A public chain project’s mainnet test is launching this Friday. Interestingly, they also announced a partnership with a major Asian gold issuer, planning to issue gold tokens on the chain. In terms of scale, the gold market involved here is roughly in the trillions. This combination of traditional assets and blockchain is one of the more concrete asset tokenization use cases in recent years. As a safe-haven asset, gold placed on the chain for circulation, trading, and settlement could theoretically reduce cross-border transfer costs. Of course, the actual impact will depend on the performance after the mainnet launch and market acceptance. It’s worth keeping an eye on the project’s upcoming developments.

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RektButSmilingvip
· 9h ago
Putting gold on the blockchain sounds good, but can it really reduce costs? We'll have to wait until the mainnet is up and running to see.
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MoonMathMagicvip
· 9h ago
Trillions of dollars worth of gold on the blockchain? This time, it really doesn't look like a PPT project.
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ChainSauceMastervip
· 9h ago
Putting gold on the blockchain sounds advanced, but how many can actually be used? Let's first see if the mainnet is stable before making any judgments.
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DegenRecoveryGroupvip
· 9h ago
Trillions of dollars worth of gold going on the chain, is this for real? --- Gold tokens sound good, but I'm just worried it’s another empty promise --- Let’s wait until the mainnet launches, right now it’s all just on paper --- This is what real implementation looks like, unlike some projects that boast every day --- How much has cross-border transfer costs decreased? Are there specific data? --- Tokenizing traditional assets is indeed the direction, but what about actual adoption rates? --- Launching on Friday, another new story begins --- Partnering with major Asian gold traders sounds impressive, but we still need to see actual trading volume --- The beautiful vision of asset tokenization vs. the practical difficulties in adoption, an eternal contradiction --- Placing safe-haven assets on the chain might actually increase risks, just thinking about it makes me hesitant to use it
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FlyingLeekvip
· 9h ago
Gold on the blockchain? Just hear about it, let's see if it can actually be implemented.
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