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msap100
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July 26, 2019, 06:26:55 PM |
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"diamDEXX, a stablecoin that supports truly valuable digital money, aligns its token price with U.S. dollars, and it backs those finances with diamonds. Offering both a stablecoin and a wallet service, diamDEXX acts as a store of value and a medium of exchange for unbanked mobile users around the world, Africa especially." Taken from the article - Facebook’s Libra Highlights Crypto’s Most Compelling Use Case Read the full article at - https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/Follow us in social media to support our project! 🔷❤
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msap100
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July 29, 2019, 06:58:44 PM |
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"The diamDEXX project is being spearheaded by some notable team members, including the 2010 Nobel Prize in Economics joint winner Sir Christopher Pissarides, as well as former Cyprus permanent secretary of ministries Michael Constantinides. While diamonds are often associated exclusively with the jewel trade, it is important to note that the commodity has a number of other real-world use cases - especially in the industrial sectors. As such, Bain & Company has said that the demand for diamonds will surpass its supply by the end of 2020, further highlighting its characteristics as a store of value." Taken from the article - Can Stablecoins Provide Africa With a Gateway to Economic Stability? Read the full article at - https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stabilityFollow us in social media to support our project! 🔷❤
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msap100
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July 30, 2019, 05:58:59 PM |
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"Citizens based in third-world countries that are looking to avoid the domestic threats of hyper-inflated currencies should consider the merits of Bitcoin. It’s characteristics as a finite, borderless store of value makes it an ideal safeguard. Alternatively, there are now a number of legitimate stablecoin projects that are fully backed by real-world stores of value. For example, diamDEXX is backed 100% by physical diamonds that are frequently audited by established third parties. The options for third-world citizens are effectively endless, with stablecoins even having the potential to be backed by real estate portfolios." Taken from the article - Will Facebook Coin Actually Be Able To Bank The Unbanked? Read the full article at - https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbankedFollow us in social media to support our project! 🔷❤
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BlinkInDie
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July 31, 2019, 05:57:31 AM |
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"The crypto community seems to constantly miss the point that in 2019, with stablecoins, IEOs, and STOs leading the market, regulations are key: As a crypto project (check out our new website, diamDEXX.com), we can assure you that compliance should be the first thing in the mind of anyone willing to attract investors." Taken from our article - Are the Winklevoss Twins the Leaders the Crypto World Needs Right Now? Read the full article at - https://medium.com/@diamDEXX/are-the-winklevoss-twins-the-leaders-the-crypto-world-needs-right-now-3ad0c84c958aand follow us in social media to support our project! 🔷❤ Agree, the twins really have good intentions with cryptocurrency and is helping a lot in terms of its progress and mass adoption. Good read from the article.
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msap100
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July 31, 2019, 05:02:50 PM |
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"The main concept of Facebook’s Libra launch is to remove the barriers associated with accessing the global monetary system - especially for those based in emerging and third-world economies. To achieve this, the Libra coin will act as stablecoin, which will be fully backed by a basket of major currencies and government securities (such as Treasury Notes). However, although the Libra project is not expected to launch until 2020, Facebook has already caught the attention of U.S. regulators. Just a day after the project announcement, the Senate Banking Committee announced that it would be holding a crucial hearing on July 16th to determine the risks of the project." Taken from the article - Will Facebook Coin Actually Be Able To Bank The Unbanked? Read the full article at - https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbankedFollow us in social media to support our project! 🔷❤
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msap100
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August 01, 2019, 11:50:37 AM |
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"Stablecoins backed by assets besides fiat and cryptocurrencies are still a rarity, but perhaps diamDEXX will buck the trend. The company’s DIAM token is backed by real-world diamonds but pegged to the US dollar. Over the long term, it’s possible or even likely that diamonds could prove to be more stable than fiat currency, given the tendency for boom-and-bust economic cycles to repeat themselves. diamDEXX diamond reserves are fully audited by IDEX, International Diamond Exchange, which is an independent third party. The company is also taking active steps to maintain transparency by observing the Kimberley Protocol. This requires that diamonds are certified as sourced from a region that’s free of conflicts and insurgency." Taken from the article - Top 5 Stablecoins to Look Out For Read the full article at - https://coingape.com/top-5-stablecoins-look/Follow us in social media to support our project! 🔷❤
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msap100
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August 02, 2019, 03:30:55 PM |
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"DIAM is known as a ‘stablecoin’, which essentially means that it is pegged to a stable asset. In this case, it is pegged to the price of 1 USD. In order to further protect the currency against the volatility and inflation of the USD, the coin can be exchanged for physical diamonds at any point in time. This means that the DIAM coin can be used as a safe store of value - especially when compared to local currencies." Taken from the article - How This Entrepreneur Wants To Connect Africa's Economy To The World Using Diamonds Read the full article at - https://www.entrepreneur.com/article/334888Follow us in social media to support our project! 🔷❤
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DarkStarFalls
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August 05, 2019, 02:08:55 PM |
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hey hi people check this out diamDEXC is doing something great
#diamdexx
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msap100
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August 05, 2019, 03:31:11 PM |
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"As diamDEXX CEO, Jeremy Dahan, said, “Facebook has billions of users who can, in a single day, become aware of digital currencies and their benefits. True, most of them won’t immediately begin learning about other cryptocurrencies, but it could definitely be the trigger for a wider adoption of cryptocurrencies.” Equipping the unbanked with the financial resources that they need and deserve is undoubtedly one of the most compelling use cases of any cryptocurrency, and stablecoins are positioned to provide that service." Taken from the article - Facebook’s Libra Highlights Crypto’s Most Compelling Use Case Read the full article at - https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/Follow us in social media to support our project! 🔷❤
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msap100
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August 06, 2019, 07:03:23 PM |
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"The United States Federal Reserve Board is planning to release a real-time payments and settlements service in order to boost the payments infrastructure in the country. A press release published on Aug. 5 reads that the Board of Governors of the Federal Reserve System has requested that Federal Reserve Banks develop a new interbank real-time settlement service to support faster payments in the U.S. The payment system is called FedNow and will purportedly launch in 2023 or 2024. By launching FedNow, the Fed aims to modernize the country's payment system with a real-time service that can transfer funds around the clock and on weekends and weekdays. The service will purportedly be available to both businesses and the general public." Taken from the article - US Federal Reserve Launching Payment System, Crypto Bulls Nonplussed Read the full article at - https://cointelegraph.com/news/us-federal-reserve-launching-payment-system-crypto-bulls-nonplussedFollow us in social media to support our project! 🔷❤
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msap100
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August 07, 2019, 05:34:23 PM |
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"Volatility has played an essential role in the usability of crypto. It’s basically the start of a vicious cycle that impacts cryptocurrency on all fronts – from regulations to the ways users interact with it. Companies, on their side, also don’t want to use and transact in unregulated assets that are also terribly volatile and can quickly put them in the red. It’s just not a wise way to do business." Taken from our article - DIAMOND-BACKED STABLECOIN CEO TALKS BLOCKCHAIN FOR STORING VALUE Read the full article at - https://bitcoinist.com/diamond-backed-stablecoin-ceo-talks-blockchain-for-storing-value/ and follow us in social media to support our project! 🔷❤
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