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[2016-11-30] Old with the New: Royal Mint, Founded in 886 AD, Puts Gold on the Blockchain

Wed Nov 30, 2016 5:54 pm

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Britain’s Royal Mint has partnered with US-based derivatives exchange CME Group to release a blockchain-based digital platform that will reduce costs associated with trading gold.

"While things have improved regarding gold trading over the centuries, it’s our view that it still remains difficult and relatively expensive as a commodity to invest in... Gold is known in the industry as a negative-return investment," said David Janczewski, director of new business for the Royal Mint...

Read more here:

https://btcmanager.com/news/business/ro ... rade-gold/


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