Relationship between Puregold Tokens and the custodian of the gold assets

Blockchain is a technology that distributes an open ledger to all nodes connected to the network. In the financial management world, a source of the ledger forms the basis of a trusted system where all related transactions originate from. The same can be said about blockchain. But instead of existing in a large leather bound tome or in a financial management application, blockchains are managed by a distributed set of computing resources working together to maintain that ledger. That is where the relationship between Puregold Tokens and the custodian of the gold assets form the basis to the operation of PG-Pay — the gold payment gateway.