DIGITAL GOLD; A DIGITALISED APPROACH TO GOLD POSSESSION
INTRODUCTION
Gold is among the oldest traded commodity. This commodity has been in use for many years now. During this period of history, it has actually served a huge number of people who invested in it. Then it was used as a payment settlement commodity, marvellous storage of worth and value, and also merchandise commodity.
Today, there is a drastic decrease in gold prevalence as a method of making payments. People still seek it as a result of its low volatility of price and its wonderful potential in the storage of money.
However, Buying, keeping and trading of gold cannot be done by everybody despite the fact that its transaction has been for long. This has made the business not to be recognised as there is a particular set of people who can enjoy the goodies that come with these natural resources.
WHAT IS DIGITAL GOLD?
Digital gold a project that its development is based on blockchain technology. The project is carried out for the encouragement of the financial market digitisation and its afferent instrument for investment.
This will be achieved through the enablement of users buying some coverages as physical gold using the Ethereum (ERC-20) gold token. This project is of great merit to users, blockchain techniques and the gold market in particular.
HOW DOES THE DIGITAL GOLD PLATFORM FUNCTIONS?
To trade gold with the digital gold, interested customers will buy the gold token instantly from the platform. A purchased coin is equivalent to a 99.99 percent fine fold with the weight of one gram. The amount of token bought by each user is kept in the vault of the company.
The token therefore allows users to indirectly transact with gold or has it as a store of wealth. The procedures used in the achievement of this token is very easy.
FEATURES OF DIGITAL GOLD THAT SINGLE HANDED THE PLATFORM
1. A Token With A Low Cost And No Transfer Charges
With the integrated Ethereum blockchain, investors can decide to transfer the token to all part of the world. This process is done without the fear of any volatile transaction charges. This is because the transfer of tokens is chargeless.
Customers can make payments without any limitation because there is no specification of account limit imposed by the service on any user.
2. The Privilege Of Portfolio Diversification And Security Of Wealth In A Secure Haven
There is a swing in the volatility of Crypto price recently. This has made its purchases highly risky. Majority of the coin that is available can not be trusted such that values can’t be kept on them at a long run because the market is not that encouraging.
Instead of continuous risking of that crypto, you can easily divert it to gold as it is also a stable mean if asset or wealth security.
Have been passionate about investing in gold business but don’t have enough resources to venture into it? Now the opportunity is here to own gold and transact with it through your investment in digital gold.
Website: https://gold.storage/
ANN.: https://bitcointalk.org/index.php?topic=5161544
TWITTER: https://twitter.com/gold_erc20
TELEGRAM : https://t.me/digitalgoldcoin
WHITEPAPER: https://gold.storage/wp.pdf
Writer BTT: https://bitcointalk.org/index.php?action=profile;u=1223251
Published at Mon, 26 Aug 2019 04:27:23 +0000
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