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Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
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Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Internet of Coins Aims for Tech Advancement in Personal Finance

NewsBTC
NewsBTC
7 years ago
2 mins read
Internet of Coins ShapeShift on Steroids

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The team behind Internet of Coins does not consider it a financial venture. Even though with building a connection between different value systems for asset management they are facilitating the use of financial networks, it is the aspect of technological advancement in personal freedom that they are aiming for.

Internet of Coins is an environment for personal finance. As a decentralized platform it enables an optimally inclusive financial network, interlinking all digital forms of value. It allows you to trade digital assets and currencies peer to peer, with an easy to use interface and the opportunity to earn fees by participating as an allocator.

They are aiming to make the cryptosphere a decentralized, self-sustaining economy by implementing inter-blockchain connectivity.

The platform wants to provide the users the freedom to use any cryptocurrency or asset they like, the freedom to issue their own assets, and the freedom of not having to worry about a centralized third party holding their valuables.

Internet of Coins team calls this social tech. That is the reason why they are working with a Greenpeace hackathon winner, a Free Press Unlimited developer, a public administrator, open-source hardliners and a development worker on the team. Internet of Coins wants to keep their eyes fixed on the goal, which is in the line of ethics and not profits.

Hybridd is an interconnectivity platform with a node-to-node system, through which Internet of Coins plans to realize its vision. Hybridd forms a web, featuring the ability to connect value systems and synchronize ingoing and outgoing data flows by way of a scalable data chain; an innovation that they call the weavechain.

Internet of Coins has released hybrid assets, which interconnect value systems and blockchains across markets. The hybrid tokens are being given as a perk to invite people to start using the environment.

Moreover, the programming code to make this possible will be open source, available on a not-for-profit basis and freely accessible to all for the impartial implementation of the Internet of Coins.

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