Tag: dinarcoin

Analysis – Gold And Blockchain Use In Malaysia

Malaysia is poised to achieve high-income status soon. A goal clearly stipulated in its vision for 2020. So far, it has the fourth largest economy in Southeast Asia and is ranked 38th in countries with the largest economies worldwide. With a population of about 32 million and an increasingly growing middle income class, Malaysia’s labor productivity is significantly higher than…

Malaysia and Fintech

The demand for FinTech (Financial Technology) has greatly grown in Malaysia, being fuelled by factors such as rapid adoption of technology, high internet penetration, and increased levels of mobile usage. The country’s conditions such as having a strong underlying market, a large population, and its B2C (Business to Consumer) business model has also offered great conditions for FinTech solution companies…

Structure Of The DinarCoin

In our pursuit to launch the DinarCoin token, we faced a huge number of hurdles, both technological and economical, but we came out successful in our endeavors. We finally and successfully create the gold and blockchain-based DinarCoin which is actually pegged to the worldwide gold spot-price. Many cryptocurrencies were (and still are) dealing with the effects of price volatility and…

Why We Use Multi-Tiered, Multi-Firewall Architecture

In our quest to meet the needs of users who seek to store value in a crypto-asset that is less volatile and less inflation sensitive, we established close relationships and partnerships with several technology companies to ensure we fulfilled our mission. Fortunately, through these strategic partnerships, we were able to come up with our gold and blockchain-based products that harnessed…

Why We Use The ERC223 Token Standard

Ethereum’s creator, Vitalik Buterin, was first introduced to the cryptocurrency and Bitcoin space back in 2011. In that same year, Vitalik launched Bitcoin Magazine that would constantly post articles regarding the future of cryptocurrency. Afterward, he worked on some altcoins which were based on the Bitcoin codebase. After facing a few shortcomings with the Bitcoin blockchain while trying to build…

Bitcoin vs Gold – Which One Is Better?

Bitcoin prices of over $19,000 per coin during the last quarter of 2017 led to cryptocurrency investors terming Bitcoin as the new-age “digital gold”. Placing the two side by side, it’s easy to see why investors would see them at almost the same level. However, gold has had no competition when it comes to the capability of having purchasing power…

Deep Analysis On Market Factors That Affect Gold Price

Gold is one of the most valued precious metals on earth. Ever since its discovery a long time ago, it has been widely linked to wealth and success. In modern times, it is mainly used as an investment. It is preferred by many people as an investment due to the stability (and appreciation) of its price over the years. The…

Physical Gold vs. Digital Gold

Since the commencement of recorded history, man has regarded gold as a symbol of wealth and status. It is respected world over for its value and rich history which is interwoven into diverse cultures. Throughout the centuries, gold has had an unparalleled prominence in the society. Gold’s value is linked to its physical properties that make it ideal for use…

Arai Ezzra Speaks At The World Blockchain Summit In Dubai, 2017

The World Blockchain Summit has recently taken place in Dubai, from October 24 – 25, 2017. The Dubai Mall, UAE, was the center for this prestigious event. The event was endorsed by Smart Dubai (a government agency), as well as by Smart Foundation. It was attended by Dubai government officials & representatives, as well as by blockchain experts from around…

A Gold Coin By DinarDirham

Introduction: As you probably know by now, DinarDirham is a digital gold fintech company. We began in 2016, and have since been around the world attending blockchain and fintech conferences, giving talks, presenting our products, and participating in panel discussions. We wanted to offer the world a new way of looking at finance. That’s why we developed the DinarCoin and…