Royal Canadian Mint Goes Blockchain – via Goldmoney and Cryptocurrency

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Canadian Blockchain startup  Goldmoney (formerly BitGold),  which  powers a cryptocurrency based on gold, has added gold from the Royal Canadian Mint to its bullion reserves.

From Goldmoney:

We’ve collaborated with the Royal Canadian Mint to provide you with a second Canadian vault option: The Mint’s secure precious metal storage facility in Ottawa! As of today, you can instantly purchase any amount of 100% reserved gold bullion in the Mint’s Ottawa vault, transfer Mint-vaulted gold value to anyone for free*, make vault-to-vault transfers between the Mint and seven Brink’s vault locations located around the world, redeem your gold balance to your Goldmoney Mastercard Prepaid card or bank account, or take physical delivery.

Ottawa Vault Features

  • Instantly purchase and hold 100% Mint-vaulted gold bullion.
  • Standard deposit and redemption fees of .50%.
  • Free storage for up to 1,000 grams.
  • Transfer gold value to anyone for free via text message or email.
  • Redeem gold balance to bank account in local currency or load a Goldmoney Mastercard Prepaid card.
  • Redeem coins, GoldCubes, or bars via Goldmoney Physical.
  • Make vault-to-vault transfers to and from seven Brink’s vaults (Toronto, New York, London, Zurich, Dubai, Singapore, and Hong Kong).

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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