DEALSHAKER TRADING PLATFORM + IPO: WHAT IS IT AND WHAT TO DO ABOUT IDEALSHAKER TRADING PLATFORM + IPO: WHAT IS IT AND WHAT TO DO ABOUT I

ONECOIN COMPANY IN THE PERSON OF ITS CREATOR AND VISIONER DR. ROUZHI Ignatova ANNOUNCED ON JANUARY 15, 2017 THE LAUNCH OF THE DEALSHAKER TRADING PLATFORM, AS WELL AS THE BEGINNING OF THE PROCEDURE FOR PREPARING THE DISTRIBUTION OF THE COMPANY. THIS IS WITHOUT Doubt – SIGNIFICANT NEWS THAT WILL SIGNIFICANTLY CHANGE THE PACE OF THE COMPANY’S DEVELOPMENT AND ITS PERCEPTION IN THE WORLD AS AMONG PARTNERS AND DISABLERS. THE COMPANY IS GRADUALLY TURNING IN ITS DEVELOPMENT INTO A ROCKET WHICH, AS EVERYONE KNOWS, TAKES UP VERTICALLY!

CAN YOU SEE NEW OPPORTUNITIES FOR YOURSELF?

I will not burden this article with various technical points on how to take advantage of these new opportunities. It is not yet time to talk about this, since these moments will be voiced in detail by the company itself in the very near future, as soon as they are ready for disclosure to the general public. My goal today is to take a general look at these two new directions and allow you to better understand what it is and what to do about it!

First, it should be noted that it is necessary to separate the company itself and the products it produces. From the point of view of investors, these are somewhat different things, which will be evaluated in different ways, although, undoubtedly, they are closely interrelated.

ONECOIN PRODUCTS

The OneCoin company produces different types of products: both paid (training packages) and free (cryptocurrency), which can be obtained by purchasing training packages and receiving free tokens, and, along with them, the right to mine cryptocurrency.

Let’s turn our attention to cryptocurrency as an asset. Currently, this asset, although it is gaining its popularity among the most diverse segments of the world’s population, nevertheless, is still an extremely high-risk asset in the eyes of many investors. And, although the OneCoin cryptocurrency over the past two years has shown a constant increase in its quotes, everyone is hearing completely crazy fluctuations in the BitCoin rate, and this creates fears for many that when OneCoin goes public, such metamorphoses will begin to occur with the rate of its cryptocurrency.

The company is well aware of this and is working hard to create a solid foundation on which the value of the cryptocurrency, and, consequently, its price will be based. This foundation is the liquidity (or usability) of the cryptocurrency. Therefore, the launch and development of the Dealshaker trading platform is an absolutely necessary and extremely effective step towards popularizing cryptocurrency and increasing its value. And only when this trading platform gains a critical number of traders (1 million according to the company’s plans by the end of this year) and will constantly generate a certain number of transactions with this cryptocurrency, only then it will be possible to say that the foundation for the liquidity of the cryptocurrency has been created, and on on its basis, it will be possible to launch new ways of using this cryptocurrency (for example, a global payment system).

And I have no doubts that the company will fulfill its plans and even exceed it: in the first week alone, almost 3,000 merchants have connected to the trading platform. And the pace of their connection will only grow. Of course, the main driver for the development of this platform will be, first of all, Asian countries, where the company has the greatest concentration of partners. Other countries will gradually catch up.

A trading platform is not just a platform for meetings between sellers and buyers, it is also a large number of accompanying functionality that will ensure its normal operation. One of such important elements is the OneForex forex platform for quotation and conversion of OneCoin cryptocurrency into all currencies of the world. Of course, this will not happen immediately: new currencies will be added gradually, but the fact that this is absolutely necessary is a fact. And the company is also working hard on this!

ONECOIN COMPANY AS A LEGAL PERSON

If we take the OneCoin company as a legal entity, as a business that has value and value in itself (brand power, for example), then a large field for investment opens up here as well. And the placement of shares through an IPO, to which the company decided to go, will just satisfy the demand from those investors who may not be interested in cryptocurrency as an asset.

It should be understood that many serious investors (both individuals and large investment funds) are extremely conservative in the instruments they use to form their investment portfolios. They are often bound by some of their own internal limitations and biases, so they will prefer not to invest in cryptocurrency, but will simply watch the development of this modern phenomenon.

On the other hand, shares, as a tool, are perceived as absolutely normal and are of interest even for the most conservative investors for a number of reasons, the main one of which, of course, is the fact that before entering an IPO, a company undergoes a rigorous audit of all its businesses. processes for their legality, relevance and prospects. All this creates a solid perception of the company in the traditional plane, where laws are in force that have been tested for decades and have shown their applicability and economic meaning.

Many people are interested in the question: what is an IPO?

IPO (Initial Public Offering) is an initial public sale of shares to an unlimited number of persons. The IPO procedure itself is very complicated and expensive, so only those companies that are already well “on their feet” (financially) and have great ambitions in terms of their own development go for it. Entering the stock market with its shares, the company becomes recognizable and gets the opportunity to significantly increase its authority and the strength of its brand. The flip side of this coin is that any miscalculations in the company’s activities and negative news about it can lead to sharp fluctuations in the value of its shares.

So what is the IPO procedure itself?

It consists of several stages:

1. Preliminary stage: At this stage, the company critically analyzes both its financial and economic position and the organizational structure and structure of assets, as well as information and financial transparency, corporate governance practices and other aspects of its activities. As a rule, independent audit companies are actively involved in this process. If in the course of this analysis any shortcomings are revealed, then they are eliminated to the maximum at this stage in order to exclude their negative impact on the company’s image and the value of its shares in the future.

2. Preparatory stage: This stage includes the selection of a team of IPO participants (trading floor, consultants, brokers, underwriters), various formal documents are drawn up, an Investment Memorandum is created (with information for investors to make a decision), an advertising company is launched (including road show) to increase the interest of potential investors in securities.

3. Main stage: During this stage, bids for the purchase of shares are collected directly, the price is determined (if it has not been determined in advance), bids are satisfied and the results of the public offering are summed up.

4. Final stage: This stage characterizes the beginning of the circulation of shares and the final assessment of the effectiveness of the IPO.

As you can see, this is not an easy procedure, therefore very few companies (even quite large and financially stable ones) decide on it.

For OneCoin, the IPO is an important step in increasing its brand strength and recognition among the world’s largest companies. This will undoubtedly attract the attention of many new investors to it, who have strict internal instructions regarding the minimum standards according to which decisions are made to channel a part of free funds into certain investment instruments. Therefore, this stage in the development of the company can only be welcomed!

Currently (about 15 months before the actual listing on the stock exchange) the company actually announced an advertising campaign (road show), and it is doubly pleasant that all of us, OneLife partners, are included in the audience of those potential investors for whom the company has decided to offer the right to buy their shares on very favorable terms during February 2017.

OneLife partners will have the right to convert their coins into special certificates, which will give them the right in the future to become owners of shares in double the amount compared to those who will do so starting in March 2017.

I will not agitate or dissuade you from this, since this is a personal decision of each partner, but the fact that the company consistently and systematically implements its strategy instills confidence that this company has a future, and it forms it very carefully, trying to take into account the interests both their current partners and those who will join it in the near future!

JOIN BEFORE THE WHOLE WORLD JOINS!

OneCoin cryptocurrency is a complete ecosystemOneCoin cryptocurrency is a complete ecosystem

WILL YOU BE ABLE TO SEE VALUE IN THE ONECOIN ECOSYSTEM?

Since its launch in 2014, the mission of OneCoin has been and remains unchanged: it is to create a cryptocurrency for mass use, which will provide access to any person (regardless of location and social status) to a variety of financial services. OneCoin empowers billions of people around the world by offering confidence, security, and the power to make their own financial decisions.

The mission is undoubtedly large-scale and very ambitious, and for its success, very radical and bold decisions are required. And the decision that was made by the management of OneCoin is the development and implementation of an ecosystem that is designed to create the maximum benefits and convenience for all (current and future) users of the OneCoin cryptocurrency.

WHAT IS THE TRUE VALUE OF THE ECOSYSTEM?

Cryptocurrency itself has no value. This is a virtual product, a set of specific code. Its value manifests itself only when people appear for whom it provides new conveniences from its use. Therefore, everything in the cryptocurrency industry is driven by the desire to create these unique conveniences and benefits. And the more there are, the higher the value of the cryptocurrency will be, and the growth of the coin’s value directly depends on this.

OneCoin is not the first company to take the path of building an ecosystem around its core product. Everyone has heard of the successful example of Apple, which was the first to show the world an example that the success of a product largely determines the set of conveniences and benefits that are available to buyers of this product. And then a very high price can be set for the product: people will still buy it, because they understand that they are not buying just a specific product, but they are getting access to a whole new virtual world, the value of which is very difficult to overestimate. And now, as a result of this amazing experiment, Apple has the largest capitalization in the world – over $ 150 billion!

There is also a second important circumstance here: having made his ecosystem popular, the manufacturer can subsequently introduce new virtual products and utilities into it, set a meager price on them and still receive huge profits, since there will be a huge number of users of these products.

OK, YOU SAY, THE MANUFACTURER WILL BE IN CHOCOLATE, WELL AND ME, AN ORDINARY USER, WHAT OF THIS?

First, you get a high-quality and useful product for you at an extremely low price. And secondly (and this is your main interest here, at OneCoin), the network effect begins to work. What does it mean? You all know that OneCoin recently created a new subsidiary brand, OneLife. OneLife is responsible for building and working with a network of users. The company once stated (and intends to adhere to this) that the networks that you, as partners, build, can subsequently be monetized many times, distributing with their help those digital (or physical) products that will be created in the future!

Can you hear me well? I will say in other words, once having worked hard and creating your network of partners, in the future you will receive a unique opportunity to receive passive income from the sale of numerous new products that OneCoin will launch in its ecosystem !!!

I repeat once again, BUILD ONCE AND GET INCOME CONSTANTLY! Isn’t this a tremendous advantage of our system!

SO WHAT IS THE ONECOIN ECOSYSTEM?

The complex ecosystem around the OneCoin cryptocurrency is currently under active construction. OneCoin is proud to announce that its partners can already choose between a growing number of OneCoin services: education, innovation, payments, exchange, business applications, trade and investment, entertainment and games, and much more.

In its final form, this ecosystem will include the following blocks:

OneLife Network: The OneLife Network is a community of people who understand the power of innovative financial services that enable them to make payments and transfer money around the world without intermediaries. The OneLife network allows you to mine coins, use them, benefit from their value and from a number of other OneCoin products.

OneAcademy: OneAcademy is pure innovation! Using games and a well-structured curriculum, students always achieve the best results based on a variety of sources of knowledge delivered by highly professional professionals on a user-friendly platform. The learning process is simple and interactive. It is built not only on the topics of cryptocurrency, finance and trading, but also on achieving financial success in general!

OnePay: OnePay is a unique electronic money transfer solution. An electronic wallet is automatically created for each client from the first day they join OneCoin.

OneCoin Exchange: This is the company’s internal exchange, to which partners have 24-hour access, 5 days a week (except Saturday and Sunday), where coins can be mined, bought and exchanged for euros.

One Forex: This is a unique electronic platform that is designed for traders of any experience! It gives various investors a chance to get into the foreign exchange market 24 hours a day, 5 days a week. One Forex is the first exchange where you can trade your OneCoin against the world’s major currencies! With One Forex, even a beginner can trade and invest like an exceptional professional!

CoinCloud: This platform will meet the needs of all OneCoin partners looking for optimal solutions for the secure storage of sensitive data and private Internet access in one simple and unique application.

OneWorldFoundation: ОWF is committed to bringing positive change in the lives of children through voluntary donations. The company believes that all children and young people should be able to fulfill their potential and develop their talents, enrich their knowledge and improve their skills. The company hopes that by supporting children and the society in which they live, they will be able to become confident and successful people in the future.

CoinVegas: CoinVegas is the first online crypto casino to offer entertainment for those who would like to use their OneCoin crypto coins and take advantage of a wide range of online games, including multiplayer!

Merchants: The marketplace, which, according to the company’s plans, will fill more than 1 million online stores in the next two years, and will become the largest in the world!

Investment Funds: Investment block – currently under development.

HOW WILL THE ECOSYSTEM EFFECT WORK?

All this is intended to increase the value and usefulness of OneCoin cryptocurrencies for their users and, undoubtedly, will become a powerful driver of demand for this cryptocurrency around the world. The company already has prepaid orders for the number of coins, almost 2 times more than it has already mined! That is why the waiting period for coins from mining has lengthened so much: from several weeks to several months! But the new blockchain, to which the company will switch from October 1, 2016, will mine coins 50 times faster, and all already prepaid demand will be promptly satisfied! And then the ecosystem effect will really start to work and create new demand for coins in order to accelerate the further growth of the market capitalization of OneCoin.

DO YOU STILL DOUBT ABOUT THE FUTURE SUCCESS OF THE ONECOIN ECOSYSTEM?

What we will all see has already been “tested” by Facebook, and, therefore, has become an incredibly popular and global network: a user, having connected to this network, does not have the slightest urge to leave it later: this is simply inappropriate, since the network includes into himself all his friends and provides everything he needs and everything that interests him! This is how true loyalty not imposed by anyone is born! The person realizes that he has found a place where all his needs will be satisfied, and he naturally decides to stay!

This is something that OneCoin has to repeat, only on a new, more high-tech level!

CONNECT BEFORE THE WHOLE WORLD CONNECT TO US!

OneCoin’s Transition to the New Blockchain: A Big Step ForwardOneCoin’s Transition to the New Blockchain: A Big Step Forward


OneCoin’s Transition to the New Blockchain: A Big Step Forward

During the global events in London – COINRUSH – 11 JUNE 2016 COMPANY ANNOUNCED ONECOIN whole set of exciting news, chief among them was the news of the impending transition to a new, much more powerful BLOKCHEYN that will solve the whole complex “growing pains”, which inevitably APPEAR WHEN THE COMPANY’S GROWTH RATE EXCEEDS ALL PRE-PLANNED LIMITS. THE RATE OF GROWTH IN THE NUMBER OF PAID PARTNERS HAS BEEN MUCH HIGHER THAN INITIAL FORECASTS. IN FACT, AFTER THE REVISION OF ITS GROWTH STRATEGY, THE COMPANY IS GOING TO A NEW START, BUT ON A SIGNIFICANTLY HIGHER AND TECHNICAL EXCELLENTLY EQUIPPED LEVEL!

WHAT CHANGES ARE COMING FOR USERS IN CONNECTION WITH THE NEW BLOCKCHAIN?

In this article, I will analyze the situation that has developed in OneCoin at this stage of its development, and will consider in detail all the features of this bold decision, which is designed not only to provide optimal solutions to the current “growth difficulties”, but also to raise the OneCoin brand to a fundamentally new level of development. , capitalization and popularity.

WHAT IS THE CURRENT SITUATION LIKE?

The current OneCoin blockchain, which was created and launched together with the company in 2014, has the following parameters:

– Coin mining limit is set at 2.1 billion coins;

– The blockchain update rate is 1 time per 10 minutes (as with BitCoin), i.e. any transaction that will be made with OneCoin coins will take about 10 minutes to confirm;

– Coin mining speed – 10.000 coins every 10 minutes (60.000 coins per hour, 1.44 million coins per day, more than 500 million coins per year).

WHAT ARE THE TOPICS IN THE FOCUS WHEN DEVELOPING THE NEW BLOCKCHAIN?

The mining principle of OneCoin, which is currently in effect and will not change, is as follows: The partner purchases a package, receives tokens on the account, sends these tokens for mining, waits for a certain time, and, ultimately, receives his coins.

TOPIC # 1: EXTENDING THE WAITING PERIOD FOR COINS

Due to the incredibly rapid increase in the number of partners over the past few months, the waiting period has increased from a few weeks to several months. This caused discontent among a huge number of people and led to increased pressure on the company in order to resolve the issue. But, since it is technically impossible to speed up mining in the current blockchain, it took radical steps in this direction to cut this “Gordian knot”. The option with artificial growth retardation (temporary suspension of registrations and sale of packages) was also considered, but was declared untenable, since it would cause serious reputational damage to OneCoin.

TOPIC # 2: BLOCKCHAIN ​​UPDATE RATE

The second point, which was very carefully studied by the company in connection with the imminent launch of a trading platform for selling various goods and services for OneCoin crypto-coins, was the current blockchain update rate – 10 minutes.

After deep research of this issue, I realized that this speed does not meet the needs of future buyers on this trading floor. Very few people will be willing to wait 10 minutes to confirm their purchase with crypto coins. This will also entail reputational risks for OneCoin and can become a serious inhibiting factor for the dynamic development of the trading platform.

The management of the company understands that this circumstance, in view of its special importance, in no case can be neglected, since it is the trading platform, which over the next 2 years, according to the company’s plans, will be filled with 1 million online stores from all over the world, will become the world’s largest a trading hub and, as a result, will raise the power of the OneCoin brand to incredible heights. Therefore, the vital need for a significant increase in the speed of blockchain updates has become apparent.

THEME №3: LIMIT FOR MINING COINS

The third, very important point that was discussed in the process of defining the parameters of the new blockchain is the limit for mining coins. In the process of discussing this issue, first of all, the following two factors were taken into account: 1) A large number of coins are currently sent by partners to the irrevocable CoinSafe deposit (i.e. temporarily frozen) with a decent benefit for themselves; 2) A lot of partners consider investing in OneCoin crypto coins as a long-term investment and do not plan to sell or use their coins as a means of payment in the next few months, expecting a significant increase in the value of coins on the exchange. All this currently “binds” most of the coins and does not allow them to be in free circulation, which, of course, will create in the foreseeable future the problem of an acute shortage of liquidity for traders. This can slow down the process of connecting online stores to the marketplace.

In addition, OneCoin’s plans are extremely ambitious and cover the entire globe. In the future, as the strength of the OneCoin brand grows, one can also expect that these crypto coins, being immune to inflation and dynamically growing in price, will become part of the gold and foreign exchange reserves of many countries, and a very large number of coins will also be temporarily withdrawn from circulation. The status of the OneCoin cryptocurrency, as another world reserve currency, will become the absolute apogee of its development and assertion of itself in the financial world. Strategically, this circumstance also had to be taken into account when creating a new mining algorithm for coins and determining a new mining limit.

TOPIC # 4: ACCOUNTING THE IDENTIFICATION DATA OF PARTNERS

And one more moment, which was in the focus of attention, is the correct registration of identification data on the accounts of partners within the framework of the “Know Your Client” procedure. At present, it is already obvious to the vast majority that a cryptocurrency without proper user identification has no serious chances of becoming generally recognized and legalized around the world. But even the way this data is stored will matter in the future, which is why OneCoin has chosen the most advanced option here.

WHAT ARE THE PARAMETERS OF THE NEW BLOCKCHAIN?

So, after lengthy discussions within the company, the following parameters of the new blockchain were determined:

– The limit for mining coins is set at 120 billion;

– The blockchain update speed is increased 10 times (from 10 minutes to 1 minute);

– The speed of mining coins will increase 50 times (50,000 coins will be mined every minute – 72 million per day, that is, after the launch of the new blockchain, OneCoin will daily mine 5 times more coins than was mined in the BitCoin system for everything 7 years of its existence !!! );

– For the first time in the history of cryptocurrency development, user identification data will be written directly to the blockchain! By doing this, the company itself closes the possibility of manipulating user data, because, as we already know, what is recorded in the blockchain cannot be faked and can not be corrected!

AND WHAT WILL HAPPEN NEXT?

The new blockchain will be the largest, fastest and most informative in the history of cryptocurrencies! It will start working on October 1, 2016 and will create new unique competitive advantages for the OneCoin cryptocurrency, as well as allow it to very quickly increase its capitalization and continue its large-scale distribution around the world! Most of the questions that have accumulated to date, and the “growth difficulties” will be successfully resolved, the start-up stage will be completed and a completely new stage in the development of OneCoin will begin – the stage of transition to mature development.

Engine power will increase fantastically, so you can safely press on the gas! It is highly likely that soon after the launch of the new blockchain, the capitalization of OneCoin will increase so much that it will exceed the capitalization of BitCoin!

WHERE IS THE BENEFIT FOR US, THE PARTNERS OF THE ONECOIN COMPANY, FROM THE NEW BLOCKCHAIN?

THE COMPANY DECLARED THAT DURING THE TRANSITION TO WORK IN THE NEW BLOCKCHAIN, THE NUMBER OF COINS OF ALL PARTNERS WHO JOINED THE COMPANY BEFORE SEPTEMBER 30, 2016 WILL BE DOUBLE !!!

This is a one-time and very generous gift of the company to its partners who have contributed, contributes and will contribute to the growth of its image and popularity, as well as its distribution around the world!

JOIN THE FINANCIAL REVOLUTION!

Cryptocurrency and blockchain versus banks: the global battle has just begunCryptocurrency and blockchain versus banks: the global battle has just begun

 

CRYPTOCURRENCY AND BLOCKCHAIN ​​HAVE APPEARED A LITTLE MORE THAN 7 YEARS AGO, BUT, AS AN ASSET, HAVE ALREADY STRENGTHENED IN THE WORLD SO THAT ARE READY TO CHALLENGE THE BANKING SYSTEM AND SUSPEND HARD WORKING FOR MUSHROOM. AND THIS BATTLE PROMISES TO BE EXCITING DUE TO THE VERY SERIOUS WEIGHT AND THE GLOBAL AUTHORITY OF THE RIVALS.

WHO – BANKS OR CRYPTOCURRENCY WITH BLOCKCHAIN ​​- HAVE MORE CHANCES TO WIN?

Bankers have been very comfortable for many decades. They created their own virtual economy, which is largely self-contained and meets the interests of its creators very well. Therefore, bankers are conservative by default: they do not need to set up risky experiments and change what already, in their opinion, works well. But a significant part of the rest of the world’s population has a different opinion and wants change. And cryptocurrency with blockchain can be used as a very powerful weapon in the upcoming redistribution of the world!

The world banking system has been forming for several centuries and, to date, it looks like this: Each country has a certain number of banks (both state and private), which provide various types of banking services to the population and companies. These banks are managed and controlled by central banks, and central banks are managed by international central banks (such as the International Monetary Fund (IMF) and the World Bank (WB)). In turn, the IMF and the World Bank are subordinate to the Bank for International Settlements, which stands at the top of the banking pyramid and has supreme power over the current banking system.

Almost every country has its own currency and its own payment system, which is managed and controlled by that country’s central bank. But there are also reserve currencies (such as US dollars, euros, etc.) that are in circulation all over the world, although they still circulate within the payment systems of their issuing countries. And this whole huge structure with a large number of regulatory bodies and intermediaries looks less and less effective and expedient.

Until recently, no one questioned its effectiveness and feasibility for lack of an alternative. But, with the advent of cryptocurrency and blockchain, on the basis of which the cryptocurrency functions, many asked the question: “How necessary are all these numerous intermediaries and overseers, who, in the end, are“ freeloaders ”and are quite expensive, drawing off significant financial resources that could be used for the economic development of many regions of the planet and improving the lives of a large number of people? ” The question is, in fact, very difficult, but once posed, it can no longer be removed from the agenda until an intelligible answer is found.

And the search for this answer was engaged in a variety of organizations, including the “Supreme Commander-in-Chief” of the banking system of the Bank for International Settlements. This bank issued a 24-page document in November 2015, which contains a fairly detailed study of the impact of digital currencies on the global banking system. The authors of this study acknowledge that, although digital currencies have not yet reached their maturity, the principles on which they function (freedom of movement of unlimited finance, absence of intermediaries, impossibility of fraud and counterfeiting, low cost and high speed of transactions, etc.) ), and especially the technology of the distributed ledger (blockchain) in the coming years may call into question the need for the continued existence of central banks and banks in general! Of course,The only question is whether banks will be able to regroup and find themselves (i.e. survive) in the new realities!

Some of the central banks (for example, the Central Bank of Barbados) are already seriously considering the possibility of including digital currencies in their gold and foreign exchange reserves, realizing the growing value and absolute liquidity of this asset. The main point that does not yet allow this decision to be made is the extremely high volatility (rate fluctuations) of this asset to traditional currencies.

If a cryptocurrency appears in the world that has a stable exchange rate, then there is a high probability that after some observation of it, the central banks of many states will begin to include it in their reserves, thereby reducing their dependence on the state of the economies of the states issuing generally recognized reserve currencies.

So let’s take a look at where cryptocurrency and blockchain will hit banks the most:

1. Cryptocurrency is ideal for international payments

In banking practice, a huge number of national payment systems still operate, which function quite effectively when you need to transfer money within one specific country. Problems begin when the payment crosses the borders of a state or several states. The fact is that there are still many problems in the interaction of individual payment systems with each other. Cryptocurrencies do not recognize any boundaries at all: their concept is initially global, i.e. no matter where the sender and the recipient are geographically located, the transfer will be carried out almost instantly. The main current problem here is the subsequent conversion of the cryptocurrency to the local national currency. But in the near future this problem, I am sure, will be solved.

With a high degree of probability, I can argue that, in the end, banks will lose their entire payment business, and companies like Western Union will simply cease to exist. No one in their right mind and sober memory would want to pay crazy fees for a money transfer service, which, moreover, can travel from sender to recipient for several days! With the help of cryptocurrency, payments will become almost free and almost instant.

The cryptocurrency will cover a huge market of people (over 2 billion) who are currently deprived of banking services, because banks are simply not interested in them. This huge mass of users will strengthen the credibility of the cryptocurrency so much that banks are fully aware of their inferiority and archaism.

2. Cryptocurrency as a high-tech alternative to the US dollar

Much of the banking system is built on the hegemony of the US dollar. The United States has been issuing its own currency for over 100 years (since 1913, when the Federal Reserve was created) and receiving huge revenues, primarily from the unlimited export of this commodity. After 1971, when the gold and foreign exchange standard was canceled and all countries agreed to quote their national currencies against the US dollar, the real golden age of the dollar began.

But nothing lasts forever. Cryptocurrency has come to squeeze out this global asset, which has been in a monopoly position for too long and uncontrollably. He will have to make room, and it is not yet clear how this will affect the banking system. But it is already obvious that a serious breakdown in the dollar economy may begin. Many countries have large reserves of the American currency in their gold and foreign exchange reserves, but they are not very happy with this and intend to further diversify their assets. The near future will show how deep these processes will be.

3. Blockchain will allow to raise peer-to-peer lending to new heights

This newly emerged tool allows for person-to-person financing, bypassing banks. So far, this system is relatively small and not very well developed in terms of financial risk control, but in the next couple of years, and not without the help of blockchain technologies, everything will definitely change radically. And banks need to watch this very carefully so as not to lose their credit business.

4. Blockchain is able to create an effective alternative to SWIFT

This is another area where cryptocurrencies can undermine banks. Here it is necessary to tell what SWIFT is. SWIFT is the global interbank financial telecommunications community. Introduced in the 70s of the 20th century to replace telex transfers with electronic ones, SWIFT was created by the global banking system as a network for the secure transfer of funds. SWIFT provides financial institutions with a network through which they can send and receive information about financial transactions in a clear, reliable and secure system. And most banks use it to send money. As of September 2010, more than 9,000 financial institutions in 209 countries were sending and receiving on average over 15 million messages per day, up from only 2.4 million in 1995.

Since at present this system has no alternative in the world, i.e. maintains a monopoly position for many years, the tariffs that it sets are by no means low. And as soon as a worthy alternative appears, many banks, for sure, will want to use it. And this alternative could well be created using cryptocurrency and blockchain.

Realizing the seriousness of the threat, SWIFT is currently thoroughly studying blockchain technologies, but is in no hurry to adopt them, considering that the blockchain still has too little trust, and the main advantage of the SWIFT system is precisely the trust in the network that it has built.

In addition, there is an interest in creating an alternative system of international bank payments, which is already being shown by many countries, in particular the BRICS countries, as well as Iran and Kazakhstan outside of it. Russia is also interested in such a system, and this is almost 800 banks. China has already launched its CIPS (Chinese International Payment System) international bank payment system.

In order to maintain its influence on the global financial market, it is time for SWIFT to offer its users something completely new. Probably, the time has come to reconsider your attitude to distributed ledger technology.

In any case, a global battle is envisioned in the next few years. And the cryptocurrency with the blockchain acts as an attacker in it: the banks will be dealt several extremely weighty blows.

Will the enemy stand? Will he be knocked down or will there be a complete knockout?

It is very difficult to predict now, but one thing is clear: these blows will shake the very foundations of the banking system. For too long, she acted as a fat cat, who had plenty of food and no stress. Now the rules of the game are changing rapidly. And either the banking system will begin deep and thorough work on its restructuring and optimization, or really a knockout is just around the corner!

Who Needs OneCoin Cryptocurrency: 5 Ways To Use ItWho Needs OneCoin Cryptocurrency: 5 Ways To Use It

 

CRYPTOCURRENCY AS AN IDEA IS VERY YOUNG. SHE EXISTS A LITTLE MORE THAN 7 YEARS. BUT IT IS ALREADY OBVIOUS THAT IT IS FIRM INTO OUR LIFE, BECAUSE IT HAS UNDISPUTABLE ADVANTAGES OVER REGULAR MONEY, SATISFACING SOME OF OUR NEEDS MUCH MUCH EFFECTIVELY!

DO YOU INTEND TO IMPROVE YOUR LIFE WITH CRYPTOCURRENCY?

Cryptocurrency itself has no value. This is a virtual product, a set of specific code. Its value manifests itself only when people appear for whom it provides new conveniences from its use. Therefore, everything in the cryptocurrency industry is driven by the desire to create these unique conveniences and benefits. And the more there are, the higher the value of the cryptocurrency will be, and the growth of the coin’s value directly depends on this.

The head of OneCoin, Ms. Ruzha Ignatova, has a vision to make OneCoin the most popular cryptocurrency in the world. Popularity itself has many parameters, but it is inseparable from the ways cryptocurrency is used in real life.

How can the OneCoin cryptocurrency be used to get people around the world to say, “Cool! It is very convenient and practical! I’ll use it too! ”?

I’m sure the methods below are not an exhaustive list. As the idea of ​​cryptocurrency develops, more and more new ways of using it will appear. But you have to start somewhere.

I got the following list:

1. Payments in payment for goods and services within a single trading platform

The marketplace is currently in the process of being created. OneCoin plans to launch it into pilot operation in June 2016. At the initial stage, up to 150,000 online stores and trade associations from all over the world will be connected to this site. Now there is a very complex process of integration and testing. All calculations and currency conversions will go through our OneExchange! When this marketplace goes live, it will attract huge additional worldwide attention to the OneCoin cryptocurrency. A serious acceleration in the growth of the number of participants in this project is predicted! In the future, the number of traders on this site will increase many times!

2. Money transfers

International remittances are an obvious yet massive space for OneCoin-based innovation. Every day, hundreds of millions of low-paid guest workers work in difficult conditions to earn money for their families back home. They send money to their families to support them financially, totaling the equivalent of over US $ 400 billion annually (according to World Bank figures for 2014). And every day, banks and payment systems (such as Western Union) rip off these poor people, collecting staggering fees from them, up to 10 percent of the transfer amount, and sometimes even higher – just to send this money to their families.

Moving to OneCoin for these remittances, where there will be little or no transfer fees, will dramatically improve the quality of life of both migrant workers and their families. In fact, it’s hard to think of anything else that would have a faster and more positive impact on the lives of so many people in the world’s poorest countries.

3. Access of billions of people to the modern economy

In addition, the OneCoin cryptocurrency can become a powerful force that will lead many more people around the world to participate in the modern economic system. Indeed, only about 20 countries of the world have universal access to modern banking and payment systems, and the remaining 175 countries are still very far from ideal in this matter. As a result, masses of people in many countries are excluded from the circulation of products and services that the West takes for granted. The OneCoin system, as in the future a global payment system based on this cryptocurrency, can be used by every inhabitant of the Earth anywhere at any time. And it can be a powerful catalyst for expanding access to the benefits of the modern economic system for almost everyone on the planet.

Even in the United States, a long-debated issue is the extremely high fees that financial institutions impose on non-bank customers for access even to basic financial services. Cryptocurrency OneCoin can be used to finally solve this problem once and for all by providing cheap access to modern means of payment to people outside of the traditional financial system.

4. Micropayments

Micropayments, or ultra-small payments, can be an equally impressive area of ​​the nearest application of the OneCoin cryptocurrency. Despite 20 years of attempts, to date, micropayments have not become practical – because small payments (from one dollar and below) are elementary unprofitable due to the fees of existing banking systems. The fee structure of these systems renders any form of micropayment unviable.

With OneCoin, this can be very easy. OneCoin coins have the graceful ability to divide up to eight decimal places. Thus, you can specify an arbitrarily small amount of money, for example, a hundredth of a cent, and send it around the world for free or almost free of charge.

Think, for example, of monetization schemes. One of the reasons why media outlets such as newspapers, for example, are struggling to survive right now is that they have to either charge readers for everything at once (i.e. charge subscription fees for all of their content) or not. for what (to give all content for free, but at the same time annoy readers with terrible advertising banners – after all, someone has to pay for quality content). None of these paths can be called completely satisfactory, and all intermediate solutions do not give a special financial effect. With OneCoin, it can be possible and economically viable to ask for arbitrarily small amounts of money per article, or per section, or per hour, or for playing a single video, or for accessing an archive of articles, or for delivering hot news.

Another potential use for OneCoin micropayments is to combat spam. Future email and social media systems may refuse to accept incoming messages unless accompanied by a tiny OneCoin payment – small enough for the sender to barely notice, but large enough to prevent spam. Spammers, who today can send countless billions of spam messages absolutely free of charge and with complete impunity, will suddenly have to pay real money for this mailing, and the severity of this problem will decrease by orders of magnitude.

5. Crowdfunding and fundraising

Finally, crowdfunding and fundraising can be another interesting application for OneCoin cryptocurrency. Such a precedent happened in 2014 with the example of BitCoin. A casual spectator at a sports event raised a poster with a QR code and the text “Mom, bitcoins come!” In front of the cameras. During the day, he received $ 25,000 in bitcoins – from people he had never met at all. This is the first time in history when you can see someone asking for help – in person, on TV or in a photo – and simply send them money with two clicks on your smartphone: scan the QR code in the image and click the Send Money button “.

What’s next?

In the coming years, the events surrounding this new technology will undoubtedly be exciting!

Of course, there are still many regulatory and legal issues to be resolved, as no country’s regulatory frameworks for banking and finance are fully prepared for this technology. Cryptocurrency OneCoin does offer the opportunity to radically rethink and restructure the way the financial system can and should work in the Internet age. At the same time, it provides us with a catalyst to change this system in such a way as to give more opportunity, convenience and flexibility to both businesses and ordinary people around the world.

I am sincerely convinced that the potential of this unique idea will unfold before humanity in all its glory in the coming years. It will seriously suppress the dominance of banks and create a powerful alternative to them. We live in a world of high speeds and instant decisions! Anything that does not correspond to this is doomed to extinction! New players are entering the world arena who will remove many unnecessary conventions from our lives and create conveniences that cannot be overestimated. And one of those players is undoubtedly OneCoin.

DO YOU PLAN TO USE THESE NEW CONVENIENCES TO RAISE YOUR LIFE TO A COMPLETELY NEW LEVEL?

What cryptocurrency will rule the world: 12 criteria for the success of any cryptocurrencyWhat cryptocurrency will rule the world: 12 criteria for the success of any cryptocurrency

CRYPTOCURRENCY IS A FASHIONABLE TREND THIS YEAR. THERE ARE OVER 650 CRYPTOCURRENCIES IN THE WORLD, AND SOME OF THEM ALREADY HAVE A CLAIM FOR GLOBAL INFLUENCE. IN THIS CONNECTION, A RESPONSE QUESTION RISES: WHAT CRITERIA SHOULD THE CRYPTO-CURRENCY MEET IN ORDER TO BECOME POPULAR AND DEMANDED IN THE WORLD SCALE?

WHO ARE YOU A POTENTIAL INVESTOR OR JUST AN OBSERVER?

Currently, an increasing number of people are beginning to understand that the financial system, the principles of which were laid down several centuries ago, is already largely archaic and does not meet the needs of modern society. Its rigidity, inefficiency, and extremely slow cash flow at ever-increasing costs have forced the world to consider an alternative. And in recent years, an alternative has been found – this is cryptocurrency!

For the majority of the population of our planet, this alternative is still perceived as extreme exoticism, which arouses, at best, curiosity and sometimes even a desire to understand the principles of its functioning, and in the worst case – fear and a desire to urgently ban it! And this is normal, because any new idea is first mocked, then criticized and tried to suppress or even destroy, and then (if this idea has withstood all previous tests and survived) is accepted and sometimes even a standing ovation! And this is almost always done by those who, until recently, were ready to do and did anything to discredit her! Our recent history knows many such examples.

Cryptocurrency is no exception. Appearing on the horizon a little more than 7 years ago, it has long remained in the shadows and in the stage of ridicule, but now it is going through the next stage – the stage of violent rejection and attempts to ban in different parts of the globe. But these attempts, as a rule, end in nothing, because, I am sure that you cannot forbid something whose time has already come! Moreover, very often in these attempts, someone is simply trying to create a cheap PR for themselves.

This idea, passing through a line of fierce critics, shows itself very well. Despite all the attacks, it looks more and more viable and is gaining strength in order to one day change paradigms and break many patterns of the modern world.

The greatest burden of this burden is borne, of course, by BitCoin. With the rights and privileges of a pioneer, he is making his way forward, creating a path not only for himself, but also for other cryptocurrencies that follow. But pioneer doesn’t mean forever first. Some young cryptocurrencies are already starting to “step on the heels” of the leader of this race!

As the idea of ​​any cryptocurrency reaches maturity, certain criteria for its successful development and formation begin to take shape, which express its ambitions to spread its influence around the world and acquire the maximum weight in the financial market.

After a long analysis, I have identified 12 such criteria. And although I believe that this list is completely objective at the moment, it still cannot be considered exhaustive: in the near future, most likely, new criteria will appear that will further strengthen selection and screening. The rule “Survival of the fittest” is relevant here as nowhere else, since the stakes are very high. Anyone who in the following years becomes the leader of this race will receive almost unlimited power and influence over the world! After all, everyone needs money, and everyone needs a fast, efficient and cheap system for transferring funds anywhere in the world without any restrictions.

So, let’s take a closer look at these criteria:

1. Investment attractiveness

Any investor evaluates his investment in terms of the potential for earning income (with a high probability of return on investment, including), based on statistics for the past. In this regard, it is important to ensure a stable growth in the value of the coin in the long term. If the value of the coin shows stable growth for at least one year, then many serious investors will probably consider it appropriate to include this cryptocurrency in their investment portfolio.

2. The maximum number of coins for mining

This indicator shows the growth potential of the popularity of cryptocurrency on a global scale. Here the number of coins that can be generated matters: the larger it is, the higher the likelihood that this cryptocurrency can become popular in many countries of the world. And the second side of this parameter is that there must necessarily be a “ceiling” for the generation of coins (this is me to the fact that some cryptocurrencies, such as Dogecoin, allow you to create an unlimited number of coins), that is, it must be clearly known how much coins will be generated in total. An increase in demand (with an increase in popularity) and a decrease in supply in the future will lead to a significant increase in the value of the coin, that is, this indicates that the cryptocurrency is not subject to inflation.

3. Cost of production

Over time, the cost of mining coins for most cryptocurrencies increases. In this regard, it is very wise to make your investment as early as possible. The only problem is that in the early stages of cryptocurrency development, it is not always possible to accurately assess its prospects.

4. Centralization of coin mining

This is an important criterion, since it allows you to create a coin generation system and a single control center in order to do it as efficiently and correctly as possible. All decentralized cryptocurrencies have a lot of growth problems, and it is extremely difficult to solve them due to the lack of a single decision-making center: various influential groups often “pull the blanket over themselves” and conflict with each other.

5. Presence of a single issuing company

It is very reasonable to have a specific company that is responsible for all activities related to the emission and circulation of cryptocurrencies. This allows coin holders to feel confident that if something goes wrong, someone is there to fix it. This reduces the risks of owning such a cryptocurrency and increases its reputation.

6. Number of participants

Any cryptocurrency is worthless without its coin owners. The more there are, the more popular such a cryptocurrency becomes, which directly affects the value of the coin as an investment instrument and as a means of payment. This is probably the most important criterion that investors and ordinary users pay attention to.

7. Linking your account to existing payment systems

It is currently not enough to simply create a cryptocurrency. She definitely needs to be taught to interact with existing payment systems. And the better this interaction is established, the easier it is to deposit and withdraw funds from the system, the less fears new participants have when deciding to join the project.

8. Availability of an independent audit of the blockchain

This is a very important, but extremely rarely met criterion. This is important because an independent company, evaluating the work of the blockchain, officially confirms that everything is in order and the coins are indeed being generated. For investors it is like a golden quality mark on the packaging!

9. Presence of the “Know Your Client” procedure

At present, the determination of government regulators around the world to eradicate the possibility of conducting anonymous transactions with cryptocurrency is very strong in order to exclude the possibility of shadow transactions for the purchase of weapons, drugs, financing of terrorism, etc. In this regard, the cryptocurrency that allows such transactions is very harmful its reputation and creates a lot of problems for itself to legalize its activities.

10. The likelihood of theft or loss of coins

This is an important factor and it is solved, for the most part, by the presence of an answer “yes” to criterion 5 “The presence of a single issuing company”. In this case, a closed system for the circulation of this cryptocurrency can be created, which will exclude the possibility of interference from the outside, and, consequently, any abuse.

11. Processing power of the blockchain

This criterion is not looked at immediately, but as the cryptocurrency gains its popularity, and, consequently, the number of transactions with it grows. But, if initially this criterion was not correctly worked out, but its refinement in the course of the development of the cryptocurrency is very difficult. Therefore, it is important at the very beginning to lay the necessary power reserve so that it is never exceeded later.

12. Popularity with merchants

This last criterion is the apogee of the popularity and demand for cryptocurrency as a means of payment. After all, the idea of ​​a cryptocurrency was created mainly as a high-tech alternative to existing payment systems. The more merchants are willing to accept a given cryptocurrency, the more there will be those who want to use it, which will ultimately lead to an increase in its popularity and increase the value of the coin.

All these criteria constitute, in my opinion, a new standard that should be taken into account both by those who have conceived to create and bring their own cryptocurrency to the market, and by those who, realizing the full potential of such investments, are now thinking about what cryptocurrency to channel your capitals. And this is not really a trivial question!

There are already more than 650 cryptocurrencies in the world, and more and more new ones appear. Of course, most of them are created for specific, well-defined purposes and do not claim to be the laurels of the trendsetter in this industry. But still, some of them are desperately scrambling upward in an attempt to capture as large a share of the global market as possible, which, according to some estimates, could reach $ 5 trillion. already in the foreseeable future!

Based on the current state of affairs in the cryptocurrency industry, there is only one cryptocurrency in the world that meets all of the above criteria and claims a significant share of the aforementioned market.

This cryptocurrency is OneCoin.This cryptocurrency has a very high growth potential for the value of coins (up to 100 euros in 2018 from the current 6.3 euros), a very significant number of coins (2.1 billion) that can be generated, low current cost of mining coins, mining coins are completely centralized and there is a single issuing company, the number of participants is approaching 2 million people from 190 countries, there is a linking of accounts to the MasterCard system (currently, work is underway to integrate with the Chinese payment system Unionpay) and an independent audit of the blockchain is regularly conducted, a clear “Know Your Client” procedure has been created and applied, the likelihood of loss and theft of coins is excluded, and, at the same time, the processing power of the blockchain is so great that it exceeds the processing power of MasterCard and Visa systems combined!

As for the latter criterion, in June 2016 the opening of a global trading platform will be announced, where, at the first stage, up to 150,000 online stores will be placed, accepting OneCoin as payment! In the future, this number of stores will increase many times over!

Summing up: If you have ambitions to create your own cryptocurrency with global ambitions, then I advise you to familiarize yourself with the considered criteria and try to realize whether you can meet them. If not, then it would be wise to define in advance a clear target for your cryptocurrency and outline its sphere of influence and distribution.

If you are a potential investor who is exploring new tools to increase your capital, then I strongly recommend that you take a closer look at investments in the OneCoin cryptocurrency. This is the most profitable investment to date!

In case of additional questions, I will be glad to help you understand them! Contact us!

Blockchain: the world is on the verge of a global rebootBlockchain: the world is on the verge of a global reboot

 

BLOCKCHAIN ​​HAS COME TO CHANGE THIS WORLD BETTER, MAKE IT MORE EFFICIENT, OPEN AND REMOVE ANY POSSIBILITY OF DATA MANIPULATION. THIS IS A SERIOUS CHALLENGE TO THE STRONGS OF THE WORLD, WHO HAS USED TO USE EVERYTHING FOR THE USE AND FOR THEIR BENEFIT. THIS TECHNOLOGY, IMPLEMENTED FOR MILLIONS OF DIFFERENT PURPOSES, WILL PUT THE END. COUNTDOWN WILL BE GIVEN TO A NEW WORLD, A WORLD OF NEW OPPORTUNITIES AND NEW SPEEDS!

WILL YOU BE READY TO ACCEPT THIS WORLD AND ALL ITS ADVANTAGES?

We are living in amazing times; a time when world technical progress is accelerating more and more. Literally every year there are such novelties that simply “blow up the brain” of millions of people and show them new horizons for their development. Someone takes these achievements of scientific thought into service and changes everything around them, someone passes by. But what will be discussed next is not just a technical novelty; this is something that will literally reboot many businesses and organizations, including even government agencies, and change the whole paradigm of conducting and registering transactions and any other actions between people. Welcome to blockchain!

What is blockchain? Blockchain (translated as “a chain of blocks”) is an algorithm for constructing an information structure consisting of protected files (blocks), in each of which a certain number of records of transactions are registered. The blocks are lined up one after the other in a chain, thereby forming a single register of data on all operations taking place in this network. And new blocks are always added strictly to the end of the chain.

This chain is built on three very important principles:

1. Distribution

All blockchain users form a network of computers, each of which stores a copy of the blockchain data. Thanks to this, it is almost impossible to turn off or break the blockchain, since for this you need to turn off or break all computers. As long as there is at least one user, the blockchain exists.

2. Openness

All blockchain data – blocks and their contents – are always open to everyone. You can easily read any block and see all the records in that block. You can watch the chain and track the change in information. Thus, all data in the blockchain is easily verifiable, which means that you do not need to trust other network participants, because you can always check them and get a guaranteed reliable answer.

Simply put, in the blockchain, anyone can see that someone has a million. But who exactly has it – this one cannot find out until the owner of the million gives him a special key, thereby confirming that it is he who has the million.

3. Security

Security here means that the real costs of falsification remain so high that they lose economic sense or become nearly impossible.

So, at its core, the blockchain is a global database – an incorruptible digital ledger of economic transactions that can be programmed to record not only financial transactions, but literally everything that is of value to humanity.

Why can’t blockchain be forged? A block in the blockchain consists of a header and a body. The blocks in the blockchain are linked by keys, since the header of each block contains the key of the previous block. This is a very important and at the same time technically elegant solution ensures the security and non-hackability of the blockchain.

First, the key of each block is calculated based on the data of the entire block and the keys of the previous block. This means that not only the records of this block, but also all the previous blocks are encoded in the key of any block. Any, even the most insignificant, change in data in any block causes a complete change in its key, which, in turn, will require changing the keys of all subsequent blocks.

Second, the block key must comply with important security rules that establish the security level of the network. A very intricate procedure for calculating keys is used, which, of course, complicates the creation of a block, but it makes it even more difficult to create fake blocks, making it almost impossible. You will not be able to fake a chain or change records in a block, because the keys will change – and this will be immediately visible.

Where does blockchain originate from? Initially, this technology was created for the functioning of the BitCoin cryptocurrency. Other cryptocurrencies are created using this technology, of which there are several hundred today. The potential of blockchain technology to influence the financial world can be compared with the potential of the Internet (2nd wave – see my article “Cryptocurrency OneCoin: 7th wave on the way”), which at one time radically changed the information and entertainment market.

The blockchain always knows how many coins are in stock, as well as how many and when new coins will be issued, because the process of issuing new coins is precisely programmed. And the balance always comes together. Nobody can just take and “pour” another million coins, the algorithm itself will not allow this. And it will not be possible to withdraw the amount from the register “unaccounted for” either. All accounting is done using cryptography. All records are encrypted. Entry and exit are clearly tracked. A cryptographic record cannot be forged, duplicated or deleted like a simple electronic one.

What are the prospects for using blockchain? Blockchain is ideal for registering cryptocurrency-related transactions. However, at present, many serious investors have already realized that this technology can go (and will undoubtedly go) far beyond the limits of the cryptocurrency itself and will provide many more diverse opportunities.

In perspective, blockchain is:

– Transparent and cheap financial transactions;

– Fast and secure identification of users and documents;

– E-democracy without electoral fraud;

– Smart contracts that control their own execution, without intermediaries and lawyers;

– Reliable fixation of property rights;

– Open non-falsified registries of anything;

– Personalized tax system – you will know what each ruble paid to the treasury went to;

– Crowdfunding companies by issuing their own cryptocurrencies;

– Internet of Things with the ability to rent any device and quickly pay with it;

– Decentralized business processes in companies.

All these procedures will become easier and cheaper for users by eliminating intermediaries and regulators that are simply not needed in the blockchain.

Here is one simple example of a smart contract. Suppose, for example, that an elderly father wants to bequeath real estate under certain conditions. A lawyer of the future would code the will according to the father’s intentions and upload it to the blockchain. He would describe the property with a code, the sole purpose of which would be the objective execution of the will. If the father wished that after his death the house went to the son who first married or is getting married, then a special program that looks at the register of death certificates on the Internet, upon the death of the father, would immediately launch a search for all his sons in the register of marriage certificates, and then unsubscribe would be a home for one of them who is alive and the first to marry. The estate would almost immediately be rewritten according to the will of the father without the visit of a lawyer and without the examination of the will in the inheritance court.

Although this technology is still very young, its application in business is rapidly expanding. Judging by the fact that Goldman Sachs, Nasdaq and many other leading financial companies are investing hundreds of millions of dollars in blockchain technology, the changes that blockchain will bring with it will turn out to be more extensive even in comparison with BitCoin, which has important consequences for lawyers and the entire legal industry.

Most likely, at first, blockchain technologies will make existing processes more efficient, secure, transparent and cheaper, and when the blockchain earns the trust of users and companies, there will be a turn of projects that we have not even thought about!

Is blockchain the trend of 2016? 2016 will be the year of blockchain, because this technology will begin to actively penetrate many areas of our life already this year. You will see an avalanche-like growth of its popularity all over the world: new startups will be launched, new technologies and products based on the blockchain will appear, even the world’s largest companies will join the blockchain race. In terms of its importance, this technology is comparable to the creation of the Internet and ubiquitous smartphoneization, literally permeating the modern world and changing everything around: how we work, how we relax, and how we communicate with each other.

Numerous projects on the use of the blockchain are already being discussed in the world. Here is some of them:

1. Brazilian startup Bitnation has invited European governments to use technology to cope with an influx of undocumented refugees from the Middle East. The company offers migrants to issue virtual citizenship with registration of their data in the blockchain, a kind of passport that will be recognized by the governments of other countries. The service will allow refugees not only to obtain identification, but also to register marriages, birth certificates and other documents.

2. The Spanish bank Santander (10th in terms of assets in the world) claims that it will be able to use the blockchain in two dozen work processes within the bank. The use of technology, according to Santander analysts, can reduce the costs of financial institutions by $ 15-20 billion by 2022, primarily due to savings on cross-border payments, securities trading and “Know Your Customer” procedures.

3. Global financial giants – Goldman Sachs, JP Morgan and Credit Suisse and six other multinational banks – plan to develop common standards for blockchain technology and find opportunities for application in the financial services sector.

4. The American startup Everledger is going to record data on the unique distinctive features of diamonds in an open registry. In the event the stone is stolen, the record will provide conclusive proof of ownership.

The market is still in its infancy, although it is growing by leaps and bounds. In November 2015, the total investment in blockchain and BitCoin projects passed the $ 1 billion mark. The R3 consortium, created to develop new blockchain-based services, includes 43 banks.

What can be summed up? Blockchain is a reliable and open technology that will soon revolutionize our lives. For example, when the issuance of bank loans will be recorded on the blockchain, then no one will face credit fraud. And the “holes” in the bank balance sheets will also be clearly visible, therefore, large bankruptcies will be avoided. Scams with mortgage apartments and credit cards will simply not be possible – and many people will avoid problems and financial losses. Even government services related to paperwork, issuance and confirmation of rights and certificates can be implemented in the form of a convenient and open register based on the blockchain.

The Internet of Everything needs a Digital Book of Everything. Get ready for the World Digital Book. She’s just around the corner! I believe that truth (which the blockchain provides so effectively) can free us, and trust in the data (which is stored on the blockchain) will completely change every aspect of our lives. Currently, blockchain-based applications are being created around the world that can meet all these needs of humanity.

AND THIS IS ALL – JUST THE BEGINNING!

Cryptocurrency OneCoin: 7th wave on the wayCryptocurrency OneCoin: 7th wave on the way

 

IN THE 20-21 CENTURIES, 6 TECHNOLOGICAL WAVES HAVE ALREADY RUN AROUND THE WORLD, IMPACTLY CHANGING OUR WORLD FOR THE BETTER! IN THE NEXT YEARS, ANOTHER WAVE, 7TH WAVE IS COMING, A WAVE OF DIGITAL CURRENCIES THAT WILL AFFECT THE LIFE OF BILLIONS OF PEOPLE AND CREATE A HUGE NUMBER OF NEW MILLIONAIRE AND EVEN MILLION! ONCE AGAIN THE WORLD IS INVERVABLE AND GREATLY CHANGE!

WHERE WILL YOU BE WHEN THIS WAVE REACHES ITS PEAK?

The world in the second half of the 20th, and especially in the 21st century, is increasingly accelerating in its development. It resembles an airplane that traveled back and forth along the runway for a very long time in a desperate attempt to take off, and only recently (during the life of the last two or three generations) he succeeded. Now this plane is confidently gaining altitude, and steeper and steeper, gradually turning into a rocket, which, as we know, takes off almost vertically.

This entails enormous opportunities for all living today, therefore, in order to take advantage of at least a small fraction of these incredible opportunities, it is extremely important to understand what happened to the world and continues to happen.

What has happened to the world over these past few decades is no secret to anyone, especially for those of us who are between 30 and 50 years old: it was an interesting, sometimes simply mesmerizing with its strength and scale, experience of changing the living conditions of an entire civilization. The purpose of this article is to track these changes and their final effect, as well as look at those that are just approaching and try to assess their possible impact on humanity. I say “humanity” because all the changes that I will talk about have taken place and are taking place not in any particular country or countries, but in the whole on planet Earth. These changes have one main feature – they happened in waves: wave rolled after wave, and each subsequent wave was larger and created deeper transformations of people’s way of life. Each subsequent wave created so many new conveniences for the life of civilization that the world was irreversibly changing! And although there were some negative aspects of these changes, in general, the positive effect was much greater! Let’s see what those waves were.

1st WAVE – TELEVISION.Spreading around the world in the 50s and 60s of the 20th century, television brought a whole new experience to tens of millions of homes around the world. Suddenly everything that was limited by the walls of theaters, cinemas, etc. became available without restrictions right in your living room! There is no longer the need to go somewhere and go to get a new portion of information, news, entertainment. On the one hand, it became an incredible convenience, on the other hand, people began to gather less in public places and began to spend more time at home. This wave has spawned a real boom in TV advertising: advertisers were thrilled – now their commercials were watched by millions of people at the same time! Sports events have become incredibly popular around the world thanks to television.

2nd WAVE – INTERNET. The Internet has literally whirled the world in a whirlwind of change and squeezed it beyond recognition. The Internet has created a solid foundation for subsequent waves that have spread and deepened all the incredible benefits of the new world; a world where anyone can establish contact with any other person, regardless of their location; a world where any manufacturer can get a whole network of loyal customers on the other side of the world; a world in which travel has become easy and enjoyable, since everything (flights, hotels, restaurants, excursions) can be booked in advance and booked remotely; a world where any bills can be paid from anywhere by pressing a few keys on your mobile device.

3rd WAVE – ELECTRONIC MAIL.Email emerged from the foundations that the Internet created and led to the almost complete disappearance of paper letters. Today, no one, being in their right mind and strong memory, will not bother themselves with writing a paper letter, sending it, knowing that it will take at least several days for the addressee to receive it. E-mail has created the ability to instantly exchange information and documents (in their scanned versions). All this gave a huge impetus to business development around the world. It soon became apparent that no business, without its own email account, had any chance of survival! Mail loading has dropped hundreds of times! Even greeting cards are being sent out electronically! But this also gave rise to a wave of abuse of this undoubted convenience:

4th WAVE – ELECTRONIC COMMERCE. Businessmen, seeing great opportunities on the Internet, began to make a concerted effort to optimize the costs of their businesses and expand access to their goods and services to consumers around the world. Many companies have their own online stores, where it was possible to order goods and services much cheaper than in regular stores. And ordinary stores began to turn more and more into showrooms, where you could just look at product samples in order to order them later on the Internet. The cost savings were enormous, and the scale of many businesses quickly went global! Many people have started working from home, serving their clients around the world. The need to go to traditional offices in your city has disappeared. The world has once again changed beyond recognition!

5th WAVE – MOBILE TECHNOLOGIES. Mobile technology has merged all previous waves, further enhancing their individual convenience. Now, anyone with a smartphone or tablet in their hands could watch TV and use e-mail and buy on the Internet, as well as instantly pay any bills! This factor has forced businesses to make significant investments in the development of such technologies. There are special mobile versions of sites, mobile applications for anything. Nowadays, it is no longer enough to just have a website. If your site does not have a mobile version, then you are losing a very large audience, some of which could become your clients!

6th WAVE – SOCIAL MEDIA.Social media is the pinnacle of how small and accessible our world has become! They have created a virtual analogue of civilization, where you can do whatever your heart desires, make friends and play, unite in communities of interest, gain access to any necessary information, find your halves and create families, find long-lost friends and classmates, and much, much more. It became possible to communicate in video mode, so that families scattered across different continents could again see and hear each other at any time. Many people even became addicted to social networks when they began to prefer virtual communication over real! But one thing can be said for sure: it already seems incredible and impossible to live without using this new convenience, which has raised the entire culture of communication between people to a new magnificent level!

7th WAVE – DIGITAL CURRENCIES. The peak of this wave is still on its way! This wave will bring to the surface hundreds of thousands (and even millions) of new millionaires and billionaires and create a new market in the amount of $ 1 trillion. up to (according to various estimates) $ 5 trillion. and, once again, will completely change the life of mankind! This wave began with the birth of the BitCoin cryptocurrency in 2009. For the first few years, the world was looking at a new strange phenomenon, and no visible changes took place until, in December 2013, the value of 1 BitCoin coin rose to $ 1242! And in 2009, 1 BitCoin coin cost only $ 0.1. As a result, the new phenomenon has become a very powerful trend that is gaining momentum around the world.

The topic of digital currencies owes its growing popularity to the already obvious and natural crisis that has now gripped the current financial system. And, by the way, many of its current problems did not appear today or yesterday, but ripened in it for tens of years before becoming obvious to the majority. Simply put, the financial system as it stands today does not meet the needs of too many of our planet’s inhabitants. This allows us to realize that a lot of existing patterns and stereotypes are about to be scrapped, and the main instrument for doing this is cryptocurrency and blockchain.

BitCoin, as a pioneer of cryptocurrencies, has already launched this process, but with a lot of growth problems, it apparently will not be able to become the mainstream global cryptocurrency. My vision is that truly global changes will take place precisely with the participation of the OneCoin cryptocurrency.

WHY IS THE FINANCIAL REVOLUTION IMMEDIATELY? Too many lies, injustice, illogicality have accumulated in our world by now, which very quickly destroy the current financial system. And this process, it seems, is already irreversible. In other words, humanity has already grown out of the clothes that were not long ago at its time! Or at least he thought so! And, meanwhile, the “suit” is already bursting at all the seams! And the question is not how to stop this process, but how to take advantage of the new opportunities that are already quite clearly beginning to manifest themselves against the background of the archaic structure of the existing financial systems.

These new opportunities are very tempting because they bring with them absolute freedom, transparency of operations, incredible speed and low cost of payments, as well as (which, in reality, most importantly) the impossibility of forgery and deception. All this in the coming months will make an explosion in the minds of people on such a scale that the world will never be the same again! It is possible that all these changes will be slowed down for some time by those who benefit from maintaining the status quo, but I am convinced that it is impossible to stop the one whose time has come!

I see how these great opportunities will change the lives of billions of people around the world and make this world a better and more comfortable place to live! And I intend to be part of these changes and to help ensure that these opportunities are seen by as many people as possible. Currently, I am on the lookout for people who have a similar vision and are willing to take active steps to make this story with me!

The current situation is unique. It is strikingly different from what happened during the previous waves. And the difference is that only a limited (albeit large) number of people could use the previous waves to create their material well-being. The 7th wave, now rising, has the potential to simultaneously affect the lives of billions of people around the world. This is the same tsunami that will sweep around the world, and it will be extremely difficult to stay away or not notice it anywhere on the globe.

This does not mean that everyone will exclusively welcome the arrival of this wave! Many will resist her, because she will deprive them of so many benefits and force them to act differently. Many will lose their fortunes, which were made by exploiting others and abusing the advantages that they now have in the current financial system! Lies and injustice in money management, as well as numerous frauds and fraud with financial assets will very quickly become technically impossible and lose all meaning. The world is entering a new era of its development, where the speed of movement of finance around the world will increase by an order of magnitude, absolute confidence in the financial system will emerge, and the transparency of financial transactions will no longer raise any doubts.

As a result, the world will free up a huge amount of resources that were previously spent on the maintenance of cumbersome and expensive systems of security and control over the movement of finances, and humanity will be able to use these resources for its own development and a radical solution to many global problems (hunger, incurable diseases, energy problem, demographic problem, environmental problem, etc.). The world will become safer, more open, united and richer!

YOUR FATE AND WELL-BEING IN THESE CONDITIONS ARE ALL IN YOUR HANDS AND DEPEND ONLY ON YOUR DECISIONS!

Which side will you take?

Will you welcome this new wave or will you do your best to slow down its arrival?

These decisions will need to be made in the coming months, because its buzz (even if it is still weak) is heard all over the world, and many people are beginning to listen to it, as well as to look closely at the opportunities that are gradually emerging against the background of existing financial patterns and stereotypes.

If you are the one who hears this hum and intends to truly understand the potential of these amazing possibilities, then I am on my way with you. I will be glad to meet you personally and discuss how we can cooperate so as not to be buried by this wave, but to be on its crest!