Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
Moving to the topic, the project I'm going to present you is Goldario (https://www.goldario.com), the platform that strives to revolutionize the eco-cycle of mining of gold, emeralds and jewellery.
Definition and goals
In more detail, Goldario is the first global platform that aims to revolutionize the ecological cycle of precious metal (gold) mining, gemstone (emerald) mining, jewelry manufacturing and jewelry retailing by harnessing the power of innovative block chain technology.
The idea is to replace the entire ecological cycle from mining ore to final retail products and intermediate steps using block chain and smart contracts in order to increase trust between the parties involved in the transactions.
How it works
The platform integrates sophisticated technologies such as AI, machine learning, augmented reality, geolocation tracking, block chain and smart contracts, to provide a financial instrument that to date has no analogue in the traditional financial world. The aim is to facilitate people from all walks of life, thus promoting their participation in the platform, their economic empowerment and their role as social and resistance builders.
The most important features of the platform are the following:
Easy transactions: Exchange and transfer of GLD Token is as easy as download any existing ERC20 Token supporting wallet.
Exchangeable: GLD Token can easily be exchanged for fiat such as USD, EURO and Pound.
Minimal fees: GLD Token will offer a significantly lower fee than any other system to send, receive or perform any GLD Tokens.
Decentralization: GLD Token is decentralized and community-owned without central point of failures or bureaucratic manipulations.
Passive income: Get access to passive income by purchasing and holding GLD Tokens.
Security: GLD Token uses ETH based PoW for transaction confirmation, ensuring that no hacker can manipulate any transaction.
Utility: GLD Token has a direct utility within the Goldario ecosystem whereby it can be exchanged against precious metals and stones.
The project gives the opportunity to earn GLD tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5239497.0), where you can access the link in order to see what are the conditions to become an early Goldario contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://goldario.com/goldario-white-paper.pdf). You can also stay tuned in their official Telegram Channel (GoldarioOfficial). I hope you liked the post and soon I'll send you new ones.
GLD Token is an ERC-20 token that is deployed in the Ethereum block chain network and serves as a democratic, decentralized, community governed digital asset, backed by an underlying business that covers the entire ecological cycle of precious metals, gemstones, and their retail business.
All of this makes GLD Token a potential financial instrument that has the ability to grow over time, while rewarding its holders with periodic dividends (rewards). In addition, since GLD Token acts as a utility symbol, it will be listed on all major crypto exchanges and can therefore be traded on several crypto markets, thus ensuring smooth liquidity and conversion.
Price in ICO: 1 GLD = 1 USD
Tokens for sale: 1,000,000,000
- ICO platform launched, which is truly backed by ECO Cycle of Precious Stones (Real Emeralds and Gold Mines), Precious Metals, jewellery and Manufacturing and Retail business network of G44 SA.
- White Paper V1.0 release
- Website release
- Marketing Kickoff
- Advisor board establishment
- Private Round Token Sale
- Participation in blockshows and blockchain conferences
- Public Round Token Sale
2020: Q3 & Q4
- GLD in exchanges
Social Media Links
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum wallet: 0x3e10d9Cb6a5af372C00563aA19FEE3122A5C0Cd4