}
Hi everyone
Today we will take a look at the benefits of digital gold. Benefits not previously explored. This token has a number of advantages over other tokens that make it worthy of attention. By reading this section, you will learn more about this token, which will lead to its purchase and maintenance, so join me to examine the token.
Explain the problem
many tokens have been unveiled, the list of these tokens on the coinmarketcap site is over 2000 tokens, and if we look at other sites. The total number of tokens provided will reach more than 6,000 items! This is just about cryptocurrencies. Many digital currencies (non-cryptocurrency digital currencies) have also issued their own holes, like PMG. But all these currencies have their own problems. For example, in the case of Perfect Token, it can be said that its portability is possible at a very high cost. Or other tokens are not decentralized enough. Therefore, the following disadvantages and problems can be summarized in the case of gold.
1- Very high transmission fee
2- Low liquidity
3- Being focused
4- Disclosure of privacy
5- Cost of storage
From the items listed above, we will look at the issue of privacy disclosure in gold token trading.
Privacy issues
As you know, privacy is one of the most important necessities of life today and also one of the basic human rights that supports the freedom and independence of individuals from other individuals, the media and governments. Privacy has various dimensions, among which we can mention such things as spatial privacy, property privacy and intellectual privacy, including information privacy, communication. Simply put, privacy, space, information, communications are a legal component of individuals that should not be violated in any way. But it is observed that in banks, as soon as money is transferred from one person to another, various issues arise and your privacy as well as the recipient of the money is violated. This is the biggest problem in communicating in common ways. This is especially important in the storage and transportation of expensive goods such as gold, because if information is disclosed, the gold may be stolen and the owner of the gold will suffer the greatest damage. Therefore, a solution must be devised for these problems. The digital gold token has also solved this problem so that buyers and sellers will not need to disclose their information in any way, and this is the biggest advantage of this token. But how does a digital gold token solve this problem? We explain this question below.
solution to Privacy issues
As mentioned above, privacy is one of the most important issues in exchanges. Privacy can increase the security of transactions, as well as protect assets from the bite of thieves, tax authorities, and the problems that governments create. Physical gold does not protect the privacy of individuals, because when you buy gold, you must provide your ID card to the seller, as well as your financial records will be sent to the tax office. So this is a fundamental weakness for physical gold that needs to be addressed. The gold token solves this problem using the blockchain network. The ETH network, as a platform that uses blockchain, is one of the most important ways to protect your privacy. Trading on this network is done completely anonymously and also has unimaginable speed. You do not need to go to a bank or exchange office in the city to cash your gold, you do not need to have an ID card with any of these items. All you have to do is sit at your desk and make your transfers via the digital gold token and the eth network by pressing the keyboard keys.
Conclusion
In this post, we looked at digital gold tokens and the importance of privacy in transfers, the weaknesses of physical gold, and the strengths of digital gold tokens. As is clear. Digital gold token has unique capabilities. This token, especially when it comes to privacy, gives the user the assurance that he will keep his assets in a wallet that no one else has access to, without worrying about privacy disclosures and the consequences of disclosing their information. Be sure to buy digital gold, you will be surprised.
sourcess
Site: https://gold.storage/en/home
White paper: https://gold.storage/wp.pdf
Telegram: https://t.me/digitalgoldcoin
BTT profile: https://bitcointalk.org/index.php?action=profile;u=298521