Valcambi has continued to further commit to ASM, has obtained Fairmined and Fairtrade Certification, and has joined the Swiss Better Gold Association (SBGA) and the European Partnership for Responsible Minerals (EPRM).
In 2017 Valcambi started to search for a solution to protect its products against the growing threat from counterfeiting and adopted the new authentication technology developed in Switzerland by paira suisse ag.
Since beginning of 2019 Valcambi is using this new technology and the added security of this system. A unique and encrypted digital fingerprint for each bar has been created and does therefore not require any physical or chemical changes or additions to the kilo bars produced.
In 2019 Valcambi started to work together with a startup called aXedras and asked them to program two new modules called aXCirculation and aXProvenance to increase the traceability for Valcambi’s new bullion bars.
In 2020 we adopted a new Secured Data Storage (SDS) system that strengthens and automates our precious metals sourcing process and allows increased transparency and sharing of information based on block chain technology and accessible to all appropriate auditing parties.
In 2022 Valcambi started to search for a local partner in Saudi Arabia with the target to build a new LBMA Good Delivery Refinery in Saudi Arabia, Riyadh.
In the same year we have introduced a new Risk Management Application (RMA) in order to create and receive a better pre warning of situations which are relevant and are going to happen.
After years of being at variance with ASCFMP regarding transparent sourcing Valcambi leaves ASFCMP in 2023.