eGold

EGold is a blockchain-based platform that uses GOLD digital assets, which are 100% backed by delivery futures or physical gold. This means that one GOLD costs the same as one ounce of gold on the Chicago Mercantile Exchange. EGold stores physical gold in US Federal Reserve System banks and in Singapore SGPMX custodians, and with the intention that its gold reserves should constantly support or exceed the number of GOLD assets it has in circulation.