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DOW BLOCKCHAIN TECHNOLOGY (DBT) announces revolutionary Blockchain for banking and financial Institutions.
By inewswire
DOW BLOCKCHAIN TECHNOLOGY (DBT) is in the development of a banking Blockchain, which will indeed be a revolution in the banking and financial sector which is loaded with unique features.

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

Financial Instruments

  • Payments Cross Border, P2P, Corporate and Interbank

  • Private Equity

  • Bonds

  • Derivative commodities

  • Trading records

  • Spending records

  • Mortgage/Loan records

  • Microfinance

  • Servicing record

  • KYC


Stack of Processes

  • Clearing networks

  • International transfers

  • Clearing and settlement

  • Auditing, reconciliation, reporting, settlement

  • Asset Ownership.


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

ABOUT DOWCOIN

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.

START-UP STAGE

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/

Media Contact
Company Name: DOW BLOCKCHAIN TECHNOLOGY
Contact Person: SAKET KULKARNI
Email: [email protected]
Country: United States
Website: https://dowcoin.io/



Source: www.abnewswire.com


Page: 1


 





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