GoldGram Coin

Address:

City: Singapore

State: Central Region

Zip:

Country: Singapore

GoldGram Pte Ltd, is a Financial technology (FinTech) company, incorporated and with a head office in Singapore, that is digitising ownership of physical allocated gold bullion by issuing a digital token called GOLDGRAM COIN or GGC, the value of each GGC equals 1-GRAM of 99.5% allocated Gold Bullion which is be held in the secure storage. Each GGC is inextricably linked to physical, redeemable allocated gold. We have developed a proprietary permissioned blockchain, based on Ethereum and Hyperledger, capable of processing several thousand transactions per second, allowing GGC to be purchased via a secure smart contract with a live feed gold price at time of buying. GGC are simultaneously issued and paid for in FIAT currency or ALT coins, at the live price of gold at the time of purchase, ensuring transparency and value. Each GGC is embedded with a serial number that is linked to a specific bar of gold held in secure storage. GGC are linked via an e-wallet to a prepaid Mastercard debit card that is integrated into the Point of Sale (POS) system of the world allowing GGC to be spent like FIAT money or to be withdrawn in cash at an ATM, thus enabling the holder to use their underlying allocated gold as money. GGC are converted into local currency at a live gold price at the time of the debit card transaction. GGC enable holders to own and redeem physical gold, affordably and efficiently benefiting from the underlying intrinsic value of gold and to spend gold in small amounts, in fractions of up to 4 decimals places, or less than US$0.01. Title to the underlying gold is held by the holder of the GGC eliminating counterparty risk. GoldGram – the 21st Century Gold Standard - First GGC Issue January 2019

Contact Phone:

Contact Email: