Minggu, 06 Mei 2018

WorldCoin - THE FUTURE OF CRYPTOCURRENCY IN THE MIDDLE EAST


The crypto market and the Middle East market have the recent rise of Western economic trends.

The industry has experienced unparalleled growth over the past two years. But beyond that, the Middle East is also beginning to increase its commercial sophistication. The market is so beautiful that you will find it in the state, so adoption will be easy because of the capital-rich market in many of these exchanges. Real growth will be less determined by foreign policy and more by the provision of technology, which we are very transparent. Growth in the past was limited by anti-shariah rules and physical trade restrictions. We do not want to destroy the cultural values, we want to help speed up transaction time, because that's what wise growth will become possible.

worldcoin will be a currency backed by ethereum with a dynamic mix of 15 other currencies to help improve usability in the region. Our worldcoin will be easily traded on 15 other sub-coins and vice versa, which will act as a currency to maintain its stable value relative to the broader coin market. With this micro currency, Bitcoin, which is not breeding in the region.

This instead makes PayPal's coin for local trade or for trade in the Middle East. People will know about 50% paper / gold warranty. Most banks only have 10 to 20% share, but our reserves will be held locally and internationally to ensure transparency and solvency of our transactions. Although the price of coins is not related to the currency itself, it will be supported by this regional currency, so it can strengthen regional confidence and comply with local regulations.

asset management

With delays in infrastructure changes, ICOs increases. Making investments more difficult to manage. Although many of the investors will get the desired crypto proof as part of their investment strategy. Our exchange will also support such functionality, although convertibility from one sign to another creates new challenges for investors and operators. For example, it could be a challenge for parties to allow contracts that have been used to receive new Crypto tokens as a form of payment. It also introduces more space for the implementation of bugs and security vulnerabilities. For example, recently, in DAO Token ICO, there is a big bug that distributes more marks to ETHs that collaborate with SNGLS contributors, even though they donate the same amount. Thus, it is necessary to simplify the payment procedure for token holders, merchants and network users.

WORLD TRADE

WorldCoin will display 14 individual currencies that are related to the local currency of each country. (Example 1 Iraqi dinar will be equal to one dinar.) So, to reduce instability, we will also have our easily traded tokens to WorldCoin allowing investors a safe place in the case of political instability in the region. This currency will always carry 50% cash reserves for full foreign exchange reserves. It supports investors' money with local dollars and ensures the stability of WorldCoin as a commercial network. Remember that most modern banks are required to save between 3% and 20% cash to support their real assets. That's why we got fiat banks. Our piece will go beyond that.

SAFETY FEATURES
GLOBAL PROBLEMS FROM THE WORLD WORLD

CONTEXT SECURITY.

Blockchain technology holds great promise to enable decentralized protocols, applications and organizations. Much of this enthusiasm is driven by Bitcoin and Ethereum, the main software platform in which it was built. However, we have seen $ 60 million lost from hacks in blockchain projects over the last 6 months. The latest scandal has posed high risks and challenges facing each project: the problem of how to write simple and secure code related to real money. However, no safety standards or best practices for this project will be widely accepted. There is no tool for developers to create, test, verify, and archive easily, and do it collaboratively. We believe the only way to do that is to ensure that existing and emerging projects work together and build them together. By using our OpenZeppelin library as a base, we will create a new token and token contract (WorldCoin) (WorldCoin) to be compatible with the ERC-20 tokens.

CONTRACT TOKEN.

As mentioned above, the WorldCoin Token Agreement will be based on the OpenZeppelin library. OpenZeppelin is an open source framework for building secure smart contracts. It is intended to provide secure, tested and audited code to enable a new generation of distributed applications, protocols and organizations. By using Smart Contract Solutions, we believe we can create an open financial and economic



FOR MORE INFORMATION:

WEBSITE: https://worldcoin.cash/
FACEBOOK: https://www.facebook.com/worldcoin.cash/
TWITTER: https://twitter.com/WorldCoinCash
REDDITT: https://www.reddit.com/r/WorldCoinCash/
BITCOINTALK: https://bitcointalk.org/index.php?topic=2575155
YOUTUBE: https://www.youtube.com/channel/UCowwhJBGdE_lCyHsL9a3Z5g


AUTHOR: Gunting

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