NEW YORK CITY, USA – January 14, 2019 – DUSD has officially launched at World Blockchain Forum Shenzhen Technology Conference on January 11th. The official website of DUSD is DUSD.com.
Digital USD is the first decentralized US Dollar stablecoin in the world. Issued by Digital USD, LLC, a digital currency company located in Wall Street, New York, DUSD is regulated by US laws and regulations, and is dedicated to build basic infrastructure for the future digital world. The mission of DUSD is to link the world of real assets and digital assets, to energize the global economy and to value the assets with redesigned standards.
“Blockchain and Fintech are the two most important business opportunities with greatest potential for growth in the next decade,” DUSD Founder Zhao Sheng said. “And stablecoin stands as the basic infrastructure for the Fintech world. It provides an opportunity for the transformation and upgrade of digital currency.”
Stability
DUSD is designed to stabilize the price of cryptocurrency by providing a system that only authorized users are allowed to manage its financial strategy. It offers a Proof of Authority (POA) system to build a user-based, dynamic cryptocurrency system and it will not be impacted by external financial system.
In the meanwhile, DUSD will be driven by AI and supported by Ethereum underlying system, to balance the carrying capacity and scalability of finance and technology. It will apply ObeliskToken Algorithm to maintain token security and Turing completeness, as well as realize extendibility and zero tolerance rates.
DUSD has an exchange rate of 1:1 to the US Dollars. As a digital currency that originated in Wall Street, New York, it is registered and authorized through New York State government. DUSD sets goals to protect interests of its holders against fraud and money laundering through anti-money laundering (AML) compliance programs.
Independence
DUSD will be completely independent and fully audited by a third-party institution at regular intervals. The primary principle of DUSD is to never never handle client’s funds directly. All the clients’ assets will be deposited in an escrow account, to ensure that the primary principle is always followed. DUSD uses artificial contracts to release publicly audit results; ensuring safety and transparency of its operations.
DUSD has officially launched at World Blockchain Forum Shenzhen Technology Conference on January 11th. Confirmed guests for the launch include DUSD Founder Zhao Sheng, Bitbeta CTO Ronald, WBF Korean Partner Wu Cailian, WBF Exchange CEO Alvin B. Maala, Polymath Advisor Aly Madhavji, and WBF NY Co-Founder Raindy Deng. DUSD Founder Zhao Sheng gave an insightful keynote speech into blockchain technology, stablecoin and their applications.
Keep an eye on our social media channels and official website, DUSD.com, to get all the first hand details and reports.
If you want DUSD or want more information, please contact Will Ren for more information:
Email: [email protected]
Telephone: +1(929)-500-5784
Media ContactCompany Name: DUSD Contact Person: Will RenEmail: Send EmailCity: ShanghaiCountry: ChinaWebsite: http://wbf.io/portfolio/shenzhen/
