Skip to content

Investing Quote by Ikuya Takashima

““Investing In Gold Not everyone would associate Ethereum with investing in gold, but that is exactly one of its uses. Using a process developed by Digix, users can use tokens to buy gold on the Ethereum blockchain. How does this work? Using the Digix app, you can exchange either Ether or fiat currency (real-life money) with gold tokens. This gold is linked to the Singaporean gold vault through a complex crypto-code. Whenever the user wants, they can switch their gold tokens for actual pieces of gold without needing to go through an intermediary or paying any large fees. This also opens up the possibility of creating similar processes for all sorts of commodities.””

Ikuya Takashima

4.2 out of 5 (3 ratings)

More by Ikuya Takashima

Explore all 5 Ikuya Takashima quotes

More Investing quotes

Browse all 13,146 Investing quotes