#dusk $DUSK @Dusk
According to RBI data Indias foreign exchange reserve has rose to 709.41 billion Rupee. Forex SWAP has injected sufficient liquidity in the money market. But the big spending bill and the Chineese low overhead is creating dilemma for Rupee. Short run credit market stability and recovery is creating hope for the financial system. But the US midterm election has created a uncertainity in transacting system. The hope is mutually exclusive trade deal between the economies and economic allies like BRICs, G20, MARCSUR and EU are aggravating the leverage of interest rate differentials and thus sustaining balance of payment and balance of trade to increase monetary credibility.
Why dusk foundation----
1. Phoenix transacting model
2. Zero knowledge proof
3. Output based UTXO
4. Transparent and obfuscated transaction
5. Piecrust virtual machine
