The world is becoming globalized with Monetary instruments called cryptocurrency. From Bitcoin to now the thousands of cryptocurrencies now available. Here are some key details and support tools to help you to understand how and what they are. And, more importantly, what they mean to you.
Cryptocurrency and the Blockchain
First, Lets break down the basics of what Bitcoin represents:
As you probably know, Bitcoin is the world’s first form of decentralized money.
- And, it is a store of value that is censorship-resistant.
- In fact, Bitcoin is immutable against manipulation by central entities, authorities and governments. So, there is no one entity, person or control point with unequal “authority”. Thankfully, transactions are verified by consensus, and without anyone controlling it.
As you can see, the Bitcoin network is able to operate as its own economy. So, it does not need intermediaries or third party service providers. Why? Because, it has a decentralized structure and peer-to-peer protocol. Additionally, the same is true for other cryptocurrencies like XcelTrip Tokens.
First, with the fast pace of the blockchain technologies comes risk and reward. However, with everything good there is always the bad. Therefore, regulations are being created across the globe. And, note that OMINEX is the leader in making this happen. Naturally, they are the ones to watch.
Cryptocurrency – How to Protect and Operate within Compliance and Legality Globally:
The leader in this is a company called OMINEX. OMINEX is backed by the engineering and solutions of regulatory guidelines in the “Initial Public Offering” (IPO) and Crowd Funding Space. In 2017 they took their knowledge and understandings of regulations to the blockchain and the “Initical Coin Offereing” (ICO) space. Their role in the new future is offering Compliant Token Solutions.
To handle this huge task, OMINEX put together the “Open Compliance Project” to support international regulations. This allows for an ongoing platform and support community. This is necessary to keep up with this infinite space of growth. Because new new tokens are coming out daily, there needs to be regulation and compliance. Obviously, users and investors need this protection. And, the number of new ICOs is surpassing 20 new Token Solutions offered each day. They need to be regulated to protect the consumers. This is where OMINEX comes in.
Solutions offered include:
- Solutions for vetting out and verifying 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/aquire 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.
In summary, the things that OMINEX is doing are becoming larger and larger in scale. And, they are rolling out new benefits and features to handle the demand. Why are they doing this? Because, the many Cryptocurrencies and Blockchain deployments are creating this huge demand.
So, you need to be informed about all of this. Because, opportunities are already emerging that could have a huge impact on your life. And, perhaps it could have an impact on your wallet!