Market Overview
Cryptocurrency
A cryptocurrency is a digital asset designed to works as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. One of the major differentiators of modern-day cryptocurrency is the emergence of the transaction database in the role a dsitributed ledger, reffered to as a blockchain.
The primary benefit of using a blockchain as a ledger is that it is a frrely and publicy available transaction history, making it completely transparent. It is also considered immutable, meaning that the cryptocurrency developers cannot change the transaction records. The argument for the benefit of this attribute is that transaction may always be trusted, without the involvement of a centralized authority, once they are committed to the blockchain ledger and confirmed by other peers. The downside is that accidental loss, theft , og fraud can never be undone -- an inherent trait of a completely decentralized, unregulated systems.
On emajor benefit to cryptocurrency is that it is not stored in a bank, as it is digital, decentralized, and tracked by the blockchain. Many crypto owners prefer to use a "wallet" to manage their private keys, which need to be safely stored in order to access cryptocurrency holdings.
Market Snapshot
The first decentralized cryptocurrency, termed Bitcoin, came into exchange circa 2009. The underlying systems was created by the individual or groups knowns as Sathosi Nakamoto. For many of the early years of Bitcoin's existance, it was largely treated as a "joke" or conversation piece among data scientist, mathematicians, and eraly adopters. However, as people began to barter Bitcoin more regulary, the utility of Bitcoinas a functional form of payment became apparent. As more people bought Bitcoin, the price adjusted upward with the market demand. As the price rose, more people began to view as an investmant vehicle and bought in. Its success eventually sparked the creation of many other cryptocurrency, deemed "altcoins."
While Bitcoin's price has been very volatile, seeing price swings of double digit percentages in short time frames, its trend has been extremely bullish, increaasing in price exponentially. Initially, Bitcoin was virtually free, but as of June 2018, commanded nearly $7,000 per coin. Based on the finite supply of Bitcoin, which cannot be weakened by dilution; some proponents of cryptocurrencies argue that the main cryptocurrencies could easly exceed USD $100,000, per coin, within the next decade. The continued argument for the utility of Bitcoin includes that it is divisible down to 8 decimal places, which means that it would still be possible to buy products and services at low price by sending a very small fraction of a Bitcoin, in the case that Bitcoin becomes worth a substantial amount per coin.
Target Market
As "digital asset', cryptocurrency appeals to anyone who is looking for an alternative store of value, investment vehicle, or trading rersource. Although it is an uncorrelated asset class, in many ways digital assets are si,iliar to physical precious metals goods and services. Due to its finite quantities and independence from any goverment entity, it can be hedge against financial warfare, national currency failure, negative goverment decisions on monetary values, and corruption.
While cryptocurrency may be viewed skeptically by the risk-averse, due to its volatality, even conservative investor will "buy-in" ti diversity their portofolio and spread the risk among a much larger pool of investors. Additionally, many corporate entities are buying in simply to gain access to unique applications built on top of the underlying blockchain technologies. This continues to spur investment by many others who also see the extreme potential for increasing market capitalization and cryptocurrency prices.
Javvy Features
Javvy is on All Platforms
- Available on Windows, Linux, Mac, iOS (natively), and Android (natively)
- Find it the app store for each platform or at javvy.com
- Available in all countries, where not prohibited, with wide language support
All-in-One Wallet
- See your entire portofolio at-a-glance with an exceptional user experience
- Hold and manager numereous cryptocurrency assets
- User-friendly backup options with security as a focus
International Debit Card
- use cryptocurrency like cash at any location that accepts debit card
- Instantly converts crypto to Fiat to refill balance on a pre-paid debit card
Native ICO/STO Support
- Providers Whitelisting/KYC/AML for ICO/STO participantts
- Providers accreditation services for STO participants
- All vetted, new token supported within the Javvy wallet
- All vetted, new token automatically supported on certain partner exchanges
- Adapts KYC/AML policies based on citizenship of buyer/investor
Passive Income Wallet for Merchants and PoW/PoS Miners
- Receive crypto payments and/or mining rewards directly to the wallet
- Rule-based automatic conversation to crypto/token/FIAT
Goal/Conclusion
Javvy plans to disrupt the cryptocurrency industry by providing a superior alternative to traditional web-based crypto exchanges and wallets. By building a comprehensive crypto wallet with buy, sell, convert, and management capabilities, javvy aims to deliver the ideal solution.
Javvy approaches cryptocurrency from a compliance and regulation-first perspective, and is powered by a team with decades of extensive regulatory, compliance, programming, and security experience.
The cryptocurrency market is still in its infancy. As a result, lack of information and the absence of easly-identifiable best practice, has led crypto users to resort to combining feature-poor, and often insecure, crypto utilities to obtain and manage their cryptocurrency. We, the Javvy team, decided that there is a better way. We are consolidating the full functionality of cryptocurrency into a previously non-existent, comprehensive solution with a focus on security, simplity, and keeping the control of cryptocurrency where it belongs, in the hands of its owners.
MORE INFORMATION
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Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
Bountyhive Username : luiz
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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