Using blockchain technology, we represent physical gold with DGX tokens, where 1 DGX represents 1 gram of gold on Ethereum. The transparency, security, traceability of the blockchain ensures that DGX tokens can be transacted and transferred with full visibility and auditability. Not only does the immutable ledger heighten security, the smart contract platform eliminates possible human error and risk of fraud that would otherwise be present in the supply chain of gold.
A time-tested safe haven asset, gold will always have universally recognized intrinsic value. Backed by 99.99% gold cast bars from London Bullion Market Association-approved refiners, you can purchase DGX tokens as a hedge against the volatile crypto markets. DGX tokens can be easily transferred across all our partners, exchanges or platforms on Ethereum. The tokens can also be easily stored in and transferred between Ethereum compatible wallets.
Digix tokenises gold on the Ethereum blockchain with our Proof of Provenance (PoP) protocol, which brings together verification by all third parties that we work with to ensure that the process is secure. DGX tokens are minted only upon the affixation of all signatures by our third party partners. The public blockchain further guarantees that records are unalterable and tamper-proof.