USDQ Token (USDQ) is committed to developing new ecosystems in addition to Bitcoin and Ethereum. Through perfect design, it is compatible with Bitcoin's long-term technology evolution and Ethereum's virtual machine; And guided by industry applications, through the mobile DAPP development strategy, the technological advantages of blockchain are brought to different industry applications and ordinary internet users. In addition, USDQ's system focuses on the practical application of smart contracts, and will provide a compliant and open blockchain technology experimental field for traditional internet enterprises (such as finance and social media) through the design of comprehensive Oracle and Identity sections.USDQ is a digital asset based anchoring currency equivalent to the US dollar and issued with gold as the same amount of reserve.USDQ is a digital asset of Hong Kong Teda Group that uses blockchain authentication and is endorsed by physical gold. It combines the stable value storage function of gold and also has the universality advantage of all digital currencies. All USDQs will initially be released on the Ethereum blockchain through the blockchain basic protocol, so they exist as Cryptocurrency tokens. Each USDQ unit issued and circulated is supported by the corresponding Fiat money unit deposited by TEDA. According to the service terms of the USDQ Token, the USDQ can be converted into the basic Fiat money. If the holder wishes, it can exchange the equivalent spot value of Bitcoin. Once the USDQ is released, it can be transferred, stored and used just like Bitcoin or any other Cryptocurrency. The reserve Fiat money has acquired the characteristics of Cryptocurrency, and its price is permanently linked to the price of Fiat money.
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