TECHNOLOGY BEHIND DINARDIRHAM · latest technology to insure decentralization of backup ......

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TECHNOLOGY BEHIND DINARDIRHAM www.dinardirham.com

Transcript of TECHNOLOGY BEHIND DINARDIRHAM · latest technology to insure decentralization of backup ......

TECHNOLOGY BEHIND DINARDIRHAM

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www.dinardirham.com

A blockchain is a type of distributed ledger,

comprised of unchangable, digitally

recorded data in packages calledblocks.

These digitally recorded "blocks" of data is

stored in a linear chain. Each block in the chain

contains data), is cryptographically

hashed.

The blocks of hashed data draw upon the

previous-block (which came before it) in the

chain, ensuring all data in the overall "blockchain" has not been tampered

with and remains unchanged.

What is BLOCKCHAIN?

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Centralized

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Decentralized

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Distributed

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Potential Applications

AUTOMOTIVE Manage fractional

ownership

Financial Services Faster, cheaper

settlements

Voting Resulting in immediately

verifiable results

Healthcare Patients’ encrypted health information

PAYMENT Micro payment, tax filling & collection

MEDIA Digital right

management, Ticket purchase

INSURANCE Claim fillings, claim processing & admin

DINARDIRHAM PRODUCT

DINARDIRHAM WALLET

DINAR COIN GOLD SMART

CONTRACT

DINARDIRHAM

PHYSICAL GOLD 999.9

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At present time DinarDirham is ventures of fintech blockchain development startup company and forex broker that is fanatically working to digitalize investment grade gold holdings into blockchain concept. We use our 10 years of FOREX TRADING PLATFORM development expertise to create one of the first 100% gold backed decentralized crypto tokens on blockchain. By design, DinarDirham DOES NOT hold or control either gold or DinarCoin or Gold Smart Contract holdings. All gold/fiat assets used to issue in DinarDirham will be bridge 100% transparently to the liquidity provider using latest technology to insure decentralization of backup holdings.

About DinarDirham

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A crypto asset, created on the Ethereum blockchain, against the purchase of a gold spot contract (XAU) from Liquidity Provider. A client can procure DinarCoin from a holder of DinarCoin on the open market, or can procure freshly minted new DinarCoin from DinarDirham DECENTRALIZED WALLET.

DINARDIRHAM

WALLET

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A crypto asset, created on the Ethereum blockchain, against the purchase of a gold spot contract (XAU) from Liquidity Provider. A client can procure DinarCoin from a holder of DinarCoin on the open market, or can procure freshly minted new DinarCoin from DinarDirham.

DINAR COIN

Minting Dinar Coin (DNC)

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F i a t

D i n a r D i r h a m Wa l l e t (Universal Bitcoin Wallet)

L i q u i d i t y P r o v i d e r

• License Financial Institution

(Saba Capital)

• License Gold Provider

(ABX) M a r k e t

Re c o rd e d P u b l i c B l o c kc h a i n (Ethereum)

D i n a r C o i n (DNC)

M i n t i n g (Ledger)

Hedging 1:1 real time (Open order) Maker

Taker

Blockchain Based Currency • Ethereum, Bitcoin, Z

Cash

Burning Dinar Coin (DNC)

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D i n a r C o i n (DNC)

D i n a r D i r h a m Wa l l e t (Universal Bitcoin Wallet)

L i q u i d i t y P r o v i d e r • License Financial

Institution (Saba Capital) • License Gold Provider (ABX)

Hedging 1:1 real time (Close order)

M a r k e t

Maker

Taker

B u r n i n g (Ledger)

R e c o r d e d P u b l i c B l o c k c h a i n (Ethereum)

B i t c o i n

E t h e r e u m

AT M M a c h i n e

D e b i t C a r d

P h y s i c a l G o l d

Z C a s h

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A crypto asset, created on the Ethereum blockchain, against the purchase of a gold spot contract (XAU) from Liquidity Provider. A client can procure DinarCoin from a holder of DinarCoin on the open market, or can procure freshly minted new DinarCoin from DinarDirham.

GOLD SMART

CONTRACT

Minting Gold Smart Contract (GSC)

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F i a t

D i n a r D i r h a m Wa l l e t (Universal Bitcoin Wallet)

L i q u i d i t y P r o v i d e r

• License Financial Institution

(Saba Capital)

• License Gold Provider

(ABX) M a r k e t

Re c o rd e d P u b l i c B l o c kc h a i n (Ethereum)

M i n t i n g (Ledger)

Hedging 1:1 real time (Open order) Maker

Taker

Blockchain Based Currency • Ethereum, Bitcoin, Z

Cash

G o l d S m a r t C o n t r a c t (GSC)

Burning Gold Smart Contract (GSC)

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D i n a r D i r h a m Wa l l e t (Universal Bitcoin Wallet)

L i q u i d i t y P r o v i d e r • License Financial

Institution (Saba Capital) • License Gold Provider (ABX)

Hedging 1:1 real time (Close order)

M a r k e t

Maker

Taker

B u r n i n g (Ledger)

R e c o r d e d P u b l i c B l o c k c h a i n (Ethereum)

B i t c o i n

E t h e r e u m

AT M M a c h i n e

D e b i t C a r d

P h y s i c a l G o l d

Z C a s h

G o l d S m a r t C o n t r a c t (GSC)

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DNC & GSC Liquidity Provider Price Feed

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Allocated Bullion Exchange (ABX) is the world’s leading electronic institutional exchange for allocated physical precious metals. The ABX brings global trading, price discovery and clearing facilities into one standardized and secure online trading environment via our groundbreaking exchange trading platform, MetalDesk.

About Allocated Bullion Exchange ABX

GSC Custody Vault Location

About Koperasi DinarDirham Berhad

Koperasi Dinar Dirham Berhad is the first co-operative

in the world that uses Blockchain Technology to

manage our members’ accounts as well as providing a

high-tech digital wallet.

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ISTANBUL

LONDON

ZURICH

DUBAI

HONG KONG

SINGAPORE

SYDNEY

BANGKOK

ABX

SHANGHAI

AUCKLAND PERTH

ADELAIDE

MELBOURNE

BRISNANE

Vault & Delivery Locations

MALAYSIA

NEW YORK

KOPERASI DINARDIRHAM BHD

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Each physical gold can be referred the price real time from website www.dinardirham.com and the price is fluctuating based on the real time world gold price.

DINARDIRHAM

PHYSICAL GOLD 999.9

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FIRST EDITON SECOND EDITION 1 GRAM EDITION THIRD EDITION