DIGITAL GOLD: BRINGING YOU THE UTILITY OF REAL GOLD AND MORE

Our society is developing various ways to ensure people can grow their businesses, develop skills, and do so much in a buoyant economy. Technology has helped to grow the economy of various nations. For almost a decade now, a mysterious yet powerful tool was born: the blockchain. You may be curious to know why it is mysterious? Well, because it has potentials that are yet to be unraveled, it has the tools you need to carry out your day-to-day activities efficiently. The bitcoin, which was developed over ten years ago, is used by many firms as a means of payment. Since you have seen how the blockchain works, let us discuss the main topic: DIGITAL GOLD.

DIGITAL GOLD.

One valuable resource that many people have always wanted is gold. Over the years, we have seen its value increase, but not many people can afford; and if you can afford it, storing it might be a problem. The Digital Gold project creates a unique token which is the gold token. A gold token is an ERC-20 token which enables you to trade, keep, or transfer gold. It should be noted at this point that the company securely stores physical gold and GOLD TOKEN is a representation of it. The amount of GOLD TOKEN in circulation is the exact amount that the company stores in its vault. This is to ensure a stable price and prevent liquidity issue.

PROPERTIES OF DIGITAL GOLD.

As a user of GOLD TOKEN, here are the benefits you enjoy by using the token:

1. Strong security: Gold is a very valuable asset, and storing it might be extremely difficult. First, you need to get a reliable seller. Next, get the necessary documents and find a safe place, most likely a bank, to store it. Banks charge you a fee, from time to time, to store your gold depending on the quantity. GOLD TOKEN, which is associated with real gold that would be stored in Singapore, is using the blockchain to ensure your tokens are safe. The blockchain is practically unalterable, but you need to do some simple things on your end. You need to ensure your private key is safe, keep all login details away from the public. The company has also taken a step further to insure all physical gold stored in a safe vault. VISIT https://gold.storage/ FOR MORE DETAILS.
   
   2. 24/7 Trading: There is no need to wait for a long period to buy gold or sell it, no need to look for trustworthy suppliers; you have it all at your fingertip. Buy and sell GOLD TOKEN anytime and anywhere in the world at your convenience. Is this not awesome? Yes, it is. It is also good to note that the transaction is done at high speed. Whatever value you can think or get from gold, GOLD TOKEN provides you so much more.
   
   3. Anonymity: One thing this project would ensure is users get is total anonymity. Your privacy is also highly respected by the company, and it allows you own real gold through GOLD TOKEN.
   
   4. Stability: The GOLD TOKEN is a stable coin which is connected to the price of real gold. It is not affected by market conditions, and it is built on the ethereum blockchain. The ethereum blockchain ensures decentralization, and you can be sure your asset (GOLD TOKEN) is not controlled by any individual or organization. For more info on how GOLD TOKEN utilizes the ethereum blockchain, you can visit the project website: https://gold.storage/

WHERE TO STORE DIGITAL GOLD

As an investor, you might purchase a large amount of digital gold and want to keep it safe. There is a cold wallet and hot wallet. Cold wallet ensures your asset is not connected to the internet or other sources which can make hacking easy. Hot wallet provides you easy access to your asset, but it is prone to hack. Here is a list of both hardware and hot wallet:

1. Myetherwallet (MEW)

2. Metamask

3. Guarda

4. Ledger Nano S

5. Trezor.

You can visit the project website (https://gold.storage/) for more info. This article is a surface description of DIGITAL GOLD project. Digital gold has so much more to offer, like zero transaction fees, 1% annual storage fee, and so much more.

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