Gold-Backed Digital Asset Platform
BiGA is a digital gold on a blockchain-based transfer system, where gold is digitally represented using blockchain technology and has a physical equivalent stored one-to-one in the Turkish State Mint and can be delivered upon user request. Many digitally produced blockchain-based assets do not have a physical backing and therefore cannot be used in regulated financial markets. The BiGA project offers a solution compliant with official regulations by enabling the transfer of digital assets that are physically backed, physically deliverable, and gold-pegged on the blockchain. Known blockchain solutions operate in a structure where either all transactions are visible to everyone or each transaction is completely confidential. In the TAKASCHAIN infrastructure used in the BiGA infrastructure, transfer transactions are verified by the validator stakeholders on the blockchain, and while the user's financial privacy is protected, the transactions can also be monitored by a regulatory authority. With these features, it provides both privacy and traceability in a way that is compliant with regulated financial markets. BiGA stands out as the first digital asset that is integrated with the Gold Transfer System, has a physical equivalent, can be physically delivered, and provides full privacy and auditability. In this context, it is planned to enrich the TAKASCHAIN, the created digital asset platform, by adding digital assets indexed to existing values. You can start using the current version by opening a BiGA account from the websites or mobile applications of intermediary institutions and banks. You can access the details of the project from the Project Report Whitepaper.
7/24 Transfer
Instant transfer capability that can be performed at any time of the day
Dijital Gold Network
Independent of limits with the blockchain network that can be created
Privacy
Transaction and user privacy thanks to the designed cryptographic infrastructure
Secure Transactions
100% secure transactions that are not affected by sudden price movements, whose physical value are stored in the safes of the Turkish State Mint, and offer the option of physical delivery
Traceability
Traceability of transactions by parties and authority
Physical Equivalent
1 BiGA = 1 gram gold
Access to Data
Opportunity to decentralized unlimited access to date
Physical Delivery
Opportunity to receive BiGA on the blockchain as gold through to Darphane