Digital Gold- Revolutionizing the modern world

 


Gold naturally, has been a medium for accumulating wealth, preserving assets etc. The steadfastness of gold in transactions over the years has not been expected but it has slowly outdone any other fiat currency. The purpose of the Digital Gold project, is to bring into being an Ethereum and Blockchain based platform for the trading of gold tokens which can be used to acquire physical Gold. This trade can be done through ERC20 token that users can leverage to easily store, sell, buy or transfer securely.

Digitalizing gold, a precious asset highly regarded, sought for and utilized by humans for many years will imminently result in a greater desire and demand for it; we can only hope it'll be for the right reasons. This project also aims to simplify all the complicated procedures that had previously accompanied the purchase and storing of actual gold. It is important to note that the physical gold purchased through the ERC20 token will be safely secured in the company's vault, In partnership with BullionStar and users can confidently transact without worrying about risking their identities. Anytime the users' feel obliged to, they are allowed access to live audit and their vault certificates to ensure that their minds are put to rest with regards to the safety of their gold.




The unique features which may also double as the advantages of digital gold, include the

following:

● Guaranteed longevity of acquired gold

● A physical yet private ownership of gold

● Low storage cost/No transfer levy for tokens

● Security

● High liquidity

Guaranteed longevity of acquired gold:

The existence of Gold for thousands of years before guarantees that the precious metal will maintain its importance standing the test of time.

A physical yet private ownership of gold:

In view of a privacy conscious society, to own, purchase or sell gold in large or small quantities, all a user needs to provide would be his or her wallet address. This is as opposed to the period where a large amount of personal data was required from a potential gold owner or merchant to maintain national guidelines.

Low storage cost/No transfer levy for tokens:

Compared to the cost of storing gold at a bank, and the complexity of dealing with the safety of precious metals, digital gold provides a more convenient platform that caters for these at a low cost. Also tokens can be transferred to any part of the globe without the users needing to pay any levy for transfers; though a 'gas' tax might be charged by the Ethereum network.

Security:

The digital gold market place has a decentralized structure and all physical gold is insured thereby making it most secure. Also, being a part of the Blockchain technology which has not had cases of security breach provides users additional confidence for the safety of their gold.

High liquidity:

Gold over the years has been a financial asset that has held its value and its token ensures high liquidity, since the token issuer company, DIGITAL GOLD LTD, also works as a liquidity supplier. Its availability around the clock, makes the demand for it higher. Liquidity is provided on demand and it is sold and purchased very close to market rates.



Conclusion

Let go of your fears and take a chance to be the next big thing on the digital gold market place by investing in a positive future for yourself, with gold in it. Your gold is safe with DIGITAL GOLD. 


Useful Links

Website https://gold.storage/ 

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

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

Telegram https://t.me/digitalgoldcoin 

Steemit https://steemit.com/@digitalgoldcoin 

Reddit https://www.reddit.com/r/golderc20 

YouTube https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ/ 


Author: Lordrift https://bitcointalk.org/index.php?action=profile;u=2751337

Comments

Post a Comment

Popular posts from this blog

The platform for Advertising and event planning based on Augmented reality

Image
InLarb Network An improvement for Advertising and event planning based on Augmented reality. Augmented reality is to add some contents produced by digital devices into the real-world environment. These contents can be live or indirect physical appearances that are enriched with sound, image, graphics or GPS data. This is a technology to expand someone’s reality. It gives an immersive information environment and also interactivity with the surrounding digital area. The next media revolution is immersive technology, otherwise known as Virtual Reality (VR) or Augmented Reality (AR) collectively known as Extended Reality (XR) and it is already upon us. It is the next phase of the human computer interface, integrating digital content into the real world (AR) and creating fully virtual environments (VR). Problems of traditional Ads In the traditional advertisement system here are few problems associated with it and it's gonna be our main focus Little or no information:  Outdoor advertisi
Read more

Protecting your personal with Alre platform

Image
AIre: Using blockchain  technology as a means of personal data protection. In an era of fast paced technological advancements, issues related to control and use of personal data are taking centre stage. Personal data is often referred to as "the new oil of the internet and the new currency of the digital world”. It can also be defined as any information relating to an identified or identifiable natural person, also referred to as a data subject. A natural person is identifiable if he or she directly or indirectly can be identified, in particular by reference to an identifier Moreover, the distinction between public and personal data is often blurry, bringing the question:   who uses and controls our personal data? We now spend much of our lives online, and our online activities from shopping to socialising, entertainment to information  searching and gathering have created an unprecedented number of data points. But these data bring risks. Once mined or breached, they reveal intim
Read more

Creating a blockchain-based platform for educational institutions with Uninfinity

Image
UNINFINTY PROVIDING QUALITY EDUCATION USING BLOCKCHAIN TECHNOLOGY. Blockchain is being implemented across various industries and fields which education is among.  With the help of blockchain technology steps have been taken towards revolutionizing the education system. This system can be applied to many aspects of the education sector while removing slow and outdated workflows. It is the future business model of supply chain and can be applied to the education value chain. The application of blockchain to education is still in its early stages. Only a small number of educational institutions have started to utilize blockchain technology. Most of these institutions are using it for the purpose of validating and sharing academic certificates and/or learning outcomes that their students have achieved. With the said above there are challenges accustomed with various institutions with which few are listed here: TRUST ISSUES: Most educational institutions cannot establish trust between thems
Read more