What is the DBK Coin

Introducing the DBK Coin. A trustworthy, stable digital payment solution which will be used as a worldwide payment mechanism. Built with blockchain technology and coupled with DiamondBack's proprietary Trust Model. The Trust Model delivers stability, safety and peace of mind. DiamondBack provides transparency and value, along with an accepted means of exchange, bridging the best of both worlds in an empowering manner to consumers and merchants.

A Real Payment Stablecoin For The Digital World

A Real Stable-coin for Real People, the DBK Coin is a new version of ‘Sound Money’, having intrinsic value based on the fiat or crypto value used to purchase it. Easy to use, easy to adopt, DiamondBack has the potential to holds value when your fiat currency is unstable.

DBK coin is the representation of value via the immutable blockchain. DBK functions as a bridge between the cryptocurrency and fiat currency worlds, providing a safe and secure on and off-ramp for cryptocurrency.

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Why a Stable Coin?

Crypto assets are highly volatile in price. Stablecoins are designed to minimize the volatility and can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

The DBK payment stable-coin provides simplistic, stabilized, scalable, and secure means for transactions. The DBK coin is a 1:1 in cost ratio with the US Dollar. (DiamondBack Club* members may receive rewards and bonuses meant to offset and/or exceed USD inflation such that DBK’s are designed to retain their purchasing power throughout time)

    Why rare Diamond are real assets ?

  • Diamonds historically gain value over time.
  • Diamonds are easy to store and transfer.
  • Diamonds have intrinsic value.
  • Diamonds are tradeable as the commodity in the real world via the DBK coin.

About The DiamondBack Group

The DiamondBack Group is focused on creating real world inclusionary financial payment
solutions that bridge legacy systems with state-of-the-art Digital Ledger Technology (DLT).

With in-process patents and financial innovations, DiamondBack is creating a new paradigm in the digital financial world. This outside-the-box thinking blends traditional finance concepts with blockchain technology to create a financial solution that can be understood very simply if users assess the project with an open mind.

The DBK Trust Model

The DiamondBack Trust Model provides users with the assurances required to choose and utilize the DBK stable coin. It involves the integration with several top-tier financial companies that give the DBK coin users a level of trust, security, safety and transparency via the DiamondCubes. The following relationships ensure the highest level of integrity:

DiamondBack Trust Model Partners

Gemological Institute of America
The World’s Premier Grading services with respect to the quality of the individual diamonds placed in the DiamondCubes.
Rapaport Group
Premier wholesale Diamond Dealer Pricing Model of diamonds based on their size, color and clarity on each of the individual diamonds.
Lloyd’s of London
Lloyd’s is the world’s leading insurance and reinsurance marketplace, providing insurance of the DiamondCube assets.
Winchester Global Trust
Independent Third party trustee, administrator of diamond assets
Brink’s Global Services
Safeguarding DiamondCubes in secured vault facility.
PricewaterhouseCoopers
Advisory Services for DiamondBack and assurance audit (of diamond assets held by Winchester Global Trust) services provider.

Advantages of the DBK Stable Coin

Built as an ERC-20 token on the Ethereum blockchain, the DBK stable coin can easily be moved or traded anywhere in the world, 24/7.

Asset portability

DiamondBack integrates physical as well as digital storage of value compatible with blockchain platforms.

Inflation free

DBK’s digital currency may provide an inflation free alternative to otherwise volatile currencies via the DiamondBack lub rewards and incentives.

Trust

Trust partnerships with top-tier reputable organizations, building the trustworthy foundation necessary for a sustainable model.

Remittance

Send and receive digital token, with little or no cost across the world without any banks or financial institutions.

Blockchain

Built on the blockchain to achieve significant benefits, including greater transparency, enhanced security, and greater transaction speed, at reduced cost.

Transparency

GIA graded diamonds secured by a third-party trust and regular audits by renowned firms bring transparency to the Trust Model.

KYC & AML

KYC and AML of all transactions ensure compliance with best practices as applicable under various jurisdictions.

Roadmap

Implementation Sheet

March 2018
DiamondBack Holdings, Ltd. was incorporated in Bermuda in March 2018. DiamondBack Holdings serves as an umbrella organization.
March 2018
DiamondBack Acquired AlphaPoint Exchange Licenses.
March 2018
DiamondBack Holdings Ltd engaged Winchester Global Trust (Bermuda) as the Trustee for all the DBK Cubes pursuant to the Trust.
March 2018
DiamondBack Holdings Ltd engaged Willis Towers Watson, Lloyd’s Syndicate – Insured: Winchester Global Trust, Ltd as Trustee of the DBK Security Purpose Trust
April 2018
DiamondBack Holdings Ltd engaged Clifford Chance Law Firm
September 2018
DiamondBack Holdings Ltd engaged PwC as Business Advisor
January 2019
DiamondBack Holdings Ltd signed agreement with AlphaPoint, to Integrate the DBK Token on AP Exchange platform software.
March 2019
DiamondBack opened account with Brink’s for DiamondCube’s secured storage.
September 2019
DiamondBack EU license granted.
October 2019
DiamondBack partnering with Chain Analysis & Delchain
November 2019
DiamondBack Partnered with SEED Group and established a payment service provider license in Dubai, U.A.E.
December 2019
Re-affirmed Estonia E.U. license to provide financial services and exchange virtual currency versus fiat currency
Q1 2020
DiamondBack initiated a pending, to be announced partnership involving credit and debit cards, digital currency, and private settlement services as well as access to the world’s largest exchanges (as much of this as will fit)
Q2 2020
DiamondBack began filing multiple patents for business model processes and proprietary technologies
Q3 2020
DiamondBack is projected to begin sales for the first time on a public exchange
Q4 2020
Estimated worldwide launch of DBK coin sales and ecosystem, proprietary p2p b2b payment network

Management Team

The DiamondBack leadership team consists of highly experienced performance-oriented
crew of goal-focused individuals with specialized expertise.

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William Eng
CEO & Co-founder
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Ingrida Laukiene
COO & Co-founder
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Chad Olivent
President
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Brian Fisher
CSO & Co-founder
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Peter Pang
CFO

The DiamondBack Group Advisors

The DBK Board of Advisors is composed of highly experienced experts from various niches
to provide insight on various business trends to ensure DiamondBack continued growth.

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Wannipha Crypto Jen Buakaew
Blockchain Influencer
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Gaurav Dubey
Investor, Financial Technologist
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Aaron Etra, Esq
International Affairs
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Wolfgang Tweraser
International Business Development
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Darren-Matadeen & Avinash-Nagamah
Referral Marketers
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Martin-Berns
Loyalty Superstore
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Shivam Thakral
Blockchain and Cryptocurrency Architect
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Roland-Athouris
Marketing Expert
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R.J Richard
Diamond Consultant
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Patrick Graf
Payment & Reward Innovator
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Grant Spurling
Chancery Legal

Our Partners

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Our partnership with AlphaPoint integrates the DBK Coin on its software exchange platform. This partnership will allow the DBK Coin pairings to be available on these exchanges and be accessible to customers of over 80 exchanges in 35 countries

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Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.

News & Press Releases

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Contact The DiamondBack Group

Contact us with any questions regarding the DiamondBack ecosystem and Stable Coin.

  • 1200 Brickell Avenue 18th Floor.
    Miami, Florida, USA 33131
  • The H Hotel Business Tower,
    Level 17, Dubai, UAE
  • DiamondBackEU OÜ,
    Registry code 14658690
    Kinga tn 3, Kesklinna linnaosa, Tallinn,
    Harju maakond, Estonia-10146
  • [email protected]
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