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The Bolivia Blockchain Association (Asoblockchain Bolivia) members plan to submit a proposal to the government to tokenize gold and other precious metals on Ethereum, enabling full traceability from mine extraction to national reserves to combat corruption and enhance resource management transparency. Project initiator Edwin Portugal stated that this system can prevent smuggling and embezzlement, as well as record environmental compliance information. The proposal also envisions issuing gold-backed tokens for trade, taking inspiration from Bhutan's launch of a national gold token on Solana. (CriptoNoticias)