When I see digital money, I see a revolutionary technique
that allows people or institutions to transfer money without prompt, secure and mediator.
Digital money can potentially expand international commerce, support, financial inclusion,
and how we can buy, save and do business, the way we probably still fully
understand cannot.
 |
| What Is Digital Currency and Why It Will Change the World |
OneCoin are
provides the effective ways to change the technology will change the world:
Fast, Cheap Bank Transfers: The way banks take money
today, it is archaic. International bank transfers can take up to a week, as
well as the correspondence bank and country-specific clearing house. Even the
cross-border,
sharing of payment data has to face the challenges and
fluttering.
His
technique collects money all over the world before finding the most effective
path between business partners, where the path could be a series of
transactions between foreign currency traders, who are in various banks, and
then together all Confirm necessary transactions.
A Boost to Global Remittances: Every year, more than $ 500 billion dollars are sent
to migrants from developing countries, this amount is more than foreign direct
investment. For the average international transfer of 6-10% to send $ 200, the
burden on some of the world's weakest people is important. The ability to help
these transfers to be faster and cheaper in technology, using virtual currency,
private users can directly send money directly to their families through mobile
phones, as well as remaining charge by currency
exchanges with fees.
Safe Money for the Poor: The explosion of
mobile technology in Africa has already been shown that developing countries
can move forward when it comes to sophisticated technology. Estimates show that
60% or more in Kenya use mobile phone credits as a medium of exchange. Anyone
with a mobile phone can deposit money there, and send a credit to another user.
The problem is that the fees are large: Cash outing has historically cost up to
20%, although the broad acceptance of credit means that many consumers can
spend direct credit without large fees.
In
such countries digital currency can be a convenient and secure form of payment,
where most citizens do not have a bank account. When using onecoin in the form of second currency in one country, citizens
will have to open the risk of a certain amount, it can be better than current
options, especially in countries with high inflation.
 |
| How Digital Money Will Change The World |
Unleashing the Potential of E-Commerce: Today, concerns
related to credit card fraud have forced many online merchants to remove good
business. Such fraud is more common in global transactions, and so many
companies do not accept international payments. Once transfer with a digital
currency cannot be made again. This reduces the risk of fraud for traders and
thus allows them to sell in the world.
Programmable Money: Programmable wealth can also have a role in more complex
contracts, such as multiple parties and complex derivatives involved financial
contracts. You can put some money in a financial contract, which will be paid
according to what the price of the stock is. A computer program can be linked
to the prices of stock from the Bloomberg terminal feed, and then, what happens
to some stocks or some combinations of stocks, different individuals get the
funds.
OneCoin is a
digital currency, based in cryptography that provides the helps in industry to
achieve the better regulation in Sofia, Bulgaria.
If
you have any questions on this topic, please feel free to reach out to us. We
would love to help you find a solution.
