Datavault AI announced a $7 million printing agreement and 30% royalty partnership with MTB Mining Limited in Tanzania. This agreement will digitize rare earth minerals for trading on the International Elements Exchange™. MTB controls over 25 million metric tons of copper reserves and 2.44 square kilometers of proven mineral deposits. The partnership will bring MTB’s resources to the global market in digital form, with each unit of copper, gold, tin, or diamond having verified origin, ownership, and value. This move marks a significant step towards modernizing the authentication, documentation, and global trading of mineral resources.
The partnership with MTB outlines the transformation of physical assets into digital assets, reflecting the shift towards a data-driven economy. Through Datavault AI’s patented Sumerian® technology, rare earth minerals are being converted into traceable and tradable assets. The partnership also includes the digitization of the Windsor Ruby, a gemstone discovered near Winza village in 2007. Known for its deep red color and near-perfect clarity, the Windsor Ruby will now carry a permanent digital signature for authentication and verification.
This partnership signifies a milestone in technology and transparency, establishing a compliant and transparent pathway to digitize natural wealth on a global scale. The agreement also highlights the potential for similar transactions in the future, with the International Elements Exchange serving as a virtual marketplace for converting physical assets into tradeable digital proofs. Datavault AI is leading the way in AI-driven data experiences, asset valuation, and verification in the Web 3.0 environment. Their cloud-based platform offers comprehensive solutions across various industries, including high-performance computing licensing for sports & entertainment, events & venues, biotechnology, education, financial technology, real estate, healthcare, energy, and more. With a focus on collaboration, Datavault AI is building infrastructure for a data-driven economy where value is determined through authentication and trusted information.
Read more at GlobeNewswire: Datavault AI Menukar Bumi Mentah menjadi Kuasa Digital