Four Startups to "Bring" Gold to Blockchain. Choice Challenge
Summary
Today when buying gold online, whether through a website or investment service, you have little to no control of it, nor any real way to verify that the asset you had a paper certificate for did exist in someone’s vault.These allowed casual individual investors to pick out funds that matched their goal of securing their portfolio against risk with a historically strong asset.They’ve developed a custom API to facilitate third party apps that will allow people to use their GOLD as collateral for loans, or simply to hold as an investment.They’re trying to create their own payment gateway called YalaPay, and also plan to issue a custom Mastercard that draws from a user’s Onegram coin wallet.Project Blockchain Fiat Buyback Storage Redeemable Profit Model Goldmint Custom Yes Decentralized Yes Mgmt fees.