THE (R)EVOLUTION OF MONEY
Decentralized cyber currency is produced by the entire cyber currency system collectively, at a rate which is defined when the system is created and which is publicly known.
The technology that underpins cyber currencies, the distributed consensus ledger (DCL), is revolutionary. It provides complete and secure transaction records without using a central registry. This enables direct peer-to-peer transactions, eliminating the need for traditional players, namely third-party intermediaries like financial institutions or clearinghouses.
A money revolution is underway and disruption of the current financial system as we know it.
- Immediate asset transfer without any validation or waiting period delays
- Cryptocurrency removes friction and latency from transactional commerce with liquidity generated instantly and on demand.
- Security of the transaction is protected and tracked and back-office reconciliation is eliminated or vastly improved.