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3 Reasons Why You Need Tkeycoin in Your Portfolio

3 reasons why you need tkeycoin in your portfolio

3 Reasons Why You Need Tkeycoin in Your Portfolio

Georgi Georgiev · April 30, 2018 · 12:30 pm

Tkeycoin DAO is a decentralized global ecosystem meant for civil society, with the goal of facilitating social and economic relations within its network of mutual assistance and solidarity – but why should you care? Here are three reasons why.


It Makes the Market Accessible

The team at Tkeycoin took an economic and scientific approach to the cryptocurrency market — mixing the best aspects of bitcoin, Ethereum, DASH, and other digital currencies with the best real-world experiences from heavy hitters like IBM and Microsoft.

With this approach, Tkeycoin aims to make the cryptocurrency market as widely available as possible. In order to achieve this, the project’s cryptocurrency aims to become a widely accepted payment by taking on all of the properties of traditional fiat currency. As such, users will be able to make both online and offline payments anywhere traditional credit cards are accepted — such as in shops, restaurants, public institutions, etc.

Tkeycoin may effectively eliminate the need for cash by creating a balanced ecosystem which better suits both cryptocurrencies and society at large.

Up to 500,000 Transactions Per Second

Tkeycoin’s blockchain protocol is secured by the encryption system Iron Atom Technology, RSA2048, Curve25519, which offers a complete Turing platform complete with secure smart contract technology. This means that the Tkeycoin’s blockchain offers lightning fast, secure, rock-solid, and anonymous transactions — providing real-world use cases in a variety of economic sectors.

By “lightning fast,” we mean that Tkeycoin’s blockchain is capable of processing 500,000 transactions per second, thanks to the use of an advanced mechanism for tracing circuits and algorithms of artificial intelligence. Essentially, this allows for the system to use parallel chains when the maximum transaction rate is reached — creating interconnected branches of the same block structure.

Privacy-concerned users may also take advantage of the TBP Protocol, which allows for both verified and anonymous transactions. As such, Tkeycoin is perfect for use at the governmental and corporate levels.

A robust international marketplace and freelance exchange

A Robust International Marketplace and Freelance Exchange

A cryptocurrency is nothing without a productive use case. For Tkeycoin, that means building a productive economy with a cycle of use of goods and services on both the local and global levels. Providing an international marketplace will effectively bring together thousands, if not millions, of sellers and manufacturers from anywhere in the world.

Sellers’ histories are recorded in a decentralized magazine, and the Tkeycoin system features the implementation of a verification protocol, which ensures that ratings are verified, transparent, and fair. Only users who made a purchase may leave feedback on an individual store, and business accounts likewise may only rate users who made purchases. Reviews are stored for three years — promoting proper business practices and behavior.

There is also a freelance exchange, which is beneficial to both users and business owners. Users may act as freelancers and contribute to the system while receiving payment in Tkeycoin (TCD) cryptocurrency. In return, businesses receive a wide variety of services for their development.

Finally, on the subject of Tkeycoins, holders are able to mine coins from 3000 TCD. Users freeze their amount and do not use it. Therefore, most coins will be stored in the system. This means that large amounts will not be exchanged into fiat currencies. A good investor understands that it is possible to freeze some of their savings to get a constant percentage of production. There are no other ways to get coins.

For more information about Tkeycoin please visit tkeycoin.com and be sure to download the project whitepaper (available in 9 languages). You can also stay up to date on the latest developments on Twitter, Telegram, Medium, and Vkontakte.

What do you think of Tkeycoin DAO’s global ecosystem of mutual assistance and solidarity? Do you think it’s a worthy investment? Let us know in the comments below!


Images courtesy of Tkeycoin, AdobeStock

Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.

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Published at Mon, 30 Apr 2018 16:30:48 +0000

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On May 12, 2017, Chinese blockchain technology leader Wanxiang Group, a conglomerate with automotive, real estate and financial services holdings, announced the launch of WanCloud, a new blockchain product under its Wanxiang Blockchain Corporation subsidiary in Shanghai.

WanCloud provides an ecosystem for open-source blockchain protocols to be localized and made easily accessible to the Chinese development community and enterprise users. Initial blockchain protocols included in the ecosystem and supported by WanCloud’s infrastructure of developers and consultants are  BlockApps, Factom and Stellar.

Part of Wanxiang’s stated goal is to drive the advancement of China’s blockchain ecosystem of developers, startups and enterprises. Speaking with bitcoin Magazine, WanCloud CTO Haifeng Xi described WanCloud as “not just a technical platform; it’s an open innovation platform. WanCloud is essentially a bridge between [the] global blockchain development community and China. We aim to connect the world to the Chinese developer community, Chinese startups and traditional Chinese businesses.”

WanCloud is unique as an ecosystem in that it allows users to work with open-source blockchains more easily and in one place. Unlike traditional Blockchain-as-a-Service (BaaS) providers that have private networks or build on top of one public chain, WanCloud plans to continually introduce the most useful open-source platforms into the WanCloud ecosystem.

Tom Tao, vice president at Wanxiang Blockchain Corporation and head of WanCloud, told bitcoin Magazine that he hoped to “bring as many fabrics as possible into the Chinese community and to drive interaction and even inter-chain collaboration, improving application level innovation for each participating protocol.”

David Johnston, chairman of Factom, and Jed McCaleb, CEO of Stellar, spoke with bitcoin Magazine about why they chose to be a part of WanCloud and how it aligns with their respective companies’ goals.

“WanCloud platform is acting as a bridge between the advanced tech provided by U.S. entities and the huge market of potential users in China,” said Johnston, “providing them a more transparent and secure use case set in important areas like data management and auditing where Factom has core competencies as a platform.”

Zeen Zhang, CEO of Factom China, added, “This partnership is important for Factom China because it will make it easier for our product to reach and serve the needs of the end users in China. WanCloud is really adding value, helping us localize the platform for enterprise users and the large community of developers in China.”

Fresh off the launch of its global payments platform Lightyear, McCaleb spoke with bitcoin Magazine about WanCloud’s benefits for Stellar’s development.

“Its an exciting development that makes it much easier for people to integrate with Stellar and will enable more experimentation … China is obviously a huge market and almost every partner that we talk to in the world asks us how they can get money either in or out of China.”

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In addition to the launch of WanCloud, Wanxiang announced the opening of the second cohort of its Chainbase Accelerator to startups, in coordination with ICOAGE, an Initial Crypto-Token Offering platform based in Shanghai and headed by James Gong, a leading blockchain intellectual and consultant in China and CEO of ChainB. Projects accepted into Chainbase Accelerator will have the opportunity to receive technical support and consulting from WanCloud architects.

Yu Cheng, a partner at Chainbase Accelerator as well as the chief product officer at WanCloud, spoke with bitcoin Magazine about Chainbase Accelerator and said that the first cohort was “made up of experts from traditional industries and they saw blockchain [technology] as a way to solve for problems in their industries. We are looking to bring in businesses whose applications are suited for the distributed nature of blockchain tech.” Cheng has coined the term “distributed commercial value” in China to refer to new capabilities that blockchain tech enables.

WanCloud joins a burgeoning group of blockchain subsidiaries for Wanxiang Group under Wanxiang Blockchain Corporation, including consulting and research interests Wanxiang Blockchain Business Innovation Consulting and Wanxiang Blockchain Labs, as well as Chainbase Accelerator and VC arm Fenbushi Capital.

The post Sandbox for Public Blockchain Projects Launched in China By Wanxiang Group appeared first on Bitcoin Magazine.

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