A Singapore - based digital asset company , Digix , has partnered with mobile payment provider , Coinify , to create crypto - assets on Ethereum . The partnership aims to marry the functionality and transactional utility of digital coins , with real world physical assets on the market , allowing users to unlock the value of value of physical assets and use them as a medium of exchange over the internet , easily and efficiently . While the partnership is currently focused on applying the technology to gold , it soon plans to offer the service for diamonds as well .
A Singapore-based digital asset company, Digix, has partnered with Bitcoin payment processor, Coinify, to create crypto-assets on Ethereum. The partnership aims to marry the functionality and transactional utility of crypto coins, with real world physical assets on the blockchain, allowing users to unlock the store of value of physical assets and use them as a medium of exchange over the internet, easily and efficiently. While the partnership is currently focussed on applying the solution to gold, it soon plans to offer the service for diamonds as well.