FinTech firm creates new digital currency tied to New Taiwan Dollar

Green World Fintech Services announced the ‘Taiwan Digital Token,’ a ‘Stablecoin’ based on the Ethereum block-chain network.The new digital currency, referred to as a stablecoin, is reportedly being created using the Ethereum network, and will be called the Taiwan Digital Token (TWDT). According to reports, the value of the currency will be calculated according the NTD market, and traded according to the standardized digital rule set known as ERC20.

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