Indonesian Rupiah
On The Blockchain

1 IDK = 1,000 IDR

IDK is an Indonesian Rupiah backed stablecoin

Blockchain Powered Efficiency For All

Powered by blockchain technology, users are able to enjoy instantaneous, stable and friction-less transactions. IDK intends to lead and promote financial inclusion by providing the gateway between traditional finance and the upcoming digital generation.

Border-less and Secure

IDK enables truly border-less movement of digital assets. The IDK Foundation also partners with accredited financial institutions to ensure safe custody of fiat Rupiah to back the issuance of IDK.

How does IDK Work?

  1. The IDK Foundation works with trusted merchant partners as its primary token distributors. The merchant partners may collect necessary personal information from the buyers of IDK based on regulatory guidelines.
  2. When users convert fiat Rupiah to IDK, the merchant partners will transfer IDK to the users’ ERC20 wallet of choice.
  3. Users can trade IDK for other digital assets on supported exchange partners listed on the IDK Foundation website.
  4. Users can redeem IDK to fiat Rupiah from merchant partners, who will transfer the redemption amount to the users’ bank accounts.

Whitepaper

Latest version is v1.26032019

About IDK Foundation

IDK Foundation is a nonprofit charitable trust company. The Foundation’s mission is to promote financial inclusion and technological advancement for the Indonesian economy through blockchain technologies.

Team

Yos Adiguna

Yos Adiguna is the Chair of the Board of Supervisors of the Indonesian Blockchain Association (ABI), Chair of the University Council of Sampoerna University, Chair of the Permanent Committee on International Trade at the Indonesian Chamber of Commerce and Industry, and has played a key role in the development of the blockchain sector in Indonesia.

Stephen DeMeulenaere

Stephen DeMeulenaere came to Indonesia in the year 2000 to work with financial institutions affected by the Asian Monetary Crisis. He has 25 years experience with digital currencies, and is a Certified Digital Currency Professional. He is CTO at the Qoin Foundation, and a Blockchain Social Impact Mentor in Geneva, where he organized the first major conference on Blockchain technology at the United Nations. He has worked with Blockchain projects in Australia, Europe and Indonesia.

Official Exchange Partners

And more soon

Official Merchant Partners

And more soon

Blockchain Security Partners

And more soon