Introduction
Anytime we talk of gold, what usually comes to the mind of most people is wealth and prestige. Digital Gold is a blockchain-based project that intends to revitalize the digitization of the budgetary markets and their corresponding speculation instruments. Digital Gold seek to accomplish this by ensuring that clients buy inclusion in physical gold with the ERC-20 Ethereum-based GOLD token. Basically, this is made in a flash buy with the GOLD token and each coin is equivalent to one gram of 99.99% FINE gold that is placed away in the organization's vaults. Thus, the tokens allow clients to use gold to make money related exchanges, or use it as a means of riches stockpiling strategy.
The GOLD token is fixed to the estimation of the gold spot price, at the same time acting as a stablecoin. This makes it valuable to protect against market unpredictability on the cryptocurrency market, while allowing clients to profit by long haul gold value up rise.
Despite all the amazing facts, am still finding more about the Digital Gold venture since the platform is simply innovative. Initially, I thought Gold was only being purchased and put away for profit at the end of the day. There are a great number of ideas in the crypto world that seem very difficult to achieve on a page, there are many uncertainties on the market. In the past few weeks, I have researched more on saving in gold, obviously, on the grounds that is the central idea behind this venture and am glad DIGITAL GOLD have made this very simple with just few clicks on the Digital Gold site. More appreciation on that can be found on the official website; https://gold.storage/ without much stress on the official website.
THE BELIEF IN DIGITAL GOLD
To guarantee trust and transparency on the platform, am glad to discover that all reviews are enforced by https://www.bullionstar.com, a very credible organization that provides 600 distinct items crosswise on 10 unique classes identified with gold, DIGITAL GOLD also makes use of Bullion Vault Storage for their activities.
Everything is vivid as there are always stockpiling live review information on the https://www.bullionstar.com/myaccount/audit page and all can check everything cautiously. Liquidity is also assured at any point in time, this provides autonomous live reviews can easily be confirmed to provide the amount of tokens available for use, with the exact measure of vault-put away gold.
The amount of GOLD tokens available for use on any Ethereum blockchain network and equivalent to the real estimation of physical gold bullion placed in a protected vault in an organization with BullionStar – pulling vault stockpiling administration well positioned to the blockchain business. Singapore's solid property absolute rights settle on the nation of decision to store physical gold for the future generation.
Gold bullion can be confirmed consequently with BullionStar's Live Audit Reports. A quarterly report by an independent audit firm can always confirm the exact estimation of Digital Gold's bullion portfolio as part of the roadmap.
The details of the agreement by Digital Gold was inspected by Chain Security – a well-established Swiss organizations with experienced specialists who have practical experience in blockchain technology and all security issues associated with it . I guess all these undertakings are very sufficient to convince customers to trust such a gold away venture which is completely guaranteed by a main insurance agency.
Trust is obviously achieved by the decentralized Ethereum blockchain platform with its ERC-20 token. By this way, after owning one GOLD token, clients puts in a savvy contract which provides a measure of tokens available for use and always equates it to the measure of gold bullion in the organization’s vault. By this way, clients are well shielded from all liquidity issues, as there will be a sufficient amount of gold to cover all tokens. At any point in time, clients can trade their gold in a very convenient manner.
The GOLD token network makes use of the Digital Gold Marketplace to deal with the token for no extra costs except the general 'gas' cost for Ethereum-based exchanges.
CONCLUSION
Digital Gold is an innovation worth all the attention and consideration. Fine gold is simply been tokenized using GOLD tokens with just a few clicks on an online marketplace. This is very important as users can easily sell them immediately on the Marketplace. To make it more consistent, the tokens are pegged to the spot price of gold. This is simply amazing, all thanks to the team at DIGITAL GOLD and blockchain technology.
Get more details from the related links below:
Website : https://gold.storage
Whitepaper : https://gold.storage/wp.pdf
BTT ANN: https://bitcointalk.org/index.php?topic=5161544
Telegram : https://t.me/digitalgoldcoin
Twitter : https://twitter.com/gold_erc20
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20
PROOF OF AUTHORSHIP
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2522304
Am glad to see such projects coming up to digitize gold, it has been long over due.
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