Concluded MOU With Indonesia For K&D Global Coal Stabilization
Date
8/29/2022 3:19:56 PM
(MENAFN- GetNews)
K&D Global announced that it signed an MOU with PT.MLB(Menara Lintas Bersama), in which the government Indonesia take parts, for coal tokenization.
Currently, as the war between Ukraine and Russia is prolonged, the price of natural resources is rising every day, and the price of coal is also skyrocketing.
K&D Global said,“By tokenizing coal, which is used for power generation, we will ease the crisis in the global electricity market and gradually expand the tokenization of energy resources.”
The company announced that it plans to expand a new blockchain ecosystem.
Coal traded at $176 per ton on August 19th, and the first coal token issued by K&D Global will be traded for 100 USDT at DigiFinex on August 30.
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