DigitalGold: first stable cryptocurrency with 100% liquidity
Digital Gold is design utilising the blockchain technology to birth the Digital Gold Token(GOLD) which is hoard in a safe and guarded Digital Gold vault affiliating with the famous gold company Bullionstar who is responsible for auditing all the transactions carried out in the treasury. The Digital Gold token is erc-20 supported token which is build to replace physical golds to solve the issues associated with the acquiring and securing of physical golds.
Digital Gold aim to create a digital ecosystem whereby users will be able to sell, buy, transfer, store or transfer their investment grade gold on a platform with privacy, security and transparency in the transactions carried out on the Digital Gold platform.
The Digital Gold erc20 tokens are backed directly with physical gold i.e for every transaction of Digital gold, a real gold is replace with it in the company depository which is manage by bullionStar.
The application of blockchain technology in Digital Gold makes it possible for users to enjoy the following benefits on the platform quick and low fee charge transactions, maximum security, smart contracts functionality, endorsing and supporting all other erc-20 tokens, transparency in its transactions and trading of the Digital Gold on other exchanges.
Digital Gold as a liquidity platform allow users to transact as they wish without limiting them to transactions with no added charges expect the gas fee which is charge for transactions and the yearly service due use for the maintenance of the platform.
Users on the platform get link to a smart contract whose function is to balance the ratio of tokens sold and tokens in vault to prevent liquidity issues on the platform.
FEATURES OF THE DIGITAL GOLD
★Low cost token: clients on digital gold will be able to send their tokens out of the wallet without experiencing the fluctuating transfer fees since all transfer on Digital Gold is free, though gas fee will be charge for transactions on the platform since it is run on the Ethereum network. Also service fees will be charge on the platform for sustainability and maintenance of the platform.
★Secure gold ownership
The process involve in securing physical gold is a usually long, stressful and chivvy for clients. To purchase physical gold, the seller must be valid and dependable to avoid fraud, negotiation between the both parties, and an agreement must be reached between them before the seller get the gold. Storing gold in banks is a good idea but the process too is time consuming. Digital Gold tends to overcome these problems encounter when acquiring physical golds by allowing its clients to purchase its GOLD tokens with real physical gold which is being guide by the company in secure vaults. These physical gold are insured, therefore any risks to the golds are cover with full insurance value.
★Clients privacy
Transactions made with physical gold merchants demands clients to provide full details about themselves according to the national regulatory compliance on Gold. The Digital Gold LTD aims to gap this bridge by ensuring its clients identity remain anonymous.
Other features of this awesome project include;
Follow Digital Gold through;
https://gold.storage/
https://twitter.com/gold_erc20
https://t.me/digitalgoldcoin
https://medium.com/@digitalgoldcoin
https://www.reddit.com/r/golderc20
https://gold.storage/wp.pdf
Curator
Btt profile link: https://bitcointalk.org/index.php?action=profile;u=1243388