Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Financial and technology industries alike are combining in a grand way, giving rise to the birth of blockchain outside of its normal working conditions. Blockchain is a distributed digital ledger designed to power and back cryptocurrencies.
Smart contract is just a phrase used to describe computer code that can facilitate the exchange of money, content, property, shares, or anything of value. When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met.
Because smart contracts run on the blockchain, they run exactly as programmed without any possibility of censorship, downtime, fraud or third party interference. Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman.
Maya Coin Business Plan
Maya Coin plans on becoming the first cryptocurrency to be used as monetary instrument to do multiple transactions for the MAYA Coin holders. MAYA plans on investing in existing exchange traded tokens which could add fast growth to the book value of the actual MAYA Coin. This will only be performed after MAYA performs an extensive due diligence process. MAYA will use MAYA Coin to purchase these said coins adding these newly purchased coins into MAYA Coin’s portfolio.
Next, Maya Coin will actually create ideas, business plans (Industry Coins), purchase existing profitable private and public companies, putting those ideas and companies into its own cryptocurrency exchange traded vehicle.
Common features of DAPPs
Ideally, it should be governed by autonomy and all changes must be decided by the consensus of its users. Its code base should be available for scrutiny.
All records of the application‟s operation must be stored on a public and decentralized blockchain to avoid pitfalls of centralization.
Validators of the blockchain should be incentivized by rewarding them accordingly with cryptographic tokens.
The application community must agree on cryptographic algorithm to show proof of value. For example, Bitcoin uses Proof of Work (PoW) and Ethereum is currently using PoW with plans for a hybrid PoW/Proof of Stake (PoS).
Maya Coin Mobile App
Once you’ve entered into our ecosystem, you can manage everything. Anyone with a smartphone and an internet connection can participate in the global marketplace. Our user-friendly app will be easy to understand and gives you up-to-the-minute updates on your transactions. Here is a short list of other benefits Maya Coin app will provide to you.
- Crytocurrency news
- Native language translations
- Wallet aggregation
- Professional network
- Lower fees
The Maya Coin Team combines a passion for providing Coinholder value, industry expertise & proven record in finance, development, marketing & licensing.
James Dahlke, CEO & CO-FOUNDER
Rodrigo Arvide, Vice President
Zuher Shefan, Chief Technology Officer
Keith Christiansen, Head of Blockchain Security
Also Read – Click Here for Read All ICO Review
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