Registers this week
What is OneCoin?
OneCoin is a digital currency, based on cryptography and created through a process called ‘mining’. Just like the serial number on a paper bill, each digital coin is unique.
Unlike money issued by governments, there is a finite number of OneCoins, ensuring they cannot be affected by inflation and are impossible to counterfeit. Because cryptocurrencies are not tied to any particular country or central bank, the value of the coin depends on factors such as useability, demand and supply.
When joining OneCoin, users become part of a global network of millions of OneCoin miners, who are able to choose among different ways to use their OneCoins. You can mine the coin and benefit from its value. You will also be able to make payments and transfer money to and from any part of the world.
OneCoin’s new and unique blockchain will set a new industry standard by storing KYC information, running every minute and is tailored to customer and merchant needs.
With its finite number of 120 billion coins, OneCoin will be one of the biggest reserve currencies worldwide
What is Cryptocurrency?
OneCoin bring users together in a global community that allows them to mine and use the OneCoin cryptocurrency. Essentially cryptocurrencies are protocols that allow the validation of transactions without the need of a third party such as banks, credit card companies or escrow agents.
The blockchain is a digital technology that records and verifies transactions. The blockchain changes the way many industries operate, including the financial markets. It is a key tool behind innovations, especially cryptocurrencies in general, and OneCoin in particular.
A secure tool that creates cost-efficient business networks, the blockchain’s ledger can track and trace anything of value.
The new OneCoin blockchain is very powerful, being able to process more transactions than credit card providers. It runs every minute, which makes it the choice for merchants because it stores users’ KYC documents – setting a new standard in the cryptocurrency industry
OnePay is a unique payment solution for easily accessing and transferring funds electronically. Accessible from any location in the world, the world-wide payment network, proprietary payment platform and global payment solution ensures payees that they receive their funds in a timely and cost-effective manner. OnePay is a trusted payments technology and a service provider to top-tier organizations across multiple industries. Payees enjoy the benefits of quickly receiving their funds and the ability to choose payment methods that are most convenient for them, including local bank direct deposit, branded prepaid cards and more