What Is Xaurum Cryptocurrency?

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Xaurum is the only digital asset with a continuously growing gold base. Together with the blockchain technology, it guarantees the highest level of security backed by transaction transparency on the public ledger
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What Is Xaurum Cryptocurrency?

Fri Apr 06, 2018 5:17 pm

What Is Xaurum Cryptocurrency?

With the advent of smartphone-enabled payment portals and finance apps, the landscape of the payment market has been changed irreversibly. Experts suggest that this trend is here to stay, especially since blockchain technology has become increasingly prevalent.

Xaurum can be thought of as a representative cryptocurrency that is based upon a gold reserve model and is ever-increasing in its value. To be more specific, this alt-currency is designed to be a value storage entity that distributes profit obtained from created money (seigniorage), thereby allowing investors to earn steady revenue streams on the side.

Xaurum brings together a host of different financial entities to establish a stable ecosystem. Some of these key economic agents include:

- A commonwealth gold reserve
- Traders and buyers
- Money creators and destroyers



Moreover, an increase in the amount of commonwealth gold provides the basis of unity of interests for all economic agents within this platform. Since physical gold is used as the standard that determines the exchange value of Xaurum, the entire process is dictated by a centralized body – Auresco Institute – that oversees the creation and destruction of money. This independent body was created for the specific purpose of overseeing the money creation process, which sustains itself via the rebate it generates automatically."


https://themerkle.com/what-is-xaurum-cryptocurrency/

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