Ghana Gold Board to launch blockchain tracking system by end of 2026
Gyamfi said the system will use blockchain to record the movement and sale of each gram of gold purchased and exported.
Ghana’s Gold Board plans to introduce a blockchain-based track and trace system by the end of 2026 to ensure full traceability of all gold purchased and exported from the country.
CEO Sammy Gyamfi announced the initiative at the 2025 Dubai Precious Metals Conference on November 24, where he detailed ongoing regulatory reforms designed to improve transparency and eliminate illegal mining activities from the gold value chain.
The details
According to Gyamfi, the Track and Trace system is intended to verify and document the legitimate origin of every shipment of gold processed in the country.
- Gyamfi said the system will use blockchain to record the movement and sale of each gram of gold purchased and exported.
- He noted that licensed mines will undergo compliance audits to prevent them from acting as fronts for illegal operations. The platform will allow regulators to monitor the gold supply chain more effectively across all stages, he said.
- According to Gyamfi, the rollout is not optional but a legal requirement under the Ghana Gold Board Act of 2025.
Zoom in
Gyamfi had earlier announced that deployment would begin in the first quarter of 2026, but the schedule has been revised.
- He told delegates that the system is now expected to go live by the end of 2026 following more detailed procurement and deployment planning.
- Gyamfi said the Gold Board is seven months into operation and has already strengthened regulatory enforcement ahead of system deployment.
- Gyamfi stated that the board is developing an ISO-certified assay laboratory to modernize gold testing and improve validation of artisanal and small-scale mining (ASM) output.
Why it matters
Gyamfi said the Track-and-Trace system will align Ghana with international efforts to use digital traceability to deter smuggling, improve supply-chain oversight and give buyers confidence in provenance.
- Ghana joins a list of countries that experiment with blockchain to track minerals and improve transparency and verification in different sectors.
- Earlier this year, the Democratic Republic of Congo announced the launch of a blockchain-based platform to store and verify the authenticity of state-issued diplomas.
- The Republic of Mauritius launched a blockchain-based verification service in 2023 to be used in the education, health care, production, and legal sectors of the country.
- In the same year, the president of Botswana, Mokgweetsi Masisi, endorsed blockchain technology in the diamond production sector.
