Review on The Midas Touch Gold by Jorge Hernández

Name: The Midas Touch Gold
Item: The Midas Touch Gold
Rating: 4

April 23, 2021

digitizing gold for global virtual commerce

Gold represents one of the most lucrative and commercial precious metals in existence. For this reason, it is not surprising that technology is used to digitally market this profitable asset.
The philosophy employed by the creators of the Midas platform promotes the global expansion of the trade of this precious metal in a safe and practical way thanks to the use of distributed ledger technology.
In this way, exchanges can be made based on the use of digital assets linked to a real good, such as gold.
Midas promotes digital commerce to acquire goods and services based on a virtual currency, framed under a secure and efficient infrastructure.
By using the digital representation of gold, it seeks to assign monetary value to goods in the physical world so that they can be reliably exchanged and traded globally, under a non-custodial platform free of intermediaries.
The Midas Touch Gold network creates a borderless commerce infrastructure for the digitization of physical assets, backed by a cryptocurrency of digital value that allows to buy goods and services safely.
This premise develops an unlimited economic system to value physical goods on a global scale.
One of the most outstanding characteristics of The Midas Touch Gold ecosystem, consists of tokenizing real assets by registering them in an unalterable way in the distributed ledger.
Another favorable point of this network; is that it operates under a robust infrastructure such as the Ethereum chain; which makes possible the use of smart contracts to facilitate the execution of operations and asset conversion efficiently, safely and quickly.
The Midas Touch Gold is a protocol with a futuristic philosophy that aims to digitize the corporeal assets of our real life to be able to commercialize them worldwide with total security.
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