Goldmoney Inc T.XAU

Alternate Symbol(s): XAUMF

Consumer Cyclical Specialty Retail

Goldmoney Inc. is a Canada-based company, which specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. It also maintains diversified interests in property investment and jewelry manufacturing. The Company’s segments include Goldmoney.com, and Goldmoney Properties Limited. The Goldmoney.com segment is an online platform that provides clients with access to their Holding to purchase and sell physical precious metals and arrange for their custody and storage. Goldmoney Properties Limited is a United Kingdom-based entity established to acquire long-life property assets with secure long-term income streams. Goldmoney Properties Limited owns six properties totaling 423,087 square feet (GIA) with annual contracted net rental income of £6.8 million ($11.8 million). Its subsidiaries include Goldmoney BVI Inc., Goldmoney Vault Inc., and others.

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Goldmoney Inc

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Post by GMoneyTxon Jun 27, 2019 8:14pm

271 Views

Post# 29872094

New GM Project

I saw a tweet from the CEO, hinting at a new project the company is working on. There were not a lot of details provided, other than the project was related to the “ability to custody and store our information”.

If I were to speculate, it sounds like the company may be looking to enter the “Decentralized Identity” space. This could be an exciting opportunity for the company, in an emerging technology.

I have included a link below, which provides some background on this decentralized identify concept.

https://techcommunity.microsoft.com/t5/Azure-Active-Directory-Identity/Identity-Hubs-as-personal-datastores/ba-p/389577

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