What are Digital Trade Credits (DTC)?
Digital Trade Credits, or DTC, are the standardized unit of value we use for transactions. BBX members exchange goods and services with one another using DTC instead of cash.
For example, a business owner using the BBX platform can purchase things that their company needs from other members with DTC, freeing up valuable cash to be spent elsewhere. At the same time, they can earn DTC by selling their own goods and services to the BBX community. This brings in new customers, and every DTC spent eventually circles back to benefit your business.
One DTC holds the same value as one unit of local currency wherever we operate. For example, in Australia, one DTC is equivalent to one AUD, while one DTC is equivalent to one MYR in Malaysia.
DTC are not legal tender and cannot be exchanged for cash. They are best understood as a unit of accounting, where BBX acts as a central ledger and third party record keeper – recording, settling, and reconciling all transactions, ensuring transparency and trust for every exchange.