GENERAL REVIEW OF DIGITAL GOLD PLATFORM.
About Digital Gold
The technological advancement is making life more meaningful and comfortable for all human race. The role of Blockchain technology can't be overlooked in the global economy. It has simplified the process of payment and e-commerce system generally. Today, I will be introducing a Blockchain Powered Digital gold platform.I am writing about this project because I love their concepts and how they intend to revolutionize the system of buying, selling, and storage of gold in a digital form. In Digital Gold Platform, the Gold token are totally Gold backed which simply indicates the amount of the total issued token can be matched against the Physical Gold in Vaults.
The Physical Gold stored are fully insured against any potential Danger.The insurance cover is being provided by the Chubb Insurance which is one of the largest insurance Country in the World. Digital Gold platform concept intends to shield their customers against any Burglary, thefts related to holding and safekeeping of physical Gold.
Imagine when we are able to purchase physical gold from as low as $50 from the comfort of our home without any fear of theft, storage, and genuineness. This is quite an amazing innovation in Gold industry.Digital Gold platform has developed a platform to simplify the process of trading and storing Gold . We shall take a critical look at some features of Digital Gold Platform and the underlying benefits.
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FEATURES AND BENEFITS OF DIGITAL GOLD PLATFORM.
(i) Digital Gold platform is blockchain powered platform: There are so many Digital Gold platform who specializes in Gold trading and storage as well but they operate
on centralized system. Digital Gold platform is blockchain powered which means every transactions and operations on decentralized. The Platform utilizes Ethereum Network which is the second-largest Blockchain Network in the World. Golds are tokenized in this Platform, which make it possible for any interested investors or traders to buy their shares in the supplied token. Gold token issued on Digital Gold platform are backed by real Gold which are securely stored in Vault. A unit of Gold token is equals to a gram of Pure Gold .1 gold token = 9.99% of the Pure physical Gold in Vaults.
(ii) Gold purity and Price Gold prices are determined by the market, the rate is strictly based on international Gold to market price.Interested traders can trade with assured profitability on Digital Gold platform because the volatility is very low compared to any other class of assets. Gold prices fluctuation is based on market though, low volatility compared to cryptocurrency market.
(iii) GOLD ACCUMULATION IN FRACTIONAL QUANTITY: Unlike some Gold trading company where buyers are limited to some certain amount of Gold they could purchase, here the opportunity of buying gold in a fractional quantity is opened through Tokenization system. Gold token can be purchased in any quantity depending on the investment capacity of the user.
(iv) USERS PRIVACY: Digital Gold is a decentralized Platform that respects their customers' privacy. Since the trading platform is powered by Blockchain, users don't need to supply their details to the Company before they could transact on the platform. KYC, AML are not compelled on users in Gold Token platform. Users can conduct their trading activities in discreet manners without any interference.
(iv) WEALTH PRESERVATION: Acquiring Gold token for the long term is like buying the physical Gold or long term since the value is equal. Gold token is another reliable means of preserving wealth. Users only need to have their private KEY stored in a secured place. The more Gold value rises, the more your assets increases in value.
DIGITAL GOLD SOLUTION
Conclusion,
Trading and investing in Gold can be very stable and profitable. The market volatility is very moderate. Gold token platform has provided enough liquidity which will facilitate the smooth system of buying and selling of Gold in their platform. Users can instantly buy and sell Gold via their Website or through the listed exchanges.There is no time restriction for trading on Gold token platform, users can conduct their trading activities 24/7. Trading in Gold has been simplified with gold token.
Official Resources
Website :https://gold.storage/
White paper: https://gold.storage/wp.pdf
Telegram : https://t.me/digitalgoldcoin
Twitter : https://twitter.com/gold_erc20
Ann thread :https://bitcointalk.org/index.php?topic=5161544
Publishers info:
Bitcointalk username:cryptounique
Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=2524596
Ethreum address: 0x2aacd59b6721c6873129976a2b45aa32b161bbdd