Best Altcoin to invest with

[oscarwhale189]

Smart contracts are self-executing contracts based on agreed criteria and written in code, removing the ambiguity of terms and reducing the requirement for lawyers to draft and interpret. When the criteria of the contract are fulfilled, ownership or payment, for example, will be automatically transferred. A smart contract could be amended if the parties agree, and would maintain a record of all versions and amendments to the contract. It then would automatically complete once the criteria of the most up to date version are satisfied. Criteria could include payment or even government approval for the transaction. This may save time and costs for interpreting legal terms and tracking records, and government authorities could potentially access relevant parts of contracts to audit or pre-approve the taxation treatment. Joint ventures are common in the oil and gas industry and generally require a suite of complex agreements (for example, relating to the sharing of costs or revenues), which could be implemented as smart contracts. Most contracts contain audit clauses giving the parties the right to audit each other to make sure that all parties are complying with the contract. Introducing a blockchain ledger to record joint venture transactions and using smart contracts to define, negotiate, and execute the contractual conditions will provide all involved parties, including the tax authorities, with transparency and consensus on what has occurred. This single audit trail, agreed upon by all participants, will significantly reduce the effort needed to ensure timely tax compliance and reporting, as well as the effort needed by the tax authorities to understand tax positions. As part of a global industry, oil and gas companies have to consider double taxation and transfer pricing implications. The use of smart contracts for transfer pricing profit allocation is another area of potential for simplification, increased transparency, and overall cost reduction.

Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.

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[Vovan99]

if the altcoyin has an interesting project that can help people, then it is doomed to success. Many coins are successful, you just need to skillfully choose

[KGBx]

ETH, then LTC, NEO, XLM...it depends on the ICO, some may give you benefits with other alts or they may accept only certain alt but mainly it is ETH.

[Signmd]

Investing in the crypto market is not 100% guaranteed. The market is young and volatile, everything is possible on this market. Investing in crypto is the most important thing to choose technology tokens. In my opinion, very promising tokens: XRP, Tezos, ICX, ETH, KIN.

[Joshapat]

I suggest to buy ethereum, it must be known that ethereum is a coin that can be used to make tokens so that it will make the use of ethereum even greater, and of course ethereum is a very strong coin because it continues to be developed.

[VclDm]

ETH, then LTC, NEO, XLM...it depends on the ICO, some may give you benefits with other alts or they may accept only certain alt but mainly it is ETH.

Now if holding ETH is likely to be the highest risk, as they do not tend to increase today, in my opinion they will not be able to rise again, stable at $ 200 price. So looking for new pennies for such investments will bring us more benefits

[gulypz]

My favorite project is Tezos. I think you will come to very good prices soon. Already slowly started to be listed on the beautiful exchanges though.

[guillot1ne]

In my opinion, if you would to invest for long term, you just should to chose one or two altcoins. Just like XRP or Litecoin. You would to buy any from top 20 altcoins in market.

[akterjuli]

Ethereum is a good coin and it's a popular coin in crypto market as well. ETH price is now low I mean $200+ If we can buy it and hold at least 2-3 months then hopefully we will get a good profit from ETH. After all ETH is using in many ICO projects as a payment method that's why I think ETH's future can be bright.

[CowboyX]

Well, for me, the key points in the study of altcoin are a strong team, a useful idea for the project and trading on large exchanges. Well, you can follow the rating of the project

[paderobin]

ETH, XRP, XMR, QNT, XLM. Investing in these Altcoins may bring you huge profit in the later future.

[shulc7]

Different people different thoughts. You can only choose an advise whatever you like, but you should remember that it was just our advice, desition is up to you. Anyway maybe ONL project will be on top!