Gold circulation method and platform based on block chain

Abstract

The invention relates to a gold circulation method based on a block chain. The gold circulation method comprises the following steps: casting real gold into public transparent, distributed accountingand digital gold asset encryption certificates according to a certain proportion; through an encryption algorithm of a block chain technology, storing the gold asset encryption certificates in a blockchain to realize uplink circulation; carrying out gold circulation, gold metering, gold registration, gold management and gold transaction and settlement are carried out by taking the old asset encryption certificates as a medium, wherein the gold asset encryption certificates can be exchanged into entity gold in real time; technical characteristics of decentralization, distributed accounting anddetrust, non-tampering and encryption security of a block chain technology are applied to be combined with natural value attributes of the real gold, various limitations that a traditional gold product is difficult to change, high in investment threshold, complex in transaction, poor in selling price, incapable of being hooked with real-time gold prices, low in circulation performance and the like are solved, and double value channels of the commodity attributes and the financial attributes of the gold can be completely opened.

Description

technical field [0001] The present invention relates to the technical field of blockchain, gold settlement and gold standard financial technology, and more particularly, to a method and platform for gold circulation based on blockchain. Background technique [0002] People have been using gold as the base currency for thousands of years, and gold is also commonly known as "God's currency". After the Bretton Woods system reached an agreement to remove the dollar from the gold standard, most currencies of various countries are issued with national credit endorsement as the standard. Although gold has basically withdrawn from the historical stage in the currency field, among the people, the value recognition of ordinary people to gold is like a belief that cannot be erased. So far, gold is still one of the important tools for safe-haven investment in the global financial industry. [0003] my country's existing gold investment varieties include: gold deferred settlement, gold ...

AI Technical Summary

Problems solved by technology

[0004] Traditional gold products more or less have various limitations such as difficulty in realization, high investment threshold, cumbersome transactions, price difference between buying and selling, and inability to link with gold prices in real time. Although paper gold has advanced the digitization of physical gold one step further, it is limited to Gold price hype has no technical characteristics

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