The present invention introduces the Digital Obligatory Lawful Redeemable (DOLR) collateralised stablecoin, a revolutionary monetary system built on blockchain technology that offers a digital asset in the form of coins, backed by the real-time price of Gold. This currency, known as DOLR, is designed to function as a cash element like that of traditional fiat currencies (such as the Euro, GB Pound, US Dollar), but serves the purpose of parallelizing the value of gold to provide enhanced security and stability for the asset. The DOLR can be acquired through a web portal and mobile app, enabling worldwide accessibility, and seamless transactions. The platform operates on a unique protocol developed by Dr. Alexander, which facilitates secure value transfer and exchange via a distributed ledger. All transactions are validated through consensus, ensuring full transparency and integrity within the system. The value of DOLR is pegged to the price of gold, offering a reliable and tangible basis for its worth. The currency is additionally backed by a multi-billion dollar gold bond security, further reinforcing its stability and trustworthiness.
Per the Get Started page, the DOLR (Digital Obligatory Lawful Redeemable) collateralised stablecoin, is a revolutionary monetary system built on blockchain technology that offers a digital asset in the form of coins, backed by the real-time price of Gold. This currency known as DOLR was designed and structured to function as a cash element like that of all traditional fiat currencies, but additionally serves the purpose of parallelizing the value of gold to provide enhanced security, transparent value, and stability for the asset. Acquired via web portal and mobile app, enabling worldwide accessibility, and seamless transactions, the platform operates on a unique multi-node protocol system developed by Dr. Alexander, which facilitates and maximises secure value transfer and exchange via a distributed ledger. All transactions are validated through consensus, ensuring full transparency and integrity within the system, and being a stable coin pegged to the price of gold, every DOLR has tangible worth, with its value updated daily. Finally and additionally, to re-enforce its stability and trustworthiness over the long-term, the DOLR currency is backed by a multi-billion dollar gold bond security, avalled, conveyed, and held under trust. Long term preparation and asset precipitation has determined and enabled the above-mentioned. Whether for personal or business use, DOLR is a World currency in the making!
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