The South Korean city of Seoul develops own cryptocurrency. The digital coin will receive the name S-Coin and will be used in programs of the social privileges financed by the city.
And with what new projects and altcoins will be there an expansion and examining of an opportunity for more attract hayp by itself?
Remains not clear when the main financial institutions will be ready to entry into the market.
At least several months will be required to see large banks in a game. But when it will occur, the market will receive essential liquidity and public instruments of investment.
Cryptomarket news daily give surprises. The event is connected with a pessimistic external background. Capitalization of the market according to Coinmarketcap of 341 billion dollars. For the last three days some little-known cryptocurrencies appeared in a green zone and that for a while.
The main fears of participants of the cryptomarket are connected with large-scale regulation which is implemented by one jurisdictions and is announced by others. Negative news were aggravated. Thus, nine million clients have been cut partially off from the cryptomarket now and from now on. Except bank of Great Britain, credit cards were vetoed by MBNA, Bank of Scotland and Halifax banks. So the market becomes empty a little and there is every chance entry the market not the first, but in 10 of one of the first.
It should be noted also growth of other altcoins. In the April mailing sent to investors Morkhed has noted high probability that the bitcoin will grow and will even overcome a December maximum around $20 000. And it is very good news to us and the project of a baunta will prosper, it is obvious!
An opportunity to sell or get free computing power (CPU or GPU) in P2P-network and to create proprietary computing applications which can be integrated with the platform of transactions is offered users. Perhaps and we will have application that will allow to make transactions more conveniently and quicker oфebaunt to the project.
The purpose of the project is called creation of a token which at the expense of a binding to group of other digital assets won't be subject to volatility. Also the company develops "basic bonds" and "basic actions" — cryptocurrencies which will be the cornerstone of the protocol of ArmPack.