What problem does this service solve?

E-Dinar's goal is to create a scalable cryptocurrency that will contribute to energy sustainability.Digix wants to create a digital token will less price volatility. By tokenizing gold on the Ethereum blockchain, they hope to create a digital asset with stable value.

Token Stats

Company Description

E-Dinar Coin is a Delegated Proof-Of-Stake (DPoS) cryptocurrency that is designed to be sustainable and energy efficient. The company behind E-Dinar will invest part of its income in the development of urban projects focusing on clean water and air.

Digix is digital gold on the blockchain. By combining the historical stability of a valuable physical asset with the advantages of a distributed ledger, Digix allows users to benefit from the advantages of both commodities and digital tokens.
Digix has an innovative Proof of Asset (PoA) protocol that allows it it tokenize a physical asset. The PoA protocol tracks an asset through its chain of custody, and enables anyone to verify its existence without an intermediary. Since every DGX = 1 Gram of gold, their platform can be used as a secure and transparent digital marketplace for gold.
Digix is also behind DigixDAO, a platform that allows users to contribute to building a blockchain-based digital gold payment system. They hope to create a decentralized autonomous organization (DAO) that will participate in creating this platform. Instead of issuing shares, the organization will be run by DigixDAO token holders.

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