Taiwan banks on blockchain in reshaping gold market
The post Taiwan banks on blockchain in reshaping gold market appeared on BitcoinEthereumNews.com. Homepage > News > Business > Taiwan banks on blockchain in reshaping gold market Taiwan is looking to capitalize blockchain technology in improving the trade efficiency and portfolio flexibility of its gold market, which is recognized to be one of the most abundant in the Asian region. Restructuring the local gold market was a major topic of discussion at the 2026 Precious Metals RWA Tokenization Forum hosted by the Bank of Taiwan, where chairman Ling Jong-yuan announced to nearly 100 attendees from the financial sector and related industries a central bank initiative to explore gold tokenization using blockchain technology. Blockchain technology is now being utilized as a pivotal tool in transforming cross-border payments and traditional finance (TradFi). Various markets are getting their hands on the decentralized ledger to diversify their offerings, with asset tokenization becoming a fu