From year to year and time to time Gold remains one of the most valuable items in the world, whereby is worth in a country is not different from other countries, i.e its has universal acceptability, due to its inherent quality which makes every industrialist and innovator often derive something of value in it, due to its durability.
Due to most of the inherent quality, it cut the eye of both investor, producer, manufacturer, and burglar also, the worst among those aforementioned is the latter, because it has been observed in time past, wherever gold is been kept there are always a lot of different theft attempt.
Due to the problem of the theft attempt gold owners do face, it discourages individuals to purchase gold because of safety as to where to keep it.
Even the current platform provided by banks, that allow individual to safe gold in their vault, requires a lot of paperwork and a huge amount of money to be charged by the bank since the bank will be providing a sophisticated means of securing their vault, in which the paperwork and fees might later piece one-off the gold owner at the later end.
All the problems one is facing as to own gold can be brought to an end with Digital Gold.
What is Digital Gold?
Digital Gold is a blockchain support project that provides one with a Gold token which is been taken as actual gold purchase, in which the same worth of Gold is been purchased by the project and stored in a secured vault. The Gold purchase is insured by the biggest reputable insurance company and secured in the company vault to the extent of replacement value.
However digital gold platform provides one with great security to the peak with help of blockchain technology which remains inaccessible by an unauthorized party. What all users need to do is to keep all their information as regards their account of the gold token from third parties i.e their private key.
The amazing part of the digital gold token is that it can be taken as a stable coin, since is been pegged to the price of gold, and any stable coin is always pegged to other something of value which can be currency or assets and sometime its collateralized.
As a result of the pegging, customer minds are meant to be at rest because all gold token worth in circulation is the same value of the company reserve which is in form of gold, which makes user token get protected from high market volatility.
The purchase of gold token is done with ease through Ethereum based smart contract due to the significant influence of Ethereum by depicting high-level worthy act that some other cryptocurrency projects fail to achieve.
Benefit of Digital Gold
- Inflation Hedge: with digital gold inflation is been hedge against
- Supply constraint is been evaded because in past years and recent years their has been scarcity in the supply of gold but with digital gold investor can get as much they can
- Digital gold is also a means of portfolio diversification
CONCLUSION
On a final note, 100% of gold tokens purchased are backed and covered with physical gold, and the token is gotten with ease, and the investors do not have the course to border about with the problem of theft and burglary, because with digital gold all the problem of Gold investment is evaded.
For more information visit:
Website : https://gold.storage
Whitepaper : https://gold.storage/wp.pdf
Telegram : https://t.me/digitalgoldcoin
MY BTT Username: Kehindem
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=2837181;sa=summary
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