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Topic: [2016-09-14] Decentralized Capital to Issue Fiat-Backed Assets on Ethereum (Read 220 times)

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The UK-based blockchain company Decentralized Capital has announced a demo of its new service, which allows users to transact in various fiat currencies on the Ethereum blockchain, at the International Blockchain Week’s Demo Day held on September 22 in Shanghai.

Through the use of so-called ‘DC Assets’, users will be able to make payments for products and services using digitalized fiat currency. That way, the prominent issue of cryptocurrencies’ strong price volatility will not come into play while transacting on the Ethereum blockchain...

Read more here:

https://btcmanager.com/news/finance/decentralized-capital-to-issue-fiat-backed-digital-assets-with-ethereum/









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