Crypto Almanac - Part 33 Beginners Guide

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Source. Crypto info.com

What is AurusSILVER?
AurusSILVER (AWS) is a 100% silver-backed token on the Ethereum blockchain that is independently minted by a network of established traders from the traditional precious metals market. Each AWS token is backed by, and redeemable for 1 gram of 99.9% LBMA-accredited silver, held in fully insured and audited vaults.

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Aurus Technologies, the company behind AurusSILVER (AWS), was founded in 2018 and is replicating the traditional precious industry in a digital way. Aurus offers a blockchain-based protocol that interacts with a network of established refineries, vaults, and traders that work in synergy to autonomously mint physical silver bullions into AWS tokens.