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Golteum Enter Chainlink’s Program To Seamlessly Integrate Crypto And Precious Metals

June 29, 2023
in Crypto Exchanges
Reading Time: 3 mins read
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Golteum, an avant-garde platform specializing in Non-Fungible Tokens (NFTs) backed by gold and different bodily valuable metals, has joined Chainlink’s ecosystem by way of its BUILD program. This transfer will grant Golteum entry to Chainlink’s superior oracle community and technical experience, enhancing its choices and expediting the combination of valuable bodily metals into the blockchain ecosystem.

Golteum(GLTM) Goals For New Excessive With BUILD Program

Golteum’s progressive strategy to asset buying and selling has already set new requirements within the trade. By becoming a member of forces with Chainlink by way of its BUILD program, Golteum is about to boost its service choices additional, delivering superior buying and selling experiences to its customers. Golteum’s goal is to catalyze a broad spectrum of shoppers’ intensive acceptance of investments in valuable bodily metals on the blockchain.

🏗️ #ChainlinkBUILD 🏗️@golteum, a platform for fractionalized NFTs backed by bodily gold bars and different metals, has joined Chainlink BUILD.

In return, Golteum will make 4% of its whole native token provide accessible to Chainlink service suppliers, together with stakers.… pic.twitter.com/jLOpcgfylW

— Chainlink (@chainlink) June 15, 2023

As part of this co-existence, Golteum will unlock enhanced technical help and providers, boosting its development to offer valuable metals-backed crypto providers to customers. Chainlink’s oracle know-how will play a significant function in making certain that Golteum’s gold and different valuable metals buying and selling infrastructure operates with utmost reliability. 

Furthermore, it would present Golteum’s platform with correct, real-time knowledge in regards to the metals’ costs, market traits, and different important data. It will provide customers reliable data and solidify Golteum’s fame as a trusted platform for valuable bodily metals-related transactions. 

By harnessing the facility of blockchain know-how, Golteum goals to make this traditionally steady asset accessible to buyers throughout all earnings ranges. 

Chainlink’s automated audits, relied upon by main Web3 platforms for his or her unmatched transparency, will help Golteum’s 1:1 asset-backed treasury. Chainlink’s Proof of Reserve, an answer recognized for its autonomy, reliability, and safety, will present real-time monitoring for off-chain reserves. Furthermore, Golteum will acquire the possibility to faucet into Chainlink’s alpha and beta product variations, enhancing its platform.

buypresale

In return, Golteum has dedicated to allocating 4% of its native token (GLTM) provide to the Chainlink group and repair suppliers, incentivizing these concerned in staking actions. This initiative gathers the pursuits of each communities, boosting the mutual success of each Golteum and Chainlink.

Chainlink Labs’ progressive program, Chainlink BUILD, empowers web3 tasks to completely faucet into the transformative “Chainlink impact.” This impact refers back to the accelerated development and adoption skilled by tasks that combine into the Chainlink ecosystem as they progressively make the most of important Oracle providers and interact with the sturdy Chainlink group.

The Potential of Golteum as Launch Attracts Nearer

By harnessing the facility of Chainlink’s sturdy providers, Golteum (GLTM) unlocks a variety of integration advantages that elevate its platform to new heights.

One key benefit lies in Chainlink’s decentralized oracle community, which safeguards knowledge feeds and introduces randomness by unbiased nodes. This multi-node strategy minimizes the chance of a single level of failure, enhancing the general safety and reliability of Golteum’s gold token ecosystem.

To strengthen its safety measures, Golteum’s sensible contract has undergone rigorous scrutiny and certification by Certik, a number one blockchain safety firm. Moreover, Golteum boasts a extremely succesful crew comprising specialists and strategic consultants, with six crew members having accomplished Certik’s KYC course of and incomes the esteemed Silver badge.

To additional improve safety and custodial providers, Golteum is working with Fireblocks, a trusted blockchain infrastructure supplier, making certain the secure storage of funds on the platform.

By these strategic collaborations and cutting-edge integrations, Golteum units itself aside, establishing a strong and safe ecosystem that instils confidence and empowers customers to embrace the way forward for digitized valuable metals investments.

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Tags: ChainlinksCryptoEnterGolteumintegrateMetalsPreciousProgramSeamlessly
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