Posted by hoolahoo > 2018-01-29 14:24 | Report Abuse

A short narrative: Whereas money is printed by governments or central banks, digital currencies are generated through a complex process known as "mining". Transactions are then monitored by a network of computers across the world using a technology called blockchain. There are thousands of them, largely existing online, unlike the notes or coins in your pocket. It may be more useful to think of them as assets, rather than digital cash. However, the anonymity that decentralized crypto-currencies offered has also attracted criminals. On the other hand, an only unique company based centralized system called OneCoin cryptocurrency was founded in 2014 by a Doctor graduated from Oxford University to address security and to provide an opportunity for everyone to take part in creating OneCoin that can easily be used for various transactions worldwide (fast, safe, secure, transparent) The vast majority of OneCoin holders, for instance, appear to be unaware of the actual potential of their coin. Why? well cryptocurrencies are still widely attacked by their rivals in the financial sector as it is a disruption. OneCoin is also attacked by other cryptocurrencies because it is another disruption within the disruptive market of digital currencies. Moreover, there are some media bloggers who earn a living from spreading attracting news predominantly negative so they get more clicks on their sites. OneCoin is mined by individuals who join OneLife network that take part in OneAcademy educational courses. This network has by far the biggest customer base reaching 3.35 million people and therefore is a great tool for the above mentioned bloggers and unknown fake news distributers to take advantage of those who they can confuse. Smart people will verify the source and the reason of any news, article, blog or channel before they become a victim of the game they play. Any investigation makes the company operate even better. The value of a crypto-currency is determined by how much people use and utilize them as well as how much people are willing to buy and sell them for. OneCoin focuses on its utility and usability through its DealShaker platform so the value stands with less fluctuations and it can in turn gain a more solid value. October 2018 is the month when this particular coin would go public and that can be the biggest boom in the crypto market. Success of this project can certainly impact many people's lifestyles as this can provide a banking solution to the unbanked population in particular.