Overview

The blockchain revolution caused a true paradigm shift not only in the way we look at and store value, but also the purpose of that which we use as a medium of exchange. Blokchain technology can be utilised in a myriad of ways to offer services to society, the services have been termed blockchain-as a-service (BaaS). Duality Blockchain Solutions challenges itself to provide the best BaaS to existing and/or emerging markets while cultivating an internal market place that safeguards ideals like privacy, value storage and environmental impact.

Who We Are

Duality Blockchain Solutions is a tightly knit community with high aspirations. Risen from the foam of 2014’s cryptocurrency landscape, Duality Blockchain Solutions tries to bridge being a public body and wrestling with private ownership. Duality Blockchain Solutions Ltd. operates within the legal framework of a corporate entity while lending accountability to its community. By dispersing power through a decentralized organisational structure, Duality Blockchain Solutions will boldly adopt a fluid organism-like structure that will be able to evolve unlike the more rigid classical structures of corporation.

Our Passion

Duality Blockchain Solutions believes that real innovation happens on the fringe by real people with pragmatic answers and fast implementation. Our passion is to provide service solutions for man’s benefit while creating a foundation on which a currency platform can exist as an autonomous internal market that can uphold a community of people.

Our Philosophy

The onset of the blockchain revolution caused a true paradigm shift in the way we look at and store value. It makes it possible to store and exchange value in a trustless environment, value that can be ascribed to any financial instrument. Being that the world is in a disruptive transitional phase, fundamental financial problems have come to light. Next to offering services, Duality Blockchain Solutions strives to solve two major problems in our financial freedom; privacy and stability. Privacy together with stability form our two pillars for anonymous digital cash.

Privacy

Cash has always had the quality of being private and providing the ability to spend your money without someone looking over your shoulder and into your wallet. Electronic banking has removed this sense of privacy. Snooping wallets used to be frowned upon, now we idly consent to it. Duality Blockchain Solutions stands to protect a consumer’s right to transact in private.

Stability

As more consumers find their way to crypto-currencies and new waves of adopters enter the market, price can only surge. The environment of high price volatility, enticing as it may be, is highly toxic. Price stability is paramount for consumer markets and day-to-day spending. Duality Blockchain Solutions, as a platform, brings new solutions to the table and is poised to take the lead in crypto-valuation.

Enterprise Backing

It is important to have an expanding undercurrent that supports and stimulates the culture that rests upon it. Without driving market forces a stable token cannot differentiate, it needs to have purpose. Dualiy Blockchains Solution’s blockchain as a service give purpose to this positive undercurrent.

What We Do

We provide an enterprise backed digital currency that has consumer privacy at heart, can act as money, and secures purchasing power. Our organisational framework hybridises the hierarchical with an organic structure.

Crypto Assets

A major drawback of cryptocurrencies is that because they are virtual and do not have a central repository, a user’s digital cryptocurrency balance can be wiped out by a computer crash if a back-up copy of the holdings does not exist.


Since prices are based on supply and demand, and speculative demand dictates over transactional demand, the rate at which a regular cryptocurrencies can be exchanged for can fluctuate widely.

Gold Standard

A monetary system in which a country's government allows its currency unit to be freely converted into fixed amounts of gold and vice versa. The system was flawed because countries needed to hold large gold reserves in order to keep up with the volatile nature of supply and demand for currency. After World War II, a modified version of the gold standard monetary system, the Bretton Woods monetary system created as its successor. This successor system was initially successful, but because it also depended heavily on gold reserves, it was abandoned in 1971 when U.S President Nixon "closed the gold window."

Fiat Money

Fiat money is currency that a government has declared to be legal tender, but is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material that the money is made of. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith. Fiat is the Latin word for "it shall be".


Because fiat money is not linked to physical reserves, it risks becoming worthless due to hyperinflation. If people lose faith in a nation's paper currency, like the dollar bill, the money will no longer hold any value.

Fixed VS Floating Rates

There are two ways the price of a currency can be determined against another. A fixed, or pegged, rate is a rate set and maintained as the official exchange rate. In order to maintain the local exchange rate, the central organ buys and sells its own currency on the foreign exchange market in return for the currency to which it is pegged.


Unlike the fixed rate, a floating exchange rate is determined by the private market through supply and demand. A floating rate is often termed "self-correcting," as any differences in supply and demand will automatically be corrected in the market. If demand for a currency is low, its value will decrease, thus making imported goods more expensive and stimulating demand for local goods and services. A floating exchange rate is constantly changing.

Why PEG?

The reasons to peg a currency are linked to stability. By pegging a currency, it is possible to create a stable atmosphere for external investment. It takes a stronger system as well as a mature market to maintain a float. With a peg, the investor will always know what his or her investment's value is, and therefore will not have to worry about daily fluctuations.

Enterprise Backed Pegging

Pegging requires one to maintain large amounts of reserve to make a pegged exchange rate work. By coupling Dynamic supply and demand to collateral reserve, Duality Blockchain Solutions is able to grow and mature at the same rate as the market. The result is a hybrid between a floating and a pegged rate system. This will allow us to bypass the maturing phase and to grow the strong market necessary for a float market. A positive side effect is that most of the Dynamic supply will be backed by real exchangeable value.

Commodity Backing

Because Duality Blockchain Solutions runs on profit it will be possible to create a commodity reserve in the future. Commodity backing resolves another fundamental problem that crypto-currencies, up until now, have not been willing to face.

Financial Effect

There are four basic functions of money:

  1. The first is as a medium of exchange.
  2. The second is as a unit of account.
  3. The third is as a store of value.
  4. The fourth is as liquidity.

By understanding each of these functions, it is possible to see how important money is to the economy.

What is a 'Medium Of Exchange'

An intermediary instrument used to facilitate the sale, purchase or trade of goods between parties. In modern economies the medium of exchange is currency.

What is a 'Unit Of Account'

Unit by which value of a thing is accounted and compared

What is a 'Store Of Value'

Any form of commodity, asset, or money that has value and can be stored and retrieved over time. Possessing a store of value is an underlying basis for any economic system, as some medium is necessary for a store of value in order for individuals to engage in the exchange of goods and services. As long as a currency is relatively stable in its value, money (such as a dollar bill) is the most common and efficient store of value found in an economy.

What is 'Liquidity'

Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price.

Are Crypto-Currencies Money?

Following the above definitions from http://www.investopedia.com/, it is easy to see that current crypto-currencies cannot be accounted for as money. Duality Blockchain Solutions will work to bridge the gap between the functional requirements of money and present technological standings. The result that follows is outlined in the table below.


Fiat Gold Bitcoin Sequence Dynamic
Functions Of Money
Medium Of Exchange
Unit Of Account
Stable Storage Of Value
Liquidity
Value Density
Value Backed N/A
Commodity Backed* N/A
Intrinsic Value*
Characteristic Of Cash
Fundamentally Anonymous

* Future pursuit


Obviously Sequence and Dynamic are both mediums of exchange and units of account. Stability and liquidity, however, are only possible for Dynamic. Dynamic will be hedged by both Sequence and Bitcoin to stabilize its rate of exchange. Liquidity will be granted to the market if a large volume acquisition occurs.

The term ‘value density’ is a way to describe the distance to the value that underlies the medium of exchange. Commodity backing is one of the goals that we will pursue with precious metals being the most obvious choice, perhaps even represented by crypto-tokens.