DigixGlobal

28/04/2021

📢 Another great win for Digix! We are honoured to win the SBR Award for Blockchain - Metals & Minerals. Thank you for recognising our innovation and pioneering efforts in digitising gold.

Find out more about the award here

The company has created a world where 99.99% fine gold bars are made divisible, transferable and redeemable in the digital world.

31/03/2021

We have accepted inflation these days. The notion of depreciating dollar value is a widely accepted economic norm. We know the worth of cash gets lesser overtime and this influences a lot of our decisions. Everything from investment to retirement planning.

Fiscal policy, such as 3 trillion dollars stimulus checks, unemployment benefits and corporate bailouts help keep our economy afloat during the COVID-19 period. These fiscal policies applied downward pressures on the product prices by counteracting the upward pressure due to inflation.

Most economists believe a 1%~3% annual inflation rate is healthy for the economy and we are seeing an economy with healthy annual inflation at this moment. However, heavy inflation is expected in the long-term and this is when the stability in gold serve as a good hedge against inflation.

Gold is a time-tested safe haven. Digix represents 1 gram of physical gold on the Ethereum network with our native gold-backed token DGX. You can own DGX from as little as $0.50 and not be limited by the physicality of the gold in vaults.

22/03/2021

Many investors are concerned about inflation as a result of expanding global fiscal deficits, low-interest rates and growing money supply. These concerns are emphasized by the fact that central banks around the globe have indicated greater tolerance for inflation; one that is above their conventional target bands.

Gold traditionally performed well in a market with higher inflation as a result of high financial stress that weighs on the economy. Many turn to gold at such times, fostering demand for gold.

Gold is also a good store for value and an excellent medium of exchange by nature. It is hard to counterfeit and widely accepted in many places. Its properties such as durability, fungibility, and scarcity make it a good form of money. You can go to any country and buy food with gold.

Digix's native DGX token represents 1 gram of physical gold on the Ethereum network. It adds on the additional utility, liquidity, and fungibility which it previously lacked as a traditional asset, allowing it to be spent across the Ethereum network easily with any third-party such as banks.

12/03/2021

One hard to miss news in 2021 is the coming-of-age of . , the behind Bitcoin, is one of the most and transformational that drives . Without a question, it holds immense potential to solve major problems faced by the global commodity industry such as and .

Digix leverages blockchain technology and Interplanetary File System ( ) to prevent dishonest collusion. Our native gold token (DGX) is built upon our Proof of Provance (PoP) protocol to improve the traceability of together with asset providers, custodians, and auditor-in-charge.

Everyone, therefore, has the ability to review this important information and the bars via our asset explorer online.

👉 Audit Documentation
👉 Chain of Custody Digital signatures
👉 Depository Receipt
👉 Gold Bar serial number
👉 Gold Purchase Receipt
👉 Inventory Receipt
👉 Time Stamp

05/03/2021

From the perspective of standard monetary value, gold is the best form of money. It is a time tested safe-haven given its intrinsic value and works as the most stable currency in the long-term.

As compared to the unsustainable fiat currency, gold offers better protection against deflation and is an excellent hedge against inflation.

Bitcoin, on the other hand, is less ideal as a currency given its volatility. It's volatility shorten the time horizons of investment, casting a shroud of uncertainty over its valuation.

The best way has always been to base a currency on gold and this is where Digix comes in to bridge the world of traditional gold with modern-day investments and innovations.

Digix's native token DGX provides the investor with the additional utility, liquidity, and fungibility to gold which it previously lacked while retaining the value of the investment in the long-term.

26/02/2021

price climbed 24% and settled at $1893.66 an ounce in 2020. Many attributed the spike in price as an outcome of the soaring debt ratios and fiscal stimulus during the COVID-19 pandemic, which led to the fear of inflation and economic uncertainty.

With Asia being the first region to be impacted by the coronavirus in 2020, there was also a noticeable rise in gold investments in East Asian countries — a gold rush that happened much earlier than in the West.

Despite gold prices falling slightly since the rise in price in January 2021, gold still remains relatively strong since the start of the pandemic in 2020. It is obvious that gold stands out when it comes to diversifying an investment portfolio.

Digix's native DGX token represents 1 gram of physical gold on the Ethereum network. Our vision to create a more equitable financial future caught the attention of the Singapore government-backed Tribe Accelerator programme, selecting Digix as its first batch to champion innovative blockchain solutions.

S&P Global Platts also awarded Digix the “Precious Metals Industry Leadership Award” at the 2020 Global Metals Awards as an industry leader for the precious metals industry, highlighting the deepening relevance and importance of digital gold

24/02/2021

With signs pointing to economic inflation in 2021, our COO Shaun believes we’ll see a resurgence of ’s strength in the months to come. Chatting with KitcoNewsNOW’s Anna Golubova, Shaun weighs in on the gold vs debate & why he is reaffirming gold’s comeback.

https://bit.ly/2ZK9Ifh

Kitco News talks with some of the most influential gold market analysts, economists, investors and mining CEOS to get their take on the industry and financial markets and the global economy

19/02/2021

Gold is an eternal symbol of trust, a familiar investment with a value that can be seen and easily understood. You can take gold anywhere and exchange it for food.

Digix is transiting physical gold to digital by placing gold on the blockchain. It’s natural that questions and concerns arise around trust, assurance, and security. The transparency, security, and traceability of blockchain ensure that DGX tokens can be transacted and transferred with full visibility and auditability. The immutable ledger heightens security while the smart contract platform is automated, eliminating any possible human error and risk of fraud that is present in the traditional gold supply chain.

Digix's suppliers and custodians are accredited members of local and international bullion market associations, such as Brink’s Singapore, Brink’s Calgary, and The Safe House SG. All Digix gold reserves are stored in institutional-grade vaults in Singapore and Canada.

12/02/2021

While gold was used as a mean of exchange in the past, fiat has changed the way it is perceived by consumers. Although fiat can experience short-term volatility as the result of consumer confidence and it is subject to value fluctuations in the long term as the result of inflation.

The effects of inflation are easy to ignore as consumers see the nominal value of fiat as opposed to its “real value” (purchasing power), which diminishes over time.

Gold, on the other hand, is often viewed as an investment tool with daily price fluctuations, despite the fact that it is more stable than fiat in the long term.

03/02/2021

The world is taking on more debt with falling revenues and pandemic relief measures. Global debt has increased by $20 trillion since the third quarter of 2019 in a report by the World Economic Forum and economists expected global debt to reach $277 trillion.

Excessive money printing by the central banks to pay off the debts may lead to inflation amidst the pandemic, which could fundamentally lead to an issue of trust between the government and society.

Gold as a time-proven medium of exchange. It may change in shape and form, but It is here to stay. Its intrinsic value makes it a medium that is uniform, acceptable and "stable" worldwide.

The tokenisation of physical gold bullion enables the trading of gold in more accessible amounts, instead of exclusively at troy ounce measurements. Blockchain is the machine for trust. With this maturing technology and regulations, blockchain is liberalising to the idea of tomorrow’s digital economy.

Through Digix, interested investors need not be concerned about purchasing a commodity derivative of Gold, they are purchasing part ownership of the physical gold bullion held in Digix’s vaults.



https://bit.ly/3ddErWE

26/01/2021

Digix believes everyone should have the right to purchase and own gold. Due to the cost traditionally associated with purchasing gold, it has historically been the exclusive domain of financial institutions and high-net-worth-individuals. Digix reduces the barriers to entry to the gold market and democratises access for those previously excluded from it.

According to a report by Fitch Ratings, Routh-East Asia is home to an unbanked population of about 290 million. This population has experienced a boom in fintech investments in recent years, helping them to break the cycle of poverty in a modern economy.

With the internet and a sound understanding of blockchain, anyone can own gold, thus removing the obstacles to this exclusive domain. This accessibility to gold markets is nowhere more impactful than in emerging economies — where technology pe*******on has surpassed financial inclusion.

08/01/2021

As hits US$40,000, Shaun chatted with moneyfm893’s Howie Lim on how BTC’s rise impacts other cryptos, digital assets and traditional assets such as , and what this means for the industry as a whole.

Listen now!

On Primetime, Howie Lim spoke to Co-Founder and COO of Digix about what’s been going on with bitcoin and if gold’s status as the safe haven asset is in trouble!