Written by Davies on / Reading time: 3 minutes.
It is not just Bitcoin
When we talk about virtual coins, it quickly comes to our head the Bitcoin. And it is no coincidence, because it is the cryptocurrency with more history. It was the one who marked the origin of a revolutionary phenomenon that, ten years later, has developed all over the world. More than 1,000 coins of this type are circulating on the net, but only the most prepared offer a true differentiating system.
Davies is a clear example of this, being a cryptocurrency supported by a European company qualified to steer the system with a team of professionals trained to work on the development of the software, among other things.
What is the philosophy of Davies?
First of all, this cryptocurrency is capable of making loans between individuals by setting the interests between them and many more things. Their payment system allows the users from all over the world to use it without any intermediary between individuals and/or businesses. There are no “buts”, because it is a tool prepared to integrate into any online store or mobile App.
This reveals the corporate philosophy and the strategic direction, but Davies is serving as an development engine for the needs of payment of the twenty-first century, in which boosting money between accounts and different currencies became too costly in terms of time and money. Also, with new models of cost-effective advertising and fast shipping of assets.
Advantages over other online payment systems
There is no need to be an expert to realize the amount of benefits provided by this system over the others. For example: commissions will be infinitely lower than the banks, and the transactionspeed much faster, especially at an international level. As a result, millions of people could have control of their own money for the first time since they, themselves, will be the Bank itself.
Everything is possible thanks to the cryptography system, the blockchain and the distributed consensus. They are able to provide a mechanism for secure coding, and the miners are responsible for certifying the transactions. It seems that society has been taking, little by little, awareness of its advantages. As an example of it, Bitcoin was officially recognized as a form of payment in 2015.
What happens if we invest in cryptocurrencies?
It seems that investors have found a tasty dish in this possibility, precisely because someone who has invested an amount of dollars in Bitcoin back in 2013, for example, now has an investment that exceeds that value more than ever. Is there a risk? Yes, we can find it everywhere, but everyone's biggest risk is remaining paralyzed.
In addition, the liquidity of the cryptocurrencies is very high and can be sold in exchange for other currencies. The possibilities are very wide, and it is no coincidence that around 3 million people already use them all over the world.
Buying cryptocurrencies opens a range of infinite possibilities, from the loans between individuals to the control of our own performance. Societies with difficulty accessing such resources have found a golden opportunity in virtual currencies because they have managed to reduce their financial poverty. This is only the beginning of a world yet to be discovered.
Do you want to join the plan? Try Davies by clicking here and don't miss a thing about this project.