Bhutan will launch the gold-backed TER token on December 17. The TER is tied to real gold to achieve a clear and stable value. DK Bank will be responsible for managing token sales and storing gold. The project supports Bhutan's digital plans and the broader initiatives on blockchain technology.
*A simple and stable idea*
The name TER comes from the local language of Bhutan and means "treasure". The idea of the token is based on a clear principle: each TER token is directly linked to real gold. This link gives the token a stable and transparent value. And since many continue to trust gold, this makes TER a reassuring choice for new and experienced investors.
*Strong partnerships and clear rules*
Bhutan is not working alone on this project. DK Bank, the first authorized digital bank in the country, will be responsible for managing the TER. The bank will oversee the storage of gold and the handling of token sales. This approach gives confidence to users as it complies with the rules of Bhutan's financial authorities.
The project is also based on the technology provided by the company Matrixdock, specialized in digital assets. This partnership helps Bhutan build a reliable system capable of developing in the future. With these partners, Bhutan hopes to create a secure digital market that attracts local and international investors.
*The TER token expands Bhutan's global presence*
Thanks to the TER, Bhutan seeks to open a new economic door. The token offers a way to access digital gold without having to store physical gold at home. It also enables fast international transfers, allowing investors from different countries to engage with Bhutan's financial system.
