Amilabs, Ltd, a Bangkok based fintech company has developed the technology to digitize and transact on the bitcoin blockchain virtually any physical or electronic asset, commodity, security or currency in the most secured and efficient way. This is achieved without using traditional financial or banking payment systems such as SWIFT, and at a fraction of the cost. It opens possibilities for cost efficient incorporation of new companies on the blockchain, crowdfunding efforts, creation of decentralized exchanges to trade shares of new companies, along with commodities, securities, and currencies.
Our flagship project is MidasRezerv.com, which allows investing, trading, and making payments with physical gold using bitcoin technology. 1 MRCoin is fully backed by 1 gram of physical gold, stored in secured, fully insured and auditable vaults, with the bank guarantees and safekeeping records.
We also have technology to enhance and optimize the online gambling and betting industry by providing transparency and automation using smart contracts. In addition, our solution (Chainy.link) allows document management by digitization on the blockchain. Potential applications include legal contracts, patents, medical, government and other records to provide proof of existence, custody and audit.