Our Story

At Coro, we believe that gold is not just our past, it’s our future. We believe that gold has the ability to stabilize the global financial system and unlock massive economic and environmental potential.

 

Currencies across the world fluctuate across days, minutes, and even seconds. Governments manipulate currencies in order to gain an economic advantage in the global marketplace. One of the many ways governments manipulate currencies is by printing more money, which leads to devaluation, higher costs of living and erodes people’s hard-earned savings. This is the issue with traditional currency; without a physical value attached, paper money throughout the world is just that – paper. The current financial system causes enormous inequality of financial opportunities as well as environmental degradation.

The system is built on the logic of continuous growth which is killing the environment. If we don’t keep the global economy growing it plunges into crisis. We have to double the size of the economy every 20 years, just to stay afloat. Is simply unsustainable – the appetite for growth is infinite and the planetary resources are finite.Climate change, deforestation, desertification, and mass extinction are the results of our over consumption of the natural world. 

At Coro, we believe that switching to Gold is part of the solution to bring more stability, fairness and sustainability into the global financial system and beyond.

Reverting to a gold-based system is about more than just fixing a broken system, it’s about enabling a healthier and more robust future. 

Coro is built on a private decentralized network which provides unprecedented speed, stability, and security in all financial transactions. Our tech is based on the “hashgraph” distributed ledger technology (DLT) – a system which is much faster, more secure and has a higher degree of accuracy than other technologies available on the market (see further down for the techie details). 

Gold

The Timeless Value of Gold
Advanced Technology
Enduring Resource
The Timeless Value of Gold

The Timeless Value of Gold

There is arguably no more valuable metal in human history than gold. From the ancient Egyptians to today, gold has maintained its place of value in society, contributing to trade and economic development across the ages. Despite modern economies leaving the gold standard behind in the aftermath of WWII, it remains one of the most sought after commodities in the world. It is the metal that humanity falls back on when other forms of money don’t work. Gold will always be here and it will always have value.


Advanced Technology

Advanced Technology

Thanks to constant demand, gold remains one of the most liquid alternative assets in the world. It is universally accepted, transcending governments and borders. This makes it perfect for Coro’s hasgraph-based distributed ledger technology. By combining world-class security, speed, and stability with the everlasting allure of gold, Coro harnesses the power of technology to make financial transactions seamless and secure, all with the powerful backing of physical gold.
Enduring Resource

An Enduring Resource

Inspired by gold’s natural beauty and its historical significance to economic opportunity and development, Coro set out to create a payment ecosystem that is powerful, agile, and more secure than current payment systems. A payment ecosystem such as ours connects people and institutions all over the world, allowing them to exchange money at any time, in any place. With the backing of gold, Coro is determined to contribute to a more equitative and sustainable future by pursuing a financial system built on the shoulders of a physical resource, limiting the paper-printing tendencies of today’s economies.

Technology

Coro is built on a cutting-edge distributed ledger technology (DLT) (a type of data system built on a synchronized network) called hashgraph. While much of the world is familiar with a different DLT called blockchain, hashgraph ushers in a new DLT era by being faster and more secure than blockchain. Major blockchain-based networks like bitcoin and ethereum are slow, consume enormous amounts of energy, and are vulnerable to attack. Coro offers something different, something better.

Here are the technical details: hashgraph uses a mathematical approach called directed acyclic graph (DAG) that allows transactions to process in parallel, rather than linearly. This approach increases the speed at which transactions are processed, reducing errors and improving the integrity of transactions. By building Coro on cutting-edge technology, we’re able to create a payment ecosystem that is ready for the future.

Speed

With the ability to process up to 500,000 transactions per second, hashgraph is one of the fastest DLTs known to humankind. For perspective, Visa currently handles 35,000 transactions per second while Bitcoin and Ethereum are capable of processing 10. Hashgraph’s speed prepares us for the future with enormous potential.

Security

Not only is hashgraph faster than other payment networks, but it’s more secure. Hashgraph is mathematically proven to achieve the highest security standard in the world for consensus algorithms (the system powering DLTs), called asynchronous Byzantine Fault Tolerance (aBFT). This is the technical way of saying that Coro is built on one of the most secure forms of transaction technology on this planet. We purposefully designed Coro this way in order to ensure the strongest protection against cyberattacks.

Our Pricing

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Transactions

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Transactions
Creating your account Free
Get a UK account number and sort code Free
Get a U.S. routing and wiring number Free
Get a European IBAN Free
Convert currencies 0.33%-3.56%
Exchange
TransferWise debit Mastercard® Free
Spend in currencies in your account Free
Convert a currency using your card 0.33%-3.56%
ATM withdrawals up to £200 / 30 days Free
ATM withdrawals over £200 / 30 days 2%

Exchange

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal.

Storage

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal.

Storage
Creating your account Free
Get a UK account number and sort code Free
Get a U.S. routing and wiring number Free
Get a European IBAN Free
Convert currencies 0.33%-3.56%

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