The world is becoming globalized with new instruments called cryptocurrency. From Bitcoin, to the thousands of cryptocurrencies now available. Here are some key details and tools to help you to understand how and what they are. More importantly what do they mean to you and how are you going to make it work for you?
First, Lets break down the basics of what Bitcoin represents:
Bitcoin is the globes first form of decentralized money.
- It is a store of value that is censorship-resistant
- It is immutable against manipulation by central entities, authorities and governments. With not one entity, person or control point with unequal “authority” and the Consensus verified, without anyone controlling it.
Because of the decentralized structure and the peer-to-peer protocol of Bitcoin. The Bitcoin network is able to operate as its own economy, without the need of intermediaries or third party service providers.
First, with the fast pace of the blockchain technologies, it comes with risk and reward. With everything good there is always a little bad. To protect the consumers from this, regulations are taking place across the entire globe. For instance, note that OMINEX is the leader in making this happen and 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. To clarify, 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 of the blockchain and ICO space. They hope that their role in the future is offering Compliant Token Solutions.
To handle this huge task, OMINEX put together the “Open Compliance Project” to support international regulations. However, this allows for an ongoing platform and supportive community to keep up with this infinite space of growth. Because new tokens are coming out daily, there needs to be regulation set to protect the users and investors. The number of new ICO (coin offerings) is surpassing 20 new Token Solutions each day. They need to be highly 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 in the World.
- Allowing the Users using the OMINEX WALLET to participate in new vetted ICO’s easily.
- Easily access and view the top Coins and to be able to buy/sell/aquire easily within a single Wallet.
- Paving the way of the Future and this will be the #1 User friendly Wallet and Solution for accessing and working with Cryptocurrencies.
In short, the things that OMINEX is doing is becoming larger and larger in scale and they are rolling out new benefits and features to handle the demand that Cryptocurrencies and Blockchain deployment is and will create.
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