DigiDinar Stable Token (DDRST) a digital token backed by fiat currency provides individuals and organizations within the industry with a robust and both centralized and decentralized method of exchanging value while using a familiar accounting unit.

In order to maintain accountability and to ensure stability in exchange price, DDRST proposes a method to maintain a reserve ratio between a cryptocurrency token called tethers, and its associated real ­world asset, fiat currency. DigiDinar Stable Token (DDRST) will represent the stable value of the local Fiat currency Kuwaiti Dinar KWD. This will in effect consolidate that every DDRST that is issued as a stable token will have the equivalent amount in Kuwaiti Dinar KWD in reserve in our bank accounts for every DDRST that is sold.

This method uses the Ethereum Network, Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times is an open source Ethereum based token using the ERC20 Network. Focusing on fast instant transactions utilizing stable liquidity, it is used by DigiDinar to convert users national currency to digital currencies as fast and as secure as possible using local payment methods. It is also used to trade in and out of assets without having to deal with any volatility as (DDRST) will be completely stable in price. Hence we will be backing our (DDRST) with our local Kuwaiti Dinar Fiat Currency.

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