Cryptocurrency backed by gold being developed by Perth Mint

“Australia’s biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals.  The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold.”

Read more: http://www.abc.net.au/news/2018-01-24/cryptocurrency-backed-by-gold-being-developed-perth-mint/9352036

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