SoftMetal will provide participants with encrypted non-fungible electronic receipts for a unit of metal (ENFERUMs) for alloys stored at approved warehouses worldwide.
Powered by confidential computing: SoftMetal is built on the latest confidential computing technology and aims to guarantee total data security for all parties.
Cryptographic hardware and secure IT technology provides end-to-end encryption to protect the users' private data.
Counterparties and trade data are kept confidential. They are protected from modification by advanced technology, while also being fully auditable.
SoftMetal offers better price discovery and market-wide visibility. Users can tailor their bids' specifications to their own needs instead of relying on standardized categories. Such standards of alloys of multi-element metals may not always meet users' requirements or may not even exist.
SoftMetal has been founded and developed by UNICHROME AG, in cooperation with Secretarium LTD.
UNICHROME AG is a Swiss-based trading house with broad activities and deep expertise in metals and ores trading, within Europe, CIS, Asia, Africa and the Americas. It is the creator and owner of the concept of SoftMetal and leads its development and implementation in the metals and ferroalloys market.
Secretarium LTD is a London-based confidential computing deep-tech startup with historical roots in investment banking, blockchain and academic research. It is responsible for developing the software and full technical support of SoftMetal.