Virtual money has been a reality in today’s world for some years now. Many people from all over the world are already using cryptocurrency as an investment or to make their purchases. However, for much of the population, it is still a world to discover.
Undoubtedly the development of technologies such as artificial intelligence, automatic learning, and blockchain are leading our march into the future. So nothing has changed more obviously the present than cryptocurrencies and this type of technology.
Cryptocurrencies are a type of digital currency with the potential to generate impressive returns on investment, while blockchain refers to the global network of computers that manage all the information of transactions that take place with cryptocurrencies.
Cryptocurrencies have many advantages that make many people in the world successfully use them, these advantages can be pointed out as follows:
- Payments made in cryptocurrencies are made instantly. Furthermore, there are no intermediaries. Transactions are made from one person to another.
- Making payments in kryptonite is very easy. You only have to scan the QR code of the person to whom you are going to pay and indicate the desired amount so that you can do it from any mobile phone with the Internet. They can also be used from any country.
- The taxes included in each transaction made in virtual currencies are minimal. Besides, the fees for sending money abroad are also minimal.
- Cryptocurrencies are decentralized so that no country or institution can control them.
- The cryptographic systems of virtual coins are incredibly secure, to the extent that, for the time being, no cryptocurrency has had any security breaches.
One of the main advantages offered by cryptocurrencies is the privacy of the users who have them because their names are not public, unlike what happens with accounts and credit cards. Despite this, it should be noted that all transactions are permanently recorded in the blockchain in each cryptocurrency.
In short, cryptocurrencies offer a shorter time horizon, in principle, if compared to investing in private equity funds or venture capital, as the name implies, the risk is much lower. Investment in cryptocurrencies has become an easy way to obtain large returns, with greater liquidity and efficient circulation.
One of the biggest advantages of blockchain technology is that you can access your database without the need for an administrator or a third party. Moreover, transactions made through blockchain have their validations and authorizations, so verifying a transaction independently is very easy to do. This type of technology offers excellent data quality and incredible security. In addition to being consistent and available at any time, with high durability, reliability and longevity.
As blockchain is a decentralized network, it does not depend on any control center. This makes it much more resistant to any threat or attack.
Another of the advantages of investing in digital currencies is that they allow anonymity and security to be maintained, as their system makes any counterfeiting impossible. Also, operations can be performed at any time and every day.
You can always make big profits by following the principle of “buy cheap to sell expensive” and, as with any investment, it is advisable to analyze what lies behind it: what or who supports it and what growth potential it has, as well as knowing its advantages and disadvantages.
So when it comes to investing in cryptocurrencies and our capital resource is based on gold, Jinbi Token stands out among the alternatives that exist in this world of digital investment, as it encompasses all the benefits that a cryptocurrency by definition offers plus some extra features that make this Token stand out from the rest.
For example, all participants gain transparency in the supply chain and have an accurate understanding of the location of their gold. Jinbi makes buying gold simple, safe and easy. Dividends will also be paid when significant production and storage milestones are reached.
By using smart contracts and linking it to gold, it makes it more interchangeable and a much more secure and reliable source of value. Transparency is what the industry needs and blockchain and the Jinbi Token is the solution to deliver it.
As we all know, gold investments can be very challenging because it is a bit difficult to authenticate its value, define the source of the resource, how to manage it and how to dispose of it when necessary. So to provide transparency and reliability to the users, Jinbi Token uses an operating methodology which makes it more feasible for any other cryptocurrency.
- Jinbi holds a legal off-take agreement with the mining partner for the production of gold.
- The gold is produced.
- The gold is refined by world leading precious metals refining companies such as PAMP and Kaloti.
- The gold is stored securely and insured.
- Bureau Veritas performs the role of independent 3rd party auditor.
- Once approved and verified Jinbi Gold linked to Smart Contract permanently on the blockchain.
- Dividends will be paid in physical gold.
- Jinbi would be safe haven crypto asset class.
In this way, we offer the investor a total translucency and total monitoring of his gold, being audited in specific periods for the verification of his task. There will be no margin for error on a system that is based on small centralized contracts and specified for the work of guaranteed optimal performance, only Jinbi Token users will have full access to its resources and can monitor it when necessary. The future is now, and Jinbi Token offers the guarantee and all the cards in his favor to play the role of investment in an unbeatable manner.