Our solution offers the tokenization of physical assets as a 100% physically-backed Euro token on the Ethereum blockchain.

One-to-One Cash Reserve Backed ERC-20 Token

Digital Cash GmbH developed an ERC-20 token, which is backed 1:1 by Euro banknotes. As the demand for 1:1 reserve backed stablecoins has already been proven by the market, we believe the Euro market is a significant, currently underserved opportunity for growth.

Trusted technology in crypto markets

With the emergence of distributed ledger technologies & new markets, a trusted partner in blockchain technology solutions is invaluable. The secure tokenization of assets is ensured by our technology partner, a leader in DLT/ blockchain IT development & solutions.

Powered by Ethereum Blockchain

ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. The majority of tokens issued on the Ethereum blockchain are ERC-20 compliant. As of January, 2021, more than 353,000 ERC-20 compatible tokens are found on Ethereum main network.

Ethereum is a world computer running on 7,600+ computer nodes distributed worldwide. The Ethereum network runs on a blockchain secured by miners executing a Proof of Stake consensus algorithm. Small programs called smart contracts are run in exactly the same way on each of these nodes. A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible, meaning that the integrity of the data and execution of computer-based procedure is preserved and unaltered.

DCE is issued via an ERC-20 based smart contract, ensuring that the token operates under specified rules in a computer-programmed sequence, helping to eliminate human error. The majority of digital asset trading, storage and transfer venues widely support the ERC-20 protocol, enabling immediate integration and support for our token. While Digital Cash GmbH serves as the issuance and redemption mechanism, other transactions in our token take place on the Ethereum network without the need for third-party financial intermediaries. Account balances, the supply of tokens, and on-chain activities are publically available on the Ethereum blockchain.

The contract code for DCE is available for review here:

Our promise

Digital Cash GmbH will leverage blockchain technology to provide a global payment, money transfer, trading, clearing and settlement solution that eliminates the inherent volatility associated with traditional digital assets. We will accomplish this through leveraging trusted technology (ERC-20 protocol), enhanced compliance oversight, and 1:1 issuance and redemption through ETH in Euro.

Our digital assets will bridge the technology, trust and efficiency benefits of the blockchain with the trustworthiness and stability of traditional currencies.