The world’s economy is becoming more globalized with monetary instruments called cryptocurrency. You may have heard the buzz about Bitcoin, which is a major one. But, thousands of other cryptocurrencies are now available. If the concept of digital currency is new to you, it can seem complicated and overwhelming. Below are some key details and support tools to help you understand WHAT cryptocurrency is, HOW it works, and what it all means to YOU.
WHAT IS CRYPTOCURRENCY?
Let’s Break Down the Basics:
- Bitcoin is the world’s first form of decentralized money…..meaning it is not controlled by one person or country.
- Also, It is a store of digital value that is censorship-resistant, which makes it truly “the people’s bank”.
- Furthermore, it is immutable against manipulation by central entities, authorities, and governments. It has no one entity, person, or control point with unequal “authority”. It is consensus verified and without anyone controlling it.
Because of its decentralized structure and peer-to-peer protocol, the Bitcoin network is able to operate as its own economy. This means without intermediaries or third-party service providers.
However, with everything good, there is usually a downside. Due to the fast pace of blockchain technologies, there is both risk and reward. So to protect the consumers, regulations are taking place across the globe. And note that OMINEX is the leader in making this happen. Therefore, they are the ones to watch!
How to Protect and Operate Within Compliance and Legality Globally:
The leader in this area is a company called OMINEX. It is backed by the engineering and solutions of regulatory guidelines in the IPO and CrowdFunding space. In 2017 they took their knowledge and understanding of regulations to the blockchain and ICO space. Their role in the new future is offering Compliant Token Solutions.
In order to handle this huge task, OMINEX established the “Open Compliance Project” to support international regulations. This allows for an ongoing platform and support community to keep up with this infinite space of growth. Because new tokens are coming out daily, there needs to be regulation and compliance to protect the users and investors. The number of new ICO (coin offerings) is surpassing 20 new Token Solutions offered each day. And, they need to be regulated to protect the consumers. This is where OMINEX comes in.
OMINEX Solutions include:
- Ability to vet out and verify legitimacy of the new coins offered to the World.
- Users can participate in the new vetted ICOs easily via the OMINEX WALLET.
- Easy access to view the top Coins and to be able to buy/sell/acquire easily within a single Wallet.
The things that OMINEX is doing are becoming larger and larger in scale. They are rolling out new benefits and features to handle the demands of Cryptocurrencies and Blockchain deployment.
OMINEX is Paving the Way of the Future!
It will be the #1 User Wallet and Solution for accessing and working with Cryptocurrencies.
Don’t miss out on amazing new opportunities! Stay on top of the digital currency world here, as we will always be adding new information on this hot topic!
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