A cryptocurrency development backed by real gold to mass liquidate the production of this natural resource.
A cryptocurrency development backed by real gold to mass liquidate the production of this natural resource.
Seamless & error-free liquidation of real gold to digital assets
Live after 3 months of development
Industry:
FinTech
Delivery:
3 months
Services Used:
Our client ran several gold mines in Myanmar and wanted to adopt a crypto-application to liquidate their gold production. In essence, they required us to convert real gold to digital assets – Myanma Gold Coin (MGC), on the blockchain.
Ekotek tackled the project with our team of experts in business, development, and software testing & quality assurance. The team chose Ethereum, ERC20, NodeJS, and PHP as the primary tech used for this cryptocurrency project.
We also developed the maintenance and management of gold-converted-MGC by blockchain technology.
Information regarding the mining process would be loaded and recorded on the blockchain, lending the coin credibility with uninterrupted data.
A hardware wallet was also part of the development project to help users store, retrieve, and trade their MGCs.
The unique Myanmar Gold Coin successfully went live after 3 months of development.
Subsequently, the cryptocurrency blurs the line of physical and digital assets for a new & improved liquidity approach for their gold production.
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Dylan Dong Do is a seasoned leader with over 15 years of experience in business management across both product and ITO companies. Under his leadership, Ekotek has grown from a small team to a thriving organization of over 200 skilled professionals in just 5 years.
Throughout Dylan’s career, he has achieved remarkable success. In 2009, he played a key role in developing batdongsan.com.vn, establishing it as Vietnam’s top real estate listing platform. In 2018, Dylan was promoted to Chief Operating Officer of VTI, driving VTI to exponential growth from a 30-member team to a robust force of over 300 staff.
With a desire to integrate technological advancements into everyday life, Dylan Dong Do founded Ekotek. He consistently updates his knowledge and skills in advanced technology to orient the company, ensuring that it stays at global trends and better serves the needs of customers.
