Press Release

DIGITAL GOLD Launches Stablecoin and Market-leading Solution for Secure and Private Gold Ownership

September 10th, 2019, Singapore – The target of the Digital Gold platform is to digitalize physical gold and make it possible to transfer over the blockchain. GOLD stablecoins establish a digital link between a real-world asset (gold) and a gold-backed digital asset.

DIGITAL GOLD released its product for both precious metals investors and blockchain communities based on Swiss-audited secure Ethereum smart-contract. GOLD token is a true treasure for those who are looking for reliable stablecoin or just want to easily invest money in real gold with full privacy, top-level security and complete transparency guaranteed by a real-time audit of gold bullion assets in Singapore-based vault storage.

About DIGITAL GOLD

Gold has been used to store value for thousands of years. The unprecedented long-term stability of its purchasing power exceeds any fiat currency.

GOLD tokens offer a fast and easy way to store, buy, sell, and invest in gold-backed assets with complete privacy. Blockchain technology serves to record all transactions involving digital GOLD tokens, which represent real gold.

The GOLD Stablecoin

GOLD stablecoin is neither an altcoin nor a new blockchain. GOLD tokens act as a digital representation of the gold stored in a secure vault storage owned by BullionStar  – a world-famous global provider of solutions for precious metals storage located in Singapore – one of the leading financial centers with strongest ownership rights in the world. Therefore, GOLD stablecoin is just as stable as physical gold, and at the same time, it’s much easier and cheaper to store and transact it.

  • The total number of all GOLD tokens issued will always equal the amount of physical gold deposited in the BullionStar vault.
  • The project’s clients can verify the actual amount of gold deposited in the vault by using the real-time audit feature
  • DIGITAL GOLD guarantees full liquidity of GOLD stablecoins. Any amount of digitalized gold can be purchased or sold 24/7 on the official marketplace of the project and cryptocurrency exchanges.

Unlike cryptocurrencies pegged to US Dollar, Euro or other fiat currencies, your GOLD tokens cannot be expropriated or frozen while physical gold is located in a secure vault in a jurisdiction with strong ownership rights. There are no hidden fees; the project offers free transactions between holders and the lowest annual storage fee of 0.99% (0.0027% per day).

The company plans to further reduce the storage fee in the future and implement a flexible fee policy.

The founders of DIGITAL GOLD are sure that GOLD stablecoin will grow to become one of the key elements in the global cryptocurrency ecosystem. Unlike BTC, GOLD is characterized by extremely low volatility. At the same time, as opposed to fiat-pegged stablecoins, GOLD will constantly grow in value relative to all fiat currencies following the increase in the price of gold relative to these currencies induced by inflation.

 

To learn more visit the Website: https://gold.storage

 

Learn more on Medium – https://medium.com/@digitalgoldcoin

Chat with us on Telegram – https://t.me/digitalgoldcoin

Connect on Twitter –  https://twitter.com/gold_erc20

Join the community on BitcoinTalk – https://bitcointalk.org/index.php?topic=5161544.0

Media Contact

Contact Name: Alex Fort

Contact Email:  alex.fort@gold.storage

 

DIGITAL GOLD is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. The information does not constitute investment advice or an offer to invest.

 


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Guest Author

Share
Published by
Guest Author

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

3 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

3 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

3 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

4 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

5 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

5 months ago