Digix ecosystem consists of two tokens i.e. DGX and DGD. DGX and DGD both are ERC-20 tokens developed on the Ethereum blockchain.
DGX is a gold-backed token, where every DGX represents 1 gram of 99.99% pure gold. The DGX token is issued using the Proof of Asset (PoA) protocol. For PoA, Digix uses proof of asses cards which require filling of information such as SKU of Gold bar, Bar serial number, purchase receipt, depository receipt and storage fees due. These proof of asset cards can be storedShow more [+]