Page 40 - Bollion World Volume 4 Issue 8 August 2024

Bullion World | Volume 4 | Issue 8 | August 2024

Part 2: Use Cases for

Tokenized Gold

Mr Arjun Khazanchi, CEO and Co-Founder, Rooba Finance

Simplified Ownership and Enhanced Transparency
Tokenized gold simplifies ownership by allowing
fractional investments. Instead of purchasing an entire
gold bar, investors can buy smaller portions, making
gold investment accessible to a broader audience.
This fractional ownership is particularly beneficial for
small investors who previously found gold investments
prohibitive due to high costs.

Blockchain technology ensures transparency in
tokenized gold transactions. Every transaction is
recorded on an immutable ledger, providing a clear,
traceable record of ownership. This transparency
reduces the risks of fraud and counterfeiting, which are
common concerns in traditional gold trading.

Accessibility and Security for Small Investors
Tokenized gold lowers the barrier to entry for gold
investment. Traditional gold investments often require
significant capital and come with challenges such as
storage and security. Tokenization allows investors to buy
and sell gold in smaller, more affordable units without
worrying about physical storage. Professional vaults
securely store the gold, and regular audits ensure its
authenticity and safety.

Mr Arjun Khazanchi Efficient Trading and DeFi
Integration

Introduction and Secure 24/7 Trading and Reduced Costs
Investment Tokenized gold can be traded around the clock on
blockchain platforms, unlike traditional gold markets that
Introduction: The Promise of Tokenized Gold operate during specific hours. This 24/7 trading provides
Tokenized gold leverages blockchain technology to greater flexibility and liquidity for investors, allowing them
revolutionize gold investment and trading. By converting to buy and sell gold whenever they choose.
physical gold into digital tokens, it offers enhanced
security, transparency, and accessibility. Each token The decentralized nature of blockchain eliminates
represents a specific amount of physical gold stored intermediaries, reducing transaction costs. Investors can
in professional vaults, ensuring that the digital asset is trade tokenized gold directly with each other, saving on
backed by a tangible, valuable commodity. brokerage fees and other associated costs. Additionally,

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