The world is becoming globalized with financial tools called cryptocurrency. Bitcoin started this change. Consequently, there now is a growing number of other cryptocurrencies available. Also, Google has plans to create its own ‘Google Coin’ in the next two years. So below are key details and support tools to help you understand how and what Cryptocurrencies are. And above all, what they mean to you.
Let us break down the basics of what Bitcoin is:
Bitcoin is the world’s first form of decentralized money and was created in 2009.
- First, these coins, tokens, shares are all sent from user to user on a peer to peer bitcoin network.
- It is Safe against manipulation by central entities, authorities, and governments because there is no middle man or bank that controls it.
Because of the decentralized structure and peer-to-peer protocol of Bitcoin; the Bitcoin network is able to operate as its own economy, without intermediaries or third party service providers.
First, with the fast pace of the blockchain, cryptocurrency growth comes risk and reward. To protect us there are regulations in place across the globe. OMINEX is the leader in this protection.
Cryptocurrency – How to Protect and Operate within Compliance and Legality Globally:
To handle this huge task, OMINEX put together the “Open Compliance Project” to support international regulations. Because new tokens (Blockchains & Cryptocurrencies) are coming out daily, this “Open Compliance Project” provides an ongoing platform and support community to keep up with this infinite space and growth. To protect users and investors Regulation and compliance is need. The number of new ICO (initial coin offering) is surpassing 20 new Token Solutions offered each day. This is where OMINEX comes in and protects consumers.
OMINEX is an e-wallet designed to be a solution to regulatory guidelines. As a result, in 2017 they took their knowledge and understandings of regulations to the blockchain and ICO (Initial Coin Offering) space. Their role in the new future is offering Compliant Token Solutions.
Solutions offered include:
OMINEX is growing and rolling out new benefits and features in their services. This is to handle the demand that new Cryptocurrency and Blockchain deployment continues to create.
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