Jibrel Network Whitepaper

Abstract

What is the Jibrel Network?
The Jibrel Network provides currencies, equities, commodities and other financial assets and instruments as standard ERC-20 tokens on the Ethereum blockchain.

What are CryDRs?
CryptoDepository Receipts or CryDRs are tokens representing a traditional financial asset’s value, denominated in Jibrel Network Tokens or JNT (e.g. a USD CryDR holds 1 dollar’s worth of JNT).

What can CryDRs be used for?
Fiat CryDRs can be used for remittances, global payments, trading and hedging. CryDRs can also be used to create automated and decentralized financial instruments, such as bonds, commodities, debt instruments and securities.

What is Smart Regulation?
CryDRs have smart regulation built in: real world rules and regulations translated into Solidity code and deployed on the Ethereum blockchain. Ensuring that, while decentralized, CryDRs always follow real world rules and regulations.

What is jCash?
jCash is the first currency roll-out. USD, GBP, EUR, RUB, AED, and CNY CryDRs will be made available.

Jibrel Network Website
Jibrel Network Whitepaper

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