Ixinium

Background of the Ixinium vision is based on over 4 years of studies of fiat currencies, bank instruments, trading, market making, banking world overall, and cryptocurrencies. In these studies, the primary focus was to find questions of “why” regarding the safety of the clients’ investments, transparency for the clients, protection of clients, and structure of the asset values behind the actual product. These studies showed us that in many cases, words like transparency and clients’ investment safety were fully set on the side or even non-existing. After pointing out several issues, Project Ixinium started to have a base structure of what is missing from the market and how it should work. While Ixinium, a crypto-financial hybrid, has a better client asset protection mechanism than any bank in the world can offer, usage of Ixinium cryptocurrency also creates value benefits to all of its users, while being insured for full value. The vision of Ixinium is to deliver decentralized and transparent assetbacked cryptocurrency, which is fully insured for replacement value. With the evolution of blockchain, transparency can be taken to the bottom levels. Price volatility, limiting cryptocurrencies holder’s desire to be used as a tender, is minimized in Ixinium.

We did what we was planning to do!
Primary elements of Ixinium XXA are:
• Backed only with physical precious metals.
• All precious metals are vaulted and secured.
• Daily public asset account value reporting.
• 3th party public asset account auditing quarterly.
• All Ixinium Foundation’s precious metal holdings are
100% insured for replacement value.
• Built in ultra fast Stellar network
• Works on iOS, Android, macOS, Windows and Linux

FIAT CURRENCY PROBLEMS

Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver. The value of fiat money is  derived from the relationship between supply and demand and the stability of the issuing government, rather than the worth of a commodity backing it. Most modern paper currencies are fiat currencies.
Historically, governments would mint coins out of a valuable physical commodity, such as gold or silver, or print paper money that could be redeemed for a set amount of a physical commodity. Fiat Money Is Inconvertible And Cannot Be Redeemed.
Because fiat money is not linked to physical reserves, such as a national stockpile of gold or silver, it risks losing value due to inflation or even becoming worthless in the event of hyperinflation. If people lose faith in a nation’s currency, the money will no longer hold value. That differs from currency backed by gold, for example; it has intrinsic value because of the demand for gold in jewelry and decoration as well as the manufacture of electronic devices, computers, and aerospace vehicles.
Earlier in U.S. history, the country’s currency was backed by gold (and in some cases, silver). The federal government stopped allowing citizens to exchange currency for government gold with the passage of the Emergency Banking Act of 1933. The gold standard, which backed U.S. currency with federal gold, ended completely in 1971 when the United States also stopped issuing gold to foreign governments in exchange for
U.S. currency