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Broctagon and Elite Consulting Group launch utility token GoldGo ibsintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibsintelligence.com Daily Mail and Mail on Sunday newspapers.
Broctagon And Elite Consulting Group Launch Worldâs First Government-Recognised Gold-Backed Token Date 16/12/2020 Broctagon Fintech Group, a brokerage technology, liquidity and blockchain enterprise solutions provider, today announces a new partnership with Elite Consulting Group to launch GoldGo, a utility token directly backed by a physical gold supply and secured by blockchain technology. Broctagon is providing the technology for both the GoldGo blockchain infrastructure and the GoldGo app. As a token primed to transform Thailand’s market and beyond, GoldGo has been recognised by The Securities and Exchange Commission (SEC), Thailand. GoldGo is a utility token pegged to the price of gold, based on Thailand’s 23K gold standard. In contrast to many price-stable cryptocurrencies that claim to have the respective asset backing in reserves, GoldGo offers guaranteed redemption for physical gold in vaults, with each GoldGo (GOGO) Token equal to one gr ....