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Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
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The Perth Mint Issues a Digital Token Backed by Physical Gold Reserves
The issuance of new digital currencies has almost become a given in this day and age. Not all of these currencies are linked to companies active in the world of blockchain and cryptocurrency. The Perth Mint Gold Token is a good example. It is issued by a recognized financial institution and aims to revolutionize payments. Back to the Gold Standard? It is somewhat remarkable to see so many companies and service providers show a desire to go back to a form of money tied to physical gold. Although the gold standard was removed from the equation many decades ago, there
The post The Perth Mint Issues a Digital Token Backed by Physical Gold Reserves appeared first on The Merkle Hash.
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Australian Gold Refinery Announces Plan to Develop Cryptocurrency
Perth Mint, Australia’s largest gold refiner, has announced plans for the development a cryptocurrency backed by physical gold. If successful in developing the altcoin, it will join a long list of virtual currencies seeking to entice cryptocurrency investors to experiment with commodity-backed virtual currencies, including Venezuela’s soon to be launched ‘petro’. Also Read: Venezuela Considers Selling […]
The post Australian Gold Refinery Announces Plan to Develop Cryptocurrency appeared first on Bitcoin News.
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