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RE: Perth Mint To Launch Its Own Gold-Backed Cryptocurrency

in #steemsilvergold7 years ago (edited)

It seems like commodity backed cryptos are getting hotter. Just look at Element ASA that are going to release a token backed by their nickel resources. @bitspace has recently partnered with Harmonychain that are aiming at creating several commodity backed cryptos.

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Ah, that's pretty interesting. I guess it makes sense to use a blockchain this way, so no one can come and forcefully take away any assets you might own. I think we will see a lot of these in the next few years!