Zhilian China, a subsidiary of SmartChain China, signed an MOU strategic cooperation agreement with Samsung Goldex

December 10, 2021 -- At the end of November, Nirvana Chain, a blockchain technology project in China, reached a strategic cooperation with Samsung Goldex, a gold giant, and signed an MOU strategic cooperation agreement to jointly develop a gold business ecosystem based on blockchain technology. Nirvana Chain is a leader in the blockchain field. Samsung Goldex has been in the gold business for more than 50 years. According to the agreement, the two parties will share blockchain technology, jointly build a tradable "digital gold platform", digitize gold through blockchain technology, turn real gold into a stable digital code that is convenient to transfer, and provide a safe value exchange method for the public to complete the digitization and tokenization of gold assets.

TokenSGX, developed by Samsung Goldex based on Nirvana Chain, is circulated and used as a digital currency when trading gold. Under the empowerment of blockchain technology, SGX makes gold trading decentralized, fair, transparent, efficient and convenient, which is of milestone significance to the whole gold market. Nirvana Chain provides a higher level of traceability and audit for gold trading, and provides tamper-free ownership records, making gold ownership clearer and more transparent. It also provides a more mobile trading market for traders and investors, expands the trading depth of the gold market and increases the trading volume. Meanwhile, Samsung Goldex will also use gold assets and funds for double value backing to build the SGXtoken system that anchors the value of physical gold. The cooperation between

Zhilian China and Samsung Goldex will accelerate the development of the digital transformation of gold and provide users with better digital gold trading services. This is a revolution has has come.

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Contact Info:
Name: Nirvana Chain
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Organization: Shenzhen Zhina Star Technology Co., LTD
Phone: 86 - 13536839086
Website: https://www.nachain.org/

Release ID: 89056265