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Orebits & Symbiont Deploy Distributed Ledger Technology to Digitize Gold Ownership

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Orebits Corp., a provider of digitization services for unrefined commodities, and Symbiont, a distributed ledger technology company, have partnered to bring clients of Orebits Corp. the opportunity to invest in unrefined gold via “smart certificates.” The certificates, called “orebits,” are digitized assets, backed by proven gold reserves, which can be exchanged electronically on a peer-to-peer basis. The first orebits were issued on Symbiont’s platform on March 10, 2017.

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