Tag: Gold trade
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Blockchain And Gold Like Peanut Butter And Chocolate?
Even before the emergence of the growing plethora of cryptocurrencies, several attempts had been made in the past to create digital currencies based on gold, but none of them gained widespread support. Will blockchain and Bitcoin succeed where other attempts failed? One of the common criticisms and challenges of bitcoin and other cryptocurrencies is their price volatility…
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Gold trade booming in China
Gold is coming back in fashion in China, according to latest reports, with the middle class queuing up to purchase the precious metal. Evidence of the demand for gold was particularly clear when the Caishikou department store sold all its gold bars in just a matter of hours last month. When a second set of…