Digital Gold | Digital Assets Backed Up By Physical Gold

The way things are currently in the cryptocurrency industry is getting more better faster than expected. Everyday we are seeing the launch of more credible innovative projects than what we have seen before in the industry and this is a sign that crypto will be among the industry that will revolutionize our world in some years to come. This is further reveal with the way Digital Gold blend cryptocurrency with Gold in order to revolutionize both industries.

What is Digital Gold?

Digital Gold is a crypto asset with a new approach. It is designed in a way that it will bring long lasting positive innovation that will further disrupt the industry and make cryptocurrency an idea less volatile asset that is backed by physical gold.

Ideally, the coin took two significant steps to achieve the milestone. That is the use of a Gold-backed asset. The other is the possibility of deriving stablecoins from the said asset.

With the achievement of those two goals mentioned above, those who invested in the platform will be confident that the token will not be at the risk of high volatility associated with crypto assets.

With this in view, I am happy to be among those that will share the good news of this project to the world and its benefits for the crypto world.

The Stability of Gold & Digital Gold’s Digitalization Policy

It is well known by all that gold is less volatile and it as served as means of keeping wealth for ages. The value of gold always stable for long term and this what led the team of Digital Gold to create a gold model on a blockchain infrastructure.

With their way of doing this, they will be able to fast forward the digitalization of gold which will give more power to the users of the platform. Also, investors will be rest assured that their erc20 based Gold token would be of help in retaining the value of their crypto assets like what's obtainable with USDT.

As I said before that the token is backed with real physical gold which makes it to be a stable token, so the project has vault for keeping gold. For example, each gold token equals to one gram of physical gold and with this, those who buy the gold token will be able to get fiat equivalent of the token.

Why Blockchain?

The innovative blockchain technology is trending for the significant roles it is playing in the digitalized business world. Digital Gold will enjoy the benefits of this innovative technology which includes decentralization, immutability, low transaction fee, transparency and many other unique features.

Apart from this, the use of this innovative technology assist in eradicating the need of third-party trust verifier service . The same applies to the seamless execution of contracts and low fees attached to the whole activity.

Features of Digital Gold

It may not yet see the reason why you swap your assets with Digital Gold token. In this paragraph, I will highlight the reasons why you have to do so which am well assured that those reasons will convince you to do so. Below are the highlighted features which makes the token to be one of the best stablecoin out there that one can use to hedge his crypto assets.

1. Low Fees
   In crypto world, no one is ready to pay high fees for transfer of their assets no matter how much the asset is in usd value therefore, the small cost offered by Digital Gold is an offer one will find it very difficult to ignore. With the token, one will be able to make as many transactions as possible without paying additional or multiple transactions fees.

2. Security of Assets
   As we all know that blockchain is highly secured, so likewise the assets on it but it goes beyond this with Digital Gold because the token is also back with real valuable physical assets which is kept in a well secured vault.

3. Privacy
   It will be of something of interest for anyone to know that the identities of users on the platform is anonymous. The platform allows you to buy the Gold-backed token without revealing their identity. You also enjoy this whenever you are trying to sell your assets. All you need to do is to provide a private wallet address of yours for the transaction.

Conclusion

The world of crypto coins continues to change. The model of Digital Gold is a good step in the right direction and it will be of help to crypto investors by giving them full control over the value of their assets even if the overall market is in red. The platform also digitalized gold and gives everyone opportunity to own a Gold-backed digital assets.

There is no doubt that this is a project that will stay here for long and revolutionize the industry as we know that most times, the value of Gold always appreciate over time. With this, am optimistic that Digital Gold will achieve its goals and also do more in the nearest future.

Useful Links
Official Website : https://gold.storage/
White paper: https://gold.storage/wp.pdf
Telegram: https://t.me/digitalgoldcoin
Twitter: https://twitter.com/gold_erc20
Medium: https://medium.com/@digitalgoldcoin
ANN thread: https://bitcointalk.org/index.php?topic=5161544

Article written by Torchlight
https://bitcointalk.org/index.php?action=profile;u=2587983