JAKARTA, INDONESIA, Nov. 11, 2022 (GLOBE NEWSWIRE) — Trustlane, a crypto project originating in Indonesia, will launch DBFI token based on ERC20 in Ethereum blockchain. Detail and prospectus (Whitepaper) has been released with pre-ICO and ICO to be announced soon. The DBI token will be issued by Trustlane as a backbone to build 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, all-in-one integrated platform. The DBFI platform is a solution for crypto-digital assets managed using banking standards and decentralized asset management.
Trustlane integrates blockchain technology for business, financial and investment sectors to exponentially secure transaction processes. Trustlane also enables effective regulation to bridge the fiat economy with cryptocurrency and CBDC (Central Bank Digital Coin) in the near future. The DBFI platform aims to build an ecosystem to ultimately increase time/cost efficiency and enables crypto flexibility with crypto banking developed by Trustlane LLC. The DBFI platform differs from DEFI (Decentralized Finance), as the former uses centralized systems to enable transaction processes, as opposed to non-centralized government systems adopted by DEFI.
The uniqueness of the Trustlane platform allows data organization and digital assets within the hybrid blockchain ecosystem before transactions are forwarded to the public blockchain. The platform enables any digital asset to be matched, registered and specified. The development of the DBFI ecosystem targets B2B sectors that require a simple, transparent and protected business transaction process.
The Trustlane platform uses smart contracts that can be programmed by third parties. The smart contract is an open smart contract (OSM) that can be programmed and used for identification in monetary transactions, investment, confirmation and sending secure messages between companies and financial institutions. One of the roadmaps within the Trustlane ecosystem is to issue stablecoins that have a one-to-one (1:1) value with the respective fiat currencies such as euros, US dollars, Indonesian rupiah, etc. Stablecoins are used as transaction intermediaries within the Trustlane ecosystem. Trustlane-issued stablecoins are not affected by crypto-volatility as they are backed by fiat cash locked in custodian banks and regularly audited.
Trustlane does not use algorithms or commodity assets to guarantee stablecoin issuance. Within a short time frame, Trustlane will issue USDV, a stablecoin pegged to the US dollar following the initial offering of the DBI token. Initial Coin Offering (ICO) Currently, Trustlane has not opened the “Initial Coin Offering (ICO)” for the DBFI token. However, Trustlane has already opened a whitelist for those who wish to participate at the Pre-ICO stage. Thirty (30) million DBFI tokens have been allocated for the pre-ico stage with distinct offering price.
The DBFI token is modeled with static supply and dynamic price, with a total supply of 99,999,999 tokens and a maximum market cap of $800 million. Trustlane focuses on the ideal tokenomic concept that is in line with technology development and market demand.
About Trustlane:
Trustlane is a crypto project established by subsidiaries of PT IDFC International, i.e. “Trustlane LLC” registered and licensed (License No. 488/1B-71/469/2022) by FIZ Trade Zone Georgia. The license allows Trustlane LLC to conduct business in crypto; exchange, banking, investment, storage and publishing. The company offers good crypto experiences, focuses on reliability as well as exploitation. It also offers crypto-based technology services, the technology that operates on desktop and mobile platforms. Trustlane works day and night to help its customers develop a crypto network of experienced developers.
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