The Digix DAO has a PoA (Proof of Asset) which secures the user as much as possible. This cryptographic asset provides tokenization of physical assets. The PoA makes perfect use of Ethereum while tracking assets, allowing for an open verification of the existence of any asset with no need of a centralized database. Digix offers an API as well which allows all other apps to be built on top of their service. DAO stands for Decentralised Autonomous Organisation – companies that are written in code. They can perform specific functions with the token holders. Those holders have voting rights, according to the tokens they possess. Digix DAO gives the user rights to profits while trading with DGX. Holders own rights to gold that is stored for them in Singapore, thus getting paid when gold is being exchanged. Each DGX equals 1g of gold. The DGX tokens are held in an Ethereum Wallet.