The Future of Tokenization of Real-world Assets With Comtech-Digital Gold (CGO)

2022-6-6 10:51

Nowadays, Gold and silver are being accepted as tokenized real-world assets by blockchain-based platforms. Blockchain-based digitization has taken currencies online, allowing us to make payments and transfer funds without ever touching them.

Because of inflation, the value of any currency will not be the same after five years. As a result, finding the correct investing strategy to protect against inflation is critical.

Gold, for example, has long been regarded as a buffer against inflation, and many people consider it an alternative currency.

As an investment, gold is a reliable and secure asset. There have been several revolutions in global markets, especially digital assets, as the digital world has progressed.

However, because currencies are constantly prone to inflation, long-term investments frequently turn out to be far less than what the investor anticipated. Real-world assets are being tokenized.

 Tokenized real-world assets are asset classes like real estate, classic automobiles, watches, or gold, silver, and diamond that may be integrated into blockchain systems to allow investors to invest in them simply.

Recently, the COMTECH FZCO launched the First UAE-based Shariah Compliant Gold Token ($ CGO) on XinFin’s XDC Network to buy and sell 99.99% pure digital gold online through crypto exchanges. The Comtech Gold (CGO) represents one pure gram of gold and it is based in the Dubai Airport Free Zone (DAFZA), which is known as the largest hub for gold merchants and already has eco-system facilities such as custodians (like Transguard), supply chains, direct access to the airport, and customs clearance.

The COMTECH Gold Token ($CGO) is backed by actual gold that is instantly recognizable and separated. Each gold purchase and sale will result in the actual delivery of Tokens from the Seller to the Buyer, ensuring Shariah compliance. CGO token is already listed with bitrue.com exchange (Pair CGO:USDT) and many gold traders and jewelry makers started accepting CGO token.

Because of blockchain technology, all of this is feasible. According to a study done by the World Economic Forum, blockchain infrastructure would control 10% of global GDP by 2027, since several digital assets coexist on the same financial platform.

 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Golos Gold (GBG) на Currencies.ru

$ 0.0077733 (-2.90%)
Объем 24H $0
Изменеия 24h: -17.51 %, 7d: -17.17 %
Cегодня L: $0.0077733 - H: $0.0095975
Капитализация $99.238k Rank 999999
Доступно / Всего 12.767m GBG

gold assets real-world blockchain-based allowing currencies taken

Источник: bitcoinist.com

gold assets → Результатов: 126


Новограц: 2020 финансовый год станет годом Bitcoin. Криптовалюта продолжает обгонять Уолл-стрит

Энтони Помплиано, управляющий партнер Morgan Creek Capital, отметил, что за год, то есть с 24 марта, Bitcoin подорожал на 69%, а золото — на 25%, что лучше, чем динамика Уолл-стрит за то же время. 12 month performance of assets: S&P: — 14%DJIA: — 21%Gold: + 25%Bitcoin: + 69% Educate yourself. Wall Street ain't looking out for…

2020-3-25 14:21


Фото:

Two Popular Altcoins Still Recording Over 140% Gains in 2020 So Far

As Bitcoin jumps to nearly $6,900, altcoins follow up. However, this time, the world’s leading cryptocurrency is the one that is ruling the market with over 6% gains in the past 24 hours. After experiencing a massive sell-off that dominated all asset classes, whether equities or gold, Bitcoin with other risky and safe-haven assets are […]

2020-3-24 20:45


The world gold miner tokenizes assets and opens trading on Coinsbit, Simex and P2PB2B exchanges

Recently, in search of easy and big profits, to the crypto market have come many new investors who thoughtlessly invested money and manipulated the price of cryptocurrencies, as a result of which thisThe post The world gold miner tokenizes assets and opens trading on Coinsbit, Simex and P2PB2B exchanges appeared first on AMBCrypto.

2020-3-11 12:45


Фото:

Coronavirus: Millennials Choose Bitcoin as the Best Investment

iTrustCapital, a Los Angeles-based firm that enables clients to buy and sell bitcoin (BTC) and other cryptocurrencies, as well as physical gold in retirement accounts on a 24/7 basis, has released its latest survey report which reveals that most millennials prefer to invest in digital assets and gold in the wake of the coronavirus pandemicRead MoreRead More.

2020-3-4 22:00


BTC Remains Unaffected With Stock Market Plunge, Out of Control Gold; But It’s a Good Thing

Renewed fears that the coronavirus will negatively affect the global growth has Gold going out of control. The bullion soared toward $1,700 an ounce amidst a flight to haven assets. “Commodities are witnessing another risk-off day as coronavirus concerns boil up,” said Norbert Ruecker, head of economics at Julius Baer Group Ltd adding, “the flight […]

2020-2-25 19:22


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

*W3DNA Overview: Benefits Of Web3 Domains

The last couple of years has seen a significant shift towards digitalization, creating several opportunities, including the rise of domain names. Domain investing or domaining has become popular mainly because it provides a healthy return on investment (ROI).

5 Best Upcoming Crypto Presales in 2022

Presales are often the best time to get involved in potentially exciting cryptocurrency projects. Private and public presales provide the opportunity to invest in a project at what could possibly be the lowest price before it hits centralized and decentralized exchanges.

7 Most Sustainable Crypto Tokens for 2022

Love crypto but worried about your carbon footprint? Here are the seven most sustainable crypto tokens of this year and how they make a difference. The Most Sustainable Crypto Tokens for 2022   IMPT (IMPT) — The Most Sustainable Crypto Token of 2022 Earthling (ETLG) — Green Token that Simplifies Climate Action Chia (XCH) — […]

B2Core of B2Broker Now Supports REST API

A new version of B2Core REST API – a modern and innovative administration system from B2Broker, the world famous leader in technological solutions and liquidity for CFD, crypto and Forex markets introduced a new update of its system B2Core, which now supports REST API and thereby facilitate the work with its products and services. Such […]