Wissel First Digital USD FDUSD om naar Qawalla QWLA

What is the project about? First Digital USD (FDUSD) aim to revolutionize the digital asset landscape. Our mission is to empower users with a transformative financial instrument that combines the stability of cash reserves with the seamless efficiency of advanced blockchain technology. By offering a fully collateralized digital asset, our stablecoin ensures the utmost security, transparency, and transaction reliability. This strategic fusion of traditional stability and cutting-edge innovation allows users to confidently navigate the digital economy, unlocking a world of possibilities while maintaining the utmost trust in their financial interactions. What makes your project unique? Transferable: FDUSD enables frictionless and streamlined transactions, rendering it a convenient choice for a wide range of applications and scenarios. Redeemable: FDUSD is backed by high-quality reserves- cash and cash equivalents, which enable holders the ability to redeem their FDUSD tokens for their equivalent value in US dollars. Users can trust that FDUSD is always 1:1 backed. Low Fees: One notable benefit of FDUSD is its ability to offer cost-effective transactions with minimal fees. Unlike traditional financial transactions, this cost-efficiency makes FDUSD an attractive and economical choice for users. Operates on Decentralized Networks. FDUSD operates on decentralized networks that are distributed across multiple nodes. In so doing, it enhances transparency, security, and resilience. Bankruptcy Remote FDUSD is designed to be bankruptcy remote, with the reserves held in segregated accounts on a registered trust company, separated from the issuer’s operational accounts. It ensures the stablecoin remains stable and secure. History of your project. Established in 2019, First Digital is Asia’s leading multi-faceted trust partner bridging the gap between the traditional and digital financial worlds.

Launched in May 2021, by the team located all around the world, Qawalla is a decentralized finance platform providing Governance Smart Contracts and transparent Explorer tools for the next generation of Exchange Traded Funds. Qawalla uses the power of smart contracts and the transparency of the blockchain to provide a unique set of tools that benefit Traditional market ETFs migrating to decentralized markets. **Exchange Traded Fund Token** (ETFT) will offer lower operating costs than traditional open-end Funds, flexible control, greater transparency, and better cost efficiency in wallets / accounts. Traditional market mutual funds have offered many advantages over building a portfolio one security at a time. QWLA sees the same potential benefits in Blockchain, Crypto, and Decentralized markets. ETFs are a traditional market feature that allows all the same benefits of an ETFT but centralized. **Exchange traded fund token:** * Traditional ETF benefits * No market hours * Can be moved from exchange to exchange freely * Can be sent from wallet to wallet freely * Full fund trading transparency on the block explorer * Can be held in Cold storage or on the Blockchain network * Generally have functionality upon the network they are built