 Zhang Dexi, Chairman of the Gold and Silver Exchange, said that he is optimistic about the trend of gold prices this year and launched digital gold using blockchain technology. What is the investment value?

Interview guest: Dr. Zhang Dexi, Chairman of the Gold and Silver Exchange

The Hong Kong gold industry took advantage of the rebound in gold prices to launch digital gold using blockchain technology.

Chairman Zhang Dexi said that the application of this technology can "cut" gold from one tael or one ounce to as small as one gram. In other words, the current gold price (March 2019) is about HK$320, and the entry threshold has been lowered. The use of technology has the characteristics of real-time synchronization of materials and unchangeable records, which can make transactions safer.