The Comtech Gold (CGO) represents one pure gram of gold, and fully backed, redeemable, regulated gold. CGO is also a stablecoin backed by gold and follows Shariah principles. Learn more about Comtech Gold with the Co-Founder and CEO, Navin D’Souza, in this AMA.
Q. Tell us briefly about yourself and how you came up with your idea behind Comtech Gold.
I have been in this gold-related industry over the last 15 years and what I have observed is that though everyone wants to invest in gold, it is always not very easy to do so. The traditional form of investment is always jewelry, which, once invested, becomes part of your personal collection and does not remain as an investment. Other forms of investment are not available to ordinary people, mainly because of their size, e.g., trading in gold on an exchange platform is only available in a minimum size of 1 kg. Also, along with investment in gold comes other nuances, i.e., storage, security, making charges on jewelry, etc. That’s when we came up with a thought – what if we can ...