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Dubai Precious Metals Conference to focus on blockchain technology

DMCC, the authority on trade, enterprise and commodities in Dubai, has announced the details of the sixth annual edition of the Dubai Precious Metals Conference (DPMC), scheduled to take place on 9th – 10th April at the Address Hotel, Dubai Marina.

The two-day event is set to explore challenges and opportunities facing the precious metals sector across key markets including China, India, Middle East and Turkey. It will welcome speakers and attendees from around the globe, including London Metal Exchange and DGCX.

With the theme ‘Connecting Markets and the New Era of Global Trade’, the event will bring together miners, investors, engineers, asset managers and professional services representatives from across the precious metals sector to explore the industry’s most pertinent topics. The discussions will focus on how shifting geopolitics will impact the trade flows of precious metals.

“With Dubai as a leading hub for the gold and precious metals trade, DPMC provides key industry stakeholders a platform to connect and strengthen relationships across the value chain at a crucial time. It is encouraging to see a high calibre of organisations assemble to provide context to the discussions and contribute to what we are sure will be insightful and thought-provoking conversations. The ultimate outcome is to prepare participants to navigate what will be an interesting year for the precious metals industry, a market worth over $300 billion globally, given shifting geopolitical sentiments”, Sanjeev Dutta, Executive Director, Commodities, DMCC, said.

The panels and workshops will look at various topics including the importance of branding in the global precious metals industry, applications of the global Shariah standard in gold, implications of taxation for gold in global hubs and the dawn of a new era in the global bullion industry.

The event will also focus on the future for precious metals and the new era of the bullion industry, including master classes in technology innovations in the industry, such as the role of 3D printing in jewellery manufacturing and understanding blockchain technology. According to the official release, representatives from GCoin and The Royal Mint will lead discussions around how blockchain works and supports transparency and efficiency for responsible sourcing, as well as its application in live transactions.

In addition, representatives from Sharps Pixley, London Metal Exchange, and Ekaterinburg Non-Ferrous Metals Processing Plant will facilitate a discussion on the dawn of a new era in the global bullion industry. A panel moderated by Gerhard Schubert, Founder and Managing Consultant, Schubert Commodities Consultancy DMCC, with participants including representatives from Amanie Advisors, Emirates NBD, and Bank Lombard Odier & Co, will discuss the new global Shariah standard in gold.

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