The development of Blockchain technology has brought with it different innovative ways of solving existing problems like exchange of value, e-commerce, monetization of intellectual properties and hundreds more. The reality however is that this revolution has resulted in the creation of thousands of super hybrid platforms and applications.
The use of blockchain technology has led most industries to think of ways to improve their services. While some industries are currently adopting the technology, others are trailing behind by not following suit. By utilizing the advantages of blockchain, different industries are working towards minimizing cost and time and maximizing global reach and transparency. In the financial industry, smart contacts embedded in the ecosystem lead to the development in verification, transaction and exchange, resulting in a more secure, transparent and efficient market for participants.
However, the past decade has seen developments beyond the first adopters of blockchains technology, but innovations have been piecemeal and singular in their approach, and have failed to provide a comprehensive solution to the prevailing problems that blockchains and cryptocurrencies face especially relating to volatility, scalability, usability and general adoption.
Conventional blockchains like Bitcoin are now constrained in transactional throughput because of the nature of their protocol and blockchain design. Currently, the primary design structure of most existing systems is a linear linked-list style blockchain.
Virtually everyone who has adopted the blockchain technology and cryptocurrency knows that the biggest issue limiting the mainstream adoption of cryptocurrencies is the volatility of the prices against the US dollar, this problem of volatility do make a lot of people who hadn’t adopt the technology yet hesitate with the fear of walking up from sleep to see the value of their capital slash down. Obviously, due to the high prospect of the blockchain technology, the need of have a currency which is free of volatility is paramount.
The quest for achieving this high-scale technology leads to the emergence of the BITCOIN AIR.
Bitcoin Air is basically a fork joining together the bitcoin and peercoin which is designed to process transactions as light as air bringing values, transparency, security, power & integrity to investors, merchants as well as the end user.
The platform will function by Utilizing Bitcoin Air’s unique Air Protocol technology, users who wish can choose to off chain the value of their Bitcoin Air, immediately locking in the USD value in relation to Carbon Credit Asset Backing. Our off chaining capability will preserve the USD value of any burned coins in USDAP (USD Air Protocol) through a bilaterally operating side chain that will gain it’s supply through the action of off chaining your Bitcoin Air to USDAP. Maintain peace of mind knowing that the value of your Bitcoin Air is securely guarded by the Air Protocol.
Bitcoin Air is designed to be a full ecosystem to deliver Fintech services to merchants and consumers by enabling a stable coin environment, fiat and also cryptocurrency reserves in order to enable merchants to adopt Bitcoin Air as an easy and all round payment solution.
The official Bitcoin Air snapshot will take place on November 22nd, 2018. The overall fork will take place by utilizing two different blockchains (peercoin and bitcoin) and in the end result creating one bilaterally super hybrid operating dual blockchain.
BITCOIN AIR ROADMAP.
The TEAM behind the BITCOIN AIR platform has put in place a strategic roadmap as an insightful tool to present how the project is likely to grow, and to openly outline the plan to reach short-term and long-term goals through the use of result oriented solutions and strategy, outlining some of the core values, objectives, operational tactics, strategies vision, mission, and aspirations. Basically, according to the timeline chart, it is an interesting insight into the future of BITCOIN AIR.
THE TEAM MEMBERS.
It is known that the success of any project depends on the team behind it, the BITCOIN AIR’S team is made up of professionals with vast experience in fintech, IT development, marketing and communication, software development, and business development who has proven themselves to be transparent and take the success of the project as their major priorities. All the members in their respective fields bring to the table all the required elements needed for the mainstream adoption of cryptocurrencies and the blockchain technology at large.
FOR MORE INFORMATION ABOUT THE PROJECT, VISIT THE FOLLOWING OFFICIAL LINKS:
Website: http://www.bitcoinair.org/
Short Paper: http://www.bitcoinair.org/ShortPaper.pdf
Trello Board: https://trello.com/b/7YOa4yCk/bitcoin-air
Reddit: https://www.reddit.com/r/BitcoinAir/
Twitter: https://twitter.com/BitcoinAirNews
Discord: https://discord.gg/MWDJpWb
Medium: https://medium.com/@BitcoinAirNews
Github: https://www.github.com/BitcoinAir
Telegram: https://t.me/BitcoinAirANN
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