Motahareh Dehghan - Department of Industrial & Systems Engineering Tarbiat Modares University
Hadis Feizi - Department of Industrial & Systems Engineering Tarbiat Modares University
Sara Houshmand - Department of Industrial & Systems Engineering Tarbiat Modares University

Molten gold ownership transfer holds both historical and economic significance. It is an essential aspect of financial and wealth management practices. Traditional systems for transferring molten gold ownership are inefficient, vulnerable to fraud, and they are plagued lack of transparency. Blockchain technology, with its decentralized, immutable, and transparent nature, offers a promising solution to these challenges. This paper explores the transformative potential of blockchain technology in revolutionizing molten gold ownership transfer. The transfer of molten gold ownership through blockchain provides a safe and transparent way to track and verify the ownership of the gold assets. The proposed model allows the creation of digital tokens that represent physical gold and can then be exchanged on a blockchain platform. By demonstrating the transformative potential of blockchain in molten gold ownership transfer, this paper contributes to the evolving discourse on the intersection of blockchain technology and asset management, setting the stage for a more efficient, secure, transparent, and distributed gold market.

Molten Gold, Ownership Transfer, Blockchain Technology, Token, Smart Contracts