Crypto Academy Week 7
Homework Post for [@yohan2on] Digix gold coin
What happiness the crypto academy continues, and this week we continue talking about stable coins, without a doubt it is clear the importance of these coins, which are an important part of the DeFi ecosystem, but many of these stable coins are seduced by the abundance of centralism, others for their part remain faithful to the main idea of decentralized, free and fully auditable currencies. This week I will talk a little about the Digix coin, another stable coin that has been growing little by little and that is looking for a position among the most important stable coins, of course it is a bit difficult since there are many options that are already established and others that have been emerging in this very competitive and fun world of digital currencies.
Digix
It is a stable coin that is backed with gold, for each Digix issued a gram of gold is backed with this currency, you could say that it is digital gold, this currency can be transferred like any other stable coin, and has been created by the Digix company, this came to create a proposal of physical assets with smart contracts, this currency is 100% centralized since each token is backed by a gram of physical gold, thus engineering the proof of origin, which its main function is to support each token created.
Seguridad de Digix
Digix Security
One of its main strengths is that the digix company every time it issues a token of these that has the value of real gold, these can be verified depending on the real gold bars that are in custody. The system allows this protocol to track and see each movement made of these physical gold assets from the one that provides the gold to a custody coil, and this entire process is of course registered in the chain of blocks of this currency, one of The things to keep in mind is that the property of the gold and everything that has to do with its storage is verified with real documents, which are stored in a database, especially for this type of exchange.
Un poco de historia.
A little history.
This project in question began in Singapore in 2014, this being the first official collection that Ethereum had. Its sale was scheduled and organized to conclude after 30 days but reached limits that not even its own creators expected with sales of 5.5 million dollars, in a few hours more than 1.7 million tokens and the equipment had been sold as expected 300 thousand tokens were reserved.
Creadores y equipo de trabajo.
Creators and work team.
Digix está bajo la dirección de sus tres fundadores, Kai C. Chng, Anthony Eufemio y Shaun Djie. El primero es graduado de la escuela de negocios de la Universidad de Nueva York y un antiguo trader de HSBC. Su interés en la tecnología blockchain lo llevó a dejar su trabajo y dedicarse de lleno al proyecto.
Anthony Eufemio se graduó de USC Viterbi y ha trabajado en desarrollo de software por más de 18 años. Por último Shaun Djie es el “coordinador principal del mayor grupo Meetup de Ethereum en Asia” y colaborador de “Smart Nation Research” para el gobierno de Singapur.
Digix is led by its three founders, Kai C. Chng, Anthony Eufemio, and Shaun Djie. The former is a graduate of New York University Business School and a former HSBC trader. His interest in blockchain technology led him to leave his job and dedicate himself fully to the project.
Anthony Eufemio graduated from USC Viterbi and has worked in software development for over 18 years. Lastly, Shaun Djie is the “main coordinator of the largest Ethereum Meetup group in Asia” and collaborator of “Smart Nation Research” for the government of Singapore.
El alcance social de proyecto
The social scope of the project
Currently they are very active in all their social networks, especially their twitter page where they inform their followers day by day of the price of gold, apart from many recommendations when investing in cryptocurrencies and stable coins.
Pagina web
Web page
Sencilla y facil de entender, se puede decir que puedes encontrar toda la información que buscas en ella.
Simple and easy to understand, it can be said that you can find all the information you are looking for in it.
Youtube
Cuentan también con su canal de youtube donde colocan videos informativos sobre su moneda y como comprar en su plataforma, un trabajo de marketing bien realizado.
They also have their YouTube channel where they post informative videos about their currency and how to buy on their platform, a marketing job well done.
https://www.youtube.com/digixglobal
Conclusión
Conclution
DIgix and its tokes backed in real gold means a leap and continuous growth to the world of blockchain since it represents the possibility of exchanging and trading with physical assets without the need to hold them in their hands, this provides stability to investors plus an enviable security to the offers made, not to mention that each gram of gold will be registered and audited and then verified through the DIgix blockchain, it is a revolutionary change that totally changes the plans of buyers and investors, facilitating the work in their transactions since it can be carried out commonly like any other digital currency, with the benefits of being able to trade precious metals.
@yohan2on
@steemcurator01
@steemcurator02
Hi @mayepariata
Thanks for attending the 7th -Crypto course on stable coins and for your effort in doing the given homework task.
Feedback
This is very good work. Well done with your research on DGX
Homework task
10
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Buenos días Profesor! muchas gracias por revisar mi tarea, seguimos avanzando en conocimientos.
Good morning teacher! Thank you very much for reviewing my homework, we continue to advance in knowledge.
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Post muy completo. Excelente
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