TCG Group connects to the regional gold mining network, Ready to trade after this Songkran
Mr. Phatphong Charoenthanwong aka Mr. Jacky Wong, Founder, CEO and President of TCG Social Media Group Company Limited (TCG), disclosed that: “With the rising trend of gold prices TCG Social Media Group has watched over the past two years, the company has received system development funds from Dubai to develop technology and connects with partners in the region and internationally. The project includes investing in gold mines in many countries. Now the company is ready to roll out a new digital currency called Digital Gold Coin, or DGC, a coin in the Asset Coin group that supports real value with a network of gold mines in Asia and Africa accepted in Asian Countries, the Middle East and Africa. TCG has signed a contract with PTL Holding, an ASEAN public company that is project owner of the first high-speed electric train in ASEAN to develop LAOCOINS. TCG also has a concession for Securities Token System and GoldBanc Vault of AFRASEAN Group. It has also received a Digital Asset concession and Digital Bank license from Mauritius, Africa, to be used as a standard for measuring digital money and gold.”
“TCG has also partnered with Islamic Coin and WASABIH group to use DGC to back the value of ‘Halal Coin’ for spending and support in finances and business groups of Islamic countries as the mainly Middle East countries are open to the idea. DGC digital coin will be publicly traded on the board of the world's 3rd largest exchange, XT.com, starting July 4, 2023.”
Going forward, TCG will expand DGC into the following Assets Coin groups:
METAIN VIETNAM ,
COFUND INDONESIA,
LIQUID TREE USA GLOBAL,
EXPRIZO = EU & MENA & AFRICA will open a DGB (Digital Gold Bank) by connecting to either a Bullion Bank under the concept of DBDC (Decentralized Bank Digital Currency) or an independent bank that is not controlled by the government but is in accordance with market mechanisms on the user side. This will be consistent with the principles of the global financial system using the value of gold as a guarantee to create currencies according to international conditions, thereby qualifying as a legitimate digital currency.
As for the big picture, Mr. Patpong commented that: “Using digital finance to develop the Eastern Special Economic Zone means we must create a new mechanism in the form of Digital Assets Management which will stimulate the economy. This will extract the value of assets that are already in them to convert into money. The valuation of assets in the market system for public consumption can be transferred flexibly. It will help make the economy more liquid without having to go through an intermediary. This allows people to directly benefit from those assets. The more the assets are moving and changing hands several times, the more economic value they can create. So, if the country's leaders know how to use these mechanisms, tools and modern financial technology, they can solve economic problems quickly and the more advanced the country will be. Some countries such as China are already far down the road.”
Meanwhile, DGC will continue to build partner networks regionally and internationally, build fundamental strengths in terms of coins and systems, and be ready to continuously peg or reserve the value of various Digital Currency Partners.