The largest banks in Iran joined forces to identify total assets on banks in the private commercial blockchain platform that could be operational by March 20th.
Stellar based blockchain The platform is said to be a natural token called PayMon (PMN), backed by 30 milligrams of 24 carats of gold worth a total of 156,581 rials ($ 3.72).
15% of the total supply of 1 billion will be offered to the public and 20% will be presented to the 'main investor fazla, which means more than 300,000 PMN institutional or large investors. The remaining 60% will be distributed monthly and 5% is planned to go to the set.
. Monthly OTC trading volumes will be traded on the Iranian Fara Bourse, which is about $ 2 billion. “
Local media reported that it was reported at a major banking conference in Tehran in late January.
The name of this chain will be translated from the English word Phoenix and the name of Kuknos is believed to be corrected by the fact that Iran's economy in the crisis will be corrected by this name. The Ministry of Economy signed a Memorandum of Understanding with the FAM, established by the Iranian Central Bank and a number of banks.
In 2009, the FAM was founded to sell the excess housing, which the bank had originally accumulated in real estate, after a residential explosion in order to sell at the moment of stagnation.
FAM General Manager,
Fon We were looking for a solution to keep these assets open and publicly available to fund funds in the bank's economic cycle, “he said.
This new community said they were sure that the solution would be in the block shop. Kuknos General Manager,
Ilan This is done we want to use assets that are not related to online trading with token çevrimiç.
Kuknos architecture.
It is thought to be operated by Stellar Forku, Iran's overseas department, Tosan, a leading supplier of banking software solutions, and Parsian, Pasargad, Mellat and Melli, the top banks in Iran.
The focus in this blockchain project is to facilitate economic development in Iran rather than international trade, or develop a measure against US sanctions. The base unit, the PMN, will be centrally supported by gold.
Source: I Trustnodes.co