37. Can anyone issue DW20 by mortgaging Bitcoin?

Answer: In principle, any chainless platform user who owns Bitcoin can mortgage Bitcoin to issue DW20.

Mortgage Bitcoins to a chainless system. The chainless system is a transparent centralized platform that controls the mortgage coins by user private keys and system multi-signatures. It belongs to the smart contract method. The user determines the number of multi-signatures. When the mortgage is released, it is also controlled by the multi-signature. The private key of the chainless system only plays a verification role. After the user’s private key is signed, the money cannot be transferred without the system’s private key signature. It ensures that the entire system is transparent and non-misappropriate.

The mortgaged DW20 is calculated as 1 USD, and the Bitcoin is mortgaged at the market price with a mortgage rate of 50%.

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