Cryptocurrencies will have a global public register

Cryptocurrencies will have a global public register

The number of cryptocurrencies being used in the world is enormous; however, up to now, there is no platform that joins them together and eases their identification. This lack is the reason for the Cryptocurrencies Public Register Institute, an NGO in Delaware that has created a global public register for cryptocurrencies.

This innovative platform will not only make it possible to publish each cryptocurrency’s “white book”, but it will also offer a space where initial cryptocurrency offers (ICO) will appear. With an ICO, the developers look for financing for their project, from any part of the world, so they can carry out a pre-mining and offer tokens to change with other cryptocurrencies already in circulation and that are, furthermore, exchangeable for real money. Meanwhile, the more money a person invests, the more tokens they receive in exchange.

Therefore, the date of said offers can be found more quickly, in an official public register, by potential investors, without a doubt will give impetus to this cryptocurrency. Another advantage that the NGO platform will is that companies will be able to consult the names used by other cryptocurrencies and thus avoid repetitions. This mechanism is very similar to the ICANN corporation that is commissioned to regulate the dominions that are already occupied and the available ones on internet.

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