Gold, Fiat-based stable coin

in #stablecoin5 years ago (edited)

Just as we are all aware that before the introduction of crypto currency, blockchain technology and bitcoin to us all in the world; the bank is the most and only embraced financial system for every nation and every individual; the bank is the only means of payment (in fiat); and likewise the means by which trade occurs between 2 people; a trader and a buyer. But there is need for growth; the reliance on bank buildings, the bank process and slow system; paper money, fiat system or the need to wait for days (3-7 days) for international transaction has been a big disadvantage and equally a weakness in the world; because it delays a trade, has negative influence over emergency issues and leaves behind scalability.

But over a decade ago, The digital age has been fantastic and revolutionary; and the introduction of bitcoin has improved the speed of transaction and also the security it brings along. The same can be said of blockchain technology which has improved vastly over the years; providing solution to e-commerce, health sector, a method of payment and many other vices. Now with bitcoin and other crypto currency tokens; you can send money in just seconds; verify a trade in minutes and equally secure and store your data all on the blockchain.

To simply make the financial institutions or bank task a better place and a better system is one reason why a dedicated team started up the Digital Gold blockchain and it’s Gold token is here to present for us all a better payment system that comes with ease and convenient.

6379C091-80FA-4022-88E9-BF20FB301D52.jpeg

GOLD is a digital crypto currency asset (token) backed up by physical gold and issued on the etherum blockchain (ERC-20) which is purchased every time a token is issued and stored securely.

GOLD token is the safe, convenient and quick solution that serves many purposes from investment and portfolio diversification that I discussed earlier in a bid to ensure the security of every transactions you make as a crypto currency enthusiast as well as the gifts you send to your relatives.

AF3042D0-34B5-4F5A-A3E2-9F45577D0EAC.jpeg

GOLD is a transparent financial asset unlike the banking system with so many secrets, with Gold as a token, the physical gold purchased by the Gold company is easily matched in real time against the amount of issued Digital Gold tokens. And we only have atleast 7,200 Gold tokens minted for use.

663519FD-2FC2-46D1-8998-6B6D634BD7DA.jpeg

Briefly, the solutions offered by the Gold token are as follows:

  1. We all have experiences about the volatility of the crypto market leaving tokens with uncertainty; but with Gold token, it is more of a digital stable assets which secures the prices always.

  2. With Gold token helping you to swift between Crypto currency/Fiat, you can enjoy the inflated value that comes with Gold itself.

  3. To wrap up the simplicity of the platform, you can purchase the Gold token either from the exchange platform or from the website; Also, all Gold transactions are free without charges and you can store securely in any ERC-20 supported crypto currency wallets.

9A28171B-4A73-485B-9F40-226823262C2F.jpeg

To conclude swiftly; Digital Gold platform and its token, The Gold token has simplified the banking system for all with a free transaction between gold transactions unlike the banking system. Similarly; you get your capital intact; a chance for a increased value and no reason to worry about the dip market.

Are you ready yet ? To read more or participate ? Visit the links below and learn more:

Official Website : https://gold.storage/

White paper: https://gold.storage/wp.pdf

Telegram: https://t.me/digitalgoldcoin

Twitter: https://twitter.com/gold_erc20

Medium: https://medium.com/@digitalgoldcoin

ANN thread: https://bitcointalk.org/index.php?topic=5161544

Writer's Details
Name: ifemini
https://bitcointalk.org/index.php?action=profile;u=2385091

Sort:  

thank you for thit post

It gladdens my heart that you find this piece so insightful; do ensure to look further into the platform by checking the website and the whitepaper.

will do then ok

it may be possable to get some of tits token ?
for promoteng it?

Yes; just as I have done. Visit the bounty link

have some eth and would like to buy but dont know wat ios app will hold it

Yes iOS app can hodl it; you need to get imtoken app or trust wallet app.

ok bought some, .70 Gram

Congratulations @ifeoluwa358! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 10 posts. Your next target is to reach 20 posts.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 60956.08
ETH 3383.12
USDT 1.00
SBD 2.50