DasCoin Ushers in a New Cryptocurrency Era
DasCoin combines the best of traditional, centralized currencies with the best of blockchain-based cryptocurrencies to create a hybrid currency for a new era. DasCoin’s ecosystem provides a network of interoperable distributed applications founded on equity, trust, and security. The ultimate goal of DasCoin is to provide financial freedom for mainstream users.
What Is DasCoin?
DasCoin presents itself as the currency of trust. It is a hybrid digital currency, meaning that it is well positioned to satisfy the regulatory requirements of traditional fiat currencies, like the U.S. dollar, with the ability to move and manipulate information on a distributed blockchain.
DasCoin differs from traditional cryptocurrencies in this important regard while bringing several other advantages to the table, such as:
- Scalability– Traditional cryptocurrencies, like Bitcoin, have already far exceeded their transaction limits, causing widespread delays in the blockchain. DasCoin has the ability to scale to more than 100,000 transactions per second.
- Speed– DasCoin is fast. Really fast. Bitcoin transactions can take hours or days to clear, while DasCoin averages about six seconds per transaction.
- Security– DasCoin’s focus on regulatory compliance means that it has built-in Know-Your-Customer authentication already present on its blockchain. This creates an ironclad security system that meets or exceeds the expectation of governmental requirements. Additionally, DasCoin’s master node system means every user is permissioned and privacy is assured.
- Accountability with Adaptability– DasCoin’s Know-Your-Customer expertise makes it compliant with all applicable government standards, including counter-terrorist financing and anti-money-laundering standards. As regulations grow and change (which they almost certainly will), DasCoin’s system is ready to adapt to meet the ever-changing needs of its dynamic community of users and partners.
Key Features of DasCoin
DasCoin is more than just another cryptocurrency. It is a complete ecosystem for use and development. Its consortium blockchain is more efficient, secure, and speedy than less-evolved blockchains. There is also an authentication network in play tied to the Know-Your-Customer protocol. DasCoin is ill-suited for money laundering or criminal activity due to its high internal standards and security checks. These checks are balanced to ensure fairness and transparency among all stakeholders, who can interact with the blockchain via a decentralized wallet.
Into the Future
The future of tech lies with blockchain and DasCoin represents the future of blockchain. It is fast, secure and ready to meet all incoming governmental regulations. Little wonder it calls itself “the Currency of Trust.”
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Smart MFG Tech Announces its First Liquidity Mining Rewards Program on LINKSWAP
Manufacturing Industry 4.0 company Smart MFG Tech has announced that it is launching its MFG Liquidity Mining Rewards on LINKSWAP today. LINKSWAP is a decentralized, community-governed Decentralized Exchange (DEX) and an AMM platform, which was created by YF Link (YFL). The team at YF Link says it aims to address “the pain points of second-generation AMMs” by offering such features as Reduced Impermanent Loss, RugLock, SlipLock that are not offered by other platforms.
Smart MFG Tech has said that the first integration of the MFG liquidity mining rewards will use the LINKSWAP LP (Liquidity Provider) Rewards service. It will allow LPs to deposit their LP token(s) (UNI-V2) to the participating rewards pool (ETH|MFG) and earn MFG rewards seamlessly. Smart MFG said it will continue to work with the YF Link team to provide support for other pairs and expand services.
LINKSWAP’s Rewards is a liquidity mining service that enables LPs to earn rewards for providing liquidity in a participating pool. YF Link has implemented a custom frontend solution for Smart MFG LP rewards pool on LINKSWAP. This will allow LPs to add liquidity to Smart MFG’s existing ETH|MFG pool on UniSwap v2 and deposit their LP token(s) (UNI-V2) to their LINKSWAP rewards pool (ETH|MFG).
Smart MFG explained how the rewards can be earned:
“LPs get a share of the transaction fees on Uniswap v2. This is calculated by how much liquidity is provided relative to the percentage…
Building Your Nest Egg Brick By Brick: Are Micro-Investments Here to Stay?
No matter what our goals are, sometimes just getting started can be the most difficult part of building our savings up. When it comes to investing, many of us are wary of parting with our money to generate more financial security in the future. But what if you can build significant savings without even noticing?
That’s the aim of the micro-investing apps that have come to dominate online stores across Android and iOS. Today, more fintech startups are working on delivering refined solutions that encourage minuscule investments at a more frequent rate.
Micro-Investing apps will look to make saving more accessible to young people – many of whom in the UK have little-to-no money tucked away for a rainy day.
However, the prevalence of money-saving technology and the disruptive chaos of the COVID-19 pandemic appears to have prompted a widespread increase in households saving more of their disposable income:
With micro-investing platforms playing a role in bringing UK household savings back up to five-year highs, is it fair to say that little-by-little investing is here to stay? Let’s take a look at how micro-investment platforms could revolutionise how we manage our finances:
What is Micro-Investing
Micro-investing, or sparse change investing, is a relatively new development in fintech. It effectively enables users to put away small amounts of money towards their long, or short, term goals. The idea…
Decentralized Insurance Platform Bridge Mutual to Launch BMI Token on Polkastarter
Bridge Mutual, a decentralized platform that allows users to insure stablecoins, has announced that its native BMI token will be launched on Polkastarter tomorrow, January 30. The Polkadot’s decentralized exchange will host an Initial DEX Offering (IDO) for Bridge Mutual.
“Even the most sophisticated digital asset investors are at risk of losing their funds through various malicious and negligent activities in the blockchain ecosystem. With Bridge Mutual, we believe it doesn’t have to be this way. Using Bridge, people can control the risk exposure of their digital asset investments, just as they do with real-world assets. The Bridge Mutual platform allows people to offer and purchase coverage in a decentralized p2p way. We’re excited kickstart the launch of the BMI ecosystem with a launch on Polkastarter and creating a better way of protecting digital assets for users all over the globe,” Bridge Mutual CEO Mike Miglio said in a statement.
Bridge Mutual allows users to buy and sell insurance for smart contracts, stablecoins and crypto exchanges, peer-to-peer. Users can purchase insurance via the Bridge Mutual app and then file a claim if their digital assets are lost after a hack. “When users lock stablecoins in Bridge Mutual’s coverage pools, those funds are reinvested into popular (and safe) yield generating platforms that return yields to coverage providers. When a claim is approved, stablecoins from the coverage pool goes…