David Dorr: Modernizing Gold For A Digital Age

• Palisades Gold Radio
  Tom welcomes a new guest to the show, David Dorr. David is the co-founder of CORO Global, a mobile application that combines gold with secure digital payment technology. David discusses his background in finances and how it ties nicely with the services CORO provides. The pandemic accelerated the demand for digital payment services in 2020. Their service allows people to purchase gold as a digital asset and transmit that gold as money. He contrasts how paper money created a convenience factor over gold and why people today want better solutions than just paper. David outlines how they can improve, improve effectiveness, and the ease of compliance procedures. The benefits of distributed ledger technology include auditing, transparency, resiliency, and settlement speed.
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  They focus on allocated gold with their customers tied to XAU for the value of their holdings. He explains the advantages of using Hashgraph technology to build a platform that allows for auditing and then optionally coupling it with a token or representation of wealth. He discusses some of the risks with crypto and severe concerns regarding Tether. David discusses where the US dollar may be heading and why there may not be many options left for government and central banks.
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  Talking Points From This Episode
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  – David’s background in financial markets.
  – Solving money transmission problems.
  – Gold and transmitting value to others.
  – Utilizing Hashgraph blockchain tech.
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  Time Stamp References:
  0:00 – Introduction
  0:34 – David’s Background
  3:34 – Modernizing Gold
  5:06 – Problems CORO Solves
  8:43 – Improving Compliance
  13:34 – CORO Overview
  15:15 – Plans for 2021
  16:24 – Gold & Blockchain Tech
  19:17 – Hashgraph System
  23:16 – Gold Vs. Bitcoin
  27:24 – Bitcoin Vs. Hashgraph
  30:59 – Digital Gold Standard?
  33:16 – Scaling
  34:40 – US Dollar Outlook
  38:36 – Self Education
  40:20 – Wrapup

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