Tag: gold bullion

Analysis – Gold And Blockchain Use In Malaysia

Malaysia is poised to achieve high-income status soon. A goal clearly stipulated in its vision for 2020. So far, it has the fourth largest economy in Southeast Asia and is ranked 38th in countries with the largest economies worldwide. With a population of about 32 million and an increasingly growing middle income class, Malaysia’s labor productivity is significantly higher than…

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Structure Of The DinarCoin

In our pursuit to launch the DinarCoin token, we faced a huge number of hurdles, both technological and economical, but we came out successful in our endeavors. We finally and successfully create the gold and blockchain-based DinarCoin which is actually pegged to the worldwide gold spot-price. Many cryptocurrencies were (and still are) dealing with the effects of price volatility and…

How To Carry Your Gold Money

Gold has almost always played a role in society. In fact, early traces of gold were found in ancient caves as gold flakes by archaeologists. The first civilization ever to be documented with gold use was Ancient Egypt, with evidence dating as far back as 3,000 B.C. Egyptians fancied gold, they mostly used it as a symbol of social status,…

The Many Different Forms of Gold

Physical gold is an element and a mineral. Historically, the value of gold was rooted in its relative rarity, ease of smelting, minting, and working, its resistance to corrosion and other chemical reactions, and its distinctive color. As a precious metal, gold has been used for coinage, jewelry, and other arts throughout recorded history, both for religious relics, and political…