GOLDEN CURRENCY THE FUTURE HOPE FOR DEGITAL CURRENCIES

in ethereum •  7 years ago 

GOLDEN CURRENCIES THE FUTURE HOPE FOR DEGITAL CURRENCY

Golden Currency is a project of the first plenarily functional private currency, convenient and efficient infrastructure with utilization of modern technologies, including blockchain.

In other words, we are verbalizing about engendering a licit and independent private analogue of the Central Banks, which utilizes the accumulated experience and modern technologies to ascertain reliable and convenient currency.

Here are just some of the advantages that an incipient currency will provide:

presence in cash (paper, incognito) and non-cash form independence from the regime, political or economic situation in any country, but at the same time the consummate licitness of its functioning.

100% backed by gold, the storage and management of which is carried out independently of the issuer; the owners of Golden have assured opportunity to get gold in exchange for Golden.

utilization of modern blockchain technologies for currency infrastructure (starting from ascertaining the independent and reliable storage of gold, and ending with the implementation of payments and currency conversion).

convenient, expeditious and frugal conversion into any world fiat currenciesand crypto-currencies (a link between fiat and crypto currencies).

amiliar modern mazuma infrastructure - ATMs, bank cards, POSterminals, online banking, mobile applications, etc.

The entire infrastructure of Golden will provide its utilizer with such:

conditions that it will not matter in which currency to keep his mazuma in terms of functionality. And if so, taking into account the advantages of the Golden currency, it will be propitiously for the utilizer to keep mazuma in Golden, which is not subject to national risks and inflation.

The incrementation of the currency use, and consequently, the maximization of its turnover and the monetization of the project, will take place on the substructure of ascertaining and developing its competitive advantages

In Additions. Ten years ago the establishment of entities and systems that could be thoroughly transparent and virtually independent of certain people was arduous. And consequently the development of reliable independent private currencies, which could provide reliability and stability, relatively low risks for their owners and become competitive in comparison with national currencies, was virtually infeasible.

Blockchain invention and use sanctions you to deal with the germane issues and it can become a consequential competitive advantage for the currency that utilizes it. The theoretical substratum for the development of private currencies was developed in 1970s (optically discern, for example, Friedrich A. Hayek, Private Mazuma, 1976), but only now, thanks to blockchain, it is possible to establish efficacious private currencies, and Golden Currency is the first such project.

Blockchain is going to be utilized in all key elements of the incipient system:

  1. management and control of gold reserves - as a consequential element of reliability and transparency, publicity of the system.
  2. banking network - for cross-border payments, transfers, currency conversions - to ascertain celerity, reliability, universality, as well as for integration with the currency exchange.
  3. currency exchange – for fiat and crypto-currency exchange to ascertain the haste and reliability of transactions

In general, blockchain technologies will be aimed at ascertaining decentralization, control, providing link between fiat and crypto currencies and opportunities for banking and currency transactions, as expeditious as possible, with minimal costs to the utilizer.

Please for details about the token sale and Roadmap, trusted team members follow the links below.
Official Webite: https://www.goldencurrency.world/white_paper_eng.pdf
Whitepaper: https://www.goldencurrency.world/white_paper_eng.pdf
Ann thread: https://bitcointalk.org/index.php?topic=3217315.0
Medium: https://medium.com/goldencurrency
Official facebook page: https://www.facebook.com/GoldenCurrency.world/
Official twitter page: https://twitter.com/goldencurrency
Official telegram group chat: https://t.me/Golden_Currency

Author’s Details:
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1213121

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