Tag - Digital Gold

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Saturday, January 8 2022

Dignity Gold

Dignity Gold is bringing 300 billion in reserves in precious metals to the gold/crypto market.

Pioneering a new way of holding gold's value digitally & watching that value grow.

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AuBit Prime is relabeling to Freeway Prime

Hold gold in a supercharged account & earn 20% APY

Or store your funds in a regulated insured brokerage account & earn 8%- 16% APY

Sign Up Here

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Dignity Corp gold reserves-backed security token to list on CryptoSX Exchange

US-based Dignity Corp has announced that its native DIGau token will be listed on the CryptoSX digital assets exchange on 11 January. The company is taking a very innovative approach by backing its security token with gold reserves.

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Dignity Corporation Adds $20 Billion In Precious Metals, Platinates and Rare Earth Elements In Secure Mining Claim Reserves

Dignity Corp, an established US-based digital security that is crafting a revolutionary approach by backing a security token with gold reserves, announces that it has secured $20 billion in additional gold, silver, platinum and rare earth elements mining reserves along with mill processing operations.

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Wednesday, November 10 2021

Will Crypto Backed by Gold Bring Wave of New Investors?

Released by Dignity Corporation, Dignity Gold has now entered the crypto world with its new currency – the DIGau crypto. With a stunning gold reserve of $6 billion, DIGau crypto is an e-current rated in gold.

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Wednesday, August 4 2021

Precious Metals Data Provider Kitco to Issue Gold-Backed Stablecoin

Kitco, a Canada-based provider of news and data on gold and other precious metals, is getting into the stablecoin game.

Kitco Gold (KGLD) will be fully backed by physical gold held in Kitco’s DirectReserve vaults and will track the real-time market value of the yellow metal, according to a press release shared with CoinDesk on Wednesday.

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Friday, April 16 2021

Marriage of Gold and Cryptocurrencies: A New Future?

Let us imagine that Jeff Bezos bought up 20 gold mines with total contained gold of 50 billion ounces. Next, let us imagine that he created and issued a digital currency backed by this gold. If Jeff pledged that any holder of the digital currency could turn up at the mine and exchange the digital currency for an ounce of gold and that his digital currency would never exceed the ounces backed by the gold … would you use that digital currency? As cryptocurrencies evolve, having a ‘hard asset’ to back them could become paramount!

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Thursday, May 28 2020

Celsius Adds Tether Gold with 4% Interest on Custody

Tether Gold holders will receive an annualized interest of 4 percent for keeping the digital currency on Celsius’ interest-bearing accounts.

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Wednesday, April 29 2020

Going for Gold?

Alongside growing demand for gold, interest in gold-backed digital tokens, which can be transacted and stored on cryptocurrency exchanges and wallets, has also grown of late. Since September 2019 a number of new gold-backed tokens have been issued from established crypto companies, such as Tether, Paxos and Blockchain.com, and the total value of gold-backed tokens has grown by over 16x in the past year to more than $160m in value.

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Friday, January 3 2020

Gold on a blockchain? What, how and why?

Tokenised gold may be one of the most important developments in the gold industry. Short of physical use cases, it improves on the functionality of gold in every way – in that it’s trivial to store, it’s readily-accessible to anyone with an internet connection, and it can be traded cheaply and instantly all across the world.

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Tuesday, December 31 2019

Turkish Bank’s Blockchain Platform for Digital Gold Transfers Goes Live

Turkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live.

Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, repayment and transfer of digitized gold,

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Tuesday, December 24 2019

A new era of digital gold payments systems?

Will these new blockchain-based gold payments systems make gold payments popular again?

Gold stablecoins certainly make it easier for people to make digital gold transfers. Users needn’t go through a cumbersome know-your-customer process.

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Friday, November 22 2019

Gold's future may ultimately be digital says Tradewind

As the rise of digital assets allows swifter movement of capital, investors now have an alternative asset to buying physical gold: digital gold.

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Monday, November 18 2019

Cryptosphere Courts Gold Bugs as Bitcoin Loses Some Luster

The cryptocurrency world is seeing a surge in the issuance of gold-backed tokens, with some of the digital-asset industry’s biggest and most controversial participants joining in on the fresh gold rush.

The throng behind the Tether stablecoin and the Bitfinex trading platform plan to issue Tether Gold before Christmas. The token will be backed 100% by bullion reserves, according to Paolo Ardoino, who serves as chief technology officer for Bitfinex and Tether.

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Sunday, November 17 2019

Building Empires Out of Gold

James Turk is widely respected as one of the true legends of the gold market, with over 40 years in the business. In conversation with Grant Williams, James looks back on his career, which is entwined with the modern history of gold, examining the potential for the next break to the upside and what comes next when empires of money end

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Thursday, October 24 2019

UK Royal Mint unveils a $23,000 payment card made from solid gold

Britain’s Royal Mint has produced a solid gold payment card — and you’ll need to fork out £18,750 ($23,460) to buy one.

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Tuesday, October 15 2019

CoinShares jointly rolls out a gold token ‘DGLD’, built on the bitcoin network

Imagine a gold product - with characteristics of physical gold and gold exchange-traded funds (ETFs), as well as the 24/7 nature and security of the bitcoin network. That was the aim of three firms behind the DGLD token

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Monday, October 14 2019

Gold and Blockchain: A Budding Financial Romance at the Perfect Time

The marriage of blockchain technology’s open truthfulness with gold’s alluring scarcity makes for a highly transparent, secure and liquid financial instrument with which to hedge against currency depreciation, allowing average consumers and retail investors to hold onto the value of their savings.

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Friday, October 11 2019

Nexo Adds PAX Gold as Collateral Option, Eyes Earn Interest on Gold Accounts

With PAX Gold, a digital token on the Ethereum blockchain, representing a physical amount of gold held in the vaults of London-based Brink, Nexo now offers gold investors instant access to their gold wealth in over 45 fiat currencies via same/next day transfers and across 200+ jurisdictions.

True to its innovative DNA, Nexo will be adding PAX Gold for its ‘Earn Interest’ product that will pay up to 8% per year of interest on gold, debunking the century-old stigma that “gold does not pay dividends”. This value proposition makes Nexo the only financial institution in the world to pay interest on gold in kind.

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PMGT - Perth Mint Gold Token

PMGT allows blockchain users to conveniently trade and hold gold stored at The Perth Mint.

Digitally manage your entitlements over the physical gold, convert and pick up gold bullion of your choice or get it delivered globally.

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