Below are some of the key elements that are featured in DGC gold backed financial platform and ecosystem
The DGC Digital Gold Platform emerges as a comprehensive solution for converting physical gold into digital assets, making them accessible on globally traded online marketplaces. This platform facilitates cost-effective, real-time gold trading. Furthermore, we support coin/token projects with digital gold backing, laying a foundation of trust in their initial stages.
Our strategy extends beyond merely holding our own gold reserves. We actively engage with major mining operators and gold mines, facilitating the entry of their gold into the market efficiently via our reserve partners in the United Arab Emirates. With investments in gold mines and through our mining partner network, we have secured access to 3,000 metric tons of gold.
Our ambition drives us to develop a gold bond market in the Middle East region, with a special focus on establishing the United Arab Emirates as the central hub. This initiative also spans into other strategically important countries such as Saudi Arabia, Bahrain, Qatar, Kuwait, and Oman, leveraging our gold reserves to fuel a competitive bond market across the region.
Our journey includes acquiring an Islamic bank and seeking banking licenses in various jurisdictions to build an international banking network dedicated to advancing financial inclusion and Islamic Finance. This includes adhering to principles like zero fees and no interest, expanding beyond traditional Islamic regions.
Digital gold refers to electronic representations of ownership of physical gold, typically in the form of digital tokens or certificates, which can be traded on blockchain platforms.
Advantages of acquiring digital gold include accessibility, divisibility, ease of storage, and potential for liquidity. It can also offer lower transaction costs compared to physical gold and can be traded 24/7.
Digital gold is secured through blockchain technology, which utilizes cryptographic techniques to ensure the integrity and security of transactions. Additionally, implementing robust security measures, protects users’ digital assets.
Storage options for digital gold vary depending on the platform. Some platforms offer custodial services where they store the digital gold on behalf of users, while others allow users to store their digital gold in their own digital wallets. DGC stores it’s physical gold in the UAE utilizing the facilities of Transguard and Brink.
Gold-backed bonds are debt securities that are backed by physical gold reserves. Investors purchase these bonds, and the issuer promises to repay the principal amount along with interest, typically in gold.
Unlike traditional bonds, which may be backed by the issuer’s creditworthiness or other assets, gold-backed bonds derive their value from the underlying gold reserves held by the issuer.
Gold-backed bonds are often considered relatively safe investments because they are backed by physical gold, which tends to be a stable and valuable asset. However, like any investment, they carry some degree of risk.
Potential risks associated with investing in gold-backed bonds include fluctuations in the price of gold, issuer default risk, and liquidity risk. Investors should carefully evaluate these risks before investing.
We assist businesses in leveraging digital gold to support their initiatives and shield them from inflation and market volatility. Contact us to find out more.