A Blockchain Based Global Gold Standard

We are dedicated to news and information concerning a gold standard monetary system based on blockchain. Blockchain is capable of transacting gold-money with an efficiency and transparency never available until today.

Gold Blockchain Basics

Gold Blockchain Basics

It is difficult to entertain the idea of combining gold with blockchain without a thorough understanding of each. Government needs to assume responsibility for protecting and insuring our money considering how critical it is to the health of the country. A gold-backed blockchain system will give great faith in the health and security of our economic engine...

Read More

Fiat Money & Rigged Markets

Fiat Money & Rigged Markets

Our fiat money system was designed to fail. The government borrows money from the Federal Reserve with interest attached. As time goes on, the debt compounds and raises exponentially. There comes a a time when that money is impossible to repay unless ever more is created, bringing about hyperinflation. The value of money drops...

Read More

Gold-Backed Blockchain

Gold-Backed Blockchain

You won't be buying things with actual coins. You wont be using paper 'dollars' representing gold (as in the past). Those things won't even exist. The future is a digital money. Something incorruptible, verifiable and fast: a distributed blockchain ledger. Yes, it is similar to cryptocoins today. But not exactly, the difference is that the source...

Read More

Mastercard on wallet

Mastercard “Happy” to Consider Helping Government Issued Cryptocurrency

Banks have notoriously been steadfast in their opposition to cryptocurrencies, and this is for a very good reason. The peer-to-peer economic marketplace of digital currencies is a direct threat to the current financial monopoly held by banks and other financial institutions. Which is why it was surprising when an executive at Mastercard said that the credit card issuer was open to the overall use of cryptocurrency. However, there is a major catch to this announcement.   CRYPTO COLD FEET Mastercard has put a lot of time and effort into blockchain technology, but they’re not exactly a fan of…Read More

12 total views, no views today

Facebook
Facebook
Golden CryptoCoins

Canamex and Other Miners Form Ethereum Blockchain Strategic Alliance

Canamex, Arizona, Guyana Goldstrike, Cabral Gold and Altamira Gold will work together on future crypto-token offerings which will help them to fund their various exploration and mining operations. More companies are looking to join the alliance, Canamex said. Canamex Gold Corp (CVE:CSQ) has formed an Ethereum Blockchain Strategic Alliance for gold and silver asset-backed crypto-tokens with four other junior mining companies. The other founding members of the alliance are Guyana Goldstrike Inc (CVE:GYA), Cabral Gold Ltd (CVE:CBR), Arizona Silver Exploration Inc (CVE:AZS) and Altamira Gold Corp (CVE:ALTA). The five companies will work together on future offerings of crypto-tokens…Read More

12 total views, no views today

Facebook
Facebook
perth bars and mint coins

Cryptocurrency backed by gold being developed by Perth Mint

Australia’s biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals. The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold. AUDIO: Perth Mint chief executive Richard Hayes talks about plans to develop a crypto-gold product (ABC News) The mint also plans to make use of blockchain technology, first used as the core component of the digital currency Bitcoin, where it works as a public ledger for transactions. In the 10 years since its inception, blockchain has been used to track transactions in industries…Read More

6 total views, no views today

Facebook
Facebook
Queen of England in Gold Vault

UK’s Royal Mint Launches Gold-Backed Cryptocurrency

The UK’s Royal Mint, the institution responsible for producing all the physical money the country has for circulation, has announced the launch of its own gold-backed cryptocurrency. The Blockchain-based coin, called Royal Mint Gold (RMG), is a digital representation of gold stored in The Royal Mint vault. The Royal Mint Bullion, the Royal Mint company that sells physical gold, is the first company to allow customers to hold gold-backed assets on Blockchain, Tom Coghill, RMG’s Commercial Lead, stated in an interview with Express.co.uk. Coghill also mentioned that one RMG coin is equal to one gram of gold, adding that “it’s real gold…Read More

18 total views, no views today

Facebook
Facebook
Resistance is futile sign

Gold-Backed Blockchain

You won’t be buying things with actual coins. You wont be using paper ‘dollars’ representing gold (as in the past). Those things won’t even exist. The future is a digital money. Something incorruptible, verifiable and fast: a distributed blockchain ledger. Yes, it is similar to cryptocoins today. But not exactly. The difference is that the source code will be managed by your issuing government. Another difference is that it will be backed by gold. The coins can’t be backed by nothing, or governments will just issue unlimited coins like they do dollars today. Or they…Read More

64 total views, no views today

Facebook
Facebook
World Notes

Fiat Money & Rigged Markets

Our fiat money system was designed to fail. The government borrows money from the Federal Reserve with interest attached. As time goes on, the debt compounds and raises exponentially. There comes a a time when that money is impossible to repay unless ever more is created, bringing about hyperinflation. The value of money drops dramatically during hyperinflation due to the massive amount issued by the bank, diluting the existing supply. The only cure is printing more and more, until the value drops to nothing. The value is only based on faith, faith that the system…Read More

9 total views, no views today

Facebook
Facebook
Digital Gold Blockchain

Gold Blockchain Basics

It is difficult to entertain the idea of combining gold with blockchain without a thorough understanding of each. Government needs to assume responsibility for protecting and insuring our money considering how critical it is to the health of the country. A gold-backed blockchain system will give great faith in the health and security of our economic engine. Blockchain is a distributed public ledger containing a transaction history. This ledger is stored on multiple systems across a network in which anyone can participate. In order to participate you need a public address and a private key.…Read More

18 total views, no views today

Facebook
Facebook
Chines Gold-Yuan

China’s IT Ministry Wants A Blockchain Standard System ‘ASAP’

China’s Ministry of Industry and Information Technology (IT) has conducted a study on Blockchain technologies in order to promote the “formation of a complete Blockchain standard system as soon as possible,” according to a press release published yesterday, March 12. The Information and Software Services Division of the Ministry of Industry and IT, along with the China Electronics Standardization Institute, will set up a committee to promote national Blockchain and distributed ledger technology. The press release notes that other international organizations, like the International Organization for Standardization (ISO) have already begun standardizing Blockchain technology. China has made “positive progress”…Read More

12 total views, no views today

Facebook
Facebook
Hungry's Gold

Hungary’s Central Bank To Repatriate Its Gold From London

The leadership of the Hungarian National Bank (MNB) has decided to bring back home Hungary’s gold reserves. Up to now, 100,000 ounces (3 tons) of the precious metal were stored in London, which is in total worth some 33 billion forint ($130 million) at current gold prices. The decision seems to be in line with international trends as storage of gold reserves out of the country is now considered risky by more and more central banks. Austrian, German, and Dutch central banks are among those who have recently decided to repatriate their gold reserves. According to MNB, this may also further…Read More

6 total views, no views today

Facebook
Facebook