Excellent presentation guys and innovative approach. What are the differences bw you and other crypto gold icos?
Differences between Goldmint and other gold cryptocurrency blockchains include the following:
1) Goldmint uses its own blockchain and altcoin, called MNT, for GOLD transactions.
2) Goldmint uses Proof-of-Stake where miners are doled blocks/ transactions according to the amount of MNT they have. Proof of stake (PoS) is faster, simpler and cheaper than proof of work (PoW).
3) Physical gold and ETFs are stored in a programmed decentralized storage unit.
4) Custody Bot - Goldmint’s innovative storage unit is programmed to automatically identify and store gold jewelry, small ingots (up to 100 grams) and coins without human intervention.