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Canadian Stable Coin (CADT) helps launch Canada into a new era of digital global finance

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Posted (edited)

https://www.reuters.com/brandfeatures/venture-capital/article?id=126997

"CADT was developed by Blockchain Venture Capital Inc. (“BVCI”) (www.bvcadt.com), a Canadian company incorporated pursuant to the laws of Ontario. BVCI specializes in blockchain research and development. BVCI has independently developed a public, decentralized blockchain (BVC Chain) that combines Ripple and Ethereum blockchains."

Edited by XRPforLong

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Posted (edited)

So many things going on in DA land.
 

Quote

CADT was developed by Blockchain Venture Capital Inc. (“BVCI”) (www.bvcadt.com), a Canadian company incorporated pursuant to the laws of Ontario. BVCI specializes in blockchain research and development. BVCI has independently developed a public, decentralized blockchain (BVC Chain) that combines Ripple and Ethereum blockchains. BVCI has also developed BVC Pay, a mobile application which also functions as a digital asset wallet, blockchain explorer, OTC Trading and decentralized exchange platform. Through BVC Pay, users can purchase one CADT with one CAD then transfer CADT into their digital wallet. Users can also transfer their CADT from their own digital wallet to the BVC wallet in exchange for an equivalent amount of CAD. BVC Pay is currently available on Apple Store and other platforms.

In two weeks, DLT Payment, a company related to BVCI, is expected to issue a stable coin, CSGD, which is anchored to the Singapore dollar.

LOL

Edited by zenkert

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2 hours ago, Danny said:

Reading this post, it's pretty clear this is not using Ripple or Ethereum. Unless I am reading this incorrectly, im reading this as they've built their own proprietary ecosystem. 

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11 hours ago, quetzalcoatl said:

Reading this post, it's pretty clear this is not using Ripple or Ethereum. Unless I am reading this incorrectly, im reading this as they've built their own proprietary ecosystem. 

That's how I read it as well. "The DLT Pay platform is based on the BVC DLT. BVC DLT, independently developed by the BVC, technically refines and integrates the features and benefits of Ripple, Stellar and Ethereum." 

 

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