Fintech companies digital gold that has stood in the year 2016, DinarDirham the more resounding growth this year. On this platform, the DinarDirham became a digitalization of gold by using smart contract. Inside the trains, smart contract named Gold Smart Contracts (GSC).
Specifically, the smart contract is acting as a binder over the entity of pure gold. DinarCoin (DNC), is a token that can be traded, as well as dollars can be used to purchase a Smart Gold Contract. It is built upon the DNC token ERC20 standard ethereum.
The question
Do lets make digitizing a physical entity and is real gold? Of course, the blockchain allows it to be done. Physical gold commodities certainly will be tough enough to be able to deal instantly. When there's a smart contract that can bind the physical entity, then the selling activities of purchasing becomes much easier and practical.
Smart Contract allows to create any kind of digital versions of its commodity. Token DinarDirham at the DNC, acting as a digital entity. The ratio of value to 1 DNC equivalent of 4.25 grams of gold 999.99%.
Then the owner lived just token using DNC for buying Gold Smart Contract from DinarDirham. So with Smart Gold Contracts, owners can exchange into physical gold bullion in some specific location.
Whether the DNC could be stored?
Yes, of course. Users can use the wallet from DinarDirham which can be downloaded free at PlayStore. Not only is the wallet for the DNC and the GSC (Gold Smart Contract), Wallets that can also be used multi function a few others, such as Crypto, Ethereum, Bitcoin and also Zcash.
DinarDirham platform ecosystem is indeed quite markedly. One of these is, that the DinarDirham also build partnerships along the Golden Serenity Ltd. with platforms ETPS. Estimated Time Pool Sharing or ETPS is basically become an ecosystem the speculators to physical transactions in gold.
Basically, ETPS applies equally as with trading platform in General. With the sharing pool pattern, ETPS can generate some source of income, because in it there are some functions that are executed, both in general trading with MT4 platform, polling in the other ICO projects, trade the DNC and GSC, for up to the ecosystem and the ETH Zcash mining.
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Regards: Ari76
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