What is BullionBlocks?
BullionBlocks is a Etherium based blockhain where all the gold and silver are stored electronicly into a blockchain with assetback tokens in Cryptocurrency.
Gold and metals are stored digitally into a Blockchain, it is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
BullionBlocks is an Etherium based blockchain, Etherium is an open-source, blockchain-based, decentralized software platform used for its own cryptocurrency, ether. It enables SmartContracts and Distributed Applications (ĐApps) to be built and run without any downtime, fraud, control, or interference from a third party.