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HayekGold from Anthem Vault represents physical gold on the bitcoin blockchain
By Giulio Prisco
Bitcoin Magazine, Huntsville, Alabama
Thursday, June 4, 2015
Financial technology company Anthem Vault today launched HayekGold (the "hayek"), a digital token that enables more people to own and spend gold. Each hayek represents 1 gram of gold stored in the secure, world-class vaulting facility in Salt Lake City, Utah, and will be purchased at the market value at the time of the transaction.
"We use the latest, most secure technology -- the bitcoin blockchain -- that fuels hundreds of other crypto-related platforms," said Anthem Vault founder and CEO Anthem Blanchard. "The hayek coalesces the most trusted store of value in history -- gold -- with the world's most secure exchange network, bitcoin. Gold is hardly volatile and can help create a more anchored currency and savings plan."
Blanchard, a lifelong advocate of decentralized sound money, is the son of James U. Blanchard III, who helped restore Americans' right to own gold bullion. The Hayek name leaves no doubts about Blanchard's political leanings. "First of all, we love F.A. Hayek, one of the greatest contributors to the Austrian School of Economics," the HayekGold website says. "He wrote a number of valuable books and articles about the free market, price theory, and more throughout the 20th century. Second, Anthem Vault's CEO is named Anthem Hayek Blanchard. His parents loved F.A. Hayek's work so much that they named their son after him!" ...
... For the remainder of the report:
https://bitcoinmagazine.com/20682/hayekgold-anthem-vault-represents-phys...
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