Goldback
Goldback produces physical, interchangeable gold currency using advanced vacuum deposition technology, allowing for small transactions without the need for fiat currency. This approach provides a stable, inflation-resistant medium of exchange that preserves purchasing power for individuals and local businesses.
- Blockchain & Cryptocurrency
- Financial Technology
- Hardware
Funding
Raised to date
$50KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional fiat currencies are susceptible to inflation, eroding purchasing power and creating financial instability for individuals and local businesses. Reliance on digital payment systems introduces counterparty risk and dependence on centralized authorities.
Solution
Goldback offers a physical, interchangeable currency made from small amounts of gold, providing a stable medium of exchange that is resistant to inflation. Using vacuum deposition technology, Goldbacks enable transactions without reliance on fiat currency or digital systems. Goldbacks are designed to preserve spending power and promote financial stability within communities by offering a tangible, inflation-resistant alternative.
Target Audience
Individuals and local businesses seeking a stable, inflation-resistant medium of exchange as an alternative to fiat currency.
Features
- Physical currency containing fractional amounts of gold
- Produced using 5th-generation vacuum deposition technology
- Fungible denominations allowing for easy exchange
- Designed for use in small, everyday transactions
- Can be used for barter, trade, and discounts
- Available in multiple state-specific series