JAKARTA, INDONESIA, Nov. 11, 2022 (GLOBE NEWSWIRE) — Indonesian crypto project Trustlane launches DBFI token based on ERC20 on Ethereum blockchain. Details and prospectus (whitepaper) will be released, and Pre-ICO and ICO will be announced soon. DBI tokens are issued by Trustlane as the backbone for building the Trustlane ecosystem.
The ecosystem will be built and expanded using hybrid blockchain technology that acts as an intermediary between the financial, business and investment sectors, making it an all-in-one integrated platform. The DBFI platform is a solution for crypto digital assets managed using bank financial standards and decentralized asset management.
Trustlane integrates blockchain technology for the business, financial and investment sectors to exponentially speed up transaction processes. Trustlane also enables effective regulation bridging the fiat economy using cryptocurrencies and CBDCs (Central Bank Digital Coins) in the near future. The DBFI platform aims to build an ecosystem to ultimately increase time/cost efficiency and enable crypto flexibility in crypto banking developed by Trustlane LLC. The DBFI platform is different from DEFI (Decentralized Finance). The former is to enable transaction processing utilizing a centralized system as opposed to the decentralized authority system employed by DEFI.
The uniqueness of the Trustlane platform allows data organization and digital assets to be used within a hybrid blockchain ecosystem before transactions are transferred to a public blockchain. The platform allows you to match, register and itemize any digital asset. The development of the DBFI ecosystem is aimed at the B2B sector that requires simple, transparent and protected business transaction processes.
The Trustlane platform uses smart contracts that can be programmed by third parties. A smart contract is an open smart contract (OSM) that can be programmed and used for identification in financial transactions, investments, confirmations, and the transmission of secure messages between businesses and financial institutions. One of the roadmaps within the Trustlane ecosystem is to issue stablecoins with a one-to-one (1:1) value with their respective fiat currencies such as EUR, USD, and Indonesian Rupiah. Trustlane ecosystem. Stablecoins issued by Trustlane are locked in custodial banks and backed by regularly audited fiat currency, making them immune to cryptocurrency volatility.
Trustlane does not use algorithms or commodity assets to guarantee stablecoin issuance. In the short term, Trustlane will issue USDV, a stablecoin pegged to the US dollar after the initial offering of DBI tokens. Initial Coin Offering (ICO) Currently, Trustlane has not launched an “Initial Coin Offering (ICO)” for DBFI Tokens. However, Trustlane has already published a whitelist for those who want to participate in the Pre-ICO stage. 30 million DBFI tokens have been allocated for the pre-ico stage with separate offering prices.
DBFI tokens are modeled with static supply and dynamic price, with a total supply of 99,999,999 tokens and a maximum initial trading market cap of $800 million. Trustlane focuses on ideal tokenomic concepts aligned with technological advancements and market demands.
Trustlane is a crypto project founded by a subsidiary of PT IDFC International. In short, “Trustlane LLC” is registered and licensed by FIZ Trade Zone Georgia (license number 488/1B-71/469/2022). This license authorizes Trustlane LLC to operate its business in crypto. Exchange, Bank, Invest, Store, and Publish. The company offers a great crypto experience and focuses on its reliability and usage. We also offer crypto-based technology services, technology that works on desktop and mobile platforms. Trustlane works day and night to help customers develop crypto networks with experienced developers.