Digital Gold Asset- Provides a Platform For Global Trading Regardless of Location

NEWS CRYPTOCURRENCY
5 min readMar 22, 2021

Gold is an investment instrument that is loved by various groups because of its convenience and relatively preserved value. If previously gold investment was limited to physical ownership, now gold investment can be done non-physically and real gold.

So, what’s the difference?

Crypto assets are slowly starting to be seen as a promising investment instrument. For example, assets such as bitcoin and stablecoins are now becoming options for investors.
Not only investment players, the government and corporations have also started working on this digital investment asset. Starting from making regulations, creating blockchain, to discussing making official digital money. For the latter, several central banks have even met to discuss digital money creation,
many well-known people say, now many have considered that digital currency can be much more effective and efficient. He also added that stablecoins could eventually become a new investment medium for the market.

Basically, this stablecoin works the same way as an existing investment. For example, stablecoins that have gold underlying assets, their investment value moves depending on the price of gold in the market

The same applies to stablecoins that have fiat currency underlying assets, such as the United States dollar or British pound. According to experts, what distinguishes stablecoins is in terms of practical value and usefulness.Much more practical than conventional. In addition, stablecoins are also more secure and transparent because everything is recorded on the blockchain,

Teguh added that currently the prospect of stablecoins has also started to grow and the public has begun to trust in cryptocurrency.The use of stablecoins is considered to provide benefits to keep prices stable so that their use is clear to be the right way to transfer assets. The demand has also increased, it can be seen from the good volume and in CMC it is always in the top 100.

gold stablecoin

Digital Gold:
Digital gold is run in the same way as ETFs but the difference is that EFT is run by a third party which is not the case in Digital gold. Digital Gold tends to provide investors with a direct channel to buy gold with tokenized gold and customers do not face the risk of dealing with a broker. Because it also allows users to trade according to their satisfaction with non-disclosure of identity.

Digital Gold feature
• Digital encourages cheap tokens with no transfer fees
• Provides space for individuals to diversify their portfolios, so that their assets remain in a safe place
• With digital gold, secure ownership
• In Digital Gold there is a high level of liquidity
• There is a guaranteed life span for GOLD purchases

Digital gold and their products

Digital gold is an innovative blockchain-based company that focuses on transactions in the first-class cryptocurrency market, and this is one of the biggest lucrative achievements to subsidize future transactions. Digital Gold aims to be a form of paper indistinguishable from pure gold. This mission is expected to be achieved by providing the opportunity for customers to buy shares in physical gold using ERC-20 GOLD tokens based on ERC-20.
The Digital Gold project has many points of interest for its customers, the gold market, as well as for general blockchain innovation, which allows customers to buy and store GOLD tokens at a glance and store them digitally with anonymity and asset insurance guarantees. Because they are unpredictable and will never lose prestige, clients need to buy Gold Tokens to tend to exchange money or use them as a store of wealth. Get more about this from; https://gold.storage/market

The client is said to have an open personal record consistent with the regulatory framework in the world. The digital gold development team has shared this, so the privacy of the gold token holders will be protected.
What everyone wants is gold is always prestigious. This ensures that any expectations of a preferred position will increase. Gold over the years ensures that the metal will last for some time.

security

Buying physical gold means you own the gold right away. You can touch it, take it with you, and keep it at home. In other words, you can physically own gold. This ownership and direct contact gives a sense of security and assurance that we really own gold, especially proven by ownership documents. This provides a sense of security to someone who is constantly worried about spending money on something unclear or not real.
With GOLD Digital, even if you don’t own the gold right away (because you can only buy small amounts of gold and store it in a crypto wallet), the gold is officially yours. Each gold collected is also supported by the same amount of physical gold, you can verify the amount of physical gold stored at any time.
So, you don’t have to worry anymore about the guarantee of GOLD token security because it is 100% backed by physical gold and the amount of physical gold stored can be matched with the real-time token amount.

conclusion

very good opportunity. Thanks to digital gold all customers need not be afraid of investing in gold, all problems or those related to gold dealers are currently resolved.
Cryptocurrencies are very successful. Digital Gold’s mission is just that,
Gold is one of those assets that will remain relevant for a long time. Digital Gold can achieve its goals and even improve their product in the nearest future.
Digital Gold clearly shows that this is a project that can effectively perform the function of a cryptocurrency, and associate it with highly reliable stable coins that are easy to verify.

More Information Digital Gold :

Website : https://gold.storage
Telegram : https://t.me/digitalgoldcoin
Twitter : https://twitter.com/gold_erc20
Whitepaper : https://gold.storage/wp.pdf
Medium : https://medium.com/@digitalgoldcoin

Author: apaben
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1239366

--

--