Kindly mention more details about the owner of this coin and the team involved . Where is this based and have you received any funding for this project?
Also since its new in the market you will have to keep btc as an escrow with one of the reputed members which will give confidence to the investors else it will be certainly not an attractive schemes for many of the users without escrow.
DinarDirham through its innovative products has received many awards and recognitions from countries around the globe especially in Asia, Europe and the Middle East. This achievement is a result of strong commitment from DinarDirham team as well as all the partners and providers to continuously develop the technology in our products. DinarDirham has received a great amount of positive feedbacks from customers in Asia who have started ordering and purchasing our DNC and 24K physical gold from our partners since early 2016. Here today, we would like to make an announcement on a number of significant issues regarding DinarDirham as well as a number of updates and latest information of our products.
DinarDirham in Brunei Darussalam
Recent news has reported that four of DinarDirham IBs (Introducing Brokers) of one of our products in Brunei market have been arrested in Brunei Darussalam for investigation purpose. They have been arrested for selling DNC in Brunei without appropriate license. However, all of them have now been released without any charges, while the investigation process is still ongoing. DinarDirham is taking this matter very seriously and our lawyers from Malaysia and Brunei are currently working on this issue to present and provide more information to Brunei authorities about DinarDirham activities. We are doing all we can to provide necessary information to Brunei authority in order to assist their investigation. For public’s information, there are official invoices to prove all trades and transactions done by these IBs as well as proof of ownership from their appointed IB representative. There is nobody in any country, including Brunei has reported as being scammed.
For acknowledgement, DNC is a digital asset used and produced from a new technology called Blockchain. It is a digital asset which until now has yet to be recognized as legal tender by any government in any country, just like bitcoin and ether. However, some advanced countries like Singapore and Switzerland has already taking bold and innovative decisions to regulate and foster innovations in Blockchain technologies. Companies which came out with new innovations, like Uber, are often called “disruptors”, for which misunderstanding and misinterpretations are common.
Confidence and understanding of our technology has enabled DNC to receive huge market recognition. We at DinarDirham believe that the best way for users to own gold is in digital form. Through our technology, people will now be able to use DNC to make payments and buy things by using DinarDirham VISA debit card, another new product that will be launched soon. Besides that, they can also redeem their DNC in the form of physical gold, which is certified in Malaysia.
Our products and technology belongs to a new field called, FinTech. Some countries have already started making new laws for FinTech and have recently launched Sandbox programs and some guidelines. FinTech, especially Blockchain and digital currency has not yet been regulated in any country because it is still new. Therefore, DinarDirham is always ready to cooperate with any agency in any country who is interested to gain further knowledge about the “disruptive products” that we have produced. We would love to let everyone know and realize that our products are not meant to compete with the conventional financial system, but instead it will be able to solve and widen the use of gold which until today there is no organization has been able to do it effectively. DinarDirham will continue producing innovative products and educating people on this new technology called Blockchain. We believe that one day this innovation will be accepted and used to solve daily economic problems. We have a vast amount of great testimonials from thousands of DNC’s purchasers in Thailand, Indonesia, Malaysia, Dubai, China and India.
ETPS Misunderstanding
ETPS is managed and created by Golden Serenity Limited, a registered company in Seychelles. There are a lot of misunderstandings regarding the cooperation between Golden Serenity Limited and DinarDirham. DinarDirham is registered in Hong Kong under the company name Gold Prime Technology Ltd. Gold Prime Technology Ltd is a technology and software provider for Golden Serenity Limited and that is the only link between these two companies since 12th December 2015. Both of these companies have agreed to a signed agreement, which terms and conditions are as follows:
1) Golden Serenity Limited is allowed to use the pricefeed of GOLD_1DINAR (DinarCoin) for ETPS Program.
2) Golden Serenity Limited is allowed to fully manage the pre-order process of DNC.
3) Golden Serenity Limited is not allowed to use DinarDirham’s brand name on marketing materials.
4) Golden Serenity Limited needs to report the total amount of DNC’s pre-order received on a monthly basis to Gold Prime Technology Ltd.
5) Gold Prime Technology Ltd will not be held responsible on the management and operations of ETPS Program by Golden Serenity Limited.
Below is the link to the agreement signed by both parties:
https://www.dinardirham.com/pdf/collaboration_agreement.pdfUniversal Bitcoin Wallet (UBW)
UBW will be launched in BETA on 25th November 2016 at 8.00pm (Hong Kong time zone)While waiting for the UBW to be launched in BETA, everyone can start registering now to obtain their own BTC and ETH address as well as DNC. However, transactions are not allowed until UBW BETA is launched. After launching, it will be running for 30 days to allow all members to do transaction and testing. All feedbacks and errors encountered in this version can be reported by email to
info@universalbitcoin.com. The BETA version of UBW is able to receive and transfer bitcoin as well as ether, just like the other crypto wallets in the market. The different is that DinarDirham’s wallet uses DNC which allow its users to store crypto in the form of gold, where DNC is minted based on the current gold price. After UBW is launched, we are able to provide 24 hours service for 24K gold trading in the form of DNC or Gold Smart Contract (GSC). Every DNC and GSC can be redeemed 1:1 to 24K physical gold at our Gold Liquidity Provider (GLP) by paying an amount of premium storage.
Please use this link to go to UBW wallet:
https://universalbitcoin.comPlease download the PDF below to know more about UBW:
https://www.dinardirham.com/pdf/ubw_wallet.pdfDinarCoin (DNC)
DNC is a product by DinarDirham which is 100% backed by gold. It uses MT4 platform technology for real-time hedging to the registered and regulated financial institutions. Every DNC circulated in the market is recorded publicly and decentralized using Ethereum Blockchain. By using public blockchain like Ethereum, it is impossible for anyone to manipulate the DNC, this includes DinarDirham. In DNC minting, there will be a number of processes which involve different parties to do verification in real-time and automatically on the technology provided by DinarDirham.
On 28th October 2016, DinarDirham has been awarded as the “Most Innovative Gold Fintech Provider” in Shenzhen, China among 38 other award receivers. This award is given by the organizer of the 10th China Forex Expo, which is the biggest forex expo held in China and has been attended by many experts and financial institutions such as DukaScopy Bank, i-Gold, UK Clearing House and UEM Berhad including 5,000 traders and investors from all over the world.
Below is the link to the presentation slides for China Forex Expo 2016:
https://www.dinardirham.com/pdf/shenzen.pdfBesides that, DinarDirham has recently been given an opportunity to do presentation at an event in London, Blockchain: Money on 6th November 2016. It is a huge event to introduce blockchain and has been attended by many experts and financial institutions such as Dubai Future Foundation (Dubai Government), Bitcoin.com, Smart Dubai, Synechron and HSBC Bank.
The CTO of DinarDirham, Arai Ezzra (FB: Arai bin Ezzra) did a presentation on “Understanding Southeast Asia Market”, which has attracted a number of companies in London to cooperate with DinarDirham in marketing our products in their markets. DinarDirham has also had some discussions with potential companies in London which have their own blockchain products to start entering the Southeast Asia market and cooperating with DinarDirham in 2017.
Below is the link to the presentation slides for London event:
https://www.dinardirham.com/pdf/london.pdfDinarDirham has received many awards and recognitions from global experts and conventional banks around the world for our achievements in FinTech by combining Blockchain and gold assets as well as conventional gold paper contract offered by licensed financial institutions who act as Liquidity Provider for our DNC. DNC allows users to store gold with security and confidence.
Recently, the Singapore Fintech Festival, which is the biggest event for Fintech in Asia, was held on 16th November 2016. The festival was attended by around 11,000 participants from more than 50 countries. DinarDirham was given a great opportunity to be at the event to showcase our products by setting up a booth. There was also a 45 minutes presentation by the CTO of DinarDirham during the “open mic theatre” session.
Here is his presentation slides titled “DinarDirham: Blockchain Solutions for Gold”:
https://www.dinardirham.com/pdf/slidesingapore.pdfFor the time being, DNC by DinarDirham is still in BETA version for 30 days. All transactions can be referred in the third party blockchain explorer through Ethereum here:
https://etherscan.io/…/0x016dcbef5fa51f354064d505288f3908d8… (currently under development)
DinarDirham Physical Gold
DinarDirham has produced a collection of physical gold using our own brand. We cooperate with a number of gold providers which include Triple 9 and Harimau Mint from Malaysia, and Metals Bullion Ltd from Dubai. Our physical gold is of 24K quality and fineness of 999.9 and is certified by accredited assayer. We encourage our members to keep them as digital asset backed by gold which hold the exact same characteristics as gold such as anti-inflation and can be used to buy things.
For more information on our physical gold collection, please refer brochure below:
https://www.dinardirham.com/pdf/brochure.pdfVault Locations
Gold Prime Technology Ltd has built partnership with a number of Gold Liquidity Provider (GLP) to handle the purchase and buyback process of dinar and physical gold. The trading of DinarDirham’s physical gold by GLP is according to current gold price as shown in:
https://www.dinardirham.com/mt4price/ .
All of our physical gold at the GLP are of 24K quality and fineness of 999.9 and is certified by accredited assayer. Other brands at the GLP that can be traded are only for those which are LBMA certified.
Please refer below for purchase/buyback/redeem process:
1) DinarDirham Hong Kong Gold Boutique:
Address: Canton Road, Tsim Sha Tsui
Tel: +85258081478
Email:
admin@dinardirham.comService:
– Purchase/buyback DNC & GSC.
– Purchase/buyback BTC & ETH
– Buyback 24k physical gold (any brand)
2) DinarDirham Singapore Gold Boutique:
Address: Singapore Gallery
Tel: +6566323502
Email:
ddsingapore@dinardirham.comService:
– Purchase/buyback DNC & GSC.
– Purchase/buyback BTC & ETH
– Buyback 24k physical gold (any brand)
3) Kuala Lumpur Gold Gallery DinarDirham Koperasi Berhad
Address: Prima Sri Gombak, Selangor
Tel: +60361780034
Email:
kodinar@coopdinardirham.comService:
– Purchase/buyback/redeem DNC & GSC.
– Purchase/buyback BTC & ETH
– Purchase/buyback LBMA certified physical gold bar.
– Buyback 24k physical gold (any brand)
4) DinarDirham Thailand Bangkok Gold Gallery
Address: Kai Tuk Building, Popula Rd
Tel: +66880224789
Email:
ddbangkok@dinardirham.comService:
– Purchase/buyback DNC & GSC.
– Purchase/buyback BTC & ETH
– Buyback 24k physical gold (any brand)
DinarDirham Communication Channels
DinarDirham has its own communication channel to allow all members to get the latest information and updates. All members are recommended to participate in giving their testimonies and involve in the forums provided. Below are some of the communication channels that can be used:
1) WeChat: DinarDirhamcom
2) Telegram: dinardirham
3) Twitter: DinarDirham
4) Facebook: DinarDirham
5) Slack: dinardirham-group.slack.com
6) Blog: dinardirham.com/blog
DinarDirham has also provided some references for the public. Please download and read through the links below:
1) DinarDirham Whitepaper:
https://www.dinardirham.com/assets/pdf/whitepaper.pdf2) DinarDirham Technology:
https://www.dinardirham.com/pdf/technology_dd.pdf3) DinarDirham Blog:
http://dinardirham.com/blog/4) Company Profile:
https://www.dinardirham.com/pdf/company_profile.pdf18th November 2016
DinarDirham Management Team and Partners.
– Innovation Creates Future –
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