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Information BitGold Inc. Includes $ 3.5 Billion Dollar Investment In Round

Title :  BitGold Inc. Includes $ 3.5 Billion Dollar Investment In Round
Lasting :   8,27
User :  Kazrazil
Date of publication :   2019-08-13
Views :   656
Liked :   492
Downloaded once :   226

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Description BitGold Inc. Includes $ 3.5 Billion Dollar Investment In Round

BitGold Inc. (not to be confused with Bitreserve with the same name, bitgold) has just been completed, the cost of $ 3.5 million us dollar investment round ahead of its Q1 release. The company expects that gold is a suitable means of payment, and provides a versatile platform for the exchange of gold, Keeper of the vaults, payments, and services.

Also read: Gold And silver In The Blockchain: digital tangible Partner of Agora commodities

BitGold Inc. Includes $ 3.5 Billion Dollar Investment In Round

The gold served as a near-universal payment medium for most of human history. However, the proliferation of unbacked government currencies and the rise of electronic payments caused, the gold is used less as currency and more as a long-term protection against inflation.

BitGold ceo Roy Sebag is that frustrating.

Since my days as a professional investor I have wondered why there is no easy way to own and spend gold in a legal, transparent, tax and compliance policies.

In addition to the legal complications from the use of gold as currency, precious metals, the processing of gold is not easily divisible, less practical for everyday use. This difficulty has been used along the history, such as copper and silver were to the operations of minor importance, while the gold was reserved for the great.

Sebag said BitGold, the goal is to restore the gold to its place as a means of payment, practice, and make it possible for small transactions.

A true possession of gold and requires gold in a secure vault and saved, so that it is very difficult to pass, especially in the micro-transactions. In BitGold, we decided this problem through the development of a platform for the exchange of gold, which is part of the technology of payments and of the part of the custodian, so that a powerful experience of the user, the progress of gold is a fitness element, access to and use of the unit of account and a store of value and medium for the internet, an operating system for the gold.

Co-founder Josh Crumb, says technological innovations, such as the blockchain, have made it possible, this dream.

The Blockchain technology unleashed a wave of payments innovation that will empower you to people throughout the world by reducing the cost and increasing the access to the security and transparency of financial services...we see the gold, the active bitcoin was designed to mimic, as an important element in this empowerment. The flexibility of the BitGold platform allows gold to be a core savings account, together with the digital currency for payments globally, or as a natural part of the world, the storage and the safety valve to an inevitable internet of money. The internet-the money must be rooted in the choice and the autonomy of the person, and we offer flexible and secure platform.

BitGold she waits for her start in the first quarter of 2015.

What do you think? Comment below!

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Comments BitGold Inc. Includes $ 3.5 Billion Dollar Investment In Round

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