Like this video

The Digital Reserve

An End to Predatory Lending

With $2 Trillion dollars in unmet financing need and the growing power of elective economies, the Digital Reserve offers a inclusive Peer to Peer payment, lending system and responsive monetary policy. This economic system is designed to maximize its economic value through the active balancing of incentives. The Digital Reserve Network’s native currency is the Denarii. The Digital Reserve Network (DRN) uses a Cost-Based Proof of Stake system to secure the network. This system alleviates provides a strong incentive for honest network participation and a reserve to back loans. This functionality represents a robust solution that helps to alleviate financial accessibility and provide a methodology for evaluating network productivity . The DRN is an open-source financial services suite. Our goal is to launch the DRN and Denarii as a platform for novel financial products, financial literacy, and lending. The DRN is designed to create a sustainable model for financial inclusion while producing economic incentives for network stakeholders by turning traditional "store of value" into a working asset. The Digital Reserve currently has a partnership with a United Nation's sponsored credit union in Liberia and is establishing a relationship with a series of Non-profit organizations in Pittsburgh, PA to utilize the network for achieving their mission. To assist with the development of the platform, the Digital Reserve is selling 5% of the initial 6 Billion Denarii tokens of the Genesis to accredited investors using Tokens as a Debt Payable Asset. The network will be developed using the base directed acyclic graph (DAG) architecture from DagLabs Official's Spectre and Phantom Protocol. In addition, the Digital Reserve Network will also integrate post-quantum cryptographic signatures. Currently the option of Zk-Starks and Winternitz OTS+ are the primary options.

3.4
1 0 expert ratings
Benchy 3.4
Experts
-
-
-
View rating distribution
Starts in 5 days 0 hours
2018-07-23 - 2018-08-20
Token
DRN
Price
1 DRN = 0.01 USD
MVP/Prototype
Platform
DPA
Country
USA
Whitelist/KYC
KYC
More on ICO
Report

About The Digital Reserve

The Digital Reserve Network ("DRN") is an open-source financial services suite designed to enable peer-to-peer ayments, sustainable lending, and collateral free borrowing. The DRN will leverage annative cryptocurrency – Denarii.

The DRN is being developed by the Digital Reserve, P.B.C., a public benefit corporation ("The Company"). The Company aims to create a public benefit by engaging in (i) research and implementation of best practices for financial literacy (ii) the design and promotion of software or hardware solutions to increase financial accessibility and the flow of capital to disadvantaged or distressed communities.

Bookmark
ICO KYC Report
Not conducted yet
Missing or incorrect data? Let us know.

ICOs that might interest you

AVINOC

The Blockchain Solution disrupting the global Aviation Business.

14 days 0 hours left

Humancoin

Humancoin is the new massive cryptocurrency fuelled by the Proof of Charity mining prot...

28 days 0 hours left

Wemark

Wemark is the blockchain-based marketplace for digital content, starting with photos.

5 days 0 hours left

buglab

Buglab offers penetration testing through contests in an incentivized environment for c...

17 days 7 hours left
Please join our Official ICObench group on Telegram Official ICObench Telegram group

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it