The gold industry is a very profitable one no doubt it is a multi billion dollar industry through which millions of people earn a living, but like most industries it has his own problems that is dragging it down and not allowing it to reach the heights it has the potential to reach.
These problems include ;
--insecurity of supply chain of gold,
-- inability to trace the origin of gold which results in trading in conflict gold or gold not acquired by correct means.
--unfair revenue to small scale miners which has negative cumulative effects on their lives and family,
--Irrresponsibility in the mining process with no regard for the environment or ecosystem ,
--untrustworthiness ,corruption and extortion by middle men that stands between miners and companies that refine gold,
--problems of black market where people sell gold in an attempt to bypass middlemen and time wasting leading to extortion.
You'll agree with me that these problems are significant ones which need to be addressed as soon as possible in and in that respect steps in the USAVE platform .
The USAVE platform is one that has been designed to tackle all the above problems mentioned providing solutions and bringing innovations that will take the gold industry to greater heights.
The USAVE platform intends to use the speed and security offered by the blockchain technology to track, secure and market eco-response gold from eco compliant miners - thereby helping to create an eco- responsible gold industry with regard to the environment .
The platform also uses blockchain technology to track fair payments and also create a physical gold exchange.
The platform will bring small scale miners in the gold industry more financial security by fair ensuring payment for their work which will help to cut out the extortional practices of middlemen and the black market.
The perform also possess of physical state-of-the-art storage fault in Monaco that will hold gold under insurance ( The Lloyds of London),
The platform has also most importantly created a physical gold exchange in collaboration with GMEX ( a partner ) which will help bring an efficient solution to the volatile cryptocurrency market as we know it ,which helps to allay the fears of potential investors.
the USAVE tokens is the official cryptocurrency that will be used to perform all transactions on the platform ,
this is just a little bit of good the platform has in store ,
there is an ICO (initial coin offering) currently running you should be a part of it.
For more information on the USAVE platform and USAVE tokens visit..
USAVE website
Telegram
Read the white paper
By amedkarim
ETH WALLET ADDRESS
0x99B18A4A9AeF1954c18C719d3da783E10a5dcf64
