Trestor Foundation Provides A Solution For Greece Capital Controls
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Trestor Foundation Provides A Solution For Greece Capital Controls

THELOGICALINDIAN - Trestor is a technology nonprofit aggregation whose mission is to actualize the best able International account for money acquittal and markets The Startup is focused on accouterment a all-around and attainable money and acquittal arrangement with over 575 retail ally amid beyond 66 countries

Trestor Network, or T-net, is a decentralized peer-to-peer network. Just like abounding added cryptocurrencies, anyone who wishes to accord ciphering and bandwidth assets can become an alive bulge and advice run the Trestor network. Much like any added cryptocurrency, the arrangement doesn`t charge to address to any individual, accumulation or alignment as it runs on an algebraic code; it is set to be awful decentralized as its rules are deterministic and can alone change if a majority of the nodes accede on the proposed change.Trestor_article_2_Bitcoinist

The Trestor Network uses “4 Principles,” which are set to advice activate the customer’s confidence:

Transparency – authoritative advice attainable and attainable to accessible for scrutiny.

Answerability – accouterment bright acumen for accomplishments and decisions.

Compliance – ecology and appraisal of procedures and outcomes.

Enforcement – Sanctions for shortfalls in compliance, answerability, or transparency.

What can Trestor do for Greece?

In acknowledgment to the contempo account from Greece apropos the added basic controls preventing bodies from abandoning all their money from banks, and putting banned to how abundant money they accept admission to – award a band-aid is a affair for not alone the bodies in Greece, but all over the world. Greece has finer voted to absence on its debt to the IMF and the EU, and it is a massive defeat for Germany and the troika, which insisted there was no way out for Greece but to pay aback its massive debts. Now, Greece is adverse a abhorrent banking action and Greek citizens are acceptable beggared of accessing their funds.  Trestor is giving Greeks the adventitious to abstain the abridgement of clamminess imposed by banks while enabling them to accept a store of amount for their funds.

The Trestor Foundation exists to advice and abound Trestor Network and the Trestor Protocol. The Trestor Foundation is the alone all-around alignment positioned to advice Greeks barrier their basic ascendancy risks. Trests are the Networks bill Token. Trestor_article_1_BitcoinistTrests are private, and fast to alteration and absolutely chargeless from fees.The Trestor Foundation has created a apparatus to accord out 2000 EUR account of “Trests” to Greek citizens who appetite to acquirement Trests but do not accept admission to their euros because of basic controls. The aggregation is now signing partnerships in adjustment to authorize Retail Partner locations about the globe.

The Trestor Foundation is additionally active an Investment Program area it seeks funding. Anyone is acceptable to participate. Potential Investors can appointment any Retail Partner area and assurance a Promissory Note

Investor promises to pay 2024 EUR to “Trestor Foundation.” The Promissory agenda comes into aftereffect alone afterwards basic controls are taken bottomward and anybody allowances from such a transaction. Trestor gets to accord out “Trests” to the bodies who charge it the best and the Investors get to barrier their authorization accident arising out of the accepted political situation.

Greece is now acceptable an all-embracing abomination on the debt markets. It may accept to alpha press its own attenuated drachma currency. Meanwhile, Greece became the absolute acting arena for companies like Trestor to finer present solutions to citizens adverse government basic control.

Do you anticipate Trestor is the absolute band-aid to advice Greeks citizens escape Government Capital Control? Let us apperceive in the comments below!

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