Creator of New Cryptocurrency Reveals How to Take On World Bank’s Hege-Money

in cryptocurrency •  7 years ago 

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The Serbian IT-specialist is part of the group that is currently developing CloudCoin, a new cryptocurrency that could take on Bitcoin.

The system was invented by California-based professor Sean Worthington who patented the technology, registered the trademark and delegated the rights to the CloudCoin Consortium, encompassing people from different countries, including from Russia.

People were afraid of using payment cards but now they are popular around the world. “People used different stuff and precious metals before paper money and coins. Then the banking card was invented. We just need to figure it out,” Bajić said in an interview Sputnik Serbia.

There is the emerging need for a new currency that could reduce the power of banks around the world,” Bajić said.

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