At Digix, we create a world where 99.99% fine gold bars are made divisible, transferable and redeemable. Digix, incorporated in Singapore in 2014, is the blockchain company behind the world’s first gold-backed digital asset class.Digix uses blockchain to account for the authentication and ... Ethereum is a platform that can be used to create any arbitrary smart contract including smart contracts that represent digital assets called Ethereum tokens. This is similar to the App Store providing a platform for iOS apps with some apps issuing their own digital currencies that are used within the game or system. DigixDAO was formed to create and manage a new cryptocurrency that will be backed by actual physical gold stored in vaults. (It’s called DGX tokens, which we will discuss further). DigixDAO is a decentralized, autonomous organization proposed and created by Digix Global company.. Digix Global’s whitepaper states that they do this through a protocol that they have developed – PoA (Proof ... Last week marked a pivotal moment for the Digix ecosystem. Following the casting of votes by our community of DGD holders, the majority of DGD holders have voted for a dissolution of DigixDAO and ...
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