WHAT IS DIGIX?
Digix is an asset-tokenisation platform built on Ethereum. We leverage the blockchain’s immutability, transparency and auditability by applying it to precious physical assets.
Digix has created a range of technologies including The Proof of Asset Protocol (POA), Digix Gold Tokens (DGX), a gold-backed token for Ethereum, and DGD – Digix DAO Tokens.
WHAT IS BLOCKCHAIN TECHNOLOGY?
Otherwise known as Distributed Ledger Technologies, it relies on participating users to power the network by confirming transactions while utilising a general consensus mechanism. The ‘blocks’ of information are stored chronologically on every computer – in a decentralized fashion.
The Proof of Asset Protocol
Digix has developed a system of proving asset existence and ownership on the blockchain.
Every step of the way, records of proof are published permanently using Ethereum and IPFS.
PHYSICAL GOLD BULLION
Purchase bullion from LBMA refineries with accompanying Assay Certificates from refiners ranging from Valcambi, PAMP Suisse, Nadir Bullion
THIRD PARTY AUDITING
An established auditor, Inspectorate Bureau Veritas, provides quarterly audits of every single Gold asset in our Safe House vaults. Established since 1828, they are a world leader in Testing, Inspection and Certification Services.
MINT & RECAST
Digix enables a first of a kind interchangeable Smart Contract deployment to switch between physical bullion and tokens in the EIP20 standard.