DIGITAL GOLD in China and its digital currency

Mark 21
4 min readAug 29, 2020

In this article we will talk about this great world power. country that bears the name of China, knowing that this is the most populated country in the world with more than 1,350 million inhabitants. This country has a low number of immigrants, but a large number of tourists who go to know its history and admire its beautiful landscapes or tourist places that this Asian giant awaits, such as: its monuments and structures, huge streets and avenues, its gardens and especially its extensive city. This country ranks number two in the countries with the best economy in the world after the United States of America.

Its economy is mainly based on the manufacture of any type of products, this being the largest industrial power and exporter of products worldwide. If the economy of this great country is related to all kinds of international markets, from industrial to financial, to this form of economy Chinese entities call this as “socialism with Chinese characteristics” using this as a strategy to position itself as the country with the highest trade volume playing an importing role in international trade. On the other hand, its inhabitants live in a stable economy, where middle-class people generate approximately 1000 yuan (USD 146) monthly 30,000 yuan (USD 4380), this country provides them with the great variety of generating money not only with a permanent job , but also in investments mainly in own businesses and cryptocurrencies.

Image 1: china flag

Being this previously named (cryptocurrencies) very important not only for investors, but also for the country, because these allow us the security and verification of all the transactions we carry out, it should be noted that these movements are kept in a book shared, in which the receiver only receives the necessary information from the issuer, except for all personal information.

Currently in 2020 this country took into account the importance of this, so much so that it has already decided to create its own national cryptocurrency which will include a type of new blockchain technology especially created for this cryptocurrency, where for now it is not They have taken no technical details out of it. Many people call it the new digital yuan, but in reality the People’s Bank of China named it as DCEP (Digital Currency / Electronic Payment) raising an option for its fiat currency (yuan or renminbi) on which it bases its economy from the year 1949. This project was already started approximately 6 years ago, and there are currently four banks that are operating with DCEP, testing its functionality to later have positive changes and officially remove it.

Image 2: China’s national cryptocurrency

You definitely notice the interest of this country in cryptocurrencies, to the point of releasing its own digital currency, but what if it found a cryptoactive that offers the same characteristics, well … let’s welcome this great project known as DIGITAL GOLD that came to stay in the world of cryptoactives, this project offers us a safeguard of capital and the activity of a safe investment, because DIGITAL GOLD is based on gold (99.99% pure), we should not worry about the Security of this, due to each of the ingots is cared for in a high security vault located in Singapore, being protected every day without exception as indicated on its official page: https://gold.storage/es/home .

DIGITAL GOLD gives us the security of being a stable currency so it is almost impossible for it to lose value, but on the contrary it can increase it. But not only that, it has blockchain technology giving us much more security in the registry of all our operations. Said GOLD purchase and sale operations can be carried out at the time you want in an unlimited way, for the moments these operations are carried out in the following exchages: https://cryptex.net/trade/GOLDUSD), LIVECOIN (https: // livecoin .net / en / trading / GOLD_BTC), BitForex (https: //www.bitforex .com / en / spot / gold_btc). Having a great movement in the market, being able to offer us more exchagues in the future. To safeguard or store each GOLD you will only need to provide your preferred wallet address, where which this project works with the following: Guarda, Ledger Nano S, MyEtherWallet, MetaMask, Trezor. After taking into account the characteristics of the digital yuan and what they expect from it and the information that the DIGITAL GOLD project offers us, we can denote that this project meets all the cryptocurrency expectations that this country needs, there is no sweat that A smart investment idea is this great project called DIGITAL GOLD.

Image 3: DIGITAL GOLD.

If you want to know much more about the DIGITAL GOLD project and go deeper into the subject, click here: https://gold.storage/es/home

· ANN: https://bitcointalk.org/index.php?topic=5161544.0

· Project Telegram: https://t.me/digitalgoldcoin

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

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

· Project Twitter: https://twitter.com/gold_erc20

· MY PERSONAL PROFILE: https://bitcointalk.org/index.php?action=profile;u=1950519;sa=summary

· Name: Wimex

· Payment address: 0x0b1f4119824288503ea03a4b2fb16d106d0d6534

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