https://wccstandards.comHOW CAN WE GET OVER DISTRUST ISSUES COVERING THE CRYPTOCURRENCY WORLD.
World CryptoCurrency Standards (WCCS) has maintained an online platform in order to bring worldwide ethical standards to the crypto world.
It has been 10 years since humanity met the first ever decentralized digital currency; can be sent from user-to-user on the peer-to-peer network without intermediaries, verified by network nodes through cryptography and recorded in a growing list of records called blocks.
Since then, thousands of actors flew into this revolutionary new technology, establishing and growing a huge new eco system.
The most intelligent human brains of the Earth are working on blockchain projects to present valuable solutions to real life problems. However all those efforts are mostly considered to be suspicious. Insiders and outsiders of the community are in a wait and see mode. Fintechs are expressing their blockchain investments as cryptocurrency-free to impress the financial eco-system as a reliable investor and developer. Staggered crypto startups have almost gone broke. Wings are broken. Actors of the crypto world now compulsorily in a trend of cheating themselves as expressing they are focused on the blockchain technology rather than cryptocurrency.
But could this be possible, really? Can we depart the terms cryptocurrency and blockchain. Not really! The term Cryptocurrency is covering many sub-terms. Bitcoin, Altcoins, Coins and Tokens. To maintain a blockchain project which is not and will not be a payment system, will not make it positioned somewhere out of cryptocurrency. Let’s face this first. There is no possibility of blockchain technology solutions to the reallife problems without tokenization and decentralization. People need to work in peace, in focus, in belief, in dedication to reach out their goals. So what do we need ?
We need to build trust and get over distrust issues covering the cryptocurrency world.
First step, we need to diagnose the illness to exercise the cure and to get-well.
What was the first and most influencing digital currency promising? Which fundamentals were constituted ? How a future shaping technology shortly recognized as an economic bubble? Why the whole eco-system is criticized for its use in illegal transactions, price volatility, thefts from exchanges?
Well, among the terms - peer to peer, open ledger, open-source software, crypto wallets, mining, ownership, transaction, exclusion of intermediaries, timestamping - the appealing nature of anonymity soon became the achilles heel of the whole.
Here, we shall not focus on how cryptocurrency payment systems are used for illegal transactions. It is governments’ fault. If you can’t control deep/dark web activities, crimes and vendors, cursing the anonymity feature of digital asset ownership will not solve your problems.
We need to focus how “anonymity” is twisted. Anonymity in crypto world is that the cryptocurrency within a wallet is not tied to people, but rather than to one or more specific keys. And it should have stayed that way. However huge percent of developpers and owners of Coins, Tokens, Icos, Markets and Service Providers hid themselves under the magic anonymity.
An ico development is a business formation – asking and collecting fiat currency money from people in order to advance a blockchain project requires responsibility. Owning and running an exchange market requires responsibility. Almost none of them are recognized with their ownership records. They are all hidden under anonymity. Worse, fastly growing eco-system accepted this formation. The charm of multiplying their assets fastly though exchanges added unquestioning millions to the crypto world.
Prices are manupulated, volumes are speculated, transactions are hacked, exchanges were theft under the mist of anonymity.
People very lately found out that no contact, no real-person were addressed in almost none of the Icos and excgange markets. And even if they found a door to apply, no one was answering the door when they knocked. Nobody cared whose investment is gone forever to where. Little savings of those - who were dreaming to get rich by investing to a future technology on the first row - were gone or melted down throughout the process.
Unfortunately this twisted formation still holds.
For a bright future of cryptocurrency, this needs to change first.
World CryptoCurrency Standards (WCCS) has maintained an online platform in order to bring worldwide ethical standards of business to the crypto world.
In
https://wccstandards.com , WCCS platform provides Licence to the transparent and dedicated cryptocurrency blockchain projects of the crypto world.
Icos, Markets, Service Providers, Coins/Tokens are presented questionaries according to their formations as soon as they register themselves to the platform and apply for the suitable Licence type for them.
The fundamentals of the questionaries are promoting transparency on ownership and contact informations, project whitepaper and timeline relevance, software and technology structures and security / insurance policies of the crypto actors.
According to the informations provided through questionaries, applicant receives their Licence, and maybe not.
Moreover the answers provided will be open to everybody who signs up / registers themselves to the platfortm – anytime, anywhere.
Licencees then are required to refresh the information they provided on monthly bases. Any misinformation, any speculation, any intensitivity to an investor complaint shall be issued from a Licence hold to Licence cancellation.
The developpers of WCCS are a - blockchain and cryptocurrency enthusiast - attorney at law team on the core. They have / had no relationship of interest or conflict with no ever cryptocurrency individual in their history. And this is a great advantage that the crypto world - i truely believe – needs those kind of people and platforms in order to step into a self regulating transparency process. We need to judge and build our own faith with a little help and leadreship of platforms like this.
With this platform we will have a choice to invest into projects and markets who make themselves clear by means of contact information, software and technology standards, whitepaper relevancy, timeline announcements, and security policy.
The platform will be chasing down the investors complaints and will take action against fraud.
Oh please tell me what else would we ask at this point where we are stuck into distrust issues and holding still, and waiting whether we will see governmental regulations or governmental cryptocurrencies will take place and will take us to the big brother’s world...
WCCS asks no fee to first signup, and there considered to be no fee for platform users. So I do advice you to check the platform – wccstandards.com - and signup as soon as possible, and check back frequently to have an eye on to whom you are confiding when you decide to invest into any crypto world actor.
https://wccstandards.comhttps://youtu.be/QRcTGdVVHs0https://twitter.com/WCCStandardshttps://t.me/wccstandardWE ALWAYS WAIT FOR YOUR SUGGESTIONS ABOUT WCCSSTANDARTS.COM;
https://wccstandards.com/suggestionsWe ask the experts in the field of Cryptocurrency to select their areas of expertise at the link below and send their CVs to us.
https://wccstandards.com/committiesBest regards,
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