DIGITAL GOLD – DIGITALIZING GOLD INVESTMENT THROUGH THE BLOCKCHAIN TECHNOLOGY.

OVERVIEW
Gold is a very precious mineral which is next to diamond in terms of value. Gold has been performing well on the market as its price assumes a continues upward trend over the years. Because of this, gold has been one of the few assets investors aren’t afraid to throw some few dollars into. On the other hand, digitalization is gradually affecting every facet of our lives. Investing in physical gold could sometimes be stressful as investors are sometimes faced with security and theft issues. The paperwork and storage fees alone that investors have to go through before securing and owning gold can even discourage them to invest. Your physical gold could be stolen or get lost and all your investment would go waste. With the recent rise in the popularity of the blockchain technology and its mass adoption, combining it with gold investment to synergize the benefits of both industries would be a revolutionary milestone for investors. Investors should start rejoicing because this is about to happen. Oh yes! You heard me right. Digital Gold is here with us.

WHAT IS DIGITAL GOLD

Digital Gold is a blockchain-based project backed by a very precious physical asset; Gold. With Digital Gold, investors can now invest in physical gold with little to no hustle. You just sit at the comfort of your home, visit the Digital Gold website (https://gold.storage) and make a purchase of your gold with your cryptocurrency, without going through any identification processes. Each Gold token is equivalent to a gram of 99.99% of FINE gold which has already been stored in the company’s store room. The Digital gold company itself is a supplier so investors are being given access to unlimited purchase and sales of digital gold on the Digital Gold marketplace without any extra platform charges. Compared to banks, Digital Gold offers the cheapest way of acquiring and investing in gold and its related storage issues. Privacy is key on the Digital Gold market platform as users can go through all the necessary steps to own gold without disclosing his or her identity to any third party.
One major challenge in the crypto currency market is price volatility. Prices keep on decreasing and increasing within minutes to hours, keeping investors always on the lookout. They can’t predict whether their investment is going to grow or vanish within the next few hours. Fortunately, GOLD tokens are pegged to a stable physical asset which also has a long-term rise property. As a result, volatility is being taken care of on the market. With the application of the blockchain technology, all processes on the platform are going to be transparent and transactions will also be safe and fast with lower charges.

CONCLUSION
Many at times, new projects have to organize crowdfunding to help raise enough funds to develop the project. This is not same for Digital Gold, because the project is fully funded by the project developers themselves so every GOLD token purchased goes straight to the investors gold account. The company has no control over a user’s account as the platform is fully decentralized so there is nothing like account blockage on the platform.

DISCLAIMER: This is a promotional article written by @dacosta for Digital Gold market project and not a financial advice. I therefore entreat investors to do their own research before investing.
Follow the links below to read more about Digital Gold:
Website: https://gold.storage
Whitepaper: https://gold.storage/wp.pdf
Twitter: https://twitter.com/gold_erc20

Authorship
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1982533