Announcements: Digix Global
Welcome to Announcements with Dose of Ether Host, Lucian Strobe. This is a show that provides you details on current events, upcoming projects in the blockchain space, and token offering details. We are attempting to provide you with details and information from the people who are creating projects, and we are not giving advice. Please do proper due diligence when considering investments.
Today we talk with Shaun Djie from Digix. Using blockchain technology, they 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.
They democratise access to gold.