🔈🔈 MIMO and the USDT ↔️ VND conversion model in the sandbox in Da Nang
💥 MIMO is a solution for converting digital assets (USDT) ↔️ fiat currency (VND), being deployed within a controlled sandbox in Da Nang, developed by Dragon Lab.
👑 How MIMO is operating currently
✔️ Operating in a licensed sandbox in Da Nang, valid until 17/12/2028
✔️ Non-custodial model — users keep custody of their assets; the platform does not hold custody of USDT
✔️ Enables direct conversion between USDT ↔️ VND through the system
✔️ Requires eKYC and linking a personally owned bank account
✔️ Trades are controlled within the sandbox environment and compliant with AML
✔️ Has a mechanism to issue electronic invoices for transactions within the system
💎 What MIMO will focus on next
✔️ Expanding testing in the sandbox
→ Increase the number of participating users
→ Expand the scope of practical applications within Da Nang
✔️ Improving the trading infrastructure
→ Optimize USDT ↔️ VND conversion speed
→ Reduce intermediate steps, increase automation
✔️ Standardizing KYC/AML & transaction data
→ Increase the level of control over the source of funds
→ Data to support building a legal framework for digital assets in Vietnam
✔️ Strengthening connections between banks and blockchain
→ Improve links with domestic banking systems
→ Standardize conversion procedures and electronic invoices
⚡️ In summary
✔️ MIMO is currently in the real-operation sandbox phase
✔️ The focus is on expanding testing and完善ing the system
✔️ Not a mass-market product, but rather a testing model for the future digital-asset framework
⭐️Experience link: https://mimo.dragonlab.com.vn/download?path=/invite/bdventures
🔴 Reference code: bdventures
💥 MIMO is a solution for converting digital assets (USDT) ↔️ fiat currency (VND), being deployed within a controlled sandbox in Da Nang, developed by Dragon Lab.
👑 How MIMO is operating currently
✔️ Operating in a licensed sandbox in Da Nang, valid until 17/12/2028
✔️ Non-custodial model — users keep custody of their assets; the platform does not hold custody of USDT
✔️ Enables direct conversion between USDT ↔️ VND through the system
✔️ Requires eKYC and linking a personally owned bank account
✔️ Trades are controlled within the sandbox environment and compliant with AML
✔️ Has a mechanism to issue electronic invoices for transactions within the system
💎 What MIMO will focus on next
✔️ Expanding testing in the sandbox
→ Increase the number of participating users
→ Expand the scope of practical applications within Da Nang
✔️ Improving the trading infrastructure
→ Optimize USDT ↔️ VND conversion speed
→ Reduce intermediate steps, increase automation
✔️ Standardizing KYC/AML & transaction data
→ Increase the level of control over the source of funds
→ Data to support building a legal framework for digital assets in Vietnam
✔️ Strengthening connections between banks and blockchain
→ Improve links with domestic banking systems
→ Standardize conversion procedures and electronic invoices
⚡️ In summary
✔️ MIMO is currently in the real-operation sandbox phase
✔️ The focus is on expanding testing and完善ing the system
✔️ Not a mass-market product, but rather a testing model for the future digital-asset framework
⭐️Experience link: https://mimo.dragonlab.com.vn/download?path=/invite/bdventures
🔴 Reference code: bdventures