DIGITAL GOLD: Convenient and instant way to store, buy, sell or transfer investment grade gold.
Blockchain technology has been in the market for a few years now. The initial use cases where blockchain technology is mostly used is in the recording of cryptocurrency transactions. The versatility of blockchain, however, has opened up opportunities for the technology to be implemented in storing value online too.
There are numerous other sources of value throughout the world, most of which is in form of precious metals. In this case, we are going to focus on gold, one of the oldest trading commodities which have been around for centuries.
Decades ago, people used gold for multiple purposes. The key purpose being as a superior payment method, a trading commodity, and excellent store of value, as well as time, continued to pass; however, the use of gold as a payment method decrease. People throughout the world however are in constant search of this precious metal. The main reasons why people are after gold would be its low-price volatility as well as its excellent monetary storage potential.
Nowadays, acquiring and trading gold is not possible to just about anyone. There are numerous complex procedures that are involved not forgetting that the price for purchasing gold is extremely high and limited to only those who have the financial capacity.
Gold is one of the precious metals that will remain to be of great importance in the global financial and assets markets even for years to come. Blockchain technology has penetrated this particular space with the aim of bridging the gap between gold and the digital ecosystem. How did you ask? Well, I am about to introduce you to an incredible blockchain-based project called Digital Gold.
DIGITAL GOLD.
Digital Gold is all about digitalizing the financial markets and their afferent investment instruments. Users of the Digital Gold platform will be able to purchase coverage in physical gold through the ERC-20 Ethereum based GOLD token. This is a project that will revolutionize the gold market and benefits users greatly.
So, here is how operating on the platform looks like. Customers get to purchase the GOLD token where the value of each coin is equivalent to one gram of 99.99% FINE gold, which is stored in the company’s vaults. The GOLD tokens purchased by the user will allow them to indirectly use gold to make monetary transactions or leverage it as a wealth storage method.
Digital Gold will eliminate all the complicated expensive procedures. Blockchain will showcase its great power in the Digital Gold platform through beneficial features such as instant and less costly transactions, which will be carried out through the Ethereum blockchain. All the confirmed transactions will be unalterable, smart contracts functionality, as well as the overall security of the entire platform.
Additionally, thanks to blockchain technology, Digital Gold will be the most transparent platform yet, and it will support all ERC-20 wallets. The GOLD tokens can also be traded on partner exchanges.
CONCLUSION.
The Digital Gold platform will not hold an ICO as all the operations of the project are self-funded, which further shows the authenticity and seriousness of the team behind it. Thanks to the GOLD token, gold can be used for another purpose other than a wealth storage method. It can be an investment tool, as well. Users on the platform can use gold as a payment method for all types of transactions, thanks to the powerful blockchain technology.
🔗 Website : https://gold.storage/
🔗 Whitepaper: https://gold.storage/wp.pdf
Follow us on social media:
🔗 Twitter: https://twitter.com/gold_erc20
🔗 Telegram: https://t.me/digitalgoldcoin
🔗 Medium: https://medium.com/@digitalgoldcoin
🔗 Reddit: https://www.reddit.com/r/golderc20/
🔗 Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ Images credited to DIGITAL GOLD WEBSITE
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