Gulden (digital currency) Gulden (digital currency) Gulden (trading symbol - NLG) is a second generation peer-to-peer cryptocurrency which was created to a provide a secure, simple and fast method of performing financial transactions between private individuals, customers & service providers and also corporate entities. Like many recent (post 2012) cryptocurrencies, the primary design criteria were to improve security and usability of the currency and its underlying transaction authorisation technology (when compared to the original cryptocurrency - Bitcoin). The purpose of these changes were to simplify use and increase its adoption as a convenient, cheap and safe form of payment. The original initiative for
Digital gold currency each of which provides a system that enables users to pay each other in units that hold the same value as gold bullion. These competing providers issue a type of independent currency. Proponents claim that DGC offers a truly global and borderless world currency system which is independent of exchange rate variations and political manipulation. Gold, silver, platinum and palladium each have recognized international currency codes under ISO 4217. Unlike fractional-reserve banking, DGCs hold 100% of clients' funds in reserve as gold, silver, and/or platinum, which can be exchanged via digital certificates. Proponents of DGC systems say that deposits are