Cyber Gold Vault
CGV Stablecoin Blockchain
Cyber Gold Vault (CGV), a proof of work blockchain, and token Gold-CGV is a pioneering digital platform that seamlessly integrates the security of blockchain technology with the intrinsic value of gold. Each Gold-CGV token is directly backed by one gram of physical gold, ensuring stability and reliability as a digital store of value. The “Cyber” aspect denotes its modern, internet-based infrastructure, facilitating swift and secure global transactions.
1 Gram of Physical Gold = 1 GOLD-CGV Token
There are approximately 0.0321507 ounce of gold in one gram. This measurement is based on the Troy Ounce, which is the standard unit of measurement for precious metals.
Cyber Gold Vault Blockchain (CGV)
Gold-CGV is a stablecoin anchored on the Cyber Gold Vault (CGV) proof of work blockchain, designed to provide a secure and reliable digital representation of physical gold. Each Gold-CGV token is backed by one gram of gold stored in CGV’s Singapore-based vault, ensuring stability and reliability. Utilizing blockchain technology, Gold-CGV offers transparency and traceability for transactions, enabling seamless peer-to-peer transfers and cross-border payments with minimal costs and rapid settlement times.
The CGV blockchain operates on a proof of work consensus mechanism, enhancing transparency and safety through its robust validation process. Gold storage is located in Singapore. Storing Gold in Singapore ensures clear regulatory frameworks, compliance and upholds standards for financial security and stability. A unique fee structure based on daily wallet custody correlates directly with Gold storage and insurance costs, providing users transaction credits that offset fees. This feature encourages active participation and supports a vibrant ecosystem.
In summary, Gold-CGV on the CGV blockchain integrates the enduring value of gold with blockchain efficiency, offering a sophisticated and secure solution for digital finance under the clear regulations of Singapore.
Inspiration for Gold-CGV
The inspiration for Gold-CGV: This Gold Stable Coin is created to provide access to a historically safe asset and enable the swapping of the Gold Stable Coin with SGD-POL and HKD-BOL stable coins, facilitating trade, business, and investment as required, and holding gold when needed. Gold is the life source of innovation, microchips, and technology, utilized for its conductivity. Gold could be considered an essential commodity in modern cyber cities. Gold will always hold value; it existed before our birth and will endure after.
Get Started
Step 2
Download
Once your ID documents are received, you will be sent a download link to the email you provided. Download the stablecoin wallet.
Step 3
Activate
- After setting up the wallet, find your wallet ID number in the top left corner.
- Submit your wallet ID for identity verification to activate and whitelist your wallet.
- After verification, a small balance will be sent to your wallet.
- Start using the CyberGold application to buy, receive, and send Gold-CGV.
CGV Wallet
Advantages
Imagine if USDT and the Ethereum network were within the same company. Imagine if this company operated within Singapore’s regulations, ensuring quality and safety. The miracle is here: the CGV Stablecoin system, a fully backed Gold stablecoin running on a private Proof-of-Work blockchain called CGV. We call it the Cyber Gold Vault. Physical Gold represented on blockchain creating seamless transactions and custody within a regulated framework connecting the digital and physical world.
Singapores Reliable, Non-Political Financial Regulations Support Financial Inclusiveness and Reliability for Global Business
The transformative power of making financial services available in minutes for legal businesses and individuals in their pursuit of life can be delivered through decentralized, peer-to-peer, transparent, and secure payments. This shines as a beacon of hope for humanity. New innovative legal businesses that set up in Singapore or other strong financial jurisdictions often find it difficult to quickly establish traditional banking services to meet payroll, sales, trade, and administration costs. Existing successful businesses face barriers to entry in emerging markets where traditional financial services are yet to fully understand the industry, classifying it as high risk and preventing innovation and growth. Large businesses needing to meet the demands of securing resources internationally require a backup financial alternative if traditional systems for payments go offline or are delayed.
Trade and Conversion of Stable Coin to Gold
Our gold-backed stablecoin offers a reliable custody system for Gold ownership and a swift, secure payment alternative that enhances trade by overcoming the limitations of traditional banking systems while adhering to KYC and AML regulations. Utilizing a decentralized, peer-to-peer network, businesses can avoid delays and high fees. The stablecoin, backed by gold, bridges digital and traditional finance, ensuring value stability and easy conversion to physical gold. This maintains liquidity and enables seamless global transactions and holding Gold in times of uncertainty. Thus fostering greater economic activity and growth while ensuring efficient, compliant transactions.
Benefits of Holding a Gold Backed Stable Coin with the ability to convert to Fiat-Backed Stablecoins
Holding gold provides a stable store of value, protecting against inflation and economic volatility. By converting a gold-backed stablecoin to fiat-backed stablecoins, investors and businesses can enjoy the stability and security of gold while maintaining the flexibility to engage in everyday transactions. This conversion capability ensures liquidity, facilitates seamless global trade, and bridges the gap between traditional and digital finance, enhancing economic activity and growth.
Decentralized Digital Assets
Decentralized Digital Assets allows for Domestic and Digital payments creating inclusive, equitable financial inclusion, empowering individuals to communicate and trade freely throughout the world. An Alternative system for wealth distribution to ensure continuation of payments when needed.
Connect
At its core, finance is the philosophy that allows people to connect and together create a path toward a brighter, more harmonious future.
Harnessing the Power of Alternative Financial Solutions
Storing gold as a part of your portfolio enhances safety and stability, offering a reliable hedge against economic uncertainties. Innovators, individuals, and businesses transcending borders can facilitate connections to solve global problems and deliver solutions on an unprecedented scale. By providing alternative financial solutions through gold-backed stablecoins, we not only safeguard peace and economic prosperity but also uplift the quality of life for humanity as a whole. This fosters a world where collaboration triumphs over conflict, and where every individual has the opportunity to live safely, connected, and thrive through determination.
Features
CGV Blockchain
Decentralized Finance working with Government regulations
CGV Gold Stablecoin Wallet
The CGV Blockchain crypto wallet allows you to send and receive Gold-CGV. The wallet is associated with your ID allowing for increased security and protection of your assets. This also allows for seamless redemption of CGV Stablecoin into fiat or exchanging to another approved asset within the KYC/AML regulated ecosystem.
Decentralized Finance working with Government regulations
This ecosystem was created to adhere to the rules and regulations for stablecoins in Singapore. Therefor providing the global community a safe, fully backed and transparent stablecoin.
Questions and Answers
How to download?
Once your KYC/AML verification is completed, a link to download the application will be sent. When new versions are available, an email notification will inform you to update to the latest version of the app.
How to install?
Installation instructions will be sent along with the download link once you are approved.
How to find received transactions history?
Please visit CGV Explorer and search using your receiving wallet address to view the complete transaction history for that address.
Why is my sent address is not the same from the wallet that I selected?
The wallet address you selected is for receiving funds only. For security purposes, the system automatically selects the wallet address used for outgoing transactions.
What will happens if I loose my wallet seed?
Unfortunately, we do not have access to your wallet or its seed. If you lose your wallet seed, it will be impossible to retrieve or restore your wallet.