#Bullion Token

[bulliondefi]

What is Bullion Defi?

Bullion Defi is a new innovative decentralized finance project for you to lend, borrow, and earn interest by staking bullion assets. This platform ensures to provide a secure, transparent, and accessible method to eventually access the benefits of bullion assets and events without the hassle to store, transport, or verify them. Feasibly, you can deposit the bullion tokens safely backed by physical bullion that are kept in vaults, and receive bulk interest in return. You can also borrow bullion assets by giving other cryptocurrencies as collateral.

Bullion Defi platform facilitates smart contracts to properly automate the lending/borrowing process, hence, ensuring the safety of the funds. The project is powered by the Bullion network token named BLO assets that can further be used for governance and incentives on the platform. Moreover, you have the right to stake BLO tokens and participate in the decision-making process to earn rewards.

Bullion Defi and Bullion Token (BLO)

This is one of the first platforms to represent the traditional asset class of bullions to the Defi space. Bullion Tokens denoted as (BLO) is a standard multi-chain tokens backed by the overall bullion blockchain network, designed to offer a stable and secure store. This asset will give effective value to investors who are interested in hedging against inflation and currency devaluation. The company claims BLO assets to be the first crypto token fully redeemable for bullion at any instance and any place.

Bullion Token (BLO) is intended to further release in different standard blockchains including BEP20, ERC20, SOL51, POLYGON, etc. The Bullion decentralized project is meant to develop and promote the entire BLO ecosystem and will emphasize its resources to improvise, research, develop, and governance protocols for better growth. BLO is a utility token, hence, not supposed to boast any particular value outside the BLO ecosystem.

The lite paper also mentions the organization later partnered with various bullion dealers and vault providers in order to avail and safeguard the bullion reserves. The total supply of Bullion assets BLO token is capped at 20 million coins, of which 36% are allocated for the staking purpose, 30% are reserved for the scheduled minting, 5% assets are kept for development and marketing stuff, 6% tokens are raised for seed sale and remaining tokens are reserved for the team, contract royalty, developers, and presale aspects.

Why Bullion Defi Platform is Better Than Other Competitors?

· The project offers a unique opportunity to invest in assets that have been developed with intrinsic value and historical significance.

· It allows you to diversify your portfolio with real assets to eventually hedge against inflation and currency devaluation.

· The platform gives you much more chances to earn passive income by lending or staking your bullion tokens.

· You can access liquidity by borrowing bullion coins BLO at low-interest rates.

· This new domain creates a global community of bullion enthusiasts and investors who will benefit from the advantages of crypto as well as bullion markets.

The project’s avant-garde protocols are determined to empower every single user with versatile options including yield farming, staking, along liquidity provision. These are meticulously designed to maximize your returns with time and active participation.

Join the Bullion Club | Be a Bullioniare

By joining the Bullion bandwagon, you can make most of your passive earnings within a quick time and in fact, earn bigger profits. How?

Staking ROI: Earn daily returns on staking with the 6 different available packages

Referral Royalty Income: 25 Level Instant Reward credits available for inviting your friends, and accomplices onboard the project

Staking Royalty ROI: Grab daily rewards by inviting/referring people on ROI-based agreement

Binary Income: Get around 24% Instant Reward with the match of 1:1 invite network

Binary Royalty Income: Earn a royalty of binary match on the invitees’ 8-level referrals

Bullion Rank Reward Income: Get your rank on the business match while earning bulk shares from the company business

Bullion DeFi Products

You can enjoy the best features and services of these upcoming decentralized applications to be deployed on Bullion blockchain and ecosystem:

1. Bullion Blockchain

A blockchain platform to transform the precious metals industry with a safe, transparent, and efficient way while storing, trading, and managing the metals assets.

2. BullionScan (Explorer)

A powerful explorer tool to track, manage, and verify transactions, addresses, along other blocks performed on the overall Bullion Blockchain network with real-time visibility.

3. Blockchain Bullion Coin (BLO)

A native currency to leverage transactions, secure the network, and incentivize joiners within the Bullion Blockchain ecosystem.

4. Bullion Dex

A decentralised exchange built and accessible on the Bullion Blockchain platform for trading countless cryptocurrencies as well as precious metals within a P2P network to take control of your funds.

5. Bullion Exchange

A user-friendly digital marketplace to buy, sell, and trade precious metals in a secure, transparent, and effective manner.

6. Bullion Games

A web3 gaming DApp to access various modes and participate in blockchain-based games to earn rewards in BLO tokens, hence; getting the best of a gaming environment.

7. Bullion Peer-to-Peer

A P2P application to transact within the Bullion Blockchain network directly safely by replacing the need for intermediaries and initiate a trust-less exchange of assets.

8. Bullion Staking (BLO/USDT)

A staking platform to stake the Bullion tokens (BLO) and in return earn rewards in terms of USDT. This application will effectively promote network security and give you a passive income stream to maintain the project’s stability and growth.

For more information, you can access the official webpage or lite paper. You can also join the social media channels for the next update.

website: https://www.bulliondefi.com/

Twitter: https://twitter.com/bulliondefi

Facebook: https://www.facebook.com/BullionDefi

Telegram: https://t.me/bulliondefi

Reddit: https://www.reddit.com/user/bulliondefi

[siliconpalms]

Texas Gold-Backed Token as a Gateway to Bitcoin

On November 21, Cody Harris, a Republican member of the Texas State House of Representatives, took the stage at the North American Blockchain Summit to address the development of a state-issued gold-backed digital token. In a fireside chat with David Duong, Coinbase’s Head of Institutional Research, Harris outlined the potential of this initiative to serve as a bridge for Texans exploring digital…

[deafmangoes]

Currencies in fantasy settings and particularly TTRPGs (and the genre of vidya games they spawned) is a personal interest of mine.

Because they're often really boring and plain. I shall now vent about this.

Now, there's one very good reason for it: players can't be arsed with exchange rates and complexity in this area. Gold is just how much wealth-per-stab your murderhobo is currently making.

The less good reason is designer laziness. Even on the rare occasions they decide not to just name them "gold, silver, copper" it's nearly always just a fancy fantasy name slapped on top of a decimal system.

For us that makes sense. Pretty much everyone uses decimal coinage these days.

You may be aware, however, that in the past most coinage was bonkers complicated - at least, to the modern person. Before decimalisation in the 1970s, the UK had a currency loosely based on a Base 12 system.

That is, you had 12 pence (d) to 1 shilling (s) and 20s to £1 (originally, pounds were only of real use to bankers and nobles, hence the shift in number). 1s could be subdivided into sixpence, threepence and tuppence, while 1d could be divided into hapennies (1/2d) and farthings (1/4d). You also had crowns (5s) and half-crowns, groats (4d, sometimes) sovereigns (£1, different name, don't ask) and guineas (eventually fixed to £1, 1s). Plus a whole bunch of short-lived coins, which happens when your system has never been properly reformed for 800 years.

When I, a decimal child, first learned about this I thought it was insane. How could shopkeepers do anything with that mess? But what I missed was that Base 12 is the easiest for the human brain to calculate.

Yes, without computerised registers (for which Base 10 was already standardised), a human merchant, shopkeeper or customer could do more with Base 12 because 12 has so many factors: it's divisible by 2, 3, 4 and 6. 10 is only divisible by 2 and 5. Despite all the weird extra coins tacked in, the basic units of pounds, shillings, pence (£sd) was easy to use. We changed it because everyone else was.

So on a setting without computers or even mechanised calculators, why do they have a decimal system?

Be brave! Confuse your readers and players! Make the currency Base 30 except for some foreign coins used as bullion that are treated as Base 7 for religious reasons.

This also lets you play around a bit with rewards - instead of a sack of coin worth 30 gold, why not present your party with some old gold coins that might be worth 30g to a lord's personal bank, or up to 200g to the right collector.

Escape from gold, too - explore your dwarves using palladium or various alloys, mithril fractions set in "less precious" metals, etc. Elves might eschew coinage altogether and use other tokens that represent a value of age or crop yield. Pre-Meiji Japan based their economic system on rice yields, with 1 ryō (the basic gold coin) being equivalent to the amount of rice one person could eat in a year (a koku).

Of course for the sake of ease you should always have a conversion chart handy, but I find that toying with currency is a simple but very effective way to worldbuild and create immersion. Plus, it's just kinda fun.

[borgersrarecoins]

Website : https://www.borgersrarecoins.com/

Address : 237 E High St, Hellertown, PA 18055

At Borgers Rare Coins & Fine Jewelry, you will never have to overpay for our precious metals, coins or silver. Borgers Rare Coins & Fine Jewelry takes great pride in our work to provide honest and fair prices for our rare coins, precious metals, fine jewelry. Borgers Rare Coins & Fine Jewelry has a large inventory at our disposal, we carry gold, precious metals, rings, bracelets, watches, necklaces, silver, rare coins, rare money notes, and estates. Visit Borgers Rare Coins & Fine Jewelry today or give us a call and schedule an appointment.

Estate Liquidation Specialists

DON'T SELL YOUR RARE COINS FOR SCRAP PRICES!

610-838-6919

973-390-4606

Borgers Rare Coins & Fine Jewelry specializes in buying NGC & PCGS certified coins and paper money. Borgers Rare Coins & Fine Jewelry also buys and sells GIA certified diamonds.

WE PAY TOP DOLLAR FOR:

GOLD & SILVER JEWELRY

PLATINUM JEWELRY

US AND FOREIGN COINS & CURRENCY

WATCHES

STERLING SILVER FLATWARE

DENTAL GOLD

VINTAGE COSTUME JEWELRY

GOLD, SILVER, & PLATINUM BULLION

DIAMONDS & DIAMOND JEWELRY

HISTORICAL ITEMS

ANTIQUE TOYS & COLLECTIBLES

TOKENS

[jenniferphilop0420]

Is Gold Tokenization a Good Investment? Expert Insights

Gold has been a symbol of wealth and stability for centuries, cherished by investors for its enduring value and protection against inflation. With technological advancements, investors now have a modern way to invest in gold: tokenization. But is gold tokenization a good investment? Let’s explore the concept, its advantages and risks, and what experts have to say.

What is Gold Tokenization?

Gold tokenization is the process of converting physical gold into digital tokens on a blockchain. Each token represents a fraction of real, tangible gold. Blockchain technology ensures security, transparency, and ease of transaction for these tokens, making them accessible to a broad range of investors.

How Does Gold Tokenization Differ from Traditional Gold Investments?

Unlike physical gold or traditional gold investments (such as ETFs), tokenized gold allows for fractional ownership. This flexibility means investors can own a portion of gold without dealing with the logistics of storage and transfer. Moreover, gold tokens can be easily bought, sold, or traded on digital platforms, offering more liquidity than physical gold.

The Growth of Tokenized Assets

The digital transformation of the finance sector is driving the popularity of tokenized assets. Blockchain’s rise has spurred interest in a wide array of tokenized assets, including real estate, art, and commodities like gold. Tokenization makes previously exclusive assets more accessible and tradable for all investors.

Advantages of Investing in Tokenized Gold

Accessibility and Affordability – Tokenized gold removes high barriers, allowing investors to buy smaller portions of gold.

Transparency and Security – Blockchain provides a transparent ledger of transactions, reducing the risk of fraud.

Fractional Ownership and Transferability – Gold tokens allow easy and swift transfer of ownership, ideal for a global market.

Risks Associated with Gold Tokenization

Like any investment, gold tokenization has its challenges:

Market Volatility – Digital assets, including gold tokens, can be volatile.

Regulatory Uncertainties – Tokenized assets operate under evolving regulations, creating uncertainties.

Security Risks – Despite blockchain’s security, digital wallets can be vulnerable to hacking.

Comparing Gold Tokenization to Other Investment Options

Tokenized gold competes with traditional forms of gold investments, such as:

Physical Bullion – Traditional, tangible but less liquid.

Gold ETFs – Offers exposure to gold prices without physical ownership.

Gold Mining Stocks – Higher-risk, influenced by market and company performance.

How to Invest in Gold Tokens

If you're interested in tokenized gold, follow these steps:

Research Platforms – Select reputable platforms with positive reviews.

Purchase Tokens – Decide on the number of tokens to buy based on your budget.

Store Safely – Use secure digital wallets for storage.

Best Platforms for Gold Tokenization

Some popular platforms include:

Tether Gold – Known for stable value, backed by physical gold.

Paxos Gold (PAXG) – Provides transparency with assets audited monthly.

Digix Gold – Offers easy-to-access gold tokens with audited reserves.

What Experts Say About Gold Tokenization

Financial experts suggest that tokenized gold has the potential to reshape the gold market by making it more accessible. Some experts believe it’s a promising asset for diversification, while others caution about the risks tied to digital assets.

Gold Tokenization and the Future of Investment

As digital assets gain traction, tokenized gold may play a vital role in investment portfolios. It offers investors a bridge between traditional assets and digital finance, appealing to both crypto enthusiasts and traditional investors.

Regulation and Compliance

The regulatory landscape for tokenized gold is still in development. Some governments are cautious, while others see tokenized assets as an innovation. Investors should stay updated on regulatory changes to understand how it might impact their investment.

The Environmental Impact of Gold Tokenization

Blockchain is energy-intensive, but compared to traditional gold mining, tokenization’s environmental impact may be smaller. Reduced need for physical infrastructure and logistics makes it a potentially greener alternative.

Is Gold Tokenization Right for You?

Tokenized gold may suit investors looking for a blend of traditional and digital assets. However, assessing your risk tolerance, financial goals, and the role of tokenized gold in your portfolio is essential before investing.

Conclusion

Gold tokenization is an innovative way to invest in a time-tested asset, offering accessibility and flexibility. However, it comes with unique risks and requires careful consideration. As the market for tokenized assets grows, understanding these dynamics can help investors make informed decisions.

FAQs

1. What is tokenized gold? Tokenized gold is a digital representation of physical gold on a blockchain, allowing investors to own and trade fractions of gold.

2. Is tokenized gold safer than traditional gold? While blockchain adds transparency and security, tokenized gold involves digital risks that traditional gold does not.

3. How do I buy tokenized gold? You can purchase tokenized gold through platforms that offer these assets, such as Tether Gold or Paxos Gold.

4. What happens if the platform I use for tokenized gold shuts down? If a platform closes, assets might be frozen, and retrieving your investment could be complex, depending on regulatory protections in place.

5. Can I convert gold tokens back into physical gold? Yes, some platforms allow token holders to redeem their digital tokens for physical gold, but this often comes with specific requirements.

[rose-mason-talk]

The Pros and Cons of Gold Tokenization: A Comprehensive Exploration

It has been more than a thousand years that, gold stood for wealth and stability, and also became a primary factor of many economies even before the existence of coins and much later banknotes. Now, however, in an age of technology advancement where the internet has made way for blockchain and crypto-currencies, the very landscape in which value is understood, traded, and stored has undergone seismic shifts. One of the most interesting trends in the last years has been the emergence of gold tokenization– this is the development where physical gold is converted into a digital token that appears on a blockchain. Such an inventive solution allows integration of the age-old phenomenon of gold and contemporary digital money, thus presenting both prospects and problems.

This blog will analyze the merits and demerits of gold tokenization in detail and discuss what it means for the investors, financial systems, and the economy at large.

What is Gold Tokenization?

It is important to establish first what the expression 'gold tokenization' means as there is no point in analyzing the outcomes first. Gold tokenization is, by and large, the process of creating digital tokens on a blockchain to signify ownership of a certain quantity of physical gold. The tokens are supported by the respective amounts of gold stored in vaults and each token corresponds to a specific weight of gold, like 1 gr, 1 oz.

These tokens can be sent, exchanged or stored in a similar way as cryptocurrencies where the gold reserves are used to back the value of the token. Gold tokenization brings together the most important aspects of both the physical assets and digital currencies. The former is the stability and the inherent worth of gold, while the latter, is the use of the fast, secure, and easy to access block chain system.

The Pros of Gold Tokenization

1. Liquidity and Accessibility

The enhancement of liquidity and accessibility is one of the primary benefits accompanying the gold tokenization. Conventional modes of investing in gold, for instance buying bullion or coins, usually come with logistical complications. They worry about how to keep, secure, and physically move such gold. Besides, the processes involved in trading actual gold are long and frustrating with regard to settling trades.

Yet another aspect is the fact that gold tokens make it simple for investors to buy or sell gold in seconds using digital exchanges; with a simple click of a button, gold tokens can be traded in or out instantly. Investors can buy or sell even the tiniest fractions of gold, thanks to tokenization, accessible at the most minimal amounts possible. Because gold can be easily tokenized, the same global coverage and liquidity it offers gold opens doors for small scale investors who would not have been able to invest in gold.

2. Lower Transaction Costs

The reduction of transaction costs is yet another major advantage associated with gold tokenization. Typically, an extensive network of brokers, vaults, and insurance companies is involved in the process of traditional gold trading. These intermediaries impose various charges, which, especially, for low-value, frequent turnarounds do tend to climb significantly.

Due to the technology's inherent decentralization, the blockchain makes it possible to make transactions directly between users without the need to go through a central authority. This reduction of middlemen has a direct effect on the fees imposed and hence investors of both long and short duration can find it economical to utilize the technology in gold tokenization.

3. Transparency and Security

Gold tokenization services give a fresh perspective on ownership and trade in gold by promoting transparency. Every activity in a blockchain system is recorded in an open, unchangeable ledger. This makes sure that all changes in ownership can be seen and tracked. This is not the case with conventional gold markets, which are often prone to high levels of darkness and unresponsiveness to audits.

In addition, this technology is based on secure principles that are unbreakable and which protect transactional activities from the criminals. Investors can trust digital wallets to hold their tokens without fear of loss and tokens holders are able to ascertain the existence of the gold backing those tokens through an on the blockchain reserves proof, thus increasing confidence in the system.

4. Fractional Ownership

The concept of gold tokenization has made it possible for fractional ownership of the yellow metal whereby inverstors can buy pieces of gold instead of whole bars or coins which they would have had to before. This makes the investment in gold a better alternative for most people including those who cannot afford to buy large amounts of physical gold, which is usually the case.

The introduction of fractional ownership also draws the possibility of incorporating the yellow metal even in everyday use. To illustrate, gold tokens could be introduced as a digital currency such that people can buy or sell goods and services using portions of gold instead of the normal money used.

5. Diversification and Portfolio Stability

For an extended period, gold has been regarded as a safe haven asset, mostly performing well during inflation or economic stress. Fractional ownership of gold allows the investors to seamlessly diversify their investments by adding a stable, inflation-proof commodity in their holdings. Unlike cryptocurrencies, which can be extremely unstable at times, physical gold has an intrinsic worth and a historical performance which is attractive to the risk-averse individuals.

The use of gold in conjunction with the digital trading platforms allows hedging risks associated with investment markets, while at the same time ensuring liquidity and availability of the golden products.

6. Global Trading Without Borders

Gold tokenization facilitates global trading without the complications of cross-border regulations and currency conversions. With blockchain-based tokens, investors can trade gold seamlessly across international markets, without worrying about exchange rates or restrictions imposed by different countries.

This has the potential to make gold a truly global currency, increasing its utility and appeal as a medium of exchange.

The Cons of Gold Tokenization

The benefits that come with gold tokenization are many, however, it comes with a few disadvantages. As excited as one may be about entering this niche market, there are a couple of cons worth considering.

1. The Risk of Regulation

Gold tokenization suffers from one of the pending threats which is the risk of policy and regulatory actions taken. Actually, the law governing cryptocurrencies and blockchain-driven assets is still maturing, and jurisdictions vary in their stance towards the regulation of these technologies.

Thus, for some regimes, gold tokenization might be considered as a securities market, where all actions are highly regulated. In other cases, such activities are treated as creating a value based on a commodity. Such a scenario can be especially difficult to work in for small players, especially new entrants, as well as investors. The absence of a global harmonization of regulatory practices also implies that projects involving tokenized gold will have difficulty growing internationally, even when there is demand for such a change.

2. Risks of Custody 

Despite an improvement in security for digital transactions courtesy of the blockchain technology, there are needs for the physical gold that backs the tokens to still be kept in a fortified vault. This leads to a custody risk, which is the fear that such vaults may either lose the gold or mismanage it. In the extreme, it may also mean that there would be no ability to exchange the tokens for their worth in gold.

Investors in the gold tokens need to have faith in the gold reserves management organization in terms of reliability, security, and auditing control. Poor custodial services might harm the image of plausible confidence that gold backed tokens are a good investment.

3. Concerns of Centralization 

Blockchain is generally decentralized, but this is not always the case with gold tokenization which often employs a third party to physically hold the gold reserves. This centralization is dangerous because it presents a single point of collapse; should the gold holding management fail, the entire scheme where tokens are issued against the management collapses and the tokens become worthless.

For some advocates of the blockchain concept, this dependence on vaults stands against the essence of what blockchain decentrilisation is intended for. Investors in the digital gold coins must weigh the advantages of engaging in digital gold transactions against the possible threat of having a third party custodian.

4. Market Dynamics and Price Kinetics

Putting money into gold is thought to be a safe idea. However, looking at the current market which seeks to sell tokenized assets, this confidence may not be entirely accurate because there will always be speculation and investor sentiment about base tokens. In addition to directly proportional variations to the inherent price of gold, the tokens prices may also be pegged to the activities in digital exchanges scaling up or reducing in value, and even the general health of the blockchain industry variably.

This means that while gold tokens are redeemed for a rather secure gold asset, such tokens ring-fence nervous money and may pose extreme risks especially in nascent economies.

5. Risk of Technology

The whole process of gold tokenization has a lot of dependence on the blockchain technology that enables it. People generally think of blockchain as being tamper proof and secure from risks but it also comes with issues like hacks, bugs and network problems. If there is a breach on a given blockchain that contains gold tokens, all the norms as to the valuation and usage of such tokens would change radically to their disadvantage.

At the same time, investors should remember that there may be a possibility of a situation where there are two two different versions of the same blockchain, thus creating problems with regard to the ownership of their tokenized gold assets.

6. Early Stages: Limited Adoption and Liquidity

Although the potential is promising, gold tokenization as a concept is fairly recent. Hence, adoption at present remains across the board limited, and liquidity could prove difficult in the early stages. There are markets for gold tokens that have been developed by some platforms, but the limited popularity may affect how useful they are at present.

It shall remain so until tokenized gold is embraced by a majority of exchanges, merchants, and institutional investors. Usability as a means for day-to-day transactions may still remain limited. In reality, investments in gold tokens may present challenges in terms of converting them into cash or using them for purposes, other than speculation.

To summarize:

Gold tokenization is an intriguing mix of the financial systems than incorporating gold in the investment and trading of modern technology. This is because it entails low transaction costs, high liquidity among other things. The mechanisms of buying gold on a fraction of the blockchain in essence brings about a major revolution in the financial system for billion markets in all for the investors world.

But gold tokenization has its downside as well. There are risks tied to regulation, custody and technology that must be factored in. Moreover, the gold tokens market is still quite premature and hence, those who will be the first to adopt its use may suffer from illiquid and volatile prices.

In the end, whether or not an investor gets involved with gold digitization is determined by one’s level of risk, comfort with technology and their faith in the pre-requisites of such a system being operationalized. With the passage of time, as the technology and the accompanying laws and policies improve gold tokenization may transform the way that value is exchanged and stored. Gold which is ever attractive, will marry perfectly with digital assets in this way.

[aiiongoldlimited]

Best Platforms to Buy Digital Gold: Your Guide to Making Informed Choices

Investing in digital gold has gained popularity among investors seeking a convenient and secure way to own gold without the complexities of physical storage. With numerous platforms available, each offering unique features and benefits, choosing the right one can significantly impact your investment experience. Here’s a comprehensive guide to some of the best platforms where you can buy digital gold:

1. Gold Investment Platforms

      a. Gold Exchange-Traded Funds (ETFs)

Gold ETFs are financial products traded on stock exchanges, representing fractional ownership of physical gold. Investors buy shares in ETFs, which are backed by actual gold holdings stored by custodians. Popular gold ETF platforms include:

SPDR Gold Shares (GLD): Known for its liquidity and low expense ratio, GLD is one of the largest and most traded gold ETFs globally.

iShares Gold Trust (IAU): Offers low fees and direct ownership of physical gold, making it attractive for cost-conscious investors.

       b. Digital Gold Providers

These platforms enable investors to buy and sell digital representations of physical gold, often backed by actual gold stored in secure vaults. Key digital gold providers include:

GoldMoney: Known for its global presence and the ability to buy and sell gold in multiple currencies, offering flexibility and accessibility.

Perth Mint GoldPass: Backed by the Perth Mint in Australia, it allows investors to buy and store digital gold certificates, redeemable for physical gold.

2. Cryptocurrency Exchanges

Some cryptocurrency exchanges offer digital gold tokens, which are blockchain-based tokens representing ownership of physical gold. Notable platforms include:

Paxos Gold (PAXG): Each token represents one fine troy ounce of London Good Delivery gold bullion, stored in vaults in London.

Tether Gold (XAUT): A stablecoin backed by physical gold, providing the benefits of both gold ownership and the efficiency of blockchain transactions.

Factors to Consider When Choosing a Platform:

Security: Ensure the platform uses robust security measures such as encryption,       multi-factor authentication, and insurance against theft or loss.

Fees and Costs: Compare transaction fees, storage fees, and any other charges associated with buying, holding, and selling digital gold.

Liquidity: Choose platforms that offer high liquidity, allowing you to buy or sell your digital gold holdings quickly at fair market prices.

Regulatory Compliance: Verify that the platform complies with relevant financial regulations and operates under the oversight of reputable regulatory bodies.

 Tips for Investing in Digital Gold:

Diversify: Consider spreading your investment across different platforms or types of digital gold products to mitigate risk and capture opportunities.

Research: Thoroughly research each platform’s reputation, user reviews, and history of operations before committing funds.

Stay Informed: Keep track of gold market trends, geopolitical developments, and economic indicators that may affect gold prices and your investment.

Conclusion

Choosing the best platform to buy digital gold involves evaluating factors such as security, fees, liquidity, and regulatory compliance. Whether you opt for gold ETFs, digital gold providers, or gold-backed cryptocurrencies, each platform offers unique advantages tailored to different investor preferences and goals. By conducting thorough research and understanding your investment objectives, you can confidently select a platform that aligns with your needs, enabling you to participate in the timeless appeal of gold while leveraging the benefits of digital innovation.

[tasos-perte-tzortzis]

📰📢 📰 LATEST BREAKING NEWS: Business, Economy, Multimedia, Web Development, Science, World

- Join me on ApSense: A cutting-edge business social network that revolutionizes the way entrepreneurs and professionals connect, collaborate, and grow their ventures.

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- InfoSecurityMagazine: Going for Gold: HSBC Approves Quantum-Safe Technology for Tokenized Bullions

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WebMarketSupport: Later today, the solution to the "Knowledge Economy Success Blueprint" Workshop #5 Problem (inside the free member's area). Plus, prizes and hidden bonuses.

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[ericvanderburg]

Going for Gold: HSBC Approves Quantum-Safe Technology for Tokenized Bullions

http://i.securitythinkingcap.com/TDSjyp

[lizseyi]

SDAX Completes USD$50M Series B2 Round With Muscat Precious Metals Refining Company

MPMR is the premier precious metals refinery in Oman

Funds raised will go towards expansion plans in Asia and the Gulf Cooperation Council region (“GCC”)

SDAX, Singapore’s Digital Asset Exchange, is pleased to announce the successful closing of its US$50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining Company LLC (“MPMR”). This follows a US$18 million Series B funding round in 2021 led by PSA International, Straits Trading Company, and New Horizon Global. They joined existing shareholders: ESR, RHT and Crazy Goats, supporting SDAX’s mission to empower investors with access to private markets and alternative investment opportunities.

The funds raised will accelerate the expansion of the SDAX ecosystem on several fronts, chief among them is the focus on client acquisition and the inclusion of other business lines such as wealth and fund management. Regional expansion is another priority, as is the launch of a digital asset exchange in Oman. This platform will not only provide a strategic gateway to the GCC and Africa but will also connect Oman to liquidity pools globally.

Rachel Chia, Chief Executive Officer of SDAX, said,  “The successful Series B2 funding round is a testament to SDAX’s commitment to democratise access to institutional-grade private markets and alternative investments. We value the continued support of our current investors, and welcome both our new shareholders MPMR and the business potential that this new partnership brings. We are particularly excited about the opportunity to expand into the GCC region.”

Nick Cochrane-Dyet MBE of MPMR, and Chair-designate of SDAX, said: “After more than a year of working with SDAX, the results of our partnership have demonstrated the potential SDAX has to offer in democratising investments for financial inclusion. We look forward to deepening our partnership with SDAX by developing capabilities in Oman to provide companies in the GCC with an alternative source of funds, and to building a strong investor base in the region. We look forward to supporting SDAX’s growth journey and contributing to its continued success.”

Tan Chong Huat, outgoing Chairman of SDAX, said: “We welcome MPMR to our esteemed roster of shareholders and are proud of the SDAX team’s well-deserved achievements. Looking ahead, we are thrilled about SDAX’s international expansion and being recognised as one of the leading digital asset platforms globally. I am honoured to have been a part of SDAX’s success and now wish SDAX to attain further heights together with MPMR.”

In April this year, the diversity of products offered on SDAX’s platform has been bolstered by the strongest demand for gold in over a decade. SDAX had teamed up with MPMR to offer securitised Gold Tokens on the SDAX Exchange platform. First of their kind, these tokens offer investors fractional gold investments and trading, backed by physical gold bullion held at Le Freeport in Singapore. Following this, SDAX has issued a popular series of short-term gold financing notes offering investors double-digit yields.

– Ends –

About SDAX

Singapore’s Digital Asset Exchange (SDAX) is a MAS-regulated investment and trading platform serving institutional, accredited and retail investors. We provide access to fractionalised institutional-grade investment opportunities that have not previously been available to most investors. Our strength lies in private credit, real estate and impactful investment opportunities. SDAX partners with corporates, financial institutions and family offices to bring access to the underserved market.

At SDAX, we commit our expertise and technological know-how to unlock innovative investment opportunities to drive sustainable and impactful growth.

SDAX represents the merged entities of digital asset exchange Digiassets Exchange Singapore (SDAX) and fintech company, Minterest Holdings.

The merger and rebranding bring synergy for SDAX by combining capabilities to offer both a Digital Asset Exchange, regulated under its Recognized Market Operator (RMO) licence, and Capital Markets Services, regulated under its Capital Markets Services (CMS) licence.

Visit our website here.

[bulliondefi]

What is Bullion Coin (BLO)?

Bullion is a cutting-edge DeFi platform that is designed and introduced to help you grow your cryptocurrencies effortlessly. With Bullion, you can earn passive income like never before. Our innovative protocols provide opportunities for yield farming, staking, and liquidity provision, all while ensuring the utmost security and transparency.

Be a Bullioniare!

Introducing you to the all-new Bullion Coin (BLO asset) which is a powerful standard multi-chain cryptocurrency backed by bullion assets such as gold, silver, and platinum for you to boost your earnings up to 100X. This asset is issued by Bullion Defi — a decentralised finance platform for you to lend, borrow, and earn interest in order to stake bullion assets.

BLO coin was developed and introduced to offer a secure, transparent, and scalable platform to imply bullion trading and get better investment options. The asset denotes the value of its decentralized application and serves as a mechanism in terms of utility in the ecosystem. This asset is planned to be released in different standard blockchains including BEP20, ERC20, SOL51, POLYGON, etc.

Some of the functionalities, opportunities, and benefits of Bullion Coin BLO are as follows:

- It is pegged to the value of bullion assets that gets stored in safe vaults and audited on serial regular basis.

- It has low volatility giving a user high liquidity due to the easy exchange of bullion assets or any other cryptocurrencies.

- It provides high returns for staking where you can earn much interest/rewards by locking your owned/held BLO coins in smart contracts.

- It allows you to access the global market and wide opportunities for bullion trading and investment where you can feasibly interact with other participants on the blockchain network.

- It supports the development and exploration of the bullion industry while leveraging the adoption of blockchain technology as well as great innovation in the sector.

Bullion DeFi project is on the verge of building, innovating, and exploring one of the biggest and strongest communities that will believe in the core intention, and potential of the project. The team and project consider the community not to be only the holder of the BLO assets but also to hold the right to share technical/promotional suggestions getting all involved in the decision-making activities and betterment of the project.

This project intends to develop, initiate, and promote the BLO ecosystem to eventually dedicate its resources to research, development, and governance. Bullion Coin is a utility token which is not supposed to hold any value outside the BLO ecosystem.

Total Supply: 20 million (20,000,000 BLO)

· Seed Sale: 6%

· Presale: 4%

· Staking: 36%

· Scheduled minting: 30%

· Marketing: 5%

· Development: 5%

· Team Reserve: 3%

· Initial Developers reserve: 1%

· Contract Royalty: 10%

To buy Bullion Coin BLO, follow the below-mentioned steps:

Step 1: Apply and get a compatible wallet to store BLO coins. You have the option to download the official Bullion Defi wallet from the official website or apply to any other wallet supporting ERC-20 tokens.

Step 2: Hold some cryptocurrency in your wallet, as BLO coins are deployed and support the Ether blockchain protocols. So, you hold some cryptocurrency exchange from Coinbase or Binance.

Step 3: Swap your Ethereum assets for BLO coins on a decentralized exchange that lists BLO coins like Uniswap or say SushiSwap. Check out the contract address and the token symbol of BLO coins from the Bullion Defi official portal.

Step 4: Finally, confirm the transaction and wait for the time period to get processed by the blockchain network. Once approved, you get the amount of BLO coins in your wallet balance.

If you are interested and want to learn more about Bullion Coin (BLO) and the Bullion Defi project, you can visit the official website or read out the whitepaper. You can also follow the team on social media channels like Twitter and Telegram.

website: https://www.bulliondefi.com/

Twitter: https://twitter.com/bulliondefi

Facebook: https://www.facebook.com/BullionDefi

Telegram: https://t.me/bulliondefi

Reddit: https://www.reddit.com/user/bulliondefi

[blockchainxtech]

Gold Tokenization vs. Physical Gold: Which is the Better Investment?

Gold has always been a widely accepted form of investment due to its steadiness, inherent worth, and a tool to combat rising prices. Traditionally, the real form of gold has been the choice of many investors when it comes to security in adverse economic situations. Nevertheless, blockchain technology brought about an emerging type of gold investment known as gold tokenization. A more digital way of owning this precious metal that has increasingly gained prominence among today’s young investor population who are conversant with information technology.

Thus, the major question that lingers in our minds is whether we should put our money into gold tokenization or physical gold? Both have got advantages and disadvantages while they serve completely different types of investors. In this post we will discuss some of the notable dissimilarities between gold tokenization and actual gold. Here, we’ll be looking at issues such as liquidity levels, security measures applied when storing them in safes, expenses associated with them as well as each option’s suitability for various investment purposes.

1. What Is Gold Tokenization?

The process of transforming physical gold into digital tokens that can be bought and sold on blockchain platforms is known as gold tokenization. Basically, each token stands for a part of an authentic and tangible gold asset which enables the investors to possess gold in a virtual way and not touch it physically. It is this technology that makes it possible; hence its transparency, security and transaction traceability.

Smart contracts can be created on blockchain platforms like Ethereum and facilitate the movement of tokens from one party to another based on specified criteria. As all transactions why every transaction is recorded on a blockchain, making it hard for fraudsters or manipulators to alter the system which guarantee security of gold that is tokenized. Additionally, some tokenization services have the support of regulated bodies to guarantee that this gold is indeed mined in licensed repositories.

Key Players in Gold Tokenization

A lot of companies are making an impact in the gold tokenization area. For instance, Paxos offers a token called PAX Gold, or PAXG, which is supported by actual gold that is kept in vaults situated in London. Another element from Tether Gold provides tokens that can be exchanged for physical gold stored within Swiss vaults. Such systems permit investors to trade gold on cryptocurrency exchanges allowing for ease of access compared to when using physical cards.

2. What Is Physical Gold Investment?

Physical gold has been seen as among the safest and most stable types of investment for ages. The tangible nature, high liquidity, and global acknowledgment of physical gold as a means to keep wealth have made it widely used in bars, coins or jewelry form. It is not reliant on digital platforms but instead has acted as an insurance against depreciation of currencies, rising prices and decline in economy conditions with time.

Gold you have in safe deposit box is physical gold. This one is more like a personal possession. When it comes to investing in physical gold, the investor can either buy gold bars, coins from a dealer or have them stored within safety deposit boxes from banks or any other institutions. The most prevalent forms of investment involving actual gold are:

Gold bars (bullion): they are gold bars of large size and high purity, usually weighing a kilogram or above.

Gold coins: there is the American Gold Eagle, the Canadian Maple Leaf and the South African Krugerrand among others. For retail investors, coins are usually easier to come by.

Ready to invest in gold? Whether it's the digital ease of tokenized gold or the timeless security of physical gold, take the next step today and secure your financial future. Gold tokenization development company

Challenges of Physical Gold

However, having tangible gold as an investment is more about security but there some logistical and financial restrictions related to this type of investment. If you have a large volume of gold buy then some important questions will arise: where do you store it? what kind of an insurance cover do you need in case it gets lost? how to protect it from robbery? In addition carrying physical gold is quite difficult especially if you want to sell it at a different location where there may emerge other issues such as verification and market price determination.

Gold Tokenization VS Physical Gold

To genuinely comprehend the more advantageous investment choice, we have to measure the advantages of gold tokenization against those of physical gold using some essential variables.

a. Liquidity and Accessibility

Gold Tokenization:

 The major advantage of gold that has been tokenized is its liquidity and easiness to access. The fact that it can trade on digital exchanges every time means tokenized gold can be exchanged almost real time. Besides, fractional ownership is enabled by the blockchain so that investors can own a small part of that gold without large initial investments required. This thus creates more room for a wider class of people into investing in gold.

Physical Gold: 

Unlike digital currency, physical gold is generally less liquid. If you own gold in the form of bars or coins, selling it normally needs locating a buyer, visiting a dealer, or going through an auction house. The method may consume significant time, and sometimes can take longer period to sell at the required price depending on the market conditions. Furthermore, physical ownership of gold often requires a larger initial investment amount since fractional ownership does not exist in this type of metal.

b. Security and Ownership

Gold Tokenization:

Gold tokenization utilizes the security capabilities of blockchain technology to safeguard investments. Because of its decentralised characteristic, it makes cryptocurrency transactions open and secure thereby limiting the possibility of fraud. Nevertheless, there exist certain dangers like the likelihood of hacking or results in losing access to electronic wallets. Even if these hazards are quite uncommon they cannot be overlooked.

Physical Gold:

Physical gold, on the opposite, provide entire ownership in its most tangible form. Thou own gold outright and keep it wherever you want. The main disadvantage here is that secure storage is essential because one can lose or steal it; physical gold is theft-prone and can easily go missing. In addition to this, there are also custodial risks if the gold is held in a vault or with someone else’s authority (custodian).

c. Storage and Maintenance Costs

Gold Tokenization:

Gold tokenization is a great way for investors to avoid the headache of storing gold physically. There are no vaults, insurances or transportation costs involved since tokens are kept in digital wallets. Nevertheless, some minor expenses may come with the maintenance of a digital wallet or making trades via blockchain platforms.

Physical Gold:

Contrarily, storing physical gold is a more secure process. There is involvement in pricing when you decide to lock up gold in your home safe or take it into the bank's vaults. Usually, vaulting services calculate their yearly fees depending on how much gold they are taking care of. In addition to that, an individual will need insurance costs to protect the physical gold from thefts as well as fires among other things.

d. Regulatory and Legal Considerations

Gold Tokenization: 

Some platforms have a clear regulatory framework operating from well-regulated jurisdictions, but others may be subject to relaxed supervision. Therefore taxation develop as significant issues of location choice but they all depend on where you stay. Investers must understand the law and tax obligations involved in owning tokens. However, digital assets are still struggling to find their way as regulations keep on changing including in gold tokenization.

Physical Gold:

There’s been an extensive history involving legal supervision over tangible gold among most countries’ jurisdictions with well-defined rules regarding its possession and commerce. When it comes to the sale of physical gold, tax issues like capital gains taxes do exist while certain nations impose limitations on the quantity of gold that citizens can have or move from one territory to another.

e. Volatility and Market Sensitivity

Gold Tokenization:

Gold tokens are tied to the value of physical gold; however, they can still experience further price variations as a result of various factors such as blockchain marketplace conditions and changes in cryptocurrency demand. For instance, disruptions within the platform hosting the gold tokens or any technical problems that could occur may affect the value or liquidity of these tokens directly.

Physical Gold:

The prices of physical gold tends to be less volatile in nature while they are influenced by general economic factors such as inflation, interest rates among others. Nevertheless, usually the worth of physical gold represents its value without any impact from technological problems and that come along with platforms.

Future Trends in Gold Investment

In the future, it’s likely that investing in gold could spawn some hybrid of the two: digital and physical. Around an acceptable Period; Blockchain technology would have gone wide-range adoption tokens on gold is anticipated to be absorbed towards acceptance by many people as well as regulation. Meanwhile, platforms can provide secure trade routes in addition to safe havens for such tokens rather than pure storage schemes (which may not make sense). However, during times of economic uncertainty very few investments are as attractive as actual gold bullion.

In conclusion, your choice of gold tokenization or physical gold depends on your investment goals, risk appetite and preferences. For example, tech-savvy investors can benefit from gold tokenization because of higher liquidity, greater accessibility and lower barriers to entry while traditional investors prefer physical gold because of the safety that comes with actual ownership and also its historical value.

Mixing both options into one pool has its advantages and this is also true when it comes to gold investment, which can be either digital or physical.

[ontariobusiness]

Gold Bullion: Navigating Market Trends and Investor Sentiments

In the dynamic realm of financial markets, gold bullion continues to hold a significant place, attracting attention from investors who navigate market trends and sentiments. Understanding the factors influencing gold prices, the role of investor sentiments, and emerging market trends can empower investors to make informed decisions in their pursuit of wealth preservation and growth.

1. Macro-Economic Indicators:

Gold prices are often influenced by macro-economic indicators. Factors such as interest rates, inflation rates, and the overall health of the economy can impact the demand for gold. Investors keen on predicting market trends keep a watchful eye on these indicators to gauge potential shifts in gold prices.

2. Global Geopolitical Developments:

Geopolitical events, ranging from political tensions to trade disputes, have a profound impact on investor sentiments and, consequently, gold prices. The metal has historically served as a safe-haven asset during times of uncertainty. Investors closely monitor global geopolitical developments to anticipate potential market reactions and adjust their gold-related investment strategies accordingly.

3. Central Bank Policies:

Central bank policies, particularly those related to monetary easing or tightening, play a crucial role in shaping gold prices. Changes in interest rates and monetary policies can influence investor preferences, making gold more or less attractive compared to other assets. Investors attuned to central bank announcements can adjust their gold investment strategies in response to evolving market conditions.

4. Investor Sentiments and Speculation:

The sentiment of investors, both individual and institutional, can significantly impact gold prices. Market perceptions, risk appetites, and speculative activities contribute to short-term fluctuations. Monitoring investor sentiments allows investors to identify potential market trends and position themselves accordingly, whether it involves taking advantage of short-term price movements or adopting a more long-term perspective.

5. Technological Advances and Innovation:

Advancements in technology and financial innovation have introduced new ways to access and invest in gold. Gold-backed exchange-traded funds (ETFs), digital tokens, and blockchain-based solutions have emerged, offering investors diverse avenues to participate in the gold market. Staying abreast of these technological developments enables investors to align their strategies with evolving market trends.

6. Environmental, Social, and Governance (ESG) Considerations:

ESG considerations have gained prominence in recent years, influencing investment decisions across various asset classes. Investors increasingly look for responsibly sourced gold and gold mining practices that align with environmental and social standards. The integration of ESG considerations into investment strategies reflects a broader shift towards sustainable and ethical investing in the gold sector.

7. Market Volatility and Risk Management:

Gold's role as a safe-haven asset becomes particularly pronounced during periods of market volatility. Investors concerned about potential economic downturns or turbulent market conditions often turn to gold as a means of managing risk. The metal's historical stability during uncertain times positions it as a valuable asset in comprehensive risk management strategies.

In conclusion, navigating the intricate landscape of gold bullion involves a nuanced understanding of market trends and investor sentiments. From macro-economic indicators to geopolitical developments and emerging technologies, staying informed empowers investors to make well-informed decisions in their pursuit of financial objectives. As gold continues to shine in the investment sphere, being attuned to these factors ensures a strategic and adaptive approach to gold-related investments.

[augmontgold]

Exploring 8 Ways to Invest in Gold Online: A Comprehensive Guide

Gold has long been seen as an appealing investment option, prized for its resilience and timeless allure. Now more than ever before, investing in gold online offers convenience and accessibility like never before — no matter if you are an experienced investor or new to finance; investing online gives access to various avenues. In this comprehensive guide, we explore 8 methods you can invest in gold from home!

Buy Physical Gold Online: One of the oldest methods of investing in gold involves purchasing physical bars or coins online dealers, offering tangible assets with which they can securely store. Although investing in physical gold online provides peace of mind for investors, it’s still wise to research reputable dealers as well as consider factors like shipping costs and storage solutions before purchasing physical assets online.

How to Invest in Gold Exchange-Traded Funds (ETFs): Gold ETFs provide investors with exposure to price movements of gold without physically owning it, making online investing in these ETFs convenient and cost effective, providing liquidity and diversification benefits while offering liquidity management fees may provide liquidity benefits but should remain aware of performance of underlying assets when selecting an ETF investment strategy. Consider Gold Futures and Options: Trading gold futures and options contracts online offers investors an exciting way to speculate on future price movements of the precious metal, but also involves high risks due to market dynamics. Investors should prepare themselves for potential losses and implement risk management strategies as an added precautionary measure.

Investment Opportunities in Gold Mining Stocks: Gold mining company stocks offer investors exposure to the industry’s potential growth and profits, making online trading easy for investors looking for diversification across companies and portfolio diversification. Investors should conduct thorough research on individual companies as well as monitoring industry trends carefully for maximum returns on their investments.

Online Marketplaces as an Investment Platform: Online marketplaces provide an ideal venue for buying and selling gold bullion or coins at competitive rates, providing users with easy management of their investments through accessibility. When investing online it is also key that investors choose reputable sellers as well as consider factors like shipping/insurance options as this allows investors to easily manage their holdings. Digital Gold From Augmont facilitates the purchase of physical bullion (i.e. bars of Gold/Silver) for as low as Re. 1 with the ease of online access. The customer can request for the delivery of Gold/Silver purchased from Augmont anytime they want in the form of coins/ bars and jewellery and it will be delivered at your doorstep. Customers can also sell the bullion (bought from us) in a secured and convenient manner back to Augmont.

Utilize Gold Saving Schemes: Gold saving schemes offered on online platforms enable investors to slowly accumulate gold through regular investments at relatively small amounts over time. They offer flexibility and convenience; investors can start small amounts and build upon it over time — though investors should carefully examine each scheme’s terms and conditions, such as fees and redemption options before signing on with one.

Consider Gold-backed Cryptocurrencies: Gold-backed cryptocurrencies are digital tokens backed by physical gold reserves that combine the advantages of blockchain technology with physical gold’s stability to offer investors an all-around investment experience that may offer superior returns compared to conventional investments, though investors should remain wary of potential volatility issues or regulatory concerns related to investing.

Conclusion: Gold investments online provide investors with a multitude of options to tailor their experience and risk profiles, ranging from owning physical gold to trading derivatives or investing in gold-related securities. With Augmont Gold for All, investors can explore various investment schemes, from purchasing digital gold and investing in Gold SIP to acquiring gold and silver bars online. Through thorough research on these available avenues, investors can make informed decisions to expand their portfolio and achieve their financial goals more efficiently. Visit Augmont Gold for All to explore our investment options and begin your journey toward financial success.

[coinbazzar1122]

Buy American Morgan Dollar Silver Investment

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[truthblockchain]

HSBC Launches Blockchain Tech For Gold Trading

HSBC Holdings, one of the world’s leading bullion banks, aims to revolutionize the London gold market by harnessing the power of blockchain technology.

The bank has introduced a platform that uses distributed ledger technology to tokenize ownership of physical gold stored in its London vault, Bloomberg reported Wednesday (Nov. 1), citing an interview with Mark Williamson, global head of FX and commodities partnerships and propositions.

The new system generates digital tokens representing gold bars, facilitating easier trading through HSBC’s single-dealer platform, according to the report.

While HSBC is not the first to explore blockchain’s potential in simplifying gold investing, its prominent position in the bullion market sets it apart, the report said. As one of the largest custodians of precious metals globally and one of the four clearers in the London gold market, HSBC’s foray into blockchain-based gold trading could have a significant impact.