During the past year, a number of blockchain projects have focused on trading bullion, but what about gold that's still in the ground? Michael Zimits, Orebits' president and COO, told CoinDesk that each of the certificates will be backed by five ounces of proven gold reserves. As for how someone might confirm the gold reserves are real, Zimits explained that the smart contracts house this information directly. That seemingly unlikely business model is precisely the aim of a new partnership announced last month between Orebits, a startup providing asset-digitization for precious metal reserves, and blockchain product provider Symbiont. As such, the partnership represents the latest effort to bridge the worlds of gold and blockchain.
as mentioned in
Gold bulls' next upside near-term price breakout objective is to produce a close above solid technical resistance at $1,300.00. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 270.00 cents. Silver bulls' next upside price breakout objective is closing prices above solid technical resistance at the April high of $18.655 an ounce. Bears' next near-term downside price breakout objective is pushing prices below solid technical support at $1,250.00. The next downside price objective for the bears is closing prices below solid technical support at the December low of 245.60 cents.
read more visit us gold
collected by :Jack Luxor
as mentioned in
Gold Weaker As World Risk Appetite Still Upbeat...For Now
Gold bulls' next upside near-term price breakout objective is to produce a close above solid technical resistance at $1,300.00. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 270.00 cents. Silver bulls' next upside price breakout objective is closing prices above solid technical resistance at the April high of $18.655 an ounce. Bears' next near-term downside price breakout objective is pushing prices below solid technical support at $1,250.00. The next downside price objective for the bears is closing prices below solid technical support at the December low of 245.60 cents.Gold bulls' next upside near-term price breakout objective is to produce a close above solid technical resistance at $1,300.00. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 270.00 cents. Silver bulls' next upside price breakout objective is closing prices above solid technical resistance at the April high of $18.655 an ounce. Bears' next near-term downside price breakout objective is pushing prices below solid technical support at $1,250.00. The next downside price objective for the bears is closing prices below solid technical support at the December low of 245.60 cents.
read more visit us gold
collected by :Jack Luxor
Comments
Post a Comment