#2 Dinar Dirham - Innovation Creates Future

Dinar Dirham is a Financial Technology (FINTECH) company that has been proven to exist for 2 years and runs the third year, and will continue to exist for 40 years even 80-100 years. Supported by the latest and most advanced technological power, Dinar Dirham delivers the solution of a financial system. In addition, there are DinarDirham products:

1. DinarCoin, sebagai digital aset yang menjadi wallet (dompet virtual) yang dapat dipergunakan setiap saat untuk dikirim kepada teman (keluarga) baik lokal atau berada di negara lain, as a means of payment to Merchant / Merchant offline and online, as a medium of exchange to other Cryptocurrency (such as bitcoin, ethereum, litecoin, zcash, etc.), and can also be converted to all existing currencies, be it rupiah, dollar, ringgit, etc.
2. Gold Smart Contract (GSC), as the system runs automatically for Minting Dinarcoin. So the owner (investor of DinarCoin) get a share from 0-15%, which is 10% in the form of DinarCoin / 30 days.
3. Dinar Dirham Wallet, as Dinar Coin storage wallet with super security guarantee.
4. Physical Gold (Physical Gold), Dinar Coin is not digital money without BACKUP, but it is Digital Asset which is its value in Backup with 24 carat pure Gold.

Why should the dinar dirham?

Because the dinar dirham can stabilize the world economy. Therefore, the fundamental question is whether gold and silver coins can overcome the weaknesses of paper currency in the present and future. There are several issues that make the dinar-dirham superior.

First, the paper currency published by each country has evol ved into a very complex financial system. As a result, currency transactions become a long and inefficient series. To be able to buy goods made in Korea, the series of money transactions is much longer than the transaction of goods. The flow of goods only includes three stages: importers buy from manufacturers in Korea and then distributed to retailers which are then sold to consumers. The money transactions that accompany it include at least five stages:

1. Producers and importers transact in the form of American dollars.
2. Korean manufacturers swap dollars into Korean won.
3. Importers exchange rupiah into dollars.
4. Retailers deposit rupiah to importers, and
5. Retailers get rupiah from end consumers.

Whereas the basic idea of using money is to simplify transactions in the real sector. If the whole world uses a dinar or denarius then the money transaction chain will be the same as the chain of trade. Second, in a floating exchange rate system, cross-border trade actors face the uncertainty of exchange rates. To get certainty, they must do a hedge or swap. Both of them incur costs. If the whole world adopts dinars then these costs will automatically disappear as the uncertainty of the exchange rate becomes irrelevant.

Third, inflation in each country tends to be strongly influenced by monetary policy. Countries that adopt a looser monetary policy tend to experience higher inflation. Therefore, the inflation rate in different countries tends to be different. If the denarius becomes the world's single currency, it is almost certain that inflation in all countries will be more or less the same. What distinguishes is the development of prices in non-tradable goods groups such as rent houses, public transport fares and barbers.

Fourth, the use of different currencies between countries may pose a danger posed by currency wars. Countries that want competitive advantage in international markets can devise strategies to keep their currency under-valued. As a result, other countries will lose trade and experience acute unemployment problems. It can then trigger a currency war that will lead to global financial instability.

If only the world had one currency, then the danger would be avoided. Fifth, countries whose currency is denominated in international trade can easily "export" inflation throughout the world. A loose monetary policy in the United States could trigger prices in world markets soaring which in turn triggered global inflation. The American government earns seniorage income from printing money, and the fare must be borne by people all over the world. America is unlikely to go bankrupt despite its mounting debts because the rest of the world provides implicit bailouts. If the world currency is denarius, all countries have the same degree in monetary field.

Thank You.