Community
Enabling transparency in digital assets has a new name and a new data standard:
DACIN - the Digital Asset Class Identification Number.
DACINs are issued by DACIN Registry, which operates under DACIN.org and is powered by New York based fintech startup Dacebook Digital Asset Class Data & Software Inc.
Today, 7% of digital asset class codes used so far overlap, creating huge operational risk for digital asset onboarding, risk management and processing. DACIN solves this problem by providing a standard to the cryptocommunity as well as capital markets, creating the bridge for institutional investors, digital assets, exchanges & DEXs.
DACINs are unique and future-proof with scalability into trillions of assets as well as incorporated checkers. And the best: DACINs are available free of charge to investment professionals as well as the crypto-community.
An open standard for the benefit of all market participants of the digital asset class - one step further for the institutionalization of DACs.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Andrew Ducker Payments Consulting at Icon Solutions
19 December
Jamel Derdour CMO at Transact365 / Nucleus365
17 December
Alex Kreger Founder & CEO at UXDA
16 December
Dan Reid Founder & CTO at Xceptor
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