Cryptocurrency, crypto currency, or crypto is a digital Monetary instrument. This digital asset is quickly turning the world into a global village. Bitcoin is just one of the thousands of cryptocurrencies now available in the global market. Because all these can be confusing, 
especially if you have never heard of the term. That is why we are here to support you. There are some key details and tools on this page. We will help you to understand what they are. And more importantly, how and what all this could mean to you.
Bitcoin; the first internet Cash:
Bitcoin is the world’s first digital and decentralized money. These are some of the benefits;
- Its value is censorship-resistant, which means, it can not be suppressed.
- There are no middle men needed to process transactions. This is because Bitcoin is not owned by a single entity, person or control point. As a result, it can not be manipulated by central entities, authorities and governments.
- Also, the Bitcoin network is not centralized. Therefore, it is able to operate its own economy. Because of the absence of middle men, Peer-to-peer protocol of Bitcoin is possible.
Nevertheless, blockchains are growing fast! But as we know with every good thing, there is a bad side. Therefore, besides the benefits mentioned, there are some risks involved. For example, some people have been able to purchase and sell illicit drugs on the dark web using cryptocurrencies. As a result, consumers need to be protected. Thankfully, OMINEX is stepping up to make the market safer. How are they doing this? They are leading the effort on putting in the necessary regulations across the globe.
How Can we operate cryptocurrencies Legally and with Compliance?
The answer is OMINEX. This Company has stepped up to lead this effort. And they are doing it with the backing of engineering solutions. They are also applying their knowledge of regulatory guidelines in the IPO and Crowd Funding Space. In 2017 OMINEX took their knowledge and understandings of regulations to the blockchain and ICO space. They took up the role to offer Compliant Token Solutions in this new space.
In order to handle this enormous responsibility, OMINEX set up the “Open Compliance Project.” This was created to deal with international regulations in particular. There is an ongoing support community now; thanks to this platform! Also, this platform is helping to keep up with this continuous growing space. Again, the exponential growth of new tokens each day has made it imperative that consumers and investors be protected. Average Coin Offering (ICO) is surpassing 20 new Token Solutions each day. Because of this, the presence of OMINEX is more necessary than ever to ensure that all these Tokens are well regulated and in compliance. In the process, protecting the consumer.
Solutions offered By OMINEX include:
- To Vet out and verify the legitimacy of new coins being offered to the World.
- Create an avenue for Users (via OMINEX WALLET) to easily participate in newly vetted ICO’s.
- To Make the viewing, buying and selling/acquisition of top Coins easily accessible to consumers within a single Wallet.
- To Set the pace for future wallets. You don’t have to be a fortune teller to know, that this will become the #1 User Wallet and Solution for accessing and working with Cryptocurrencies worldwide.
Cryptocurrencies are growing in number. Consequentially, OMINEX’s task is also getting greater. Thankfully, they are rolling out new benefits and features to keep up with the demand. This is an indication that OMINEX sees the potential benefits that Cryptocurrencies and Blockchain deployment have in the world.
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