Scotcoin is a new way of digital cash, that gives Scottish people an effective and innovative way of purchasing goods and services. This currency was
Scotcoin is a new way of digital cash, that gives Scottish people an effective and innovative way of purchasing goods and services. This currency was established in 2013 by Scots and is considered to be one of the first and most successful alternative digital currencies in the country. More importantly, Scotcoin http://scotcoin.org/ is not just limited in the country, but it can also be used by businesses and individual from all over the world, in order to tranfer services or wealth.
Transactions with Scotcoin
This cryptocurrency of Scotland is a decentralised way of transactions and therefore is not governed by any central bank. Like Bitcoin,it can be used for financial transactions online and on smart phones. It uses blockchain, which requires no trusted third parties, in order the exchanges to be mace. In fact, transactions with Scotcoin are fast, cheap and secure and can be used the same way the locals use pounds. For example, people can pay for a meal or buy tickets for a concert or buy other services online. It’s high level of security that allows it to process a number of transactions online at a low cost; which means that the users can receive payments with almost no fess. In addition, people can transfer Scotcoin in other countries around the world. For instance, the can transfer this cryptocurrency from Scotland to Australia in just 10 minutes.
Success of Scotcoin
Today Scotcoin is mined and held by both individuals and businesses in Scotland. It’s essential that the public have access to the coin and there are many opportunities to use this special cryptocurrency online for various transactions. It’s being build by a robust network and people have a number of possibilities to earn more Scotcoins. For instance, they can promote this way of digital cryptocurrency throughout Scotland, as well as in other countries all over the globe. In addition, individuals can increase the vale of the Scotcoin by choosing to use it more in their everyday online transactions. In fact, the more people who use the Scotcoin, the more valuable it’s going to become in the long run.
Scotcoin can be used very easily by everyone and it can be used just like any other digital payment system in the markets. The users need to be online and have a credit card, in order to be able to complete their online transactions with the Scotcoin. Moreover, it can also be sent offline via SMS or email on a Nokia phone. Actually it’s a new way of transactions, which offers limitless possibilities and at the same time it promises a secure and reliable decentralised money system.