RE: A Gold Standard for and by the Masses.

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A Gold Standard for and by the Masses.

in bitcoin •  6 years ago 

Curious to know if there are other projects like this already out and if so, how is this unique? Definitely like the idea of essentially tokenizing existing assets to make transactions easier and faster.

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Tokenization of gold has already been dabbled with. However, this is the project to turn that tokenized gold into a global currency. ABX.com is initiating Kinesis; the parent company has the infrastructure and reach to access massive amounts of physical gold, connect market makers, and provide payment channels.