DigixDAO (DGD) was launched in Singapore in 2014. DigixDAO (DGD) is a computerized cryptocurrency backed by a gram of LBMA (the London Bullion Market Association) gold that is stockpiled in a safe house repository in Singapore. The blockchain keeps the digital proof of the asset. It is deployed by DigixGlobal and is decentralized. In March of 2015, the Digix network has joined Ethereum’s blockchain after the collaboration between the Ethereum Foundation and DigixGlobal.
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