Tuesday, April 10, 2018

Ormeus Coin: Leading the way in new financial technologies

Innovative financial technologies are changing the way people make transactions. Instead of dealing with long lines, non-compliant partners, and interrupted operations, these new applications and technologies prioritize convenience and security. With so many cryptocurrencies making their way into the market, users have to be sure about the security and the efficiency of these groundbreaking digital assets. 

Image source: Ormeuscoin.com

Ormeus Coin by Ormeus Global is a new digital money system built on Ethereum, one of the premier Blockchain and cryptocurrency platforms. Also known as ORME, it is supported by a fully-audited $250 million industrial crypto mining operation that is cryptographically linked to the Ormeus Reserve Vault, or ORV, through proof of asset technology and self-executing Ethereum blockchain smart contracts. These smart contracts are ERC20-compliant. 

ERC20 or the Ethereum Token Standard enables the execution of smart contracts in the Ethereum system. In 2015, two years after the creation of Ethereum, the ERC20 was drafted to define the regulations to be followed by Ethereum tokens. This allowed developers to find new ways as to how their tokens will be used in the Ethereum ecosystem. This means that Ormeus Coin is fully secured and follows the platform’s best practices. Its mining operations are linked to the Ormeus Reserve Volt (ORV) and optimized by custom-built artificial intelligence that decides the most profitable mainstream crypto coins to mine at any point. 

Ormeus Coin is powered by green energy. At present, it carries Bitcoin, Litecoin, and Dash mining rigs that produce $8 million a month. It has started cryptocurrency mining operations in upstate New York. 

Image source: Ormeuscoin.com

To learn more about Ormeus Coin by Ormeus Global, visit this page.