Exploring DBH: A Comprehensive FAQ Guide

  1. How is the price stability of DBH maintained and who oversees this process?
    The price stability of DBH is maintained by pegging it to the BHD, The Bahrain Dinar.
  2. What safeguards are in place to protect the DBH coin from potential market volatility?
    Every DBH coin issued is backed by a 30% BHD reserve and a 70% gold reserve, providing a robust shield against market volatility.
  3. How is the profit-sharing from the safekeeping of DBH calculated and distributed?
    The profit-sharing percentage is predetermined by the oil buyer at the time of initiating a safekeeping request. It’s a binding promise – if not honored, the oil won’t be released.
  4. Are there any fees associated with buying, holding, or selling DBH coins?
    No, DBH coin holders aren’t charged any fees. Any associated costs are borne by the oil importer.
  5. What is the process for locking DBH in safekeeping and how can coins be released?
    Upon agreement, coins are sent to safekeeping and a code number is shared with the buyer. After the agreed period, the coins are released along with bonus/profit coins.
  6. How are disputes or issues with transactions resolved in the DBH system?
    The only likely dispute is a failure by the importer to deliver the promised profit share. In such a case, the shipment isn’t released. The seller then arranges a new buyer at the port where the ship is anchored, gets the money, and shares it with the investors.
  7. What is the track record of the oil producing companies involved with DBH?
    DBH has been in use for over 14 months, and hundreds of shipments have been successfully completed using it.
  8. Are there any legal or regulatory considerations for investors to be aware of?
    Yes, a consortium of companies registered under OPEC has established a regulatory body.
  9. How can investors trust the registered ships and what guarantees are there that they won’t redirect the tankers?
    OPEC oversees all movements, so there’s no chance of mismanagement. All tankers are either owned by the sellers or leased by them.
  10. How is the insurance for the ships and oil cargo handled, and who are the insurance providers?
    The insurance is handled by the tanker owners, who are usually the sellers themselves. They partner with globally renowned shipping insurers.
  11. What happens if the insurance payout in case of a calamity doesn’t cover the total amount of locked DBH coins?
    All possible calamities are fully insured – even rare ones like desert storms at sea.
  12. How does DBH plan to maintain and increase its user base to ensure liquidity and demand for the coin?
    DBH is a contained coin base. Its demand and user base will continue to grow as long as there’s demand for petroleum products.
  13. What is the future roadmap for DBH? Are there any plans for expanding its use beyond the oil trading industry?
    Expansion beyond the oil industry might be considered in the future. Currently, the focus is on meeting the high demand within the oil trading industry. DBH is not generated arbitrarily; each coin represents real value backed by GOLD and Dinar deposits to prevent inflation.