Why Digitalized Gold?

7 benefits to have digitalized gold

1. Fractional ownership

What seems to be hard to reach by the ordinary people can now be made accessible through fractional ownership arrangement thanks to advancement in technology. With physical gold, there are limitation for people to own only a small fraction of gold, for example, 0.001 g of gold. Through digitalization, we can have better system to allow smaller unit ownership and thus open up more opportunities for people to own a portion of this precious metal.

2. Liquidity

By having bigger market size made possible via fractional ownership, the market will have more liquidity as more people are able to participate in the trading of gold.

3. Flexibility

Digitalized gold have more flexibility in terms of ownership size, transferability, and options.

4. Transferability

There will be no transport cost, security cost (to safeguard the transfer process) and other charges when transfer of ownership of value happen for digitalized gold as it can happen in split seconds over the internet.

5. Borderless (Over The Air)

As the transfer of value can happen over the digital realm, it is considered borderless over the air. Ownership or value can be transferred without physical border restriction.

6. Timeless (24/7)

Again, due to the availability of connectivity that is 24/7 in majority part of the world, trading or transfer of ownership / value can happen anytime.

7. Option to convert to physical gold

This is an advantage for those who would like to accumulate wealth over time and prefer to own some physical pieces of this precious metal. By having little bit of savings in gold every time and accumulate enough grammage over time, option to convert to physical gold will enable a person to hold the wealth in either digital or physical form, or both.

These benefits are those things to look at when decide to have digitalized gold as part of wealth management portfolio.

Other advantage of having digitalized gold is the possibility to enhance it into programmable money, made possible via the blockchain technology.