MINING COMPANY OFFERS FIRST-EVER “MINE-TO-TOKEN” CRYPTOCURRENCY TO INVESTORS LOOKING FOR EXPOSURE TO GOLD
Cryptocurrencies are considered highly volatile assets. The asset-based cryptocurrencies are used for digitising an asset, and the record is stored on the blockchain. For example, if a real estate property is sold to an individual, the information will be digitised instead of requiring paperwork. The records, like property location, deeds and ownership history of the property, are stored on the blockchain. Bitcoin is the most valuable cryptocurrency globally by market capitalisation, only subject to 20% to 30% swings in price on any given day.