The Commodity-Backed Currency for Corporate Digital Commerce Worldwide

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INTRODUCTION

 

Today's cryptocurrency and digital asset activities are already a growing reality and will increasingly become an integral part of our daily lives. 

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With continuous digital breakthroughs and fast-paced financial practices, demand for genuine stability in the digital asset space birthed Stablecoins, a sustainable transaction solution. These digital assets aimed to embody the advantages of blockchain technology while remaining independent from the very volatile nature of other cryptocurrencies and fiat. Despite the genuine potential of these digital assets, existing stablecoins have often been found to lack intrinsic value, suffer from pegging and deepening issues, and generally lack long-term stability. This white paper introduces and explains a new model and groundbreaking solution: a unique commodity-backed stablecoin.

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By integrating valuable tangible and intangible assets in the digital space, our proposed Stable currency revolutionizes the concepts of stability, intrinsic value, and unparalleled resilience while restoring the long-lost confidence of worldwide digital users and investors.

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The BBC stable digital asset, backed by over-collateralized commodities and valued with the United States Dollar, provides the most reliable, tested, and trusted digital method of exchanging value among individual and corporate entities worldwide. This innovation uses the most secure cutting-edge technology for efficient accounting- the Blockchain. The Blockchain is the decentralized, global ledger that provides impenetrable crypto-graphic security for efficiently running and recording BBC transactions.

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Considering the exploitation, cheating, lies, and abuse of some stable cryptocurrency companies, our entire ecosystem remains highly exposed to deadly risks capable of wiping out lifetime portfolios. Revolutionizing stablecoins and what it stand for becomes necessary to shake off bad players while making the entire digital space more user-friendly, trusted, and secure.

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For accountability and ensured price stability, we propose a unique method of maintaining a 2:1 reserve ratio between stable digital assets called the Blockchain Bank Coin (BBC) and its underlying real-world fiat currency backed by very liquid commodity assets. The transparency of BBC tokens becomes clear since proof of commodity assets is open to all on-chain. It ensures that the question of pegging, de-pegging, or other issues associated with similar cryptocurrencies can never become a subject to be deliberated.

 

Why Asset Backed Stable Coins?

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Because the world can't seem to abandon the physical store of value entirely, non-USD asset-backed cryptocurrencies were an inevitable development. Many people prefer a physical representation of their digital assets in the real world to guarantee their value. The missing element to success with so many failed "algorithmic stablecoins" is asset-backed coins.

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The Blockchain Bank Coin (BBC) is a peer-to-peer (P2P) and business-to-business (B2B) Crypto currency that enables instant, near zero cost payments to anyone in the world. The BBC Coin is asset backed by a portfolio of 6,000,000 (SIX MILLION) DECENTRALIZED Blockchain Trusts, Blockchain Banks and by our BUY BACK GUARANTEE. 

 

Owning a decentralized Blockchain Trust is the smartest and 100% tax exempt strategy to secure, buy, register, protect and control your digital & physical corporate or private assets. We are enabling global entrepreneurs, businesses, and large enterprises to discover new economic possibilities and develop communities through the BBC Coin and our Blockchain Trust registrations.

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The world as we know it is in a state of constant and accelerated change. The ability to have borderless commerce and communication through the internet has already caused an immeasurable change in the way individuals and businesses handle their lives, finances and security. As this digital trend deepens, everyone independent of origin or social status will be given the empowering opportunity to participate in decentralized digital economies powered by blockchain technology and cryptocurrencies.

 

Decentralized economies powered by cryptocurrencies enable people and businesses to conduct trustless, anonymous, secure and tax-exempt transactions across international borders. New opportunities for retail, entertainment, finance and essentially anything else that a person might want to spend fiat currency on, are already available in this digital economy today.

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Today we would like to introduce you to Blockchain DigitalCity Bank & Capital Trust® and its BBC - Blockchain Bank Coin® and other related services we offer for blockchain and the emerging decentralized economy, by providing a safer, faster and smarter cryptocurrency experience for all users to enter and thrive in this new decentralized economy.

 

Guided by an integrated and dynamic thinking team, our blockchain platform allows users to have access to countless products and services that are indispensable on a daily basis, including our revolutionary Blockchain Trust® Registrations, the BBC - Blockchain Bank Coin®, the Blockchain Bank Wallet, the Blockchain Bank Explorer, or our tax-exempt Blockchain DigitalCity® project in the Caribbean offering global entrepreneurs amazing residence benefits and much more...

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COIN BENEFITS