DIGITAL GOLD: A REAL GOLD ASSET

In the past, gold used to be a common medium for business transactions in many parts of the worlgiveld as a standard in a monetary system where a country’s currency has a value linked to physical gold. In modern times, there is no country that has it’s official currency linked to real gold. Again, there’s no currency that can be 100% reliable. The monetary system that exist in the world today comes with it’s own challenges, which includes inflation, economic crashes and political instability in a particular country. These situations can cause severe economic down turns to the economy and also affect the value of its financial status.

Digital Gold is a blockchain based innovation that has designed a fully functional private currency, convenient and efficient infrastructure for its use through the use of modern technology, essentially blockchain. The unique digital currency known as Digital Gold can be used for all forms of transactions and payments. Gold token is 100% backed by gold that provide fast and convenient crypto currency and fiat currency exchange and payments. It also comes with advantages such as being a stable coin backed by real gold with the token ticker; GOLD.

It is very obvious that there’s no money in the world that’s fully backed by real assets, free from inflation and fully stable irrespective of political and economic situation of the country where it’s a legal tender. Crypto on the other hand can’t fully fulfill the purpose of money. Digital Gold is on the mission to change the situation. The Digital Gold as a stable coin backed by gold asset can be used for cash and electronic payments and money transfers. The Digital Gold has online integrations to allow exchange and real time payments that comes with low fees. As a platform that support multiple currencies, users has the flexible to decide on several ways of going about transactions.

Digital Gold is designed to be a stable, reliable and transparent currency, non-national and non-politicized perfect payment and also as an investment tool, it will be a convenient currency with independent modern infrastructure and easy payment and exchange or conversion process, it will also provide anonymity and universality in it’s use, that is it can used across the globe. As a full legal tender from issuance and following its banking and exchange services — all of them are going to be working within the legal framework of the countries where they operate. Blockchain technology is widely used to provide transparency and stability. Digital gold has been developed to run on the ethereum blockchain network.

Blockchain as a technology will be used in all faucets of the digital gold ecosystem: the management and control of gold reserves is a very crucial element of reliability and transparency, publicity of the system, network, for cross-border payments, transfers, currency conversions, to provide speed, transparency as well as for integration with the currency exchange for fiat and cryptocurrency exchange to guarantee the speed and reliability of all transactions. Blockchain aims at ensuring decentralization, control, providing link between fiat and cryptocurrencies and opportunities for banking and currency transactions, as quick as possible, with minimal costs to the user.

Digital Gold is the first fully functional private currency, 100% backed by gold. With the first planned emission that came in 2019. It is a reliable money based on real gold. Digital Gold is based on convenience and efficient infrastructure for its use with utilization of modern technologies and more importantly blockchain. The team of developers has plans to improve the world of cryptocurrencies.

CONCLUSION

Digital Gold provides its users with conditions that gives the maximum security any crypto enthusiast will ever wish for. The GOLD token will be favourably for all users to keep funds in a stable coin that is backed by real gold.

t more about the project, by visiting these important links below;

Website: https://gold.storage/

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

Whitepaper: https://gold.storage/wp.pdf

Twitter: https://twitter.com/gold_erc20

Telegram: https://t.me/digitalgoldcoin

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

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

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