BitCoin One is a cryptocurrency that operates using the blockchain technology which means it is a decentralized token like BTC, Ethereum and many other crypto tokens that you know. BitCoin One was launched in April 2018 and is currently being listed in more than eight exchange platforms and is expected to be on all major platforms that offer cryptocurrency exchange. Bitcoin One supports decentralized crypto tokens that are not controlled by banks or states. It also supports decentralized projects such as Digibyate, BitCoin, Verge, etc. This is due to the reality that these are the core face and essence of the cryptocurrency technology.
Alternatives for the traditional Banking system
All you need is an electronic payment system that works by using cryptograph proof instead of depending on trust. This allows you and your partner to trade and make transactions among you two without the need for a trusted third party. Banks and governments should not control your money and decide its value. Therefore with the use of cryptocurrency, you are able to set your free wallet no matter of your economic status, religion or race and you will be able to transfer any amount of transaction to anyone across the globe. This is what freedom and decentralization are all about.
Problems Facing the Traditional Banking system and BitCoin One as a solution
There are about 3 billion unbanked people in Asia and Africa, and this means that these people have no bank accounts and therefore they are off the grid. This is because when you are poor, it is very hard for you to get access to traditional financing systems. Bitcoin One is a solution of making the 3 billion people get involved in the transaction system and help them get out of poverty. The mission is to help the 3 billion people using the Bitcoin One through the blockchain technology that makes the transactions easy, secure and decreases the cost.
The technical information behind BitCoin One
The name of the token as you have already known is Bitcoin One. The ticker is BTCONE, having 18 total number of digits. BitCoin One is an Ethereum based token of ERC 20 with a contact address of 0X87f5e8c3425218837f3cb67db941af0c01323e56. The total supply of tokens is 21,000,000, and the tokens which are in circulation are 10,000,000. Therefore currently there are 10,000,000 tokens out of 21,000,000 tokens in the circulation. A portion of the tokens have been allocated for reserve and tokens, and this will help to increase the demand of the tokens increasing its value due to a limited amount within the market. This will make the coin stable and secure the coin investment. The following is the allocation of the coins:
• 10,000,000 are already in the circulation
• 8,900,000 are for development, operations, and reserve
• 2,100,000 are for marketing, bounty/airdrop
The major aim of all cryptocurrencies including BitCoin One is to remove the boundaries that are set by the traditional centralized financial systems. Through the decentralized digital financial systems you will be free to conduct your transactions with low fees and high speed without limitations.
For more information
Website: https://www.bitcoinone.io
Facebook: https://www.facebook.com/bitcoinone.io
Twitter: https://twitter.com/THEBITCOINONE
Instagram: https://www.instagram.com/bitcoinone
Telegram: https://t.me/TheBitCoinONE
Discord: https://discord.gg/uxpaTfV
English: https://www.bitcoinone.io/whitepaper/english
Bitcointalk username : arianaevelyn
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1591725