Thursday, January 30, 2020

DIGITAL GOLD - BLOCKCHAIN BASED PLATFORM TO SECURELY STORE , TRADE AND MAKE PAYMENT IN GOLD


In recent time, revolution is not a new innovation to individuals globally. Virtually everything is becoming digital ranging from mobile phones, money market, logistic industries (trucks) and the likes. Hence, HD users shouldn't be amazed by the introduction of Gold to the Digital world. This even makes it more vulnerable as it ensures high level of security to the users from uncertainties and unforeseen circumstances ranging from Storing of Gold into the wrong vaults, Gold theft and the likes.
Before the indept knowledge and introduction of digital Gold research work, it is ideal and encouraging to allow a little bit of insights on why Digitize Gold is of relevance in the cryptocurrency market. Recently, theoney market holds series of bogus Gold exchange-traded funds (ETFs) with mouthwatering amount of money. The reasonable amount of capital invested into these funds, when compared to the amount of gold that is purchased and stored, leads to a simple conclusion: The general public is not keen on buying, storing and transacting physical gold.
There are different opinions supporting this claims, but still series of users are up and running to the money market as it is. The purchase and saving of actual Gold leads to complications, which are guidelines on legal processes, and making sure of uninterrupted security measures. Hence, the choice of participants differs as some of them choose to hire a third party to handle this aspect for them. In cases like this, a reasonable alternative to ETFs is buying tokenized Gold. This is mainly what Digital Gold research is based know while also providing users with series of benefits.
To facilitate an easy, effective and efficient purchase/sale system, the Digital Gold project has opted for the creation of a marketplace. By using the Digital Gold Marketplace, users can simply fill out a form that initiates a smart contract, which then transfers the newly-minted GOLD tokens. The Marketplace acts as the best choice for GOLD token purchases and sales, as it allows users to carry out these transactions instantly. By having this in mind, users must enter the sum they wish to purchase and the ERC 20 Ethereum address where the tokens will be credited. Users are also permitted to enter optional details, like their BTC return address, or email address for email-based confirmation of the purchase. Once it is fully functional, the marketplace will support both purchases and sales of the GOLD token.
Pricing information is always displayed on the marketplace. Thereby accessing it, potential customers will get to see the latest spot price of gold, purchase price, and redemption price, in both bitcoin (BTC) and ether (ETH). A chart displaying the evolution of the gold spot price over the last couple of days is also available to facilitate smarter analysis of the current gold market price trends.
CONCLUSION
The impact of digital gold project in the blockchain space is enormous with a very long term positive impact alongside with the easy storing and trading of the ancient precious gold being enabled on the blockchain. It’s certain that this will bring in more angel investors and gold traders to be acquainted with the blockchain technology and the digital gold platform to easily invest, trade and store their gold tokens.
The following links can be used to get more details about the stable gold project :
Website: https://gold.storage Facebook: https://facebook.com/golderc20 Twitter: https://twitter.com/gold_erc20 Telegram: https://t.me/digitalgoldcoin Bitcointalk: https://bitcointalk.org/index.php?topic=5161544, Whitepaper: https://gold.storage/wp.pdf 

ROADMAP
for full information, you can follow Digital Gold official here
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