At Digix, we are building an ecosystem that aims to be the 21st century gold standard on the Ethereum blockchain, through the launch of our first product, the gold backed token DGX.
We first aim to democratise access to gold by having digital gold easily accessed by the average person. The use cases for operationally secure and transparent digital gold are endless.
We leverage the transparency and security afforded by the blockchain in what would otherwise be an opaque custody chain of asset transfers. All inventory data on the physical assets backing the tokens are transparently tracked and audited on the blockchain for anyone to verify. Tokens can be created through the smart contracts only after the physicals have been delivered by Digix to the independent custodial vault. The physicals are subject to quarterly audits by an independent precious metals auditor that we engage.
Our proprietary asset tokenisation technology is the foundation of a revolution in the digitisation of assets. We sit on the convergence of the digital and physical worlds.
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