BitCoin One is a community-driven project which is decentralized, and that means that no state or company is controlling it. The platform is based on people who are helping out in support, marketing as well as development. If you have knowledge of famous cryptocurrencies like Bitcoin, Ethereum, etc., you must know that all these cryptos run over the blockchain technology which enables these currencies to be decentralized. Therefore Bitcoin One also runs on blockchain aiming to remove the boundaries that are created by centralized banking systems especially that work with fiat money. Normally traditional banking systems come with high service costs and some prevent a large number of populations, especially in the third developing countries from being the party of the financial system.
Objectives of BitCoin One
1. Bitcoin One aims at including all other users who do not own the bank account by including them within the financial system. A lot of people in Africa and Asia have no access to bank accounts. According to statistics more than 3 billion people have no bank accounts, and that means that a big number of populations is excluded from having access to the normal centralized traditional financial systems.
2. Bitcoin One aims at helping you adopt the coin and be able to conduct businesses without being monitored. This means with BitCoin One you will be able to conduct business transactions by taking control of your own funds. The state and banks will not be able to take control of your funds by setting value and controlling how much you have to transfer as well as imposing high fee cost that involves in the traditional ways when doing transactions.
3. Low fees are another objective for creating BitCoin One token. The normal banking methods involve high fees during the transfer of funds from one person to another, and this is one of the major setbacks that prevent poor people from keeping their money in the banks. With a lot of charges such as monthly charge, transfer fees, ATM charges, prepaid holder charges and many more. All these charges cost a ransom and add a big burden to poor people. This is different when it comes to BitCoin One where charges are very low, easy to create your digital wallet for preserving your token and easy to trade with other cryptocurrency traders.
4. Prevent Fraud which is one of the problems facing the normal traditional banking system. Because cryptocurrency is a digital currency running on blockchain that cannot be reversed, it is absolutely impossible to be counterfeited or reversed by the sender. This makes the transactions safe and secure than in traditional banking systems.
BitCoin One aims at solving all the major problems that you incur while using the centralized banking systems. By using the BitCoin One token, you will have all the benefits of security, affordability, and enjoy the decentralized system which prevents banks and states from controlling your funds. This is the major advantage that comes with the blockchain technology, and you should take advantage of it.
For more information check out the links below
Website: https://www.bitcoinone.io
Facebook: https://www.facebook.com/bitcoinone.io
Twitter: https://twitter.com/THEBITCOINONE
Instagram: https://www.instagram.com/bitcoinone
Telegram: https://t.me/TheBitCoinONE
Discord: https://discord.gg/uxpaTfV
English: https://www.bitcoinone.io/whitepaper/english
Bitcointalk username : ariaemily
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1434888