SECURELY AND INSTANTLY CONVERTING DIGITAL WALLET VALUE TO PHYSICAL GOLD BULLION

摘要

Disclosed is a system related to a software platform that implements an algorithm for facilitating an instant and secure digital value transaction within a network. The digital wallet value of user(s) is converted into a virtual currency and the consolidated pricing feed of the gold bullion counterparties are computed. Further, the converted virtual currency is matched with the consolidated pricing feed of the gold bullion counterparties and based on the matching criteria an invoice can be generated for the user to purchase the gold. The generated invoice is further confirmed or secured by performing multiple signatures from different stake holders involved in the digital value transaction. Different stakeholders involved in the transaction include a server implementing the algorithm, users interested in digital value transaction, and the network through which the transaction happens. The completed digital value transaction is published on the communication device for the user to purchase gold.