The Deal Coin, the Telephone and the 10th anniversary of the first Bitcoin transaction.
January 12 2019 - 9:00AM
InvestorsHub NewsWire
The Deal Coin, the Telephone and the 10th anniversary of the first
Bitcoin transaction.
"Mr Watson - Come here - I
want to see you" were the first words spoken over the first
telephone call by Alexander Graham Bell to his colleague in the
next room on March 10th 1876. Who would have foreseen how this
invention using a liquid transmitter would evolve into what we
experience today in our constantly connected mobile world of social
media and video calling? Machines that talk to each other and
artificial intelligence are all made possible in a world of
invisible communication networks.
10 years ago, today,
Satoshi Nakomoto sent the first ever bitcoin transaction to Hal
Finney, revolutionising the banking world forever. The bitcoin
network has grown exponentially since and currently averages over
$5 Billion in peer to peer payments each day. The world may have
been slow to embrace this pioneering payment system but with
adoption levels still only in the embryonic stages we are already
seeing the potential that blockchain technology can bring to many
industries including financial, supply chain, insurance, security,
identity and legal to name just a few. With many banks now
investing hundreds of millions into new blockchain patents and
projects who knows what the next ten years will bring thank
you Satoshi !
The Deal Coin project launched in 2018 with a vision of
revolutionising the peer to peer lending industry through its
hybrid decentralised lending platform that will seamlessly
incorporate blockchain technology, security and transparency. A new
financial eco-system that will act as a wake-up call to the global
finance sector.
Through the use of the
latest blockchain technology, asset securitisation, insurance and
legally binding smart contracts the platform will help lower the
cost of finance and make it faster, fairer and easier for
businesses to access funding wherever they are in the
world.
Our vision is to close the
gap between lenders and borrowers and create a new eco-system which
includes service providers working better, together such as legal,
insurance, conveyancing, arbitration and debt collection. Through
the removal of outdated and cumbersome processes and the costs
levied by the financial institutions the platform will ensure a
better deal for all.
Businesses will be able to
raise finance through the securitisation and registration of their
assets on our blockchain lending platform. Whether the asset is
gold, property or even Bitcoin in the future we envisage businesses
being able to raise finance in minutes rather than weeks or
months.
The Deal Coin is the
utility for the eco-system it will reward all partners who provide
their services involved in the loan
process.
The team are proud to
announce that on the 10th anniversary of the first peer to peer
bitcoin transaction we have launched The Deal Coin on LAToken,
a leading global cryptocurrency exchange, where it is available to
buy now.
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