DIGITAL GOLD PROJECT: DIGITALIZING THE GOLD-TRADING MARKET
INTRODUCTION
DIGITAL/ELECTRONIC GOLD is a Block-chain-powered project, created/designed to encourage/facilitate the digitalization of the finance/money markets, and their respective trading instruments. Before we elucidate more on Digital/Electronic Gold, let us take a tad look on Block-chain itself and Gold: for us to better understand what the Digital/electronic Gold project is all about, it's very imperative we discuss Block-chain and Gold.
It's no longer news that Block-chain Technology has countless potentials. Initially, the impact Block-chain has was basically or exclusively on digital currencies, and this had been for several years. It was used in the facilitation of crypto transactions in the crypto- Ecosystem (market). The crypto- market/environment, till today, owes it's improved performance to the power that Block-chain brought it. Block-chain disclosed a lot of possibilities for the market. Many, that are well-informed about Block-chain, concur that Block-chain can drastically and completely bring about progressive changes (and development) in most (if not all) of the the industries of the world.
Today, Block-chain Technology seems to have risen and gone beyond what we can describe or narrate perfectly.
GOLD AND THE SOCIETY
Gold is a natural, mineral-resource that is mined from under the soil/ground and refined, then processed into various forms or shapes for use.
Gold, (chemically known as 'Aurum' and denoted with the symbol, 'Au'), actually stands confidently as one of the most ancient commodities for trading all over the world.
The society has utilized Gold for a very long time. In it's history, Gold played many roles:
Highly qualitative payment means: Gold was of higher rank and value than every other exchange medium, then. Commodity for trading: Gold also served as commodity being traded in the international/domestic market
Superb storage value: It also served as a bold, trusted means of storing value or worth. In addition, it was very valuable and expensive.
Nevertheless, today, Gold, as a trading commodity has experienced decrease in popularity and acceptance, as well as usage.
What the Digital/ELECTRONIC Gold Project is doing for GOLD
For all these years that Gold 'reigned' (even though it began to decrease in usage when technology kept advancing), some people still held on to its usage and utilities because did its price integrity (very stable) and its superb value-storing capacity.
However, there were challenges and complications: the gold market procedures were too complicated, and there the conditions necessary for acquisition was not really favorable. Here comes the Digital Gold stablecoin project to solve the prevailing problems in the industry.
DIGITAL/ELECTRONIC is a bold and creative/innovative project that intends to achieve the following:
Close the gap between gold and the digital market
Exploit the potential of Block-chain and use it for storing, trading or using gold
Introduce a method/medium so easy to understand and utilize.
SO, HOW DOES DIGITAL/ELECTRONIC GOLD WORK?
Digital/electronic Gold is an easy, comprehensive and safe means to invest/trade in real/physical gold online.
Every measure of digital/electronic gold purchased online by a customer would be backed by real/real/physical gold.
Digital gold that is bought online can simply be sold-back online at market rates without any restrictions. There will be no complications and it will be seamless.
IS BUYING GOLD ONLINE ACTUALLY SAFE/ADVISABLE?
Trading Gold online is as safe and secure as trading real/physically but is even more secure and safer. There is no need for panic. In addition, trading Gold online pays you so much because there are no unnecessarily high charges such charges due to presence of intermediaries. The amount you pay for the acquisition of digital/electronic gold is only for the gold's value, and there are no miscellaneous fees or extra charges. The online market is secured by the very immutable, reliable, transparent Block-chain Technology.
Kindly visit the below website for more in depth knowledge about the project
Website: https://gold.storage/
ANN Thread: https://bitcointalk.org/index.php?topic=5161544
Whitepaper: https://gold.storage/wp.pdf
Twitter: https://twitter.com/gold_erc20
Telegram: https://t.me/digitalgoldcoin
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20
Author: Adaora
Bitcointalk username: Adaora2323
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2011741;sa=summary