Digital Gold | Blockchain-Based Gold Marketplace

in #blockchain2 years ago

To protect their value against the fluctuating prices of fiat currencies, many people including investors out there will choose gold as their main choice. Unlike other investment opportunities, the price of Gold does not fluctuate wildly, but instead steadily increases over time as a hedge against inflation. Internet has made accessing Gold easier through the Digitalization concept where people can buy Gold without having physical Gold. Digital Gold is a new platform that bridges Cryptocurrencies and physical gold through the Blockchain Technology, making it easy to access both at once.

Why Must Gold?

Inflation and high risk of devaluation are major concerns in the current economy. Gold is one of the best options out there as an hedge against inflation because it offers reliable long term investment, steady growth with low inflation rate. The main problem out there on other investments options like stocks, fiat or others is high Inflation Rate that makes a lot of people lost their wealth reserve value due to this kind of unstable market condition, but on Gold it's currently offering more affordable option for wealth reserve and investment that can be used by everyone and anyone that wants to secure their savings into something real which has always been there over time like gold.

Due to the rising inflation rates on some country economic system and also the uncertainty of value in some currency, Based on some analysis on the historical data during last 20 years Gold as an investment option has offered more higher return of more than 5% with a more lower volatility rate compared to some other investments such as Stocks, Commodities, Futures and Forex etc., Gold is an asset that has become increasingly popular as inflation in global economic systems continues to rise. When currencies lose their value, gold can be used as a store of wealth and as collateral for loans or saving. Many countries also use gold as a reserve currency and consider it a safe investment because of its limited supply then through Digital Gold it will offer a new kind of blockchain-based gold market where it'll bridging gold with the cryptocurrency.

Access Gold Easily

With the rise of digital assets and cryptocurrencies, users have many different options for investments they can access. There is the option to purchase individual physical gold bars or coins, which can be time consuming and expensive, or to choose from a vast array of options on cryptocurrency exchanges. However, Digital Gold offers a new way for everyone to buy gold easily and inexpensively through tokenized digital assets on blockchain technology, Through the Digital Gold Token where it's aimed to be used as a payment system for transactions in the Gold market, which will be running on the Blockchain Network using its Smart Contract feature. The Digital Gold token will be backed 1:1 by Real-Gold from the vault from BullionStar, this ensures more security and trust benefits to users who want to use their Trading platform or even just storing their Tokens in their Wallet because they are assured that Digital Gold Token is backed with real Gold.

Conclusion

Gold has been a solid investment, with the most stable rate of return and the greatest protection against economic inflation. On the other hand, it is more resistant to routine fluctuations in the market and offers a more profitable storage option than fiat currency. Today, new innovations make it even easier for everyone to access this market, especially digital gold. Digital Gold creates a bridge between traditional gold and cryptocurrency where there are lucrative benefits for all involved: store your gold in any form as safe as possible!

I think it's enough, Guys Don't forget to Follow, Comment & Upvote my article, I hope this article can become a refrence for you to invest more effectively and i will give some useful links related to Digital Gold Marketplace below. Thank you very much!  

Website: https://gold.storage
Twitter: https://twitter.com/gold_erc20
Reddit: https://www.reddit.com/r/golderc20/
Telegram: https://t.me/digitalgoldcoin
Steemit: https://steemit.com/@digitalgoldcoin
Youtube: https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ
Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
Whitepaper: https://gold.storage/wp/White_paper_en.pdf
Gold Price: https://gold.storage/en/market

Authored By Pedobear a.k.a Dhemas putra/dhemasm(bitcointalk)
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1049524

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 61763.08
ETH 2899.43
USDT 1.00
SBD 3.49