Crypto currencies had enjoyed an almost transient investor fancy in the recent years. However, the loss in value was also sudden, but consistent. In fact, Bitcoin has been losing value almost consistently until gold came to its rescue. The idea of pegging the value of a crypto currency to gold has been the gold standard in crypto trading and investment. With the launch of ICOs for such projects investors have regained confidence in crypto currencies and their trading. Indeed, there are a number of benefits of these crypto currencies. These are high tech crypto currencies that are easy to trade and secured by a precious metal like gold. The use of Blockchain technology for generation, distribution and transaction of crypto currencies is the icing on the cake in terms of security. In fact these projects are kind of crypto currency ecosystems on their own. DRC Gold coin too is one of them but is superior and a champion in this class.
DRC Gold Coin:
DRC Gold Coin is a decentralized utility token based on Blockchain technology. As investors put their money in the project they are issued with tokens. They can use these tokens in a variety of transactions throughout the DRC Gold coin ecosystem. The platform offers a number of applications for trading. Investors can preserve gold through the tokens issued by the platform. They can also invest in gold, insurance, mining, e-commerce and fiat currency through these tokens. In effect it is going to be a complete financial ecosystem, in the crypto world.
The Ecosystem of DRC Gold Coin:
Applications:
•The founders are building an application to make purchase and sale of Crypto currencies smoother. Investors and customers can log into their accounts through its APP. What this will do is that it will facilitate investors in rural areas to access their accounts as well as the trading platform.
Market Place:
It is indeed a financial marketplace in crypto world. Here people can invest during ICO or after the ICO; they can buy gold, insurance, or fiat currencies. They will launch an online retail system that will accept DRCG & other main cryptos as a form of payment. It also plans to offer discounts to entities who would accept payments for their goods or services through DRC Gold coin platform. So, clients can pay using DRC Gold coin. Indeed, DRC Gold coin is gaining traction as a mode of payment. This e-commerce success will take advantage of the millions of DRCG users/owners to make the coin more popular & increase usability worldwide.
Mode Of Payment:
The DRC Gold coin token is being taken up as the mode of choice for payment in the gold extraction, purification and distribution industry. The company is holding talks with leading mining companies as well as mining service providers to add DRCG as one of the modes of payment in their platforms. Many of them are enamored by the secure and verifiable nature of transactions offered by this Blockchain technology enabled platform. This has the potential to almost eliminate transportation risk of hard money. It can also reduce money transfer fees and taxes. What is more, this platform also provides guaranteed payments and insurance since all transactions are secure and private.
Gold Refinery:
DRC Gold is in the process of setting up a sophisticated gold refinery in Uganda. Gold mined in DRCG and places in East Africa would be refined in Uganda. There would also be outlets to showcase gold products. A gold showroom is also set to come up in Kampala, Dubai and New York. This refinery has the potential to create jobs in the mining and allied services industry.
Cryptocon:
The highly regarded crypto conference, also known as Cryptocon, to be held in Calgary Canada in January, 2019 is set to explore the realm of gold-pegged crypto coins. It is held in order to get answers for questions that people in general and investors and customers in particular may ask.
A group of professionals and experts experienced in crypto mining, media, crypto currency trading etc have set out to define the realms of crypto trading. They are set to discuss Crypto currencies, use of Blockchain technology by communities, future of Cryptocurrency and application of Blockchain in such businesses. DRC Gold coin is high on their agenda.
Leading Crypto Currency
DRCG may soon become the leading Cryptocurrency platform, and it is here to stay.