As a seasoned crypto investor with a keen eye for disruptive technologies and sustainability initiatives, this recent development by KINGHOOD Group has caught my attention. Having witnessed the rise and fall of numerous blockchain projects, I can attest to the fact that companies like KINGHOOD, which combine technological innovation with environmental responsibility, are the ones that truly stand out.
Between September 18th and 22nd, 2024, KINGHOOD Group, one of Fortune China 500 companies, attended the Jewellery & Gem World (JGW) Hong Kong event. At this gathering, they unveiled for the first time in Hong Kong, the international version of their Smart Gold Store. This new concept offers a sustainable and intelligent gold buying and recycling experience, similar to an ATM’s convenience. During the event, KINGHOOD displayed their technology at the International Premier Pavilion (IPP), featuring a self-developed smart gold recycling terminal and a self-service gold jewelry purchasing terminal.
At JGW Hong Kong, a hub renowned for linking various players in the global jewelry market, more than 3,300 exhibitors showcased their products, along with almost 54,000 buyers from 142 different countries. This venue provides an essential space for broadening business connections and establishing collaborations within the jewelry industry.
Earlier this year, KINGHOOD’s dedication to gold recycling was celebrated as their Smart Gold Store received the “Manufacturing Innovation Award” at the 2024 Jewellery World Awards (JWA). This recognition highlighted KINGHOOD’s endeavors in eco-friendly resource recycling and minimizing pollution during the gold recycling process. During the “Sustainability Heroes Panel Series” at the JGW event, the company’s Operations Director, Wang Wei, emphasized the significance of sustainability, discussing sustainable practices within the jewelry industry alongside other industry leaders.
Gold recycling has become a critical component of sustainability in the gold industry, as traditional mining methods have significant environmental impacts. KINGHOOD’s smart recycling terminals aim to reduce reliance on new mining resources by offering consumers a more convenient way to recycle gold.
By September, KINGHOOD had set up smart gold outlets in approximately 40 major Chinese cities, offering consumers a hassle-free and wide-ranging gold shopping experience. The company’s groundbreaking strategies for gold recycling, purchasing, and customization could revolutionize the industry and open up fresh avenues for growth.
At the recent JGW event, KINGHOOD unveiled its globally-friendly iteration of the Smart Gold Store, equipped with sophisticated hardware. This includes a versatile scale that switches between different global measurement systems and a universal detector, ensuring an exceptional precision of up to 0.01%.
This technology has attracted interest from merchants in countries such as Singapore, Morocco, and India. KINGHOOD’s goal is to expand its Smart Gold Store into international markets, offering a scalable solution that enables global consumers to engage in gold transactions with ease.
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2024-09-25 22:35