According to Carlos Andrés Mejía, co-founder of Trazoro, this venture, which began with Ruta N, seeks to centralize all the information of the producers, or subsistence miners, who are registered with the authorities. Thus, it becomes possible to verify, using the fingerprint -thanks to the integration with a technological operator authorized by the Registry- if this person is real; as well as leaving a digital record of your documentation so that it cannot be altered.

In this way, Mejía noted, it is possible to legally continue with the purchase, export and receipt of money from gold sales; that is, Trazoro becomes a technology compliance officer. And to achieve this, the company applies the technologies of the Fourth Industrial Revolution, such as Blockchain, IoT and Big Data, thus ensuring the traceability of each of the transactions of precious metals, such as gold, in Colombia.

“We started in 2015 as just software, but we have already become a technological strategy such as software as a service (software as a service), which helps the correct commercialization of precious metals. And it is a strategy because it is not only about a platform but it has to do with actions that seek to guarantee the quality of the data and its transparency,” said Mejía.

The main clients of this technology company are traders of precious metals. “We help them so that their business can be inserted in the financial system. They hire the service, buy the hardware that captures their fingerprint and signature, and it is already transacted through the cloud,” said Mejía.

And it is that one of the reasons that creates in the marketers the need to resort to the services of Trazoro is the recognition of the costs by the Dian.

“The marketer says: ‘and why am I going to get involved if nobody is demanding that I use these kinds of platforms.' However, one of the country's problems is that the financial sector still does not trust mining, therefore it does not open accounts or provide financial services as easily to suppliers or producers. And this means that every time the marketer pays its suppliers in cash, the Dian will not recognize those costs”, explained Mejía.

Precisely, in order to generate that trust between the financial sector and mining, the new financial inclusion law for miners came into force this year. (See To know more). And this, in turn, represents an opportunity for Trazoro, since it would become a guarantee to assure banks that there is no money laundering, for example.