New York Digital USD Stablecoin DUSD Exclusively Named FINWISE Summit Hong Kong Station

HONG KONG, CHINA -�Media OutReach - 24 May 2019 - Abstract: Johnson Zhao, founder of Wall Street Finance, has created a 100% reserved
stablecoin DUSD for the layout of digital finance track. Its unique algorithm and
consensus mechanism can ensure stable currency prices. Recently, it has been
exclusively named as the Hong Kong Station of the 2019 FINWISE Summit.

Keywords: DUSD? Wall Street digital USD; Naming; FINWISE?FINWISE Summit; Stablecoin; Johnson Zhao

 

DUSD Exclusive Name FINWISE
Summit

The 2019 FINWISE Summit and the Global Science,
Technology and Finance Summit Forum will be grandly opened in Hong Kong on May
28.The summit has been named exclusively by the New
York Digital USD Stablecoin DUSD (www.DUSD.com).The new generation of US USD stablecoin DUSD will join FINWISE
Summit, at the same time, hundreds of thousands of people will pay close
attention to this grand ceremony jointly presented by DUSD and FINWISE.

DUSD Exclusive Name FINWISE Summit

New Generation
of Stablecoin-New York Digital Dollar DUSD

 

New Era of
Stablecoin: Digital Dollar DUSD

DUSD
is a new generation of stablecoin, anchoring US dollars, rigid cash,
transparent audit, efficient circulation.

DUSD
began on Wall Street, connecting the world and competing for world-class
digital USD in the global war of
stablecoin.

DUSD was officially launched in November 2018, and is currently
landing on dozens of exchanges in succession.

 

DUSD, as its exclusive strategic cooperation unit, attracted wide
attention at the 2009 Global Block Chain (Hangzhou) Summit Forum held by 8bit on May 17. On the day of the
summit,Johnson Zhao, founder of DUSD, was invited to attend and deliver the keynote
speech “From Bitcoin to Facebook Coin – the Next Decade of Block
Chain”. He strongly believed that the stablecoin would become the core
fuel and infrastructure of Block Chain 2.0, which was highly praised.

 

After
three years of intensive development, the DUSD’s exclusive FINWISE Summit, has
become the most influential block chain summit in the industry. It has
successfully held two successive sessions in Shanghai and Macao. It has become
a super-first-class large-scale block chain summit with thousands of guests and
millions of influential audiences, and enjoys a good reputation both at home
and abroad.

 

In
the Hong Kong Station of the 2009 FINWISE Summit, a special “FINWISE
Golden Globe Award” was set up for vote selection of the outstanding
leaders of international technology and finance enterprises, institutions and
block chains with on-site awards. Johnson
Zhao, founder of DUSD, will give a
keynote speech at the summit and act as a guest of honor at the banquet to
participate in the ceremony which is expected by all.

 

DUSD is the best choice for
stablecoin

DUSD
is registered on Wall Street, New York, USA, issued globally, supervised by
USA, trusted by a third party, and audited regularly.100%
reserve, unique high stability, high transparency and strong circulation, more
trustworthy.

 

• Compliant
  operation, fund trusteeship

DUSD is managed by a third-party Citibank. It
operates in compliance with the rules. It executes transactions under
intelligent contracts. The trusteeship and allocation of funds are not
controlled by DUSD and will never misappropriate customers’ funds. At the same time, the rights and interests of DUSD fund
trustees and money holders are legally protected.

 

Digital USD, LLC, an entity that manages DUSD, has been
successfully registered with the New York Government in September 2018. It
provides monetary services in compliance with the regulations. It protects
against fraud, money laundering and DUSD holders through a strong anti-money
laundering (AML) compliance program.

 

• Monthly
  audit, no overpayment, full provision

DUSD
account fund holdings are open, and the third-party professional agency PWC is
entrusted with monthly audit to ensure that DUSD is anchored with US dollar 1:1
in the current custody account and 100% provision. When
the audit report is released, users can check whether the balance of DUSD accounts
exceeds the US dollar balance at the DUSD smart contract address.

 

• Creative Consensus Mechanism + Multivariate Currency Price
  Algorithms

DUSD pioneered the PoA (Proof of Authority)
authoritative certification consensus mechanism. No
mining, friendly environment; No GAS, low cost. Only authenticated authorities
can sign and verify transactions. Signers have certain legal responsibilities.
PoA mechanism conforms to the trend of American judicial supervision and will
undoubtedly attract many Wall Street financiers to join the DUSD stablecoin
camp. PoA also generates blocks in a balanced and efficient way, handling 1.5
million transactions per day.

 

DUSD uses a diversified ObeliskToken algorithm to dynamically
stabilize currency prices, uses the world’s top Turing complete stable currency
system, and achieves network acceptance through innovative two-level stable
currency model. While not compromising scalability, DUSD solves the problems of
excessive centralization and price stability of the first generation of stable
currency.

 

Future layout of DUSD

It is reported that DUSD has joined
forces with WBFex, ZG.TOP, BIONE, ONEROOT and other exchanges. In the future, DUSD
will have a complete ecological layout and other multi-domain solutions.DUSD’s
major actions in the public blockchain layout include the introduction of
stablecoin based on EOS, wave field, everiToken and other public blockchain
platforms.