To keep up with the countryâs mounting gold reserves, the United States Bullion Depository opened at the Fort Knox U.S. Army Garrison in Kentucky in 1937. The first shipment of gold arrived from Philadelphia in trains surrounded by military troops.
LEOcoin is an established digital currency that allows individuals to make fast and secure transactions through a decentralised peer-to-peer network. It's digital cash and works without the need for bank or transfer fees.
The company is also creating its own LEOCoin exchange, where users can trade it for fiat currency, as well as a point-of-sale device. Anderson also suggests that LEO will be used to incentivize the promotion of its other products and services.