InfiniGold have announced the launch of the Perth Mint Gold Token (PMGT), the first digital gold token on a public blockchain to be backed by government guaranteed gold.
The Perth Mint Gold Token (PMGT) is a digital token backed 1:1 by GoldPass™ certificates issued by The Perth Mint - the world’s largest refiner of newly-mined gold which is guaranteed by the highly rated sovereign entity, the Government of Western Australia.
The Perth Mint has launched an exciting new smartphone app – GoldPass™ – during the opening day of Precious Metals Investment Symposium 2018.
At the touch of a smartphone screen, GoldPass™ gives retail investors the unique ability to securely buy, store and sell gold via digital certificates. The app also allows the instantaneous transfer of gold to other approved GoldPass™ app users.
In collaboration with The Perth Mint, InfiniGold has released the latest innovation in gold investment – a flexible digital gold product compatible with a wide range of technology platforms including blockchain.
InfiniGold digital gold certificates offer institutions the opportunity to present investors with a new, secure and easy way to trade, hold and transfer physical gold.