{"id":13366,"date":"2021-03-22T04:10:00","date_gmt":"2021-03-22T04:10:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/03\/22\/acugs-strategic-partnership-with-the-physical-industry-enables-digital-upgrading-of-gold-trading\/"},"modified":"2021-03-22T04:10:00","modified_gmt":"2021-03-22T04:10:00","slug":"acugs-strategic-partnership-with-the-physical-industry-enables-digital-upgrading-of-gold-trading","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/03\/22\/acugs-strategic-partnership-with-the-physical-industry-enables-digital-upgrading-of-gold-trading\/","title":{"rendered":"ACUG&#8217;s strategic partnership with the physical industry enables digital upgrading of gold trading"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p align=\"left\">HONG KONG SAR &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 22 March 2021 &#8211;<b> <\/b><b>Conventional cryptocurrencies have had&#13;<br \/>\na fair share of backlash in the first quarter of this year. Their major&#13;<br \/>\npitfalls include lack of physical backing and reliance on digital transfering. <\/b>Under this demand, a particular&#13;<br \/>\nupgrade to the long-lasting and robust Bullion ecology has taken place. ACUG -&#13;<br \/>\nthe newly launched- digital token is one of those gold-backed token. By its&#13;<br \/>\nappealing performance, investors&#8217; interests in gold-backed digital assets have&#13;<br \/>\nincreasingly raised recently.<\/p>\n<p align=\"left\" style=\"text-align: center\"><img src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/134113\/Gold.jpg#image-134113\" width=\"500\"\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">A gold-backed digital currency is a digital asset that is&#13;<br \/>\npegged to the value of gold. The concept of a gold-backed digital currency is&#13;<br \/>\nvery similar to stablecoin, which is commonly known as a digital asset that&#13;<br \/>\npegged to the value of one or a basket of fiat. ACUG, a digital asset attached&#13;<br \/>\nto the value of<s> <\/s>gold, is planned to be issued in a&#13;<br \/>\ntotal of one million tokens in the first launch. Each one equals to one ounce&#13;<br \/>\nof physical gold.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">ACUG has brought a splash to the market by its distinguish&#13;<br \/>\nfeatures: first of all, its stability on a long-term scale in terms of value&#13;<br \/>\nperformance differs to<s> <\/s>other&#13;<br \/>\nmainstream digital currencies that are usually criticized for their lack of&#13;<br \/>\nintrinsic value. With physical gold being its backing. Each ACUG has a&#13;<br \/>\none-to-one redeemable physical gold counterpart in Asian Digital Gold..&#13;<br \/>\nSecondly, ACUG will withstand the rapid price fluctuations since gold has relatively low&#13;<br \/>\nvolatility and is not subject to inflation.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">In&#13;<br \/>\naddition, this tokenised gold has made&#13;<br \/>\nACUG more accessible: In the past, if a trader wants to participate in gold&#13;<br \/>\ninvestment, one has to overcome a cumbersome process to complete. However, ACUG&#13;<br \/>\nprovides better accessibility to users in the form of tokenised gold. Traders&#13;<br \/>\ncan trade digital assets at any time with multiple options to buy, sell and&#13;<br \/>\nstore assets.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">By leveraging the advanced blockchain technology, ACUG, the&#13;<br \/>\ngold-backed crypto currency, offers new opportunities to investors. Moreover,&#13;<br \/>\nbenefit by blockchain applications and Defi solutions, ACUG will expand its&#13;<br \/>\npossibilities under more viable infrastructure for future growth.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"left\">Predictably, digital assets will become the trend. The&#13;<br \/>\napproach of associating the &#8216;newborn&#8217; with the traditional investment world is&#13;<br \/>\nsomething that every investor should focus on. ACUG is definitely one of those&#13;<br \/>\nwho will empower digital investment methods in the foreseeing future.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/69783#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach &#8211; 22 March 2021 &#8211; Conventional cryptocurrencies have had&#13; a fair share of backlash in the first quarter of this year. Their major&#13; pitfalls include lack of physical backing and reliance on digital transfering. Under this demand, a particular&#13; upgrade to the long-lasting and robust Bullion ecology has taken &hellip;<\/p>\n","protected":false},"author":1,"featured_media":13367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13366"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=13366"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/13367"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=13366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=13366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=13366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}