Hey Guys today doing Week 7 homework done by Professor @gbenga.
What us TrueUSD(TUSD) ?
TrueUSD (TUSD) is also known as a stable coin currency. This is the first token created by the TUSD Trust Token platform. It provides a certificate of legal protection to prevent the embezzlement of US dollars which provides the balance of consumables. Provides complete protection against attacks of.
UC Berkeley and a former Google employee founded the Trust Token. They took a number of steps to stabilize its value, thereby maintaining the stability of TUSD. Holdings of TUSD can be distributed in the account of every bank. It is a trust belonging to many companies.
https://www.coinbureau.com/review/trueusd-tusd/
How it's work
TureUSD is also based on the Ethereum blockchain itself. This allows you to launch advanced applications. You will have to undergo authentication of kyc or AML if they are approved to get Trevo US DOLLAR online.
Once in the wallet, tokens can be transferred to a friend or used as payment, combining the benefits of fiat (stability and trust) with the cost of cryptocurrency (reduced fees and times of transfer).TUSD tokens can also redeem US dollars by sending a voice to a smart bonded address, which will inform the companies.
https://criptotendencia.com/2019/11/15/trueusd-en-review/amp/
Benifit of TUSD
•Strong legal protection ensures that they are provided by escrow accounts. Companies regularly issue verification.
•The way TUSD was established. With which you have permission to exchange that you can transfer the USD directly to the escrow account.
Cc:
@yohan2on
@steemcurator01
@steemcurator02
Hi @nitiyasingh
Thanks for attending the 7th -Crypto course on stable coins and for your effort in doing the given homework task.
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You just tried to do the homework. Kindly do enough research study concerning what's needed in the homework task. Take time to read and understand. Pick up a few ideas and then come present to us what you have learnt in a creative way.
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