Metex Technology

What is Blockchain?

In this Age of Information, by allowing the information Blocks to be distributed without modification, Blockchain potentially opens upto a plethora of disruptive technology opportunities. Originally created as a digital currency, today there are numerous use cases of Blockchain as a technology that is almost certain to change how the future will be shaped.


  • Coin Desk

Future of Security Tokens

Metex Technology

As the needs for asset backed tokens which denotes a true store of value increases for the industry and community, the future of security tokens looks to be on the rise. While the Blockchain decentralization aspects contributed in the meteoric rise of Blockchain assets, many have been speculative in nature for the lack of tangible security associated with the tokens. Secured Tokens backed by real life physical tangible value looks to bring stability and security for which looks like a truly disruptive future.

Metex Technology

Token Design

  • Holds Value

    CHALLENGES

    Currency needs it to be able to maintain its value over time relative to other forms of currency.

    SOLUTIONS

    For over 5,000 years Metals have intrinsic utility for the trading and store of value for trading in goods & services that holds value better than fiat currency.

  • EXCHANGEABLE

    CHALLENGES

    Currency can be transferred into one form of currency, goods or services easily.

    SOLUTIONS

    Digital Assets can be converted to other forms of currency

  • PORTABLE

    CHALLENGES

    Currency needs to be easily to move, and transfer as a medium of exchange.

    SOLUTIONS

    Metals are not easy to transport physically. However the digital form of these assets can easily be transported securely via the blockchain.

  • DURABLE

    CHALLENGES

    Currency needs to hold its value despite the wear and tear of regular use.

    SOLUTIONS

    Metals do wear slowly, however in a tokenised form it can be used in everyday coffee payment solutions. Computer code is not subject to wear.

  • RECOGNISABLE

    CHALLENGES

    Agreed that customers and merchants can use this for trade exchange.

    SOLUTIONS

    All customers can trade metals or crypto, as it is convertible to fiat.

  • DIVISIBLE

    CHALLENGES

    Currency ideally needs to be divided into smaller parts of the total unit of measure. Metals also cannot be divided easily, dividing it digitally is ideal.

    SOLUTIONS

    Metals can be reduced into fractionalised smaller divisible assets, for trading through digital versions of these DLT systems.

  • CONSISTENT

    CHALLENGES

    Its unit of measure does not diminish with time or use.

    SOLUTIONS

    Consistent composition in the metals and blockchain code ensures this.

  • SECURE

    CHALLENGES

    Fiat and many exchanges are not able to be audited remotely. Many Metals assets online are not easily auditable and need assurance of the funds.

    SOLUTIONS

    Metals can be auditable and backed up on the DLT blockchain ledger. Our objective is to create a stable DLT cryptocurrency, that is a store of value.

Our Inventory

Throughout the history of the world of all coins are produced using alloys, or mixtures of metals; the main metals used include copper, nickel, zinc and iron. Why Does the Metal Value Matter? For base metal coins, coins made from copper, nickel, zinc, aluminium, etc., this is usually not of relative importance. Unless the prices for these metals experience some sort of market fluctuation that drives the price unusually high. For example, in 2011 a pound of nickel was selling for over $14.00 USD per pound. In 2016, it is selling for less than $4.00 USD per pound. Copper was experiencing a similar peak in price at this time also. Because of the rising price of nickel and copper that began in 2005, the United States passed a law that made it illegal to melt pennies and nickels for their metal content. Additionally, it is illegal to carry more than five dollars worth of pennies and nickels outside of the United States when travelling. Metex Metal Tokens can become the future of commerce.

Gold

GOLD

Gold has long been used as a medium of exchange and store of value, with its first use over 6000 years ago. Early fiat currency was backed by gold held in safekeeping for every unit of money that was placed in circulation.
Due to its ductility, and corrosion resistant properties and conductivity Gold is extensively used in medicine, computers, electronics, jewellery, dentistry, coins, space, art and more. Jewellery is the most common usage, followed by investments.
Ticker

MTA-MAu

Dots
Value

1 | Gm

Dots
Silver

Silver

Silver has been used for trade, since ancient times. Silver is more abundant than gold, but silver is still rare and valuable, making it a convenient store of wealth. In the past, people accumulated their wealth in the form of silver coins; today, they invest in investment-grade silver bullion.
Silver is also used for mirrors, dentistry, brazing alloys, photography and has extensive uses in electrical devices. It also has medical uses due to it’s antimicrobial, non-toxic qualities.
Ticker

MTA-MAg

Dots
Value

10 | Gm

Dots
Platinum

Platinum

The "trillion-dollar coin" is a US concept created during the debt-ceiling crisis in 2011, to raise the country’s borrowing limit, through the minting of very high-value platinum coins.
Platinum is used in diesel catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and jewellery.
Ticker

MTA-MPt

Dots
Value

1 | Gm

Dots
Palladium

Palladium

Sierra Leone issued the first palladium coins in 1966, then followed by Tonga in 1967. Since then several countries have issued palladium coins, including Canada, Russia, France, Palau, Portugal, Russia, China, Australia and Slovakia.
Palladium is used in car petrol catalytic reactions in industry, as well as in jewellery, dentistry, watch making, blood sugar test strips, aircraft spark plugs, surgical instruments, and electrical contacts. The main use is in car exhaust catalytic converters.
Ticker

MTA-MPb

Dots
Value

1 | Gm

Dots
Nickel

Nickel

The first Nickel coin was the Swiss Rappen in 1881. All U.S. circulating coins except the penny are made of alloys that contain nickel. Canada used 99.9% nickel from 1968 until 2000. Coins still made with nickel alloys include one and two-euro coins, and UK coins.
Nickel alloys are increasingly being used in making rechargeable batteries for portable computers, power tools, and hybrid and electric vehicles. Nickel is also plated onto many fixtures to reduce corrosion and provide an attractive finish.
Ticker

MTA-MNi

Dots
Value

10 | Gm

Dots
Aluminium

Aluminium

Aluminium was first used in 1907 in East Africa & Uganda. Aluminium is extensively traded between nations to this day.
The major uses for aluminium metal are in: transportation, packaging, aerospace structures and construction. It is used as pure metal only when corrosion resistance and/or workability is more important than strength or hardness.
Ticker

MTA-MAl

Dots
Value

10 | Gm

Dots
Zinc

Zinc

Since ancient times it was used to help create bronze alloys. Used extensively in many civilisations for everyday items.
Zinc has strong anticorrosive properties and bonds well with other metals. Zinc is currently the fourth most widely consumed metal in the world after iron, aluminium, and copper. The adult human body contains between 2 and 3 grams of zinc.
Ticker

MTA-MZi

Dots
Value

10 | Gm

Dots
Tin

Tin

The first tin alloy used on a large scale was bronze, made of tin and copper, from as early as Bronze Age. Tin coins played big role in the 17th century England, as the coinage gave the Crown a significant profit margin.
Tin has wide applications in battery applications, corrosion-resistant tin plating of steel. Because of the low toxicity of inorganic tin, tin-plated steel is widely used for food packaging as tin cans.
Ticker

MTA-MSn

Dots
Value

10 | Gm

Dots
Cobalt

Cobalt

The country of Cameroon first used cobalt-plated iron coins in 2005.
Cobalt is found in the Earth’s crust only in chemically combined form, save for small deposits found in alloys of natural meteoric iron. Cobalt has been used in the production of highperformance alloys and rechargeable batteries.
Ticker

MTA-MCo

Dots
Value

10 | Gm

Dots
Copper

Copper

Copper was one of the first metals mined and used by humans, and it has made major economical contributions to the growth and development of the civilization.
Copper is used in power generation transmission, electronic devices, copper wiring and plumbing are integral to the appliances, heating and cooling systems, and telecommunications links.
Ticker

MTA-MCu

Dots
Value

10 | Gm

Dots

Current Metal Values

METALS TICKER METAL VALUE
Gold MAu 1 Gram
Silver MAg 10 Gram
Platinum MPt 1 Gram
Palladium MPd 1 Gram
Nickel MNi 10 Gram
Aluminium MAl 10 Gram
Copper MCu 10 Gram
Zinc MZn 10 Gram
Tin MSn 10 Gram
Cobalt MCo 10 Gram

Metex is also working on a Lithium token

Solution Based Approach

  • RESOURCE ACCESS

    CHALLENGES

    In the metals trading industry, large financial & industrial players benefit from scaled discounts, not available to retail investors.

    SOLUTIONS

    METEX is located in Australia, that is uniquely positioned with its large access to resources to cost store and digitise assets for regulated trading.

  • LESS 3rd PARTIES

    CHALLENGES

    New traders in metals need to meet minimum volumes, often through brokers and third parties.

    SOLUTIONS

    METEX has no third party intermediaries. We source from the Mine Producers wherever possible.

  • COMPLEX PRODUCTS

    CHALLENGES

    Investors are required to deal with complicated products like Options, EFTS, Futures, TAPOS (Traded Average Prices Options), MINIS and MONTHLY averages.

    SOLUTIONS

    METEX offers simple ownership, simple trading, with no complicated contracts.

  • MULTIPLE SYSTEMS

    CHALLENGES

    In order, to trade across any of these assets and classes in metals or cryptocurrency, this is normally done over multiple systems.  

    SOLUTIONS

    The METEX will be a leading metals investment vehicle and trading platform which will open up this asset class to the masses through the power of blockchain by making metals tradable in any quantity or approved form, for investors, easy.

  • EXCHANGE COSTS

    CHALLENGES

    Current Metals trading platforms are complicated and geared predominantly for institutional investors and large trading houses. Metal ETFs carry high costs and generally don’t allow investors to customize their portfolios.

    SOLUTIONS

    METEX has low trading fees, by Tokenising Metals, METEX eliminates the need for high-cost trading intermediaries (who currently accumulate most of the profits from trading) and dramatically reduce costs in the system.

  • LOWER PREMIUMS

    CHALLENGES

    Traditionally retail metals investors have been charged significant premiums to purchase small quantities of metal.

    SOLUTIONS

    All METEX metals secured in METEX Vaults, that are tradable in smaller divisible amounts via its DLT based technology. So members can buy a coffee with a smaller portion of a 1 kg of Gold, backed tokens.

  • METAL AUDITABILITY

    CHALLENGES

    Currently, it is challenging to audit gold assets remotely. METEX plans to ensure that all metal assets are auditable by being fully backed and will follow industry conventions.

    SOLUTIONS

    METEX can use DLT based and IoT technology to help audit systems. METEX is 100% backed and Community Ownership Auditability. METEX is developing an auditing process Proof-Of-Reserves (PoR) with DLT technology.

  • GOVERNANCE

    CHALLENGES

    Many countries do not have the high regulatory controls, and this makes it hard for investors to be assured of their investment securities.

    SOLUTIONS

    METEX is a proudly Australian Company and shares its voting rights to ensure its assets are safely managed.

Metex Technology
Metex Technology
Quote From

Chief Executive

METEX makes trading metals accessible and easy for everyone. We are helping to create confidence and a desire to hold ownership in metals by the masses once again.