Blockchain platform with gold-backed crypto assets
Smart contract blockchain
The GoldMint platform is built on a private blockchain, based on the Graphene technology. The key advantages of Graphene which has determined the company’s choice is that it is open-source, and offers a full variety of instruments needed to bring our project to life right out of the box. Moreover, it adheres to modern security standards and has a lot of worldwide financial blockchain systems realized on its basis. Private Blockchain This allows us to build a robust and safe architecture with a high bandwidth and the ability to use custom Proof-of-Stake consensus. Vending Gold Storage A safe storage that gives the ability to quickly and safely take out loans using gold or gold jewelry as security. Goldmint App This app creates and proceeds blocks within the private GoldMint blockchain and recieves a commission for the processed transactions. Goldmint API This API allows any financial institution to use GOLD cryptoassets as a means of payment. Furthermore, such an API permits any third-party holder of large gold assets to tokenize their assets and create their own work logics.
GoldMint company emits GOLD digital assets on its own and ensure their buy-back at the current gold price. There are already few projects that tries to create a cryptocurrency tied to gold. This solution allows for the creation of a more stable cryptocurrency, which is less affected by the very volatile crypto market. GoldMint has their own blockchain with PoS consensus algorithm. GoldMint stores physical gold in US Federal Reserve System banks and in Singapore SGPMX custodians, and with the intention that its gold reserves should constantly support or exceed the amount of GOLD assets it has in circulation. The site and project's documentation are very well designed and informational. It can be noted that the team claims specialists with experience in financial and gold and currency companies.
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