THELOGICALINDIAN - Todays bazaar is abounding with cryptocurrencies acknowledgment to the affluence of creating them and the acceleration in the cardinal of ICOs organized by projects both big and baby However not all of these new tokens break the issues revolving about the use of agenda currencies for accustomed affairs And again there is consistently the affair of animation which is adverse its boundless adoption
NetCents Technology Inc., a next-generation acquittal processor acknowledging both authorization and cryptocurrency payments has absitively to booty it aloft itself to break these issues. In adjustment to do so, the belvedere has created a new bread that overcomes assorted shortcomings apparent by the absolute cryptocurrencies.
The NetCents Coin allows consumers to accomplish fast and defended affairs that are absolute of any one atypical ascendancy or trusted third party, authoritative it a absolutely decentralized alternative. Earlier this month, NetCents Technology Inc. issued a whitepaper advance the NetCents Coin which it will be absolution November 30th. Download the whitepaper here.
The NetCents Coin is complete on the afterward pillars:
The NetCents Bread will be broadcast through a non-profit accomplice organization, domiciled in Switzerland; the NetCents Bread Foundation (NCCF). The addition and closing mass-adoption of the above bread will abetment NetCents in accomplishing their authorization of revolutionizing the acquittal processing sector.
The absolution of the NetCents Coin, is structured abundant abnormally than added cryptocurrencies. Unlike existing cryptocurrencies, the NetCents Coin will be issued over time from the NCCF treasury at market ante with a cellophane absolution mechanism. New bill will be appear in tranches based on the coin’s bazaar value. Any amount received from the sale of treasury bill by NCCF will abide in NCCF’s Treasury Reserve Account, where it will support the amount and armamentarium the development and connected aliment of the NetCents Coin.
100% of Treasury NetCents Coins gain in assets annual to abutment the coin
“The NetCents Bread is a accurate transaction bread and not an apparatus of speculation. A bread structured to acknowledge over time, in a controlled way with basal volatility. To accept absolute bulk with asset abetment and scalable to blot any bulk of capital. In essence, a absolute all-around blockchain based cryptocurrency to be acclimated by the masses for accustomed transactions.” – Jean-Marc Bougie, CEO, Hillcore Group
The NetCents Coin is bushing the gaps and acrimonious up area Bitcoin failed. No added unpredictability, abridgement of control, or aggressive speculation. We’re accouterment a abiding cryptocurrency, one that is broadly captivated and has affordable transaction costs.
Download the NetCents Coin whitepaper here.
