RWA Key Moment Arrives, Gold is Going on the Chain!

The World Gold Council and Yearli Law Firm have released a white paper in which they will introduce a new digital unit called 'PGI (Pooled Gold Interests)' in the gold market. PGI refers to directly and fractionally owned gold that is stored independently.

1⃣️ Investors can hold gold bars in shares, without having to purchase whole bars like with named gold, significantly lowering the investment threshold. The minimum measurement unit of PGI is one-thousandth of an ounce, therefore investors can buy 0.2 ounces or even 0.001 ounces of PGI, which is much smaller than the weight of a gold bar.

2⃣️ PGI corresponds to the direct ownership of gold, and the bars are stored in dedicated vaults. Each gold bar's information is recorded on the blockchain, preventing institutions from over-issuing PGI and protecting investors from losses due to the bankruptcy of custodial institutions, fundamentally enhancing asset safety. As early as January this year, the World Gold Council and the London Bullion Market Association launched an international gold bar integrity system, the 'Gold Bar Integrity (GBI)' program, establishing a 'digital ID' for each gold bar. Using blockchain and database technology, the source, purity, weight, and circulation of the gold bars are recorded, ensuring the authenticity and traceability of the gold.

3⃣️ PGI can achieve seamless electronic transfer within its ecosystem and is compatible with traditional payment channels and emerging digital payment methods. This means that investors can not only easily transfer their gold interests but also conveniently buy or sell PGI through various payment methods, further enhancing liquidity and usability. (Source WG)#SOL生态季节来了？ #加密市场反弹 $BNB