Gold is one of the oldest and most stable assets people around the world have been trading with for centuries. Each coin/token is backed by at least one gram of physical gold which provides a stable floor price. When we compare the supply of gold to the supply of Bitcoin, we notice that both are being mined, albeit in their own particular ways. Gold can be found in soil, rivers, and rocks all over the world, regardless of borders. Similarly, independently of their location, Bitcoin miners receive a reward for providing the network with computing power to verify and settle transactions.
Digital Gold is a project built on blockchain based on the ethereum network. The project allow users to buy, sell and trade coverage in physical gold through the ethereum based GOLD erc-20 token.People having known this are now concerned as to how these tokens can be securely stored, and how they can also keep it safe. This then shall be the focus of my publication today. I shall tell you and show you how to securely store your digital gold tokens. Using the Digital Gold erc-20 token, users will be able to buy and sell coverages in physical gold. This entails that the primitive processes of buying, selling and storing this physical gold would be fully eradicated. The coin is an Ethereum based ERC-20 token that equals to one gram of physical ninety-nine percent purity gold stored at secure vault. Digital Gold team, consisting of highly qualified blockchain, finance, asset management, IT and legal professionals, has invested months of hard work to make this launch happen.