World Gold Council: Building Shared Digital Gold Infrastructure Could Unlock Up to $700 Billion in New Demand

English summary

The World Gold Council and Boston Consulting Group propose building a shared 'Gold-as-a-Service' infrastructure, potentially unlocking up to $700 billion in demand. Tokenization can activate gold for collateral and circulation while attracting new retail customers. However, challenges such as inconsistent standards, fragmentation, and high development costs remain, requiring industry innovation to uphold the underlying logic of physical gold backing.