WhiteMoney is all here, Be the part of our emerging community!!!Find whitepaper directly from here :
https://whitemoney.io/static/white-paper.pdfORRead the PROLOGUE about why WhiteMoney is the next Gen CoinageMy Self Ronak Tejani, currently compleing a PhD in Economics. A serial entrepreneur with more than 5 years’ experience, I have started WhiteMoney with the Vision to integrate seamless payment and finance solution for the Next generation.
Why WhiteMoney?The foundation will provide transparency for payments management, financial management, code management and business practices for merchants, and will maintain high standards of honesty, ethical business conduct and compliance with applicable laws, rules, and regulations for the users. An accounting firm has been engaged to provide financial report audit and compliance management services. The birth and the infancy stage of WCO have been strongly supported by the founding members, the development team, industry experts, early backers, lawyers and professional consultants. We would like to thank everyone who have made extraordinary contributions to the development of the WCO Blockchain.
Introduction The WhiteMoney foundation will provide transparency for payments management, financial management, code management and business practices for merchants, and will maintain high standards of honesty, ethical business conduct and compliance with applicable laws, rules, and regulations for the users. An accounting firm has been engaged to provide financial report audit and compliance management services. The birth and the infancy stage of WCO have been strongly supported by the founding members, the development team, industry experts, early backers, lawyers and professional consultants. We would like to thank everyone who have made extraordinary contributions to the development of the WCO Blockchain.
Future PerceptionProvide meaningful access for mobile ecosystem using decentralized digital currency by blockchain technology.
WhiteMoney is founded on the principle that blockchain technology is changing the fundamental structure of not only our economy and banking systems, but also the way we connect and engage as human beings. As we move further into a world that fully implements the utility of blockchain technology, new opportunities to create Sustainable independent communities emerge.
In the infancy of the blockchain movement, we have been experiencing radical shifts in the way we transact, invest, and allocate our energy, which we have called money.
Mission“To be the most trusted, secured and easy to use cryptocurrency in the world.”
Blockchains give us the freedom to exist, however we choose, without any centralized structures at the helm.
At the core, we are developing a sustainable ecosystem, based around each individuals connections, to create the conditions to thrive in a new ecosystem.
A secure mobile digital wallet that lets you manage your money, recharges, paybills, shop, currency exchange on WhiteMoney. Send money to any person and pay for various brands like AirBNB, Amazon, Zomato, Uber, Ebay, Google Pay and many more.
Features of White Money CoinAnonymity :The main reason why decentralised currency such as Bitcoin and Litecoin is popular among people is because of its inherent privacy. Such currency allows people to make the face of anonymous. e.g; hide the transactions while remaining totally anonymous to enhance the privacy.
This means that if you purchase something online with the help of WhiteMoney, There is little chance of that transaction being tracked. Decentralised currency makes transactions very similar to cash exchanges.
This is different, however, from using a bank account where your private details are disclosed through the account number. while, in terms of the WhiteMoney Coin all of your transactions are totally anonymous and never being tracked.
Secure :People use different encryption techniques to authenticate the transfer of money, which is self-governing (that is, it is not dependent on central bank) and synchronise the generation of the units of the currency in decentralised currencies.Cryptocurrencies are decentralised; and as a digital currency, it offers a definite and secure environment. Moreover, it has made possible to gather individual wealth without any hassle, which was unachievable and anonymous.
Invest without borders:
There are many reasons because of which decentralised currencies are considered better than normal currencies. It provides a very high security level as the decentralised platform is operated from many computers, which are connected with a decentralised network. With this, it gives you the freedom of doing cross-border transactions with complete transparency. Moreover, its cost is very less as well.
Transparency :In cryptocurrencies, all of the transactions are obvious. The flow of currency transactions is very simple. So if there is any invalid or fake details related to the person using the system provided, the high level transparency of this decentralised currency can easily identify the real fact.
Instant remittance: another individual (or party) as a payment. Experts are working hard to decrease the cost and technicality while increasing the speed of this process with the help of technology.
It has become very important to solve the problem of global remittance. Many companies and executives want to transact more money between different nations.
Freedom & FlexibilityOne of the general advantages for a decentralised and distributed system is that rather than consolidating freedom and flexibility of actions to the whims of a single, central agent, it allots those qualities to all agents participating in the system.
One of the general advantages of using a decentralised and distributed system is a lot more flexible and secure transactions. either you are living in one region or a travelling person. Using the blockchain based decentralised system drives you a craziness. There are several artificial intelligence (AI) based blockchain system which consistently improves itself by learning from the behaviour of users.
In short the Blockchain based distributed systems are more independent and decentralized to give you a total freedom over your transactions.
Technology Stack
BenefitsWhiteMoney is aiming to become a fully-fledged digital payment solution and will offer cutting edge solution to fulfil their complete financial needs.
PaymentsWhiteMoney’s payment solution will include traditional products such as globally accepted IBAN, debit cards and payment processing, but will also extend to solutions for remittances services as a correspondent bank for other financial market participants to name but a few solutions.
WhiteMoney will offer access to both online and offline transaction for services and goods to the wallet owners. We foresee that this will solve challenges in many industries like :
Gaming:Online gaming is a continuously expanding industry but many passionate gamers find it difficult to upload funds in in various gaming platforms. WhiteMoney is the solution and we foresee the demand for this cryptocurrency in this field.
WhiteMoney wants to provide a platform for game developers to build Massively Multiplayer Online (MMO), turn-based, real-time strategy (RTS), virtual reality, and other types of games on. Obviously, there are a lot of platforms, tools, and infrastructure that are already in place for developers to build games,
then
Ecommerce Real Estate Platform:A great number of real estate developers are searching for simplified ways for them to accept payments for their real estate, especially from overseas investors.
WhiteMoney represents a secure and viable alternative with the potential to create increased revenues for the developers.
Ecommerce/Merchant Platformsrepresent one of the greatest tools to get a public community feedback. With an increased number of merchants that accept WhiteMoney the greater demand will be for it, resulting in its increased value.
A large part of any currency’s function is to serve as a way to buy and sell goods, and cryptocurrencies are especially suited for spending money over the Internet – with low fees and speedy transactions. Now a growing number of businesses are accepting digital currencies, as the available options for payments increase in number and function.
Well, it is obvious that the cryptocurrency thing will be constantly developing and impacting on the state of things in our world. Therefore, the earlier we incorporate it in our e-commerce businesses, the higher chances are for us to get in a new world economy. Moreover, as we have already mentioned, large world-known enterprises have already accepted it.
Public Cryptocurrency exchangesoffer the opportunity to exchange various cryptocurrencies (WhiteMoney, Bitcoin etc.) or into FIAT money.
WhiteMoney(WCO) aims to create a lending platform built on trust and reputation with the Ethereum ecosystem.
Security is the first priority within our decentralized platform.
We utilize the popular Ethereum blockchain technology allowing other developers to join seamlessly and without worry.
WhiteMoney contributes to redefining the core trends of cryptocurrency in the present and future to generate positive changes in the way that crypto is viewed and accepted in the next 5 to 10years.
Partnerships with existing providers for cash deposits and withdrawals.
WhiteMoney will partner with retail providers who currently distribute cash deposit and withdrawal services.
Network of agents.
In developing countries where infrastructure to handle deposits and withdrawals is not established (such as South America), WhiteMoney will offer relevant retailers (such as newsagents or gas stations) the ability to be agents for WhiteMoney to handle deposits and withdrawals. Each of these agents will have an account with WhiteMoney to facilitate this.
Complete Financial solution - WhiteMoneyWhiteMoney is a platform created for buyers and sellers all over the world. With an easy-to use online store builder, any seller is able to create their own storefront to sell their goods, while making use of the platform’s wide range of features for a minimal fee.
Our service offers great opportunities for self-employed entrepreneurs, small-scale manufacturers, family businesses and makers of handmade crafts, such as a selection of tools for direct customer feedback, bookkeeping, sales analysis, advertising and promotion, as well as a convenient, user-friendly interface.
WhiteMoney integrates all the necessary tools for starting the trade and promoting the products to other countries’ markets.
AT LASTWe want to WhiteMoney will become World’s largest mobile commerce platform with the use of cryptocurrency.
I will regularly update this topic, As we got the new news and updates. Will also put all my social media account to prove authenticity of Our Vision
I hope all the community member will like the my vision and mission and
Join the Revolution.. Looking forward to hear your thoughts from you Guys
