Digital Gold (DGLD)
Description
DGLD is a digital asset representing allocated physical gold stored in a Swiss vault, and tokenized with a side-chain built on the Bitcoin network. In doing so, DGLD creates a convenient, 24/7 option for purchasing physical gold, without the middlemen.
Each DGLD token is the digital equivalent of 1/10th of a troy ounce of gold, vaulted in Switzerland. Before a new token is created, LBMA gold is allocated and placed in a Swiss vault. Then, DGLD representing that specific gold is created and sent to a DGLD wallet. This simple approach unleashes physical gold and renders it both digitally usable and physically redeemable.
Full Name | Digital Gold (DGLD) |
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Start Date | N/A |
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Website | exchange-support.blockchain.com/hc/en-us/articles/360037384052-Digital-Gold-DGLD- |
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Net Hashes Per Second | N/A |