A Digital Currency Fully Backed by Physical Gold & Silver Bullion
Whether you think you know about cryptocurrencies or not, it's important to understand what separates BullionCoin from them. This is a digital currency, different and new.
BullionCoin has been carefully designed to be compatible with the monetary needs of the global financial markets, companies and private individuals. The central design tenet is that it fully backed by physical gold and silver bullion. Gold & silver has been used as money and as a means of storing value for over 5000 years. Over those millennia, no other asset has been able to similarly provide the necessary characteristics to match them.
BullionCoin and Noor Capital have both set out to unite the physical precious metals and global financial markets by using digital blockchain technologies. Together they have created a seamless and fully integrated trading platform that allows participants to access both of their exchanges.
This extremely well engineered technological solution, will deliver accessible liquidity and stability into the global economy that is also intertwined with very low counterparty risk on a level never seen before, whilst not being able to be debased.
This is a new digital asset that is going to be widely adopted by large mainstream international financial institutions, companies and individuals alike, unlike all of the other purely mathematically created cryptocurrencies.
BullionCoin is purchased into existence in the Primary Marketplace and traded within the Secondary Marketplace. It is fully tradable, exchangeable, transferable, and redeemable. It is a true transactional currency that also serves as a store of wealth, meaning it is both currency and money.
Backed by vaulted 100% physical gold and silver bullion on a fully allocated basis
"To launch BullionCoin as the world's leading honest Digital Currency, 100% backed by gold and silver which are impossible to debase or devalue; fully exchangeable with other fiat and alternative currencies, where both gold and silver become earning assets using suitably structured incentive schemes."