GBSTTM (Gold-backed Stable Token)
The traditional blockchain-based financial instruments are privy to volatility, but with GBST, IGM enables significant inroads towards real-world asset tokenisation and fractionalisation of gold by offering a streamlined process of the transaction. As soon as the client purchases a fraction of gold, a token will be credited in the wallet of the client by IGM, held digitally by the client in his account, but the real gold will be held by a trusted third-party custodian. The transaction will be recorded on the blockchain, introducing transparency, building trust and ensuring safety.
Highlights
Revolutionary leap for the Gold Markets
As blockchain technology continues to pioneer next-gen financial frontiers, IGM is leading the way in bringing the same innovation to gold markets as well. The blockchain verifies this token, and physical gold directly backs it, ensuring its value remains stable and reliable.
Decentralised and Secure
IGM is at the forefront of advancing next-generation digital asset technologies with the introduction of its blockchain-based stable token, a concept that stands in sharp contrast to digital gold. Unlike digital gold, where investments lack inherent security, GBST ensures that the token holder retains a perpetual ownership right, regardless of the issuer’s fluidity.
Empowering from the Roots
IGM aims at empowering the bottom of the pyramid by enabling the privilege of owning gold in the smallest possible form. IGM is not just addressing today's challenges; it is laying the groundwork for a new era of Gold Tech, therefore decentralising the access to gold in the process.