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What Is GoldLinks?
Goldlinks is a platform that aims at linking gold to digital wealth or assets. It offers gold exchanges digitally through a blockchain-based platform. Users can sell or exchange gold digitally for legal currencies. Besides, the resource is stored in world-renowned. Goldlinks issues a digital currency, the Global Gold Cash, which is blockchain based.
This digital currency uses or supports gold—physical gold as an asset. Goldlinks was launched in Asia and the developers believe that it will increase gold flow globally. The developers are equally hopeful that it will help make silent assets digitalized. In addition to the Global Gold Cash, Goldlinks has issued the Global Gold Token, which is utilized by the Global Gold Industry Blockchain Community. A member can manage, redistribute, and record their assets in the community. Members enjoy discounts on buying gold and they get investment opportunities for gold mining.
Real Gold For Sale
Goldlinks is the first of its kind to offer transactions using real gold for sale, transaction services, and exchanges digitally on a blockchain-based platform. It has a Gold digital bank where users can exchange Global Gold for legal currencies. This is possible at any time and without conditions. There is a potential for the Global Gold Cash (GGC) to grow in value. The GGC and the Global Gold Token (GGT) have a dual currency mode with sound interactions, which give them that potential to grow in value.
Trades
GGC is the first of its kind in digital currency, used to settle international trades. Besides, the developers believe that it will be used in many more business scenarios. The GGC supports real or physical gold as an asset and is believed that it will increase the flow of gold globally. With the opportunities given by the GGT to mine gold, a miner can share in the growth of Goldlinks as a project. The miners can participate in gold asset exchanges, digital gold and unlimited other exchanges.
Application Of Global Gold Cash (GGC)
GGC will be used as a tool for barter trade globally. It has the ability to grow and be used as a basic value exchange tool for circulation and digitalization of assets. It can also be used as a safe haven or hedging tool in case of fluctuations in the market. GGC can be used as a tool for wealth management.
Based on the blockchain platform, GGC can be used as consensus and a value of consensus for groups within the platform. The GGC will be used as a receipt, which gives rights to possession of physical gold. GGC is given for each physical gold asset in warehouses in a one-on-one manner to ensure equal distribution and stability of the coin.
Safe And Secure Transactions
Once a transaction has been confirmed it cannot be changed based on blockchain technology. A ledger is kept as a record of all transactions and users can refer and modify according to the endorsement strategies.
A consensus strategy is placed and a node may reject a transaction based on the endorsements. A node confirmation is based on first come first served basis.
Importantly, a public Key Infrastructure is used to manage membership and member rights.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.