SRG TOKEN
TRUST TOKEN is a new cryptographic category introduced by LumiShare SRG.
We have created a new economic system that is built on transparency, human capital, technology, cash, and gold. LumiShare SRG, as a token backed by three uncorrelated assets, provides limitless growth and opportunity. These assets will give $SRG security in the event of a crisis.
As the market capitalization of $SRG rises, so will the reserves, establishing a new floor price. LumiShare SRG tokens establish a floor price equal to the all-time high market cap value. At the same time, LumiShare SRG’s token price has no upper limit because it is not directly tied to the asset’s worth.
The SRG token represents a revolutionary concept of money as well as a brand-new economic system based on the ideas applied to the US economy until 1971. SRG is not a stablecoin that is backed by a single fiat currency.
The SRG Token is backed by three unrelated assets, including GOLD, which is stored in a safe and secure vault at a bank in Abu Dhabi, UAE, and is monitored in real time 24 hours a day, seven days a week.
Contracts will be implemented using the Polygon Network, Binance Smart Chain, and Ethereum 2.0 (PoS). We chose these three networks based on their dependability, transaction speed, and community of validators.
Cross Chain Networks
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Data, cryptocurrencies, and non-fungible tokens can be transferred between blockchain networks using a cross-chain bridge. By using multiple blockchains, data and tokens can be transferred between otherwise separate data sets.
As a result of fiat currency, individuals and organizations are able to exchange money in many ways, establishing a system of financial payments that is globally accessible and interoperable. Among these systems are institutions that handle foreign exchange, banks, and credit cards. Similarly, a cross-chain bridge serves a similar function in the world of blockchains.
Polygon Matic Network
Polygon is a layer 2 blockchain and scaling solution that runs alongside the Ethereum main chain, enabling fast and low-cost transactions.
To establish this parallel blockchain and integrate it into the main Ethereum blockchain, Polygon employs a variety of technologies, including rollups, sidechains, and state channels.
Binance Smart Contract
A redesigned smart contract platform has been launched by Binance based on the Go Ethereum (GETH) client, making it compatible with blockchain applications developed for the Ethereum network. The cost and speed of running the same applications on BSC are, however, much lower than those on Ethereum.
Ethereum 2.0
By implementing the “merge”, Ethereum has successfully moved from the previous Bitcoin-style consensus mechanism requiring as much power as entire countries to a proof-of-stake (PoS) process that is environmentally friendly and maintains security while adding new blocks of transactions to the blockchain without creating a discernible carbon footprint. The merge was conducted with the same level of planning, execution, and risk management sophistication expected by blue-chip corporations, which has instilled a great deal of confidence among players who are accustomed to using traditional financial infrastructure.
