The world is becoming globalized with Monetary instruments called cryptocurrency. From Bitcoin to the thousands of cryptocurrencies now available. Here are some key details and support tools to help you understand how and what they are, more importantly, what they mean to you.
Let’s break down the basics of what Bitcoin represents:
Bitcoin is the world’s first form of dispersed money.
- Bitcoin is a store of value that is the act of censoring.
- More importantly, it is unchangeable against handling by a central existence, authorities, and governments. With no one thing, person or control point with unequal “authority”. Therefore with an agreement of the people verified, and without anyone controlling it.
Because of the dispersed structure and peer-to-peer protocol of Bitcoin; the Bitcoin network is able to operate as its own economy, therefore, it is without a third party service provider.
OMINEX is protecting the consumers with regulations that are taking place across the globe.
With the fast pace of the blockchain technologies comes to risk and reward. With everything good, there is always the bad. Therefore to protect the consumers from this, regulations are taking place across the globe. Therefore OMINEX is the leader in making this happen because they are the ones to watch. OMINEX is backed by the engineering and solutions of regulatory guidelines in the IPO and Crowd Funding Space.
In 2017 they took their knowledge and understandings of regulations to the blockchain and ICO space. Therefore their role in the new future is offering Compliant Token Solutions. To handle this huge task OMINEX put together the “Open ComplianceProject” therefore supporting 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 done to protect the users and investors. The number of new ICO (coin offerings) is surpassing 20 new Token Solutions offered each day. Therefore they need to be regulated to protect the consumers. This is where OMINEX comes in.
Solutions offered include:
- Solutions for vetting out and verifying the legitimacy of the new coins offered to the World.
- Allowing the Users (via the OMINEX WALLET) to participate in new vetted ICO’s easily.
- Easy access to view the top Coins and to be able to buy/sell/acquire easily within a single Wallet.
- Paving the way of the Future – this will be the #1 User Wallet and Solution for accessing and working with Cryptocurrencies.
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Cryptocurrency – How to Protect and Operate whileYielding and having a binding Contract imposed by law worldwide:
- What is cryptocurrency: 21st-century unicorn – or the money of the future?
Today cryptocurrencies have become a global phenomenon. It is still somehow not understood by most people, banks, or governments. Many companies are aware of its importance.
- In 2016, you‘ll have a hard time finding a major bank, a big accounting firm, a prominent software company or a government that did not research cryptocurrencies. Or they published a paper about it or started a so-called blockchain-project.
But beyond the noise and the press releases the overwhelming majority of people – even bankers, consultants, scientists, and developers – have a very limited knowledge about cryptocurrencies. They often fail to even understand the basic concepts.
A cryptocurrency (or cryptocurrency ) is a digital asset which is designed to work as a medium of exchange. It uses strong cryptography to secure financial transactions. Cryptocurrency helps control the creation of additional units, therefore, verifying the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset).
What are cryptocurrencies really?
If you take away all the noise around cryptocurrencies you can reduce it to a simple definition. You will find it to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: this is exactly how you can define a currency.
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