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SGC = Combining Blockchain Transparency, Security and Eternity with the Gold Standard. - MEGURAIAN.info
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Peace be with you wherever you are right now. Hello loyal readers of the Steemit.com forum. In this meeting I will explain a future project that will be a trust, fair exchange, and revolutionary value for the world of Blockchain and Cryptocurrency and the wider global financial market. (SGC is the name of Security, Stability and Use).
Well for more details about all the work procedures of this project, let's follow all my notes below.
About the Secure Gold Coin Project, (SGC).
The world economy is filled with various cryptocurrency that fails to fulfill their promises and fiat currencies controlled by the government for their own interests. Responding to this growing problem, Secured Gold Coin Pty Limited; based in Australia, has developed the Secured Gold Coin (SGC), a digital currency that was initially released 60 percent of coins backed by gold, fully decentralized, and free of manipulation by any single entity.
60% gold coins supported early released means that the amount of gold supported coins at the time of initial release is not affected by the volatility of SGC or Gold coin prices in the future. SGC coins are unique because they are made specifically for global use with a virtual wallet that eliminates the need to carry physical cash.
The advantages of SGC blockchain-based software contracts (smart contracts) allow SGC coins to be decentralized, secure, and transparent for all users. SGC will initially use standard digital coins that can be exchanged with certain digital currencies and paper currencies.
SGC holders will have the ability to buy and sell their coins following an official register on public cryptocurrency exchanges. All SGC coin users have the right to use their coins to make payments or send money, to sell their coins in the cryptocurrency exchange market or to trade any amount of SGC coins.
All physical gold bars are stored and stored in a safe protected under the safeguard of Gold Silver Central Pty Limited in Singapore and the gold certificate will be renewed at the end of every month. Content insurance is provided by Lloyd's of London.
Our strategic goal is to change the global marketplace by providing decentralized digital currencies for all users globally. At the same time, our vision is to serve the global community by advocating a fair market based on actual demand and supply.
As of April 2020, Secured Gold Coin Pty Limited is estimated to have at least 250,000 users in the global market. This user base is expected to increase to 500,000 by December 2020.
Our mission revolves around empowering people by cleaning proactive digital currencies sweeping through hundreds of cryptos that fail to deliver decentralization, stability, security, transparency, and usability.
Equality is one of the core values at SGC, making it equally beneficial for all; regardless of their demographic characteristics or interests. From everyday users to corporate users to hedge fund users, and gold bullion lovers around the world.
Problems with Challenges in the Banking System, In the banking system, there are a number of monetary problems, especially in the settlement of cross-border payments which form the basis of our business today. This system has many inherent weaknesses and challenges that we need to overcome.
Many of our businesses are struggling because of the weaknesses of our conventional banking system. A centralized banking system has become the root of the challenge. The bank is controlled by a central authority that requires users and businesses to depend on it.
So, even if it is a cross-border payment or even someone's money transaction from a bank, someone relies on the bank to make a transaction that also imposes a large fee in turn. This high cost itself is not profitable for the business because it is part of the company's profit.
The SGC Coin Solution is not only a crypto coin that is supported by assets, but functions as a hybrid coin. On the one hand, the initial release is 60% supported by physical gold on the other hand it can be used as a utility coin on our E-commerce platform, traded on the exchange or even can be integrated with our SGC PAY Debit Card for further payment options.
To make currencies available wherever you go, SGC has introduced various methods for SGC uses. These options make SGC available to you when and when needed according to your needs and choices.
From making payments on the online e-commerce platform to paying at the point of sale with the SGC PAY Debit Card, from trading to sending and receiving money from mobile applications, SGC coins have all the options for creating SGC user content.
You can see the features of the SGC project below :
Security : Users will be able to track all transactions and this transaction will be an eternal courtesy blocking technology.
Stability : SGC coins are stable with value because the value will not fluctuate or drain as other cryptocurrency values. SGC coins are supported by gold which will remain in high demand which will keep its value stable. So users will get definite benefits when they exchange SGC for fiat currency with high exchange rates.
Usage : Users can use secure gold coins to make payments while buying different items. They can use SGC coins to trade and exchange them for other cryptocurrency or fiat from global exchange. SGC coins are available for every new user because the registration process is quick and easy.
SGC PAY Debit Card : Because cryptocurrency has not been accepted everywhere until now, therefore this is a very useful way to spend SGC coins using your SGC PAY Debit Card because making SGC coins can be used everywhere.
Another reason that distinguishes SGC from other asset-based digital currency based systems is its use through the SGC PAY Debit Card. Secured Gold Coin Pty Limited provides SGC PAY Debit Card functionality to enhance SGC coin utility because users can buy different items by making payments via SGC PAY Debit Cards containing SGC coins.
Currency Coins.
Currency tokens / coins such as BTC, ETH, and LTC are made only as a substitute for banknotes. They are used as a method of payment and can be traded with real fiat.
Users have used it as an investment because various cryptocurrency trends show an increase in Bitcoin ratings above. But these currency coins specifically bitcoin have been very volatile from the start.
Bitcoin price volatility can be visualized from the graph below where the value of the bitcoin index for the end of October 2016 was 679 US dollars reaching 19,783.06 US dollars on 17 December 2017, in just one year.
SGC Wallet.
Secured Gold Coin Pty Limited has developed its crypto wallet which will make it easier for users to make transactions and view their information about transactions carried out on their own.
SGC aims to provide convenience to users with as many choices as possible, has developed SGC Wallets on various platforms including the SGC Web Wallet, SGC Cell Phone Wallet (Android, iPhone), and the SGC Desktop Wallet (Windows, Linux, MAC).
Our SGC Wallet allows users to :
Create a New Account : users can create a new wallet from the SGC Wallet application on all platforms. This refers to the generation of new credentials.
Account Import : users can import existing accounts into SGC Wallet using a KeyStore file or private key.
Password phrases and patterns : SGC has used passwords and security patterns. This involves encrypting the key with a passphrase or pattern, (for mobile devices).
Check Account Balance: users can check their account balance.
Send SGC Coins : Users can send SGC coins from their wallet by setting transaction fees according to their choice. A user is required to provide an account passphrase before the transaction.
Integrate the SGC PAY Debit Card : The SGC Wallet is equipped with the SGC PAY Debit Card integration function to enable additional usability features for SGC Coins.
Spread Contract : Users can use contracts from SGC Wallet by providing a private key at run time. No key will be stored during the process.
Coins at Initial Release.
Total Price Per Coin (USD) : $ 1
Price of Utility Parts Per Coin (USD - 40%) : $ 0.4
Price of Gold Parts Per Coin (USD - 60%) : 0.6
Current Gold Price Per Gram (USD) : $ 40
Gold Per Coin (Gram) : 0.015 gram
Coins at Initial Release.
Total Price Per Coin (USD) : $ 10
Price of Utility Parts Per Coin (USD - 40%) : $ 8.8
Price of Gold Parts Per Coin (USD - 60%) : $ 1.2
Current Gold Price Per Gram (USD) : $ 80
Gold Per Coin (Gram) : 0.015 gram
SGC Coin Sales.
Join : sale.securedgoldcoin.com
Contact ID : sale@securedgoldcoin.com
SGC Sales Start Date : October 4, 2019
Special Offer End Date : October 14, 2019
SGC Sales Supply : 1 Million
Coin Price : 1 US Dollar
Currencies Received : BTC, ETH, USD
Recommand.
As a step towards listing SGC on all major currency exchanges, SGC has the potential to be registered on various potential exchange platforms including DCoin, BW, Simex, Coinbene, LATOKEN, COINSBIT, SGC DEX, Binance and EXMARKETS. This exchange will provide storage and purchase, sale and payment transactions through their SGC coin purse service.
Customers will be able to exchange most of the major cryptocurrency and major fiat currencies for SGC, and vice versa. In addition, the SGC exchange will be fully functional from September to October 2019.
Conclusion
Secured Gold Coin, (SGC) is a global currency so cross-border spending is not a problem. SGC can be traded and is portable globally. As a hybrid cryptocurrency value, SGC coins can be used for daily payments or saved as investments for the future.
If you are interested in joining this future project, or you want to see further all the latest developments from this SGC project, you can see all through some of the links I have provided below:
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