Gold is one very valuable asset with rarity & other qualities that has over the years made it a veritable store of value, a precious ornaments and a unique transition metal but over the years the weight & attendant risk that comes with holding gold seem to have discouraged alot of people from holding gold. But with the digital gold blockchain enabled platform physical gold has finally meet cryptocurrencies, with the digital gold 1gram of 99% fine gold will be equal to 1 digital gold. The digital gold is poised towards giving users the ability to buy & own coverage in physical gold using it's ERC-20 based GOLD token. Digital gold project offers a plethora of advantages for it's teeming users especially the gold market, it portends a newer & better blockchain dimension that gives one the ability to purchase & save Gold tokens in a secured, guaranteed & anonymous process that is completely unsusceptible to any form of price/value volatility. Having 1 gold token is equivalent to having one gram of physical gold. Digital gold project provides ease & transparency in the gold market because it eliminates all erstwhile cumbersome procedures, provides comprehensive and corrigible reviews that will help buyers to access & select the best of options. Buyers in doubts are at liberty to verify not just the authenticity of gold tokens but can also confirm if there is actually enough gold in the vault to meet the available digital gold token, digital gold gives more users the opportunity to be a part of the very many profits that comes from long term investment in gold asset.
Security is guaranteed because digital gold is developed to operate with blockchain technology, the blockchain technology will foster an unparalleled level of digitization of the financial markets via Gold token using Ethereum network. The concept is simple yet very economical, secured, transparent & effective. The flexibility of the process makes it possible for one to easily make purchases and payments using gold as a payment medium & store of value without stress.
The digital gold Innovation is self-sustaining and so those not have initial coin offering & crowd funding from the public, the digital gold token is poised towards creating a fundamental change in gold function, it will make gold a medium of investment & means of payments that will be accepted all over the world.
PECULARITIES OF DIGITAL GOLD PROJECT.
No transfer fees and minimal cost: payments can be made in gold at zero transaction fees, all Service cost are far lower if compared to the erstwhile cost/modalities of storing physical gold.
& safe investment option: gold is one asset that has over the years proven to be that asset with long time stability & high purchasing power which makes it a hedge against price volatility.
security: the quantity of physical gold is equal to the amount of digital gold tokens, all stored gold are not just stored in vaults but have very good risk management services like insurance (Chubb insurance).
High liquidity: the digital gold project liquidity is high, tokens can be easily sold on different exchanges, digital gold offers services that are not limited to local business hours which means it operates round the clock.
Anonymity transaction: digital gold gives gold lovers the opportunity to for the first time own gold without having to provide information for compliance obligations.
CONCLUSION
Digital gold is a unique project that gives one the ability to use cryptocurrencies in place of physical gold that is stored securely in a vault in Singapore. Digital gold is efficient, transparent, convenient & secured that will make gold become not just a store of wealth but also a rapid means of payments.
For more information visit:
Website: https://gold.storage
Facebook: https://facebook.com/golderc20
Twitter: https://twitter.com/gold_erc20
Telegram: https://t.me/digitalgoldcoin
Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
Whitepaper: https://gold.storage/wp.pdf
Author: Deathproxy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=58767