New ‘gold token’ cryptocurrency revealed Perth
The Perth Mint has announced a digital coin the goes by the name “Perth Mint Gold Token.” It is a cryptocurrency just like Bitcoin, and the main difference here is that it is connected to a real commodity ina real vault. According to the reports, the digital currency can be converted into cash using a phone app. The mint will provide the certified value of the digital currency and can deliver the physical product at your doorsteps.
To make the whole process secure, the Perth Mint has used blockchain technology. In this technology, every computer in the network records the transaction making it public information. As the computer code is stronger than any other technology available, it is currently next to impossible to alter any transactions in blockchains.