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Author Topic: [ANN] DinarDirham - A Gold Backed Digital Currency  (Read 8254 times)
Viceroy (OP)
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December 09, 2016, 07:27:05 AM
Last edit: December 15, 2016, 08:47:03 PM by Viceroy
 #1









DinarDirham is a global FinTech company registered in Hong Kong, with research and development office in Singapore and Kuala Lumpur, providing technology and solutions for blockchain and gold industries.


We’re an Ethereum-based platform, linking our digital currency (DinarCoin) to physical gold through our innovative technology, fixing the volatility problem in digital currency space and helping users who seek more stability to store their wealth. We also offer a number of other products for our users, including Gold Smart Contracts, DinarDirham Physical Gold, and our upcoming DinarDirham wallet - which will be able to hold and use bitcoin, ether, DinarCoin, and Gold Smart Contracts, as well as offer an investment option to users and serve as a trading platform.


https://youtu.be/_7s0mfAemUw


Why should I use Dinar Dirham?


The real question is… why shouldn’t you use DinarDirham… we can’t think of a good answer to this question. On a more serious note:


  • If you’re a person that’s looking to use digital currencies but are worried about the price instability that often accompany these currencies, then DinarCoin is for you, it’s a stable digital currency, backed by real, physical gold.
  • If you’re a person who’s tired of the inflation rate on your fiat paper money, but don’t know how to get into precious metals, then DinarDirham is for you, you’ll be able to get paid in and use real digital gold. It’s much more stable than those fiat bills you use all the time, and you won’t have to go through the trouble of acquiring, storing, and protecting physical gold if you don’t want to (though you can do that with our system as well).
  • If you’re a person that’s interested in precious metals, but are concerned with storage, security, and actually being able to use your metals as cash for purchases, then DinarDirham is for you. You can actually store, secure, and use your gold on the blockchain, and have the ease and convenience of not needing to have it on your person, and accessing it worldwide in minutes.
  • If you enjoy Trading and Forex, then DinarDirham is for you, you’ll be able to do that with our DinarDirham wallet.


Our motto:
“Innovation Creates Future”.



DinarDirham’s mission is to enable people to make wise investment decisions by providing them with safe assets in a transparent and decentralized environment.



DinarCoin (DNC)
-Ethereum Gold Backed Asset-
  • *DinarCoin is DinarDirham's digital currency, created on the Ethereum blockchain, being equal to a gold spot contract (XAU) from our regulated forex liquidity providers.
  • The total amount of DinarCoin in circulation can be verified on blockchain or checking the XAU held in escrow at regulated forex liquidity providers.
  • Every DinarCoin is pegged to real, physical gold, so the risk of inflation is eliminated. We are working hard to make DinarCoin to be the perfect currency: spendable, anonymous, theft resistant, open source, non-counterfeitable, durable, inflation proof, decentralized and scarce. Users can trade DinarCoin, convert it into real money(dollars, euro, etc), real physical gold or use it as payments at certain merchants. This is the beginning of a new era of global currencies.
(Note: the risk of inflation is not eliminated, as the price of gold  itself can be inflated and manipulated by the markets. It is greatly hedged however).


Gold Smart Contracts (GSC)
-Ethereum Physical Gold Smart Contract-
  • *Gold Smart Contract consits of 5 products:
     Gold 1 Gram
     Gold 100 Gram
     Gold 1 kg
     Silver 100 oz
     Silver1 kg
  • Users can procure GSC from other traders using our platform, or can procure GSC from DinarDirham approved bullion providers.
  • Bullion providers can create new GSC upon payment for physical gold. Thus, the GSC created proves ownership of a quantity of bullion, which can be reedemed as physical bullion at any authorized bullion provider.
  • When a GSC is created it is registered on both the Ethereum blockchain and the Bitcoin blockchain and its existence can be verified on both blockchains.
  • Bullion held in vaults of the bullion providers can be audited anytime to verify the amount held by clients as GSC.


DinarDirham Physical Gold
-Certified By Assayer-
  • Gold Smart Contract is our feature that proves ownership of physical gold bullion.
  • Users can procure GSC from other traders using our platform, or can procure GSC from DinarDirham approved bullion providers.
  • Bullion providers can create new GSC upon payment for physical gold. Thus, the GSC created proves ownership of a quantity of bullion, which can be redeemed as physical bullion at any authorized bullion provider.
  • When a GSC is created it is registered on both the Ethereum blockchain and the Bitcoin blockchain, and its existence can be verified on both blockchains.
  • Bullion held in vaults of the bullion providers can be audited anytime to verify the amount held by clients as GSC.
DinarDirham Wallet
  • Easily make payments, monitor real-time price changes, get digital currency or gold and trade on our platform.
  • DinarCoin, BitCoin, Ethereum, GSC & ZCash that connect directly to the blockchain with exchange system right in your wallet.


MT4 Metals Futures Markets
Partnership with regulated licensing Money broker company
  • *Mini Account
    • 1:500 leverage for trading Forex mini instruments
    • Minimum deposit: USD10
    • Bitcoin & DinarCoin deposit and withdrawals along with other payment methods
    • Fixed spreads
    • 10% welcome bonus
    • 5 levels rebate for introducer
  • STP Account
    • 1:100 leverage for trading Forex STP instruments
    • Minimum deposit: USD 500
    • Bitcoin & DinarCoin deposit and withdrawals along with other payment methods
    • Spreads as low as 0.4 pips
    • Purely STP to Prime Broker


See Our:
Whitepaper:
English:
https://www.dinardirham.com/assets/pdf/whitepaper.pdf


Chinese:
https://www.dinardirham.com/assets/pdf/whitepaper_ch.pdf


Malay:
https://www.dinardirham.com/assets/pdf/whitepaper_bm.pdf




Technology:
https://dinardirham.com/tech.html


Security:
https://dinardirham.com/security.html


Our Partners and Technologies:


Our Technology and How We Work:


Partnerships
We’ve established close relationships with technology companies, prime brokers, digital currency and gold and precious metals investors around the world. All metals issued on our platform are bridged 100% in a transparent and automatic way to prime brokers and our liquidity providers, thus the DinarCoin value will be stable and pegged to the value of the real-time gold price.


Our record keeping technology
All issued DinarCoins, issued smart contracts, and transactions between users using blockchain will be transparent. Gold contract (XAU/USD) orders will be closed at our prime broker provider by burning the same amount of DinarCoin in our platform. All documents are certified by embedding SHA256 digest into the bitcoin blockchain, which makes it permanently certified. Using this method it's impossible to go back in time and modify any records, thus creating the basis for a permanent audit.


Issuing Procedure of Dinar Coins and Gold Smart Contracts
DinarCoins or Gold Smart Contracts bought in the DinarDirham platform will bridge buy orders in prime broker liquidity providers with 1:1 leverage and issue DinarCoins or Gold Smart Contracts based on the volume purchased. Such operations require multi-signatures of at least 3 different co-signers: DinarDirham, the investor, and the prime broker. All parties must independently confirm issuance of DinarCoins into the circulation system, hence making forced issuance practically impossible.


Circulation Notes
Once the DinarCoins and/or Gold Smart Contracts are issued by the above procedure, then the  DinarCoins and/or Gold Smart Contracts are available for transfer or exchange into any of the multiple assets. To make sure that a DinarCoin’s or a Gold Smart Contract’s value are pegged and following the worldwide gold spot price, DinarDirham will buy back all DinarCoins or Gold Smart Contracts, if requested by the holders. All DinarCoin or Gold Smart Contract order positions XAU/USD and withdrawals from our vaults will be transparently viewed by our users.


Slides, Images, Presentations:


Interviews and Articles:


DinarDirham in the News:


-Sneak Preview Leaders DinarDirham Wallet
-Devcon Two, Singapore
-The Future and Blockchain Technology, Conferance
-Keynote, Dubai
-2016 China Forex Expo
-Most Innovative Gold Fintech Provider Award




Check Our Blog For More Updates:

http://dinardirham.com/blog/






barabarian1
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December 09, 2016, 07:42:31 AM
 #2

any bounty?

btw i can translate to korean language if you want

just reserve me  Wink

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December 09, 2016, 07:54:16 AM
 #3

1:500 leverage for trading Forex mini instruments
Minimum deposit: USD10
Bitcoin & DinarCoin deposit and withdrawals along with other payment methods
Fixed spreads
10% welcome bonus
5 levels rebate for introducer  Roll Eyes
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December 09, 2016, 07:58:24 AM
 #4

what is this coin/dev from UEA?

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December 09, 2016, 09:24:32 AM
 #5

need info, how much total coin supply?
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December 09, 2016, 10:11:09 AM
 #6

I call some bullshit. I'll do more research and return shortly with my conclusion.
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December 09, 2016, 11:06:30 AM
 #7

where i can dinardirham trading use meta trader MT4
your mean your open broker service
where link your site i dinardirham trading, you can share link your broker

how much your produce coin, unlimited coin, because you not write total dinardirham coin
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December 09, 2016, 11:22:59 AM
 #8

where we can find the web for dinardirham trading this?
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December 09, 2016, 11:31:56 AM
 #9

seems like an great project, let me know if you need chinese translaion
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Arabic Translation. Pm me


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December 09, 2016, 12:04:08 PM
 #10

Cushty project Let me know if you need Arabic translation

---Looking for new Campaign---
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December 09, 2016, 12:20:21 PM
 #11

from youtube comment

Quote
DinarDirham keep copying our video from MidasRezerv... How many times I have to take you down for copyright violation? You people never stop, do you?

Let your customers know. If you can steal other people work, what will prevent you to take other people's gold?

can you explain that?
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December 09, 2016, 12:23:56 PM
 #12

OMG, here we go again with the GOLD story  Roll Eyes
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December 09, 2016, 12:40:36 PM
 #13

from youtube comment

Quote
DinarDirham keep copying our video from MidasRezerv... How many times I have to take you down for copyright violation? You people never stop, do you?

Let your customers know. If you can steal other people work, what will prevent you to take other people's gold?

can you explain that?
And the video is down due to copyright violation!! Move on people nothing to see here !!


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December 09, 2016, 11:59:23 PM
 #14

So my first impression was right. They are just liar scammers.
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December 10, 2016, 03:03:22 AM
 #15

Can any of the "Partners" verify that they are actually part of this project?
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December 10, 2016, 04:03:57 AM
 #16

any bounty?

btw i can translate to korean language if you want

just reserve me  Wink


Currently the bounty is not available yet. But keep an eye out Smiley

Thank you so much for your comment.

And thank you very much for you offer.

DinarDirham team.

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December 10, 2016, 04:44:11 AM
Last edit: October 04, 2017, 07:42:33 AM by DinarDirham
 #17

MASS ANSWERS Cheesy

Question:
"what is this coin/dev from UEA?"

Answer:
We are based in South East Asia Smiley



Question:
"need info, how much total coin supply?"

Answer:
Currently we are still in BETA, however our DNC token can be referred to in the third party Ethereum blockchain explorer: https://etherscan.io/token/0xac27d299e2c1106daf33bc0971b7b97b96287493



Question:
"I noticed your company names published in famous Asia financial portal : https://www.techinasia.com/talk/gold-stored-blockchains
May i know is your Ethereum token is ready? How to make sure the dnc token is on Ethereum blockchain??"

Answer:
I believe the answer above will answer your question.



Question:
"where i can dinardirham trading use meta trader MT4
your mean your open broker service
where link your site i dinardirham trading, you can share link your broker
how much your produce coin, unlimited coin, because you not write total dinardirham coin"

Answer:
You can visit our trading partners here:
http://www.sabacapitalinc.com/ Or see them on our main website via this link: https://dinardirham.com/#carousel

Currently we are still in BETA, however our DNC token can be referred to in the third party Ethereum blockchain explorer: https://etherscan.io/token/0xac27d299e2c1106daf33bc0971b7b97b96287493



Question:
"where we can find the web for dinardirham trading this?"

Answer:
You can visit our trading partners here:
http://www.sabacapitalinc.com/ Or see them on our main website via this link: https://dinardirham.com/#carousel



Questions:
"seems like an great project, let me know if you need chinese translaion"
"Cushty project Let me know if you need Arabic translation"

Answer:
Thank you for your offers Smiley



Thank you everyone,
Will get back to more answers as soon as we can.

DinarDirham team.
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December 10, 2016, 04:51:57 AM
 #18

so the DInar DIrham is pure token ? 100% premine ?
so what the special from premine coin ?

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December 10, 2016, 10:19:44 AM
 #19




Question:
"where we can find the web for dinardirham trading this?"

Answer:
You can visit our trading partners here:
http://www.sabacapitalinc.com/ Or see them on our main website via this link: https://dinardirham.com/#carousel






Thank you everyone,
Will get back to more answers as soon as we can.

DinarDirham team.
okay thanks for answering our questions. and whether there will be a campaign for this?

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December 10, 2016, 10:24:54 AM
 #20

This looks refreshingly different from some of the recent scams I have seen around the forum listed and will be keen to see further developments. Looking forward to seeing also if there is a blog review bounty going as well. That would be quite cool.


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