One
of the newest crypotcurrencies on the market, YoCoin ,also happens to be one of
the most advanced and feature-rich crypotcurrencies availabletoday. YoCoin
reimagines the blockchain ledger as we know it as the currency is based on the
cutting-edge Ethereum network.
YoCoin
eliminates the need for traditional banking services. Crypotcurrency utilizes a
globally distributed network of independent, dedicated computers that can run
innumerably different types of services. YoCoin seeks to reduce the presence of
intermediaries in financial transactions and increase the amount available to
the people.
YoCoin Is Based on Ethereum
The
globally-lauded Ethereum blockchain platform is what makes YoCoin possible. It allows YoCoin to use a decentralized virtual
machine that is capable of using an interconnected network of international
public nodes to execute Turing-complete scripts. Numerous global organisations
such as Microsoft and JP Morgan Chase are developing business-friendly versions
of the underlying software of Ethereum.
YoCoin
was developed on Ethereum in order to take advantage of a globally established
blockchain which comes with incredible security features. As a result, YoCoin
harnesses the various features of Ethereum and the underlying software is far
more complex than that of industry leader Bitcoin. YoCoin simplifies the problems associated
with adopting the Ethereum platform and ensures that the cryptocurrency can be
easily adopted in every nook and corner of the world.
With YoCoin, Financial Disruption Is
on the Horizon
YoCoin
seeks to disrupt and modernise the fund management market. Before the internet
and crypotcurrencies, investment in lucrative ventures was not available or
known the general public. For example, given the chance in 2004, how many
members of the public would have invested in a nascent platform called
Facebook? YoCoin seeks to revolutionise the investment industry by allowing
everyone with an Internet connection the chance to invest in the most
profitable ventures of tomorrow.
YoCoin
seeks to match prospective investors with technologies or companies that could
be disruptive or profitable in the near future. The makers of the
crypotcurrency envision an economically inclusive world that allows everyone to
exchange goods and services without the need for a bank account.
YoCoin Offers Many Benefits
YoCoin
allows individuals to develop inviolable contracts with robust security
mechanisms that enables companies to manage large aspects of company functions
without the requirement of human involvement.
YoCoin
multi signatures are designed to provide equal rights to both the parties
involved in a business transaction without compromising on security. The code
behind the software is nigh on unbreakable, and YoCoin has the potential to be
the backbone for every type of financial transaction imaginable. Through its
globally distributed network of computers, YoCoin can be backbone for entire
national income distribution systems, completely eliminating the requirement
for banks and physical currency.
To
know more about Yocoin visit
Website:
https://yocoin.org/
Twitter: https://twitter.com/yocoin15
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