No doubt the world has become a global marketplace, especially with the creation of monetary instruments called cryptocurrency. Even though Bitcoin was the first, today there are many cryptocurrencies available. We would like to share some information about cryptocurrency to help you understand the basics of what they are. Even more importantly the support tools you will need to explore the world of cryptocurrencies and what they can mean to you.
The basics of what Bitcoin represents:
To be sure Bitcoin is the world’s first form of decentralized money.
- Basically it is a “store of value” that is censorship resistant.
- Also it is immutable against manipulation by central entities, governments, and authorities. With no one entity, person or control point with unequal “authority”. Consensus verified, and without any one person controlling it.
Because of the decentralized structure and peer-to-peer protocol of Bitcoin; the Bitcoin network is able to operate as its own economy. Without intermediaries or third party service providers.
First of all blockchain technology was created to make Bitcoin viable. Certainly an ingenious invention, blockchain technology is so advanced unlike storing all your information in a Main Frame. Due to Main Frames usually being located in one place, making them vulnerable to hacking. Because blockchain technologies are advancing so rapidly there is concern about “bad players”. Unfortunately when a genius creates something so fundamentally good, someone will try to find a way to benefit themselves. So to protect consumers from the bad players, regulations are taking place across the globe. Most noteworthy is that OMINEX is the leader in making this happen!
Cryptocurrency – How to Protect It and Operate Legally and within Compliance Globally:
Assuredly OMINEX is the company you need to protect your crypto assets. OMINEX has the solutions to insure compliance of regulatory guidelines in the IPO and Crowd Funding Space. Since 2017 they have applied their knowledge and understandings of regulations to the blockchain and ICO space. No doubt cryptocurrency will continue to grow and OMINEX’s role in offering Compliant Token Solutions.
To manage this huge task, OMINEX has put together the “Open Compliance Project” to support international regulations. This will allow for an ongoing platform and support community to keep up with this infinite growth. Because new tokens are coming out daily, there needs to be regulation and compliance done to protect the users and investors. The number of new ICO (coin offerings) is surpassing 20 new Token Solutions offered each day. To be sure regulation must continue rapidly to protect the consumers. This is where OMINEX is leading the way!
Compliance solutions offered include:
- The vetting out and verifying legitimacy of the new coins offered to the World.
- Allowing the consumers (via the OMINEX WALLET) to participate in new vetted ICO’s easily.
- Easy access to view the top Coins and to be able to buy/sell/acquire easily within a single Wallet.
- Leading the Future – this is becoming the #1 User Wallet for accessing and working with Cryptocurrencies.
The solutions that OMINEX is providing is amazing in scale and they are rolling out new benefits and features to handle the demand that Cryptocurrencies and Blockchain technologies is creating!
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