The Closed Loop Private Ledger
BitGold offers a platform for buying, selling, or redeeming gold using BitGold’s Aurum payment and settlement technology.
"At BitGold and GoldMoney, one of the benefits we have is that we are dealing with the physical gold. We have built a digital ledger and it is a closed loop private ledger. Even if we were to get hacked our system has a capability to reverse all the paths. Even if someone was to get in and mess around with the ledger we still have all the physical gold.”
Darrel MacMullin, CEO of BitGold.