DAGT; Using Blockchain Technology To Create World’s First Digital Asset Credit Platform.

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Penulis: white jin

The application of Blockchain technology cannot be over emphasized as it can be used in several institutions, DAGT is the world’s first digital asset credit platform.

INTRODUCTION

Blockchain technology is gaining grounds in recent times as it is used in several fields for specific reasons. It is changing the world globally and also gives room for innovative ideas giving us an insight of what the future might look like with blockchain. We can see industries and major business owners adapting to the new trend of blockchain technology. The good thing about it is that, not up to 2% of the world has gotten involved with blockchain technology; this means there is still lots of space to accommodate non-technical users.
One of the main reasons for the creation of DAGT platform is to utilize blockchain technology to develop an adequate structure that can accommodate the flow of digital assets without hindrances but with transparency and efficiency.
The occurrence of several digital data of valuable assets can be termed Digital Assets. Digital Assets are decentralized P2P cryptocurrency. We all know that the environments on which cryptocurrencies operate are quite different as they are not centralized. The creation and allocation of these currencies, either bitcoin, ethereum and others are not hindered by third parties.
Blockchain and Digital Assets work hand in hand. You can say that they are directly proportional to each other. The adoption of blockchain technology is spreading at a comforting rate and with that, the use and demand for digital assets follows. How does DAGT come in? DAGT is ready to create the world's first decentralized digital asset platform.

How Blockchain Technology Helps This Project

There are several limitations to the flow of Digital Assets currently. Because of this reason, Blockchain technology is employed to by-pass these limitations. Some sort of KYC procedures and Identity verifications are been carried out to credit users. This makes the whole process not transparent, inadequate and inefficient. Blockchain Technology can help in designing several models which can eradicate the barriers of this whole process and build trust among credit links and users.
DAGT will use this Blockchain technology to create a less complex system, one with efficiency and less expensive for users. Lending cost without blockchain is on the high side, DAGT is going to find a way to make this lending cost for credit users, low. This builds trust between operators and DAGT, hence; reduce borrowing cost and the complexity that surrounds the whole credit acquisition.

Market Analysis and Advantage

Some Key Notes about DAGT
• It has been earlier stated that DAGT is the first digital asset credit platform built on blockchain technology which facilitates the flow of digital data.
• The team behind this project is well equipped efficiently and is acquainted with blockchain technologies and its operations in financial institution. So you do not have to worry as it’s a strong team which will deliver.
• It is also a good thing to know that the project is already at the 50% mark completion, and forming links with loan agencies.
• There is also room for loyalty reward.

DAGT Operations Model

Of course there are models that surround the way DAGT operates and how it functions.
  • Register and Apply for loan credit qualification
  • Wallets are used to receive digital assets via smart contract
  • Creation of the letter of credit using credit information
  • Approval of loan, as DAGT partners with loan institutions in accordance with credit qualification and basic information collected from the borrowers.

DAGT TECHNOLOGY

DAGT stands for Digital Assets Guarantee Token which is ERC-20 Compactible which runs on the Ethereum blockchain network. The DAGT platform is being built and it comprises the DAGT token which can only be used on the platform.
The DAGT token will serve as a unit of exchange for users on the DAGT platform. The users on the platform do not have to be worried about security while exchanging units of DAGT tokens as there is adequate security.
Also, on the DAGT Platform, credit users can pay for credit service fees by using DAGT Token or other any other digital assets.

WHY DAGT USES BLOCKCHAIN?

Blockchain has proven to be very effective in establishing a trust worthy environment between users on various platforms. Using DAGT as an example, there is a peer-to-peer relationship and users are able to acquire adequate financial services and DAPPS.
DAGT also creates a smart contract on the Ethereum blockchain network that locks the pledged digital assets securely into a fully open, transparent smart contractual framework that is governed by the terms of the loan and the real-time value of the pledged digital asset. This helps in the flow of digital assets and also users get to get access to credit usage.

DAGT STRUCTURE SYSTEM

There are certain modules of the DAGT structure which includes Ethereum, smart contracts,
DAPP, Oracle, TPGS, and DAAD.
  • DAPP: Provides a web-based user function
  • ORACLE: here is where we have the Oracle machine service which gives data sources and it is supported by the DAGT platform
  • TPGS: The TPGS holds the digital assets in Blockchain's smart contracts and enhances registration, loan pledges, and credit services.
  • DAAD (Digital Assets Automatic Trading System): This combines smart contracts, open and transparent management of the pledge product linking the auto trading system to the third-party digital assets trading.
  • Data and API services

The Token Sale Model

We have seen that DAGT is going to be useful for credit users and since it is blockchain. It is necessary to partake in the token sale so as to be part of this revolution. It is something new, do not be left behind. Check out the Tokenomics below;
Token Symbol: DAGT
Total Supply: 100 Million DAGT
Token Allocation
Foundation: 20 Million DAGT
Security Deposit: 40 Million DAGT
Pre-Sale Purchasers and Public Sale: 20 Million DAGT
Founding and Development Team: 10 Million DAGT
Marketing: 10 Million DAGT
Accepted Currency: ETH and BTC
Sources
bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2004963.

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