Summary :
It’s worth asking the question— why not just own physical gold?
Owning gold can certainly make a lot of sense.
But just like the Knights Templar’s encrypted letters, gold tokens make it very easy to transport gold across borders.
On the other hand, you could deposit your kilo of gold in a vault in Texas, receive gold-backed tokens, and redeem the tokens in Europe for the same amount of physical gold.
The CACHE tokens can be redeemed for physical gold at three vault locations— in Dallas, Switzerland, and Singapore.
The company is looking to add more locations; a network which could prove to be a useful alternative to physical gold transportation across oceans and borders.
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