Thursday, January 30, 2020

DIGITAL GOLD: THE FUTURE OF ELECTRONIC CURRENCY

In the last decade, modern technology and essentially blockchain technology has created a lot of opportunities in the digital world. There have been intelligent ideas that have been built on blockchain to contribute greatly to the livelihood of humankind in many parts of the world. The whole technological revolution is still ongoing and more interesting projects are springing up each and every day. Amazingly, many individuals are becoming more interested in blockchain technology as cryptocurrencies are becoming popular. For instance, many attempts have been designed to digitize physical gold but the initiators were mostly not successful. Even though many of such attempts were made before the introduction of Bitcoin and blockchain technology. At the moment, most activities have really changed and things are really getting better as most people are becoming more interested in innovations that are created on blockchain. Bitcoin has really contributed a lot to generate the interest of most people in blockchain technology across the globe. DIGITAL Gold token is an innovative Stablecoin that seeks to digitize gold with blockchain technology. This project has come at a time where even well-established brands are planning to bring their own native cryptocurrency.
Physical gold has been round for long and it seems the prestige associated with that precious mineral is not dying anytime soon. Digital gold is an initiative that would digitize this precious metal known as gold. More details can be found on the official website: https://gold.storage
Stablecoin is a sort of digital money that are pegged to the estimation of the exact value that is stated, without any level of fluctuations attached to it. Irrespective of how stablecoins are made to be binded to the USD dollar as a technique for profiting consistent quality.
THE PROSPECTS THAT COMES WITH GOLD
Gold has always been a precious metal with amazing prestige attached to people who own a piece of it. Gold is a proper transmitter of electrical current and warmth. Obviously, it is not likely for anyone to see warming radiators made out of gold, but it is used as plating for electronic contacts.
Gold is readily adaptable: one ounce (under 30 grams) of this metal can be stretched out into a touch of wire 80 kilometers. Good old gold string are also used for weaving.
The thickness of gold is also high, notwithstanding gold is not the densest of all metals. A kilogram of gold is about 4.5 centimeters in length when fully expanded.
Being expensive, gold is a challenge to genuine wearing. Dressing up with gold coated ornaments comes with a long term prestige.
THE DIGITIZATION BY DIGITAL GOLD
The GOLD token provides a high liquidity, looking at the token underwriter association, DIGITAL GOLD LTD which would act as a liquidity supplier. Customers are allowed in a brief instant buy and sell a great deal of tokens through a Digital Gold Marketplace, or partner exchanges. Another amazing aspect of Digital Gold is that customers don’t have to waste time or business hours before they can conduct transactions on the platform. In the light of the way that the carrier is accessible throughout the day on the marketplace. Liquidity is always high on the platform hence customers can always take advantage of it.
As discussed above, overseeing physical gold includes that customers have an open private records to stay in consistence with regulatory frameworks that exist across the globe. The team at digital gold shares in this vision hence GOLD token holders privacy would be protected.
Most budgetary analysts understand that the lifestyles everyone desire for gold to always be prestigious. This motion is supported by the Lindy Effect, an idea that depicts how the future lifestyles ensures any expectation of a preferred position is elevated. Gold’s occasion for heaps of years ensures that the adored metal will remain material for quite a long time to come.
CONCLUSION
Through the amazing features that comes with the features offered by the digital gold platform ensures that all the customers have nothing to fear, all issues or challenges that comes with current gold dealership is addressed.
For more information about Digital Gold, please visit:

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