January 19, 2026

DIGITAL GOLD; A DIGITALISED APPROACH TO GOLD POSSESSION

DIGITAL GOLD; A DIGITALISED APPROACH TO GOLD POSSESSION

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.

Published at Mon, 26 Aug 2019 04:27:23 +0000

Bitcoin Pic Of The Moment
✅ This image from Marco Verch (trendingtopics) is available under Creative Commons 2.0. Please link to the original photo and the license. 📝 License for use outside of the Creative Commons is available by request.
By trendingtopics on 2019-04-05 07:35:37
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