Monetran

Internet - Hockessin, DE, US

Monetran Details

FINALLY, A CRYPTOCURRENCY THAT CAN DO WHAT THE OTHERS CAN'TIt seems that only a handful of cryptocurrencies get all the hype and attention - we all know who they are. But do they really deserve it? For the most part they're slow, overpriced, unstable, and incapable of providing the features that are needed to serve as an everyday medium of exchange. Moneda is different. Built on the Stellar network, it's been designed to reward investors and to enable fast, economical transactions of any amount - big or small - even those under $1. The original cryptocurrency, Bitcoin, was designed to be a trustless, peer-to-peer electronic cash system. Unfortunately, some unforeseen problems arose from Bitcoin's use and popularity. Among these problems are speed, economy, stability, and scalability, which were all compromised with the expanded use of the coin. In addition, virtually all other cryptocurrencies suffer from at least one, and usually more than one, of these deficiencies.Only a cryptocurrency which is stable and can provide the necessary speed, scalability, and cost effectiveness elements will prove suitable for use as an everyday currency. The primary objective of the Monetran project has been to develop a stable token which can be used in everyday commerce, including for micropayments of $5 or less. The token has been designed not only to maintain its value, but to steadily increase in value over time. It will be backed by a portfolio of tangible assets and, in the future, it will entitle discounts for use on services provided by the Monetran system.In short, this token – called Moneda – will deliver all of the features a cryptocurrency would need in order to be considered as the favored medium of exchange for Internet transactions.Built on the incredibly fast Stellar network, Moneda will enjoy all the advantages that platform has to offer, including low cost transactions, swift and secure transfers, and conversions from one currency to another.Monetran, LLC is registered under the laws of the state of Delaware. The company will seek financing under provisions of SEC Regulation Crowdfunding. Units which include a Moneda stable token will be available to U.S. investors.MONETRAN MISSION STATEMENTOur mission is to establish a digital currency for everyday use in Internet commerce. We intend to ensure that the currency has tangible value and that people everywhere will find it desirable for transactions. We believe that, ultimately, our efforts will result in a cheaper, faster, more flexible method of transferring funds, bringing benefit to people the world over. Moreover, we believe that the mining portion of blockchain technology is a wasteful process which can be replaced by eliminating that procedure in favor of the Byzantine Consensus Algorithm model, which was refined by the Stellar network and adopted by Monetran.

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Website: monetran.com
Employees: 5 - 9
HQ: N/A
Location: Hockessin, DE, US
Revenue: Not Available
N/A
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