Review on Digital Gold by yosmal herrera
digital gold trading under a safe environment
The gold trade has always been a lucrative and ostentatious business; more now that it can be done safely and fully digital thanks to the use of distributed ledger technology.
This is possible through the Digital Gold platform; a blockchain infrastructure that allows the design of a secure global trade network for the most precious metal: gold.
But, what else does this commercial tool offer us?
• Free access to an open and non-custodial market for the purchase and sale of gold in digital format; using the GOLD ERC-20 cryptographic protocol, which operates on the powerful Ethereum blockchain.
• Secure infrastructure to store large amounts of gold in digital form, thanks to the use of the GOLD ERC-20 token
• Ease of trading the precious metal with simplicity, security and comfort from anywhere in the world, from the Digital Gold platform
• Peace of mind to invest in a digital asset backed by a real asset safeguarded in physical and auditable
• Immediate exchange of digital assets under a transparent platform
• Trading with a stable value currency, due to the equivalence of the GOLD ERC-20 token with the physical value of the metal
There are definitely reasons to invest in digital gold with the Digital Gold platform.
Pros
- Promotes the globalization of the digital gold trade
- Allows the purchase of tangible gold in a transparent and safe environment
- Makes it easy to store large amounts of gold electronically
- Employs audit mechanisms of the deposits that guard the gold
- The tokens are backed by gold in custody
Cons
- It has no disadvantages
