Maddy McCullough @Missingmaddy
GOLD-ASSET-BACKED CURRENCIES

Only gold-or asset backed currencies that have a digital gold or asset certificate can be transferred through the QFS. The certificate will reference a serial number on a piece of gold or asset held in reserve to back the currency.

Satellite technologies are used to quarantine the gold and or assets used to back currencies. There is no way it can be stolen or taken out of the secure vaults where it is stored. That is why it is called a gold-backed currency, it has to reference back to the piece of gold or asset that is backing it.
https://amg-news.com/qfs-s...
12:06 PM - Dec 02, 2022
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