15/10/19 04:52 UTC-5

CoinShares cryptoassets manager issues Bitcoin-based gold tokens

CryptocurrencyCoinShares issues gold tokens on Bitcoin
CoinShares issues gold tokens on Bitcoin

Together with blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
wallet provider and high-priced medal trader MKS (Switzerland) SA, the digital currency company CoinShares launches a Bitcoin-based network for tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
gold-backed tokens after two years of development.

Digitized gold

CoinShares will use more than $20 million in gold to back up tokens. Each DGLD coin is backed with 1/10 of a troy ounce. The chairman of CoinShares, Danny Masters, said that network security is the core of the Bitcoin state:

“DGLD combines the stability of the world’s most sustainable asset, gold, with the security of the world’s most sustainable network, Bitcoin.”

The gold digital currency is notable for combining the invariability of the Bitcoin network and the stability of Switzerland’s gold depository. The product is available for trading for both retail and institutional investors. CoinShares plans to open the tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
trading on the digital exchange The PIT by Blockchain in more than 200 countries.

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See also: "The tenth-largest exchange in the world launches BNB ETP"

#CoinShares #Blockchain #Bitcoin #MKS #Switzerland #gold #tokens

Editor: Alyona Deryabina


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