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Digital Currency: E-Dinar  Previous Next
 

e-dinar is an internet based electronic payment and exchange system that facilitates transactions which are 100% backed by physical gold and silver. With e-dinar you can do secure, real-time and cost effective local and international transfers. e-dinar system denotes its internal units, namely in gold dinar and silver dirham. Each e-dinar electronic unit corresponds to an exact, fixed weight of 4.25 grams of pure 24k gold. Each e-dirham corresponds to an exact, fixed weight of 3 grams of sterling silver. These units are infinitely divisible thus allowing large as well as very small transactions. The physical gold and silver bullion backing e-dinar and e-dirham units are always equivalent or larger than all electronic e-dinar and e-dirham in circulation. The physical gold and silver bullion is held securely in internationally renowned bullion repositories. Account holders always have the option to exchange their e-dinars an e-dirhams into any major national currency or redeem them and take physical possession of an equivalent amount of gold dinar and silver dirham. e-dinar is incorporated in Labuan, Malaysia, as e-dinar Ltd., and in Dubai Internet City, UAE, as e-dinar FZ-LLC. The company is providing a 100% gold- and silver-backed online payment system and related exchange services.

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