In our world today, times have changed and lots of Bitcoin early followers had difficulties with their funds, but they held onto their beliefs and their coins, therefore it felt like it is nobody’s business. These days, blockchain technology is experiencing a huge boom and new blockchain schemes are created daily, including the largest technical corporations. Platform are now being created to make blockchain technology a lot more convenient. Have you heard of YoCoin?
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Yocoin is a financial platform that provide its users with powerful ways to manage contracts and also award contracts for their assets. It is a full-fledged platform for guaranteed processing. The function of YoCoin is an opportunity to create and place smart contracts and the decentralized applications on its basis. Overestimating the advantages of these applications can be sometimes difficult since they minimize any risks that is connected with different types of activity. The management of finance when the ICO is carried out, service insurance, trade, logistics, the creation of partner programs, the creation of new platforms for gamblings are the most popular spheres of use of these contracts and applications nowadays. It is an incomplete list of potential opportunities of the blockchain technology use.
The Yoc platform allow involving in a simple and convenient way to use the full resources of the most modern and advanced technologies existing nowadays.
Digital Currency (Cryptocurrency) And Wallet
One of the components of Blockchain Technologies are Cryptocurrencies. The special wallet which allows storing safely the currency assets is developed for its use, and also it allows to keep and use the products developed with the help of smart contracts.
With the Yoc Platform, you can create the following:
A tradeable token with a fixed supply
A central bank that can issue money
A puzzle-based cryptocurrency
This just summarizes that you can design and issue your own personal cryptocurrency with the YoCoin platform.
YoCoin also provides its users with new opportunities for crowdfunding. By means of the YOC platform, users can have an opportunity to exclude a trust component between you as a future supplier of goods or service and the investor, to which whether it is peculiar to doubt decision-making to invest own money in the realization of your idea. They also have an opportunity to create such conditions,thereby having provided their smart with the contract which will allow storing money of the investor, the conditions stipulated in him won't be satisfied yet.
Just In case of your success money will surely pass to you, and in case of your failure they will return to the investor, at the same time terms of the contract won't be able to be changed after the start of the contract in any way. At the same time, you can also avoid the need to have the centralized arbitrator, the center of exchange of information or any other tool which needs to trust. In the same way, you can control the distribution of remunerations to investors who have supported your project at his early stage, and now have to receive all that is due to them.
As you continue using the YoCoin platform for crowdfunding, the following can be developed,
1:A crowdsale to sell virtual shares in a blockchain organization
2:A crowdfund to pre-sell a product
3:An auction of a limited number of items
YoCoin is indeed a great project and it also a great platform!. Thanks for reviewing!
For additional information about YoCoin, please visit the following:
WEBSITE: https://www.yocoin.org/
WHITEPAPER: https://www.yocoin.org/Yocoin_WhitePaper.pdf
TELEGRAM CHAT: https://t.me/yocointeam
Authored by username bitcointalk :binhan
Link profile :https://bitcointalk.org/index.php?action=profile;u=1442808
