Financial technology scientific discipline companionship Anthem Vault today launched HayekGold (the ‘hayek’), a digital token that enables to a greater extent than people to ain as well as pass gold. Each hayek represents 1 gram of gilded stored inwards the secure, world-class vaulting facility inwards Salt Lake City, Utah, as well as volition endure purchased at the marketplace value at the fourth dimension of the transaction.
“We role the latest, most secure technology scientific discipline – the Bitcoin blockchain – that fuels hundreds of other crypto-related platforms,” said Anthem Vault founder as well as CEO Anthem Blanchard. “The hayek coalesces the most trusted shop of value inwards history, gold, alongside the world’s most secure substitution network, Bitcoin. Gold is hardly volatile as well as tin assist practise a to a greater extent than anchored currency as well as savings plan.”
Blanchard, a lifelong advocate of decentralized audio money, is the boy of James U. Blanchard III, who helped restore Americans’ correct to ain gilded bullion. The Hayek advert leaves no doubts close Blanchard’s political leanings. “First of all, nosotros honey F. A. Hayek, ane of the greatest contributors to the Austrian School of Economics,” states the HayekGold website. “He wrote a reveal of valuable books as well as articles close the costless market, cost theory, as well as to a greater extent than throughout the 20th century. Second, Anthem Vault’s CEO is named Anthem Hayek Blanchard. His parents loved F. A. Hayek’s move then much that they named their boy afterwards him!”
Anthem Vault’s first was previously referred to every bit HayekCoin. Anthem Vault decided to alter the advert to HayekGold to assist clarify precisely what the crypto-asset is as well as how it works.
“When most people speak close cryptocoins, they are referring to a digital currency that tin endure mined (created) alongside a computer,” notes the HayekGold website. “HayekGold, however, does non ask whatever digital mining. Sure, the physical gilded has to endure mined inwards the traditional feel (by excavation into the earth!), merely the digital tokens tin never endure created out of sparse air. They tin entirely come upwardly into being when existent gilded is deposited into Anthem Vault.”
Presumably, the companionship too wanted to avoid associations alongside “altcoins” of dubious reputation as well as trustworthiness. In fact, HayekGold runs on the Counterparty infrastructure, which is a layer on happen of the Bitcoin network. That agency that HayekGold is non an altcoin merely a component subdivision of the Bitcoin ecosystem, as well as every transaction is recorded on as well as secured past times the existent Bitcoin blockchain.
Anthem Vault provides individuals alongside an efficient as well as liquid trend to buy, ain as well as sell physical, 100 pct fine gilded as well as silvery bullion. All metals are securely stored alongside an independent world-class vaulting facility inwards Salt Lake City, Utah as well as are insured for loss past times theft or natural disaster. Anthem Vault’s offices as well as operations squad are based inwards Las Vegas, Nevada. The companionship is incorporated every bit a Nevada company as well as regulated every bit a precious metals dealer past times the U.S. of America Treasury.
Other gilded companies are discovering Bitcoin. In May, BitGold, a Canadian company alongside offices inwards Toronto as well as Milan as well as a network of secure vaults for gilded storage, announced the world launch of the BitGold platform, a software service that connects gilded storage alongside payment networks, resulting inwards a banking-like platform for gold.