Crypto-Currency
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Why cryptocurrency could destroy the Banking Cartels
One of the greatest inventions that has great potential to empower the people of the world is cryptocurrency (e.g., Bitcoin, OneCoin ). In my opinion, cryptocurrency is one of the most important and greatest inventions since the Internet. The Internet has played a very big role for helping free humanity, because it has allowed us to freely spread information throughout the world faster than ever before. One of the first steps to freeing humanity is to educate people about the truth. The Internet has been very effective at doing this. However, it was missing one important thing, which was a system to transfer funds without the oversight of banks. When cryptocurrency emerged in 2008, it solved this problem.
Unlike traditional money and digital currency, cryptocurrency doesn’t need the oversight of any central authority entity to work properly, because it is a decentralized network based on cryptography that can achieve consensus or agreement by itself. In other words, we can securely trade cryptocurrency in a peer-to-peer method without relying on a bank to make sure the transaction is accurate and secure. These features of cryptocurrency are the reasons why it has great potential to destroy the Banking Cartels and bring financial power back to the people.
OneCoin Ltd is a global company with key markets in Europe, South-east Asia, Africa and Latin America. With worldwide operations, the company has opened offices in Europe (Bulgaria) and Asia (Hong Kong and the United Arab Emirates). The company’s commitment to growth, innovative concept and unique business strategy has led to fast expansion.
OneCoin is a digital currency, using cryptography, and created through a process called mining. Just like the serial number on a paper bill, each digital coin is unique.
When joining OneCoin, users become part of a global network of millions of OneCoin users and are able to mine the coin and benefit from its value. OneCoin is not an altcoin, which means OneCoin is not a Bitcoin alternative or clone with slight alterations; it has an entirely different structure. In the future, users will also be able to make payments and transfer money to and from any part of the world.
A key tool in tracking and tracing value, OneCoin’s blockchain has always been tailored for future-proof mass transactions. OneCoin’s new and unique blockchain (October 1, 2016) will set a new industry standard by storing Know-Your-Customer (KYC) information, run every minute and meet customer and merchant needs.
With 120 billion mineable coins and a centralized model, OneCoin can also become the biggest reserve cryptocurrency worldwide (i.e. the U.S. dollar of the crypto-space). OneCoins are easy to mine, easy to trade and easy to use. Because of the way OneCoin has structured its organization and operations, no complicated hardware or advanced knowledge is needed to mine and use coins.
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