Short description
Dowcoin is an Ethereum Token which has been developed using Ethereum Blockchain. At the initial stage when the ICO was launched Dowcoin was an Avergae Token, But Now Dow has Split into DOW & Dow Average Token. And now Dowcoin is a share's of Dow Blockchain Technology. Once the Dow Blockchain is ready, Dowcoin will be used as a Gas for the transactions for all the product's on DBT.
Abstract
The growth of digital currencies has led to a lot of attention and demand from traditional investors who want to invest in the new asset class. However, a lot of these investors do not know about the different digital currencies, which can be very challenging and also confusing. It gets even more complex when these investors want to be involved in more than one digital currency in order to mitigate risk and for diversification purposes. The traditional investors in the stock market diversify through index or mutual funds, which are not in the market for digital currencies. The need for a digital currency index that serves as the market indicator is apparent. That is where DowCoin comes in.