Thursday, January 30, 2020

Gold stablecoin

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Friends, hello everyone. In this article I want to share my knowledge and thoughts. And also I want to make you smarter and richer. How ? You ask. Everything is very simple.
You must have heard about gold more than once. And you know that it has a tendency to constantly rise in price. Therefore it is a profitable investment. But you can’t even imagine what problems you have to overcome before buying it. For example, let's just list a few of them:
  • purchase problem
  • gold storage problem
  • the problem of selling or transferring it
And these are just a few of the problems you will encounter when buying gold.
But do not rush to be upset. With the advent of new blockchain technologies, the possibility of digitalization has appeared. And the company DIGITAL GOLD decided to simplify operations related to gold.
DIGITAL GOLD is a project that is completely based on the blockchain and was successfully created to digitalize gold operations. With Digital Gold, users can easily buy, exchange, store and sell gold. All this is possible thanks to the GOLD token. It is intended to be used as a stable coin, which is tied to the value of gold.
One GOLD token = 1 gram of gold 99.99% fine
Currently, the price of 1 gram of gold is $ 45 if you want to buy a GOLD token. You can use your own marketplace
And here to buy tokens for bitcoin or ethereum. https://gold.storage/en/market
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Thanks to the Blockchain Ethereum and the standardization of ERC-20 tokens, stable gold coins have an equivalent amount of gold in the safe. A good level of security on the blockchain network will keep all your data anonymous, you do not have to worry about buying and selling gold when visiting a gold store.
DIGITAL GOLD works closely with smart contracts. Each GOLD token is issued according to the Ethereum smart contract, the number of circulating tokens is always equal to the total amount of gold in bullions stored in the safe.
Digital GOLD Benefits
  • Guarantee
    All tokens are fully supported by physical gold, which contributes to a price increase and continued growth. This can be seen in real time. To increase the level of trust, all physical gold is stored in the branch’s secure storage in collaboration with BullionStar.
  • Confidentiality
    When carrying out any operations, the user only needs to provide his Ethereum address. No need to go through KYC procedures. Everything is completely anonymous.
  • Costs
    Unlike the traditional banking system. You do not need to spend money on expensive storage. No transaction fee is required. And you can send tokens without problems and high costs.
  • Liquidity
    The holder of the Gold token can instantly purchase or redeem tokens on the website or through partner exchanges.
In conclusion, I would like to say that Digital GOLD helps and simplifies the acquisition of gold. No need to provide documents and your identity remains private. But most importantly, the digital token is provided with real gold. This is what causes confidence! My answer is definitely YES!

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for full information, you can follow Digital Gold official here
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