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 Currency Association (GDCA), which was founded in 2002, is a non-profit association of online currency operators, exchangers, merchants and users. The GDCA is an example of the DGC industry's attempt at self-regulation. On their website they claim their goal is to "further the interests of the industry as a whole and help with fighting fraud and other illegal activities, arbitrate disputes and act as escrow agent when and where required." Of the once DGC providers, Pecunix (gone, see below), Liberty Reserve (shut down for money laundering in 2013), and eight others became members of the association. It costs one gram