Review on Digix Gold Token by JB CRYPTO

Name: Digix Gold Token
Item: Digix Gold Token
Rating: 5

March 24, 2021

promoting global adoption of smart contracts

Cryptocurrencies make our lives easier by allowing us a large number of electronic services just by accessing a digital platform. Nevertheless; one of its weaknesses is the price volatility to which most of these cryptographic protocols are exposed.
To solve this problem, the founders of Digix Gold thought of a solution: to link the cryptocurrency DGX to the value of gold.
In this sense, they established a 1: 1 relationship between the DGX token and the gram of gold, that is: 1 DGX = 1 gram of gold.
What are the consequences or benefits of this conversion?
 It allows to stabilize the value of the DGX token
 Facilitate gold trading through the use of digital currencies
 Simplify the mobility of physical gold
 Provides access to any individual in the world to buy, sell and exchange gold electronically
 Avoid the chances of fraud or theft in the gold trade
 It allows reliable and transparent transactions, by using blockchain resources to guarantee the security of trading operations and exchange of values
 Does not require storage capacity for the possession of digital gold
 It has safekeeping vaults of physical gold that support the issuance of DGX in Canada and Singapore
 Open source platform that allows free access to verification and auditing of the amount of gold that supports the DGX coin
 Allows users to verify by recasting the 1: 1 equivalence between DGX and the gram of gold at any time
Since ancient times, gold has been one of the most highly valued precious metals in the world; For this reason, having the option to be part of this trade is a valuable opportunity that Digix Gold offers us.
Digix Gold allows us to participate in a safe and affordable ecosystem to make investments in gold through the use of digital currencies and without intermediaries.
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