Jumat, 08 Mei 2020

Aureus Nummus

Tokenisation of Gold to Cushion Market Volatility

Digital currencies worth billions of dollars are transferred across multiple exchanges everyday. Although some big exchanges provide fiat pairs for trading, most other exchanges only offer crypto-crypto trading pairs. The major reason for this is because providing fiat trading pairs involve an extensive time and resources for clearing regulatory protocols. Since the creation of the first cryptocurrency, the market is expanding exponentially, with numerous tokens and coins being listed on exchanges daily. Also, the crypto market is a very volatile space. And the happenings of the centralised markets such as the global stock market easily affect the performance of the crypto market. Often times making the coins to witness massive loss in value and price.

What Are Stable Coins

In crypto market, stable coins play a very significant role acting as the bridge or gateway for both crypto-crypto and crypto-fiat pairs. Stablecoins also act as a shield against the volatility of the cryptocurrency market
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In order to overcome the volatility of the market and to offer real solution to the problem of delays caused by traditional regulations in providing fiat-crypto pairs, vast majority of exchanges now offer Stablecoin trading pairs. This practice is particularly common with big exchanges have have heavy daily trading volumes.
Generally, Stable coins are the kind of cryptocurrencies that are typically pegged to $1. What this means is that; the value of a stable coin is positioned to have the same value of a dollar. As an advantage, stablecoins allow people to trade any cryptocurrency for a dollar equivalent without having to use a real dollar. This also help crypto exchanges to avoid all the regulatory clearances and protocols involved in setting up an actual fiat trading pair for traders.

Tokenized Gold

Since long ago, gold has been used for tenders and exchange of value. With passing decades, people begin to adopt note or paper currencies. Paper notes offers convenience and ease. Notes can easily be transported than gold coins. However, even with the huge technological advancements, we still have the challenge where most countries around the globe issue complete fiat currencies that are not backed by any stable form value except people’s credibility in the government printing them.
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Aureus Nummus solves the challenge of fiat currencies while maintaining the ease of value transfer. This new gold backed coin follows the age-old concept of value-backed currencies. However, as the gold is represented by ANG coin, a means to transfer gold value through tokenisation becomes possible. Hence, ANG coin is one of the few non-fiat currencies on Earth.
While counties around the world may be careful in considering the role such a new cryptocurrency can serve, the crypto markets is eager and primed to the massive benefits of the ANG gold coin.
Unlike the existing stable coins that are placed on the value of fiats, gold coin is backed by one of the most precious assets. The interesting thing about the ANG gold coin is that; it will be immune to political changes, which will ensure that it can easily be paired against many coins for trading without any disruption.
ANG coin will provide blockchain enabled transparency over the assets backing the circulation. As existing stable coins, including Tether, face scrutiny over its backing, this will be a pioneering step ensuring a stable coin’s backing is easily under the public eye at any point.
ANG coin is transforming the age-old value storage of gold into a modern utility by tokenizing it. One of the most important benefits of the ANG coin will be exploited by easily placing trading pairs with it.

Key Features

Does not require bank accounts and credit cards
Users who want to own and want to invest in Aureus Nummus, they don’t need to have a bank account or credit card. Because users who want to buy Aureus Nummus, they only need to convert from Aureus Nummus to other currencies and vice versa.
Decentralization
Built based on blockhain technology, Aureus Nummus has a decentralized nature. Where all transactions are carried out without a third party.
Open source
Based on clear information, if the Aureus Nummus Token token does indeed have physical gold. And users who want to buy Token Aureus Nummus, can get clear information about this product, clearly and transparently.
Fixed supply – cannot be changed forever
The number of Token Aureus Nummus circulating in the market is in accordance with the amount of physical Gold stored in the trust wallet. And all of this aims to keep the price of the Token stable.
Inflation-free
Because Aureus Nummus is pegged based on the value of gold bars, this will make the price value of Aureus Nummus stable and not affected by inflation.
Supported by gold
The minimum price that is pegged for gold bars, but which does not have a maximum price. Support of gold makes the value of Aureus Nummus stable and price volatility is much reduced, while the potential for price increases is maintained. The money is not created from anything such as fiat and crypto currencies.

Why Should We Choose Aureus Nummus ?

Of course for a trader and user, it is certain if we want the right means of payment and investment. Therefore Aureus Nummus is the right choice for us today. Because it has several more values, including :
Trust
Trust is important in a collaboration. Mutually open and transparent. Supported by a clever contract, Aureus Nummus will dispel worries about cooperation. Because through this smart contract all transactions that occur between the two parties will be recorded in this smart contract transaction. And cheating will soon be known, if it occurs
Independence
Through a decentralized system, Aureus Nummus works independently without a third party. Because all cooperation is based on existing smart contracts and without the relevant third party. Of course this will cause a small cost incurred in every transaction made.
Security
Through the ledger technology system and distributed network, Aureus Nummus every transaction made will be safe. And based on help from blockhain technology, users will be protected from hackers. Why is that ?? Because of the security of Aureus Nummus, it is protected by a cryptographic system that ensures the security of transactions that occur, and certainly hackers will not have access to your account.
Speed,
By using blockhain technology, Aureus Nummus has speed when transacting. All transactions are automatic, instant and secure. And surely this is more value possessed by Aureus Nummus when compared to using traditional transaction methods. And this is a new way in modern business.
Counterfeit Goods
With blockhain-based technology, Aureus Nummus can track all transactions that occur. In addition, Aureus Nummus can detect the presence of counterfeit goods, through the help of cryptographic codes owned by Aureus Nummus. Because it aims to provide maximum and safe services for users in the Aureus Nummus ecosystem.

Aureus Nummus coin

The holders of these coins can convert them back into gold or gold equivalent at any moment. The conversion rate stays constant and doesn’t depend on market price fluctuations: 100,000 ANG are equal to 1 ounce of gold bullion.
The cost of 1 ounce of gold bullion is equal to approximately 1,500 U.S. Dollars. In according with this cost, 1 ANG coin is equal to approximately 0.015 U.S. Dollars.
Aureus Nummus coin is not mineable. The supply of ANG is fixed and limited. And the transactions connected with sending and getting ANG are anonymous.
Author: KHAN SHIQ QHEIL
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