PureGold is the First Payment Gateway using Gold-Backed Cryptocurrency

PureGold is the First Payment Gateway using Gold-Backed Cryptocurrency

PUREGOLD is the first Cryptocurrency supported by Gold and runs it using secure and transparent Blockchain technology. PUREGOLD was originally an e-commerce that sells gold and silver under the name Puregold.sg and Bullion Currencies Puregold.sg which was established in 2010. But in line with the development of this Platform and started winning awards like Asia Pacific Top Excellence Brand in 2012, PUREGOLD developed its Platform even more, by issuing a first Cryptocurrency supported directly by gold. The PUREGOLD platform has branches already scattered in several countries, such as Vietnam, Malaysia, and Indonesia.

 

Why Blockchain?

The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and right now the main question every single person is asking is: What is Blockchain? By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology. Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $ 285 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you do not need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary. Bitcoin shows very little in the way of privacy, but we are about to change that.

Puregold With Ethereum

Puregold is using Ethereum platform as it is currently the most widely accepted platform which offers all the benefits of a blockchain (full traceability, nonrepudiability etc.) and multiple source language implementations that encourage integration. Ethereum will handle only the parts needing consensus, transparency and accountability. Other services will continue to be provided using existing technology.

Puregold needs a transactional blockchain with a powerful system of smart contracts which have the ability to ensure that a transaction can combine with the results of previous transactions to provide auditable consistent results. To date, Ethereum is the only stable system that has achieved widespread adoption. The decades of experience of The Puregold senior development team tell us to avoid anything experimental to run a live system.

Puregold E-Commerce Solutions

There are two equally important sides of the infrastructure required to ensure the rapid adoption of Gold economics. The ability to make payments and the ability to receive payments.

The Puregold mobile commerce App will process the payments which in turn will utilise the vast resources of the world’s biggest payment providers by using digital contactless payment technology through supporting POS terminals to receive payments.

Nevertheless, there are still millions of businesses that for a wide variety of reasons are unable or unwilling to connect to this payment network. For example, you will not find many street traders in Delhi that have a contactless visa terminal.

The Puregold team has been actively building alternative contactless payment solutions for business covering all areas of business life from key retail sectors such as restaurants and bars, to street traders and the internet stores.

The Puregold mobile commerce App for business will be a dedicated mobile solution for businesses that can be applied to all sectors. Functions include:

  • Gold currency exchange
  • Transaction history
  • Manage payment details
  • Filter by currencies, payment time, shopping methods etc.
  • New store connections
  • Customised loyalty and cashback programs

Token Details & Allocation Funds

  • NAME : PUREGOLD
  • SYMBOL : PGT
  • TOKEN PRICE : 1 ETH = 700 PGT
  • SUPORT TOKEN : ERC20
  • Total Supply : 50,000,000 PGT

 

 

About Toni Leon

I am Leon, I am interested in family issues like health, joy and happiness. My goal is to transmit anything I learn about feeling good to others through this blog. If you want to share anything. You can comment on my blog or send a contact to me

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