public blockchain is used only as a tamper-evident place to anchor the fingerprint of a sealed record so anyone can check it later — the same way a notary's register works, but without the notary. We do not offer a token to operators or regulators, and we never buy, sell or hold gold.
Does this satisfy responsible sourcing and LBMA-aligned requirements?
It produces the chain-of-custody evidence these frameworks call for: origin, counterparty, due-diligence reference, assay, value and time, bound into one record per lot and linked to the lot before it. Whether that evidence satisfies a given standard is a decision for the relevant standards body, not for us — but it is the class of evidence they ask for, and it is machine-checkable rather than attested on paper.
Who can use it? Do I need a licence?
Licensed operators only — aggregators, Tier 1 and Tier 2 buyers, exporters, refiners and jewellers holding a valid licence. Each reading is bound to the operator's licence and due-diligence record, which is precisely what stops unlicensed material passing through it.
What does it cost the operator?
For the first field cohort, nothing: the unit is provided at our cost for the pilot and every record it produces belongs to the operator. Beyond the pilot the model is a unit lease plus a fee per verification. There is no charge to a regulator at any point.
How can a bank, fund or family office participate?
Two ways. Lend to or invest in verified operators, using evidence you can check rather than representations you must accept. Or finance EcoVent Africa directly — we are pre-revenue and raising to complete an independent security audit, produce field units and run a bounded pilot. A briefing pack and a formula-driven financial model are available on request through the form above.
Where is EcoVent Africa based, and what stage is this at?
Accra, Ghana. The proof layer is live — ten smart contracts source-verified on the Polygon public blockchain, which anyone can inspect. The Gold Shield Unit is a working bench prototype and has not yet been deployed in the field. The company is pre-revenue and holds a Public Procurement Authority certificate. We state this plainly because the first thing we sell is the habit of not overstating.