Since 2017, blockchain assets have been developing at home and abroad. According to data from coinmarket.com, the total market value of blockchain assets in 2017 was approximately USD 600 billion. Although there is a huge gap between the value of digital assets and the global market value of gold and common stock, digital assets are already 20 times the value of the previous three years.
Although many enthusiasts predict that the market value of blockchain assets may decline, based on the huge gap between blockchain assets and the market value of gold and common shares, they are still convinced that the long-term direction of digital assets needs Regulatory compliance to ensure further development. However, for many current digital asset holders, during the period when the value of blockchain assets is increasing, certain digital assets are locked into smart contracts to obtain liquidity for part of their funds. This needed liquidity makes daily shopping, tourism and other consumption possible. We can enjoy the added value brought about by the rise of digital assets, and this kind of demand is constantly expanding.
Recently, the Digital Assets Guarantee Token (DAGT) project (
www.dagt.io) was launched by a non-profit foundation in Singapore (Granddream), to solve this problem for digital asset holders. DAGT utilizes Ethereum and smart contract technologies to successfully create the first decentralized digital asset credit platform. On the one hand, the digital asset holders who meet the capital requirements are connected with qualified financial institutions who lend money. When digital asset holders have funding needs, they can use DAGT to lock their own digital assets into smart contracts. In the meantime, DAGT will issue corresponding credit qualifications. The cooperative lending institutions will provide appropriate financial services based on the credit qualifications.
Adopting the features of blockchain technology, DAGT has created a decentralized, transparent, tamper-proof, and distributed credit system. Through the distributed ledger, features such as asset transfer and storage are established. DAGT has redefined the value of the borrower's digital assets. Meanwhile, built on the transparent and open smart contract of the Ethereum platform, DAGT, and financial institutions will realize the concept of decentralization and achieve a multi-win-win goal.
The year 2018 is the outbreak of blockchain technology. The application scenarios of blockchain technology in various industries will be “emerging”. The future of network security, securities trading, insurance, and logistics will all employ blockchain technology to completely subvert traditional business models. DAGT applies blockchain technology to the digital asset credit field and establishes a trusted distributed credit system with transparent information, efficient collaboration, and high-speed digital asset value transfer through blockchain technology and smart contracts. Digital asset holders can enjoy the added value of blockchain assets while gaining liquidity of their funds.
Follow us on Twitter:
https://twitter.com/DAGTofficialFollow us on Facebook:
https://www.facebook.com/DAGTofficial/Follow us on LinkedIn:
https://www.linkedin.com/company/dagt-offical-page/Join us on Telegram:
https://t.me/DAGTofficial
