Digix tokenizes gold on Ethereum. We leverage the Distributed Ledger for its immutability, transparency and auditability by applying it to precious physical assets. Digix has created a range of technologies including The Proof of Asset Protocol (POA) and Digix Gold Tokens (DGX) on Ethereum.
Digix provides a use case for the tokenisation and documentation of physical assets through its Proof of Asset (PoA)protocol. The PoA protocol utilises Ethereum and the InterPlanetary 1 Files System (IPFS) to track an asset through its chain of custody. This allows for the open and 2 public verification of an asset’s existence without a centralised database. Digix also offers an API allowing other applications to be built on top of our asset tokenisation service