Nanda Crypto: The first funds backed by gold will be private

Hello friends

Today, there are many cryptocurrencies issues and one of the biggest problems is their high volatility. Any detrimental information, even if it is false, can reduce the value of certain coded transactions to limits that are not found in assets such as traditional stock exchanges. The lack of official or government support means that secret encryption processes are mainly governed by the law of supply and demand, which is currently not a good method of payment.

The current currency has continued to suffer from inflation over time, which is generally softer and more liberal in the developed and more pressing countries and suddenly in the Third World and emerging economies.

ABOUT

The project involves the issuance of gold money for cash and non-cash transactions and its infrastructure establishment

ADVANTAGES

Stable, reliable and transparent silver. Gold-backed. Using blockchain. Perfect payment and investment tool

Not national and not politicized. Emissions are not made by governments and do not support any government

Practical money. Modern independent infrastructure (ATMs, maps, etc.). Easy payments and conversion to crypto and fiat money

Payment in cash and electronic. Anonymity and universality of use (everywhere in the world)

MARKET

Lack of money based on the asset in the world. There is no country in the world that has 100% asset-based currency

Lack of independent legal money. All currencies depend on the political and economic situation of the country where they are issued

Lack of money without inflation. Examples of hyperinflation show the possibility of inflation up to 98% per day

Crypto currencies do not fulfill the function of money. Due to volatility, lack of use of money, legal status, etc.

The Golden Currency Project

Golden Currency is a project that will launch a new fully functional private currency, with an efficient ecosystem for its use as a payment method. All of Golden's infrastructure will provide the user with such

conditions that will not matter in what currency they keep their funds in terms

of functionality.

The principal objective

of the project is the establishment of the monetary system of a new currency based on the gold standard, that is to say that it fixes the value of the monetary unit according to a certain amount of gold .