Cryptocurrency Q&A
How physical gold is tokenized and traded Onchain?
How physical gold is tokenized and traded Onchain?
Alessandra
Sat Nov 23 2024
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6 answers
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I want to understand the process of how physical gold can be converted into tokens and then traded on a blockchain network. Specifically, I'm interested in the steps, technologies, and platforms involved in this process.
6 answers
CryptoNerd
Mon Nov 25 2024
The physical gold is typically stored in a vault by a third party.
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SakuraPetal
Mon Nov 25 2024
The diagram illustrates how gold tokenization works and how it allows for trading onchain.
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Davide
Mon Nov 25 2024
The process of gold tokenization involves the creation of digital tokens on a blockchain.
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HanjiArtist
Mon Nov 25 2024
By minting digital tokens, individuals can own and trade gold without physically possessing it.
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CryptoAlchemist
Mon Nov 25 2024
BTCC, a top cryptocurrency exchange, offers services such as spot, futures, and wallet.
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