DeepBrain Chain DBC to TrueUSD TUSD Exchange

Crypto Pair Details: DBC to TUSD

DeepBrain Chain DBC

Leveraging on blockchain technology, we develop a decentralized, low-cost, and private AI computing platform and also provide perfect peripheral products. The DeepBrain Chain token is traded via smart contract based on NEO, and our token is called DeepBrain Coin (DBC), and the mining node is encouraged according to the incentive system designed by the smart contract. The DeepBrain Chain is a decentralized neural network. The calculating demands of enterprises will be distributed to countless mining nodes all over the world. It will get DBC as a return when the nodes deployed computational mirror image successfully and the GAS fee each enterprise need to pay is far less than the intrinsic fee. The DeepBrain Chain is also a secure data trading platform. Both of the trading parties don’t need to worry about data leakage or reselling. Blockchain technology is used to realize the separation of data ownership and usage rights drastically. Thus, the value of data will be promoted greatly. “the Uber in AI computing”

TrueUSD TUSD

TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD. The team believes that TrueUSD will be able to come up with the stable trading instrument for the traders of cryptocurrency that has been long-awaited. This will allow the businesses and consumers to use the digital currency as a medium of an exchange. The goal of the TrueUSD team was to build a coin that is stable and which can be used and trusted by them too. TrustToken is a platform that creates the tokens backed by assets that can easily be purchased and sold all around the world. The first asset token of TrustToken is TrueUSD, which is a stable coin and can be redeemed 1-for-1 for US dollars. TrustToken have partnered with registered fiduciaries and banks for holding the funds securely backed by TrueUSD tokens. To increase the amount of security, fiduciaries, and banks directly handle all the funds. Escrowed funds do not give access to the TrueUSD system. TrueUSD works with various trust companies which already manage around billions of dollars. Just pass an AML/KYC check, send USD to a trust company with an agreement of escrow. When the funds get verified, their API tells the smart contract of TUSD to mint an equal amount of TUSD to your public Ethereum address. The USD funds are regularly verified in scheduled attestations by a very much trusted auditing firm. USD funds are kept safely in a third party account, that is escrow accounts, wherein TrustToken does not hold any direct access to the funds and cannot abscond with them even if they wish to. The token burning and minting system makes sure that every TUSD token is backed by 1 USD. A mandatory check of AML/KYC makes sure that TUSD keeps shady people away from the entire project. TUSD makes faster transactions in low transaction fees. Even though TUSD is a unique offering, it is most likely overshadowed by its bigger competitors - Tether. While TUSD arguably offers more security and features, it may be losing the marketing battle. This is not to say that the situation will remain the same. With more crypto investors joining the market every day, the good times for TUSD may be on their way.

SOURCE: COINGECKO

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