DOW BLOCKCHAIN TECHNOLOGY
Dow Blockchain Technology is a DUBAI based company. DBT is committed to providing cutting-edge Blockchain Technology which will be much more superior to the existing Blockchain technologies and would cross all the technological barriers.
WHAT IS BLOCKCHAIN TECHNOLOGY
Blockchains are an emerging technology pattern that can radically improve banking, supply-chain and other transaction networks, giving them new opportunities for innovation and growth while reducing cost and risk.
NECESSITY FOR BANKS
Blockchain companies ensure a tamper-proof ledger which can be used by both organizations and counter-parties for enhancing the level of transparency and security while recording data pertaining to financial transactions. It will also help in reducing the time and cost of the transactions. Smart contracts based on blockchain applications can help in the detection and prevention of frauds in trade, banking, and the finance sector.
BEST SUITED SECTOR
Financial industry applications best suited for DBT Blockchain
Payments – Cross Border, P2P, Corporate and Interbank
Stack of Processes
Clearing and settlement
Auditing, reconciliation, reporting, settlement
WHY USE DBT BLOCKCHAIN
1 – Open Source.
2 – Free to Use
3 – Plug and Play Format.
4 – Can be customized as Per the requirement
5 – Transactions are significantly faster
6 – Its less expensive, hence cost saving.
7 – Low maintenance cost
8 – Tempered Proof
9 – Accountability
10 – Compliance
11 – Improved data quality
12 – Improved security
13 – instant settlements
14 – Improved capital optimization.
15 – Reduced counterparty risks.
16 – Improved contractual performance due to smart contracts.
17 – Increased transparency.
18 – Reduced error handling and reconciliation
DOWCOIN is a share of Dow Blockchain Technology. Dowcoin is currently listed in stocks.exchange. Currently, Dowcoin is on Ethereum platform and later once the DBT Blockchain is ready, Dowcoin will be shifted towards DBT Blockchain. The total supply of Dowcoin is 2 Billion. The process to list Dowcoin in top 10 exchanges is under process, due to which a very strong liquidity will be seen.
Banks which will use DBT’s Blockchain technology would need to use Dowcoin as Transaction fees. Even for cross-border transactions. The possibility for a very high demand for Dowcoin in the near future is on the cards as there will be an increase in the usability. Hence, the rate of Dowcoin may increase.
As this is the Initial phase of developing the technology, So we are inviting best Blockchain Developers, Blockchain experts, Blockchain consultants, venture capitalist and also investors from around the globe. The output of this may certainly result in a spectacular and invincible Blockchain Technology which will be open in service to all.
For more information, visit: https://dowcoin.io/