PeruCoin - the future for Peru

Introduction

Hi dears, another interesting project is being started. First of all, for who missed the previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly. All this racket of cryptocurrency has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of blockchain technology. The blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc. An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

For this reason, the project I am going to present you is PeruCoin, a Bits2u project initiated with the objective of expand the knowledge about cryptocurrencies in Peru.

Definition

As I said before, PeruCoin (PRU) (https://perucoin.com.pe/) is a project initiated by the company Bits2u, which aims to expand knowledge about cryptocurrencies to the Peruvian population through education and increased awareness of the Peruvian population in general about the benefits and security of the chain's technology of blocking and the adoption of digital currencies. Bits2u is a company founded in 2016 that rents out mining power in the cloud and allows mining without the need for the user to consume electricity at home.

The idea is to plan guided tours where Peruvians can appreciate the technicalities and operations of mining machines in action and through conferences to foresee the development of a new financial ecosystem in Peru based on the interactions between the education of the population and the interactions of blockchain technology and asset management.

Goals

In addition to the goals explained above, to promote knowledge of the cryptocurrencies among the Peruvian population and the development of a new financial ecosystem in Peru, the PeruCoin team also has other important objectives in mind:

The purchase and acquisition of the factory that will become a mining farm.

Improve and promote the widespread adoption of cryptocurrencies among Peruvians.

To become the next generation mining cryptography platform that takes advantage of the Blockchain technology potential through mining exploitation.

Provide great financial returns to investors, owners of PERU cards and participating merchants.

Advantages

The PeruCoin ecosystem provides the following benefits:

A secure and decentralized platform
The first educational platform, which will promote the knowledge of crypto-science in Peru
Reduced mistrust and fear of investing in kryptomes
Great, incentivized tools and ideas for people, businesses and organizations

Roadmap

Date Events
Q1 2018 PeruCoin Development Starts
Q2 2018 ICO Launch
Q2 2018 Sending invoices
Q3 2018 Factory Purchase
Q3 2018 Purchase and Installation of Mining Machines
Q3 2018 Purchase and Installation of Lightmeter
Q4 2018 Implementation of Factory Security
Q1 2019 Inauguration of the factory and first guided tour
Q2 2019 First Conference of PeruCoin

Airdrop

The project gives the opportunity to earn PeruCoin (PRU) tokens performing some social media tasks and doing simple steps from the bounty program explained into Bitcointalk Web Page. Here (https://bitcointalk.org/index.php?topic=4297444.0) you can access to the link in order to see what are the conditions to become an early PRU contributor and start acquiring tokens.

Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://perucoin.com.pe/whitepaper.pdf). You can also stay tuned in their official Telegram group (https://t.me/perucoin), through their Facebook page(https://www.facebook.com/PeruCoinOfficial/) or via Twitter(https://twitter.com/Peru_Coin). I hope you liked the post and soon I'll send you new ones.

Extra details

Token: PRU
Platform: Ethereum
Type: ERC20
Price in ICO: 1 PERU = 7 USD
Tokens for sale: 1,900,000

Team