Silver Backed Blockchain In the Works (According to David Morgan)
I'm sure a lot of silver stackers are familiar with David Morgan. He tweeted today about a silver backed blockchain system. Apparently, it's in the works but not done yet.
The link takes you out LODE site here. The site says, "LODE is building the world's first Cryptographic Silver Monetary System utilizing blockchain architecture that will enable the creation and distribution of two "tokenized" assets, each representing a unique relationship to silver bullion."
It goes on further saying, "The emergence of distributed ledger technology inspires us to imagine a new paradigm, one in which silver is restored to the economic system and used by millions as a valuable utility to settle trade and commerce. LODE is constructing two cryptographic assets that each represent a unique relationship with physical silver bullion. These assets will be authentic, transparent and immutable to all LODE stakeholders and members utilizing proprietary blockchain architecture."
SSG stackers, would a silver backed blockchain be of interest to you? I'd love to get your feedback
Keep on Steemin on.
I would be interested for sure!
Agreed!
Yup, David Morgan has been hinting about this over the past month or two. I've been patiently waiting to find out what he was talking about. I have been looking for an ag backed crypto for a long time. Needless to say, I signed up for Lode One immediately, heh.
Nice! I hope this turns out well.
You just received a 55.56% upvote from @honestbot, courtesy of @kp138!
You got a 4.00% upvote from @inciter courtesy of @kp138!
You got a 55.56% upvote from @minnowfairy courtesy of @kp138!
You got a 6.09% upvote from @upmewhale courtesy of @kp138!
nice article, vote + follow 😁