Investment and technology themes
KANDO id: 6861212

Token information

Also known as
XAUR
Digital asset type
Cryptocurrency backed by a physical reserve of gold.

Overview

Xaurum is a type of cryptocurrency that was created in 2014. It is an open-source, decentralized digital currency that uses a proof-of-work (PoW) consensus algorithm to secure its blockchain. Xaurum is designed to be fast, secure, and efficient, and it is used by many businesses and financial institutions as a means of payment and settlement. One of the key features of Xaurum is its focus on gold. The Xaurum blockchain is backed by a physical reserve of gold, which is held in a secure vault and audited on a regular basis. This allows Xaurum to provide users with a stable and transparent store of value, and it sets Xaurum apart from many other cryptocurrencies that are not backed by physical assets. Xaurum can be bought and sold on a number of cryptocurrency exchanges, and it can also be stored in a wallet on a personal computer or mobile device. The value of Xaurum, like other cryptocurrencies, is determined by supply and demand on the open market. Overall, Xaurum is a cryptocurrency that is backed by a physical reserve of gold. It is fast, secure, and efficient, and it offers users a stable and transparent store of value. Xaurum is widely used by businesses and financial institutions as a means of payment and settlement.

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