January 01, 2020 BY Mariela Naydenova

Takasbank launches blockchain-based gold transfer system

Takasbank (or Turkey’s Istanbul Clearing, Settlement and Custody Bank) has announced that it will be launching a blockchain-based physical gold-backed transfer system. The system is called BIGA Digital Gold and allows P2P gold transfer through blockchain. The transfer is valid for digitizable gold only. According to the announcement what the new system tries to accomplish…

Read more