DIGITAL GOLD: WHY YOU SHOULD INVEST IN DIGITAL GOLD!

campell (28)in #digital • 5 years ago

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Welcome to my blog. I want to discuss about a unique project, different from the usual projects we see on the crypto space. This project is none other than "Digital Gold". Before I go into the real deal, I'd like to acknowledge the impact of block chain technology so far.
INTRODUCTION
The block chain technology is not a child's play. Since its inception, it has brought a whole lot to play. We can't but say that the block chain technology is a " rare gem" and indeed a gold mine in today's society.
Coming to the crypto space, this is yet another crucial place that has witnessed the surge of block chain. On daily basis, we see and appreciate different technologies launching on the space. All thanks to Block chain.
On today's publication, my discussion is going to be based on a great innovation ever witnessed on the space. This innovation is none other than DIGITAL GOLD.
On hearing DIGITAL GOLD, I bet what comes to your mind is the raw gold. But with DIGITAL GOLD, I shall tell show you how the project has refined the raw and physical gold you and I knows, into a a digital form in other to securely help us store our wealths and also make payments with these digital gold.
ABOUT DIGITAL GOLD
The Digital Gold as the name implies is a project built on block chain which seeks to encourage, ensure and digitalized the financial market. The Digital Gold unlike the physical gold is also an erc 20 based token which allows people to buy coverage in the physical gold through using their erc20 supported and ethereum based Gold tokens.
The implication of the above is simply that, users will get to buy physical gold coverages with their ethereum based Gold tokens.
THE ROLE OF BLOCKCHAIN!
Having done in depth research and analysis of the Gold market, the Gold team then discovered that a lot is needed to be implemented in the Gold and financial market. Here, they sought the aid of block chain technology to help positively influence the gold market in the following ways:

Enabling Mass acceptance and Adoption of Digital Gold: People often feared that Gold doesn't have any means of spending it in the market, and alsobdue to the issues of thefts and frauds, not everybody can actually purchase and use this Gold for purchases in the gold market. However, with the aid of the block chain technology, the DIGITAL GOLD Teams seeks to show the world that with the Gold you have through block chain, you can use it for making payments, you can securely keep your gold in a safe place and that you can also get to trade your gold.
Secondly, Ensuring security and stability of Gold: The most critical reason why people don't feel safe with gold is for the fact that it isn't secured to keep and store. Since it is an expensive asset, people are not often safe to buy these gold and store in their homes. But with DIGITAL GOLD, that menace has been eradicated. Digital Gold allows people with physical gold to buy coverages and assets with their block chain based gold tokens. There by eliminating their fears of getting scammed, or losing their assets. As long as good digital security practices are followed, digital gold cannot be hacked.
In conclusion, one of the main aims of the DIGITAL GOL is for the people to leverage on the ethereum based gold tokens to buy, sell and trade their gold assets. All thanks to Digital Gold as all of this can now be done in private while also securing your assets. Key into Digital Gold project!