Gold-backed Jinbi Token Joins Forces With Powerhouse Pillar Project - Seite 2

There are six key stages to the Jinbi Token (https://jinbitoken.io ) process. Firstly, the business holds a legal off-take agreement with the mining partner for the production of gold. The gold is produced and then refined by a world-leading precious metals company. After this stage, the gold is then insured and stored securely in vaults. International certification agency Bureau Veritas will perform as the third-party auditor.

Once approved and verified, the gold is linked to smart contracts which are permanently on the public blockchain. Jinbi Token will be a safe haven crypto asset class with an increasing gold floor.        

Jinbi Token (https://jinbitoken.io) will also hold quarterly audit inspections on the quantity and quality of gold stored in vaults. By doing this, the company ensures proper and correct accounting is upheld. In addition to this, Jinbi Token will use cryptographic security, meaning only those within the supply chain are able to view the details. Those taking part will be provided with transparency, so they can have a precise understanding of the location of their gold.

Andre Rafnsson continued, "Our expectation is to have 150,000 ounces of gold linked to smart contracts by 2019. All bars produced are twenty-four carats with a fineness of 999.5. They will all be delivered brand new and will be stored in various sizes, from 5g to 12.5kg. Once the gold has been allocated, it can then be delivered or stored.

"A maximum of 10 million Jinbi tokens will be available to the public. The Jinbi token will be one of the first tokens, other than the Pillar token, to use the new Pillar wallet."

Tomer Sofinzon, co-founder of 20|30 and the Pillar Project, and an advisor to Jinbi Token said, "We are proud to partner with the team at Jinbi. It is one of the transformational and revolutionary initiatives ideally suited to the platform we have created. We are looking forward to integrating Jinbi into our wallet to make gold more accessible to all."

For more information about Jinbi, please visit https://jinbitoken.io.

Links:  

Jinbi Token: https://jinbitoken.io/

Pillar Wallet: https://pillarproject.io/

Jinbi Token Telegram: https://t.me/JinbiTokenOfficial

Jinbi Token Instagram: https://www.instagram.com/jinbitoken

Jinbi Token Twitter: https://www.twitter.com/jinbitoken

Andre Rafnsson is available for an interview upon request. Media information provided by Famous Publicity. For more information, please contact Josh Balmer at [e-mail], Mason West at [e-mail], or Tina Fotherby at [e-mail].