LGOLD is the first commodity backed token in Indonesia as part of Lyfe Ecosystem. LGOLD allows traders to buy and sell gold-backed token making the token a stable coin for safe-haven cryptocurrency trading. LGOLD provides the ease and speed of digital assets trading, where traders can buy and sell from exchanges while providing means to redeem the tokens into certified gold bars.
Contract Address: 0x27778e14ce36d3b85e1effeb43816a17bbb7088a
LGOLD will introduce a new possibility and alternative of commodity trading using blockchain where real assets can be transferred in a decentralized distribution network. It will then improve the efficiency, transparency, and the cost of commodity trading.
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LGOLD is built on ERC20 network technology. The network, ecosystem, and maturity of ERC20 will help to accelerate the development and adoption of LGOLD in other related areas as well.
LGOLD provides an alternative Commodity trading platform using Blockchain technology
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