SPOTCOIN: Exchange Of Fiat And Digital Currency Made Easy

The advent of Blockchain Technology brought an upward trend in the cryptoworld. No one was well grounded in knowledge about the technology until August 18th, 2008 when the domain bitcoin.org was launched. Later in 31st October the first Whitepaper was published titled "A Peer-to-Peer Electronic Cash System" was posted to a cryptography mailing list by Satoshi Nakamoto, which gave a detailed explanation on methods of using a peer-to-peer framework to generate what was described as "a system for electronic transactions without bothering on trust". Satoshi Nakamoto mining the first ever block of bitcoin (block number 0) was a reality in 3rd January, 2009. Over the years, bitcoin underwent tremedious growth. Then in third quarter of 2010, some big companies began accepting bitcoin as a means of exchange of goods and services as against Fiat.

2017 was a remarkable year in the history of bitcoin and Cryptocurrency at large. Bitcoin rallied to attain a new ATH (All Time High) of $20,000 to 1BTC. The cryptocurrency market was in a bull run such that many new investors joined the bull run. Only for the worth bitcoin to USD to tank in first quarter of 2018 to as low as $6500 to 1BTC.

The digital exchange, as huge as it is, is very complicated and fiat liquidity is limited. To enhance simplicity and transparency, O offer you SPOTCOIN.

The digital goods market often mimics a futures market more than a spot market. While others have to navigate multiple markets and their corresponding high rates to obtain liquidity between fiduciary and digital assets, Spotcoin offers users an efficient and profitable alternative. Spotcoin was founded to meet the growing demand for fast digital currency transactions with the launch of over-the-counter market.

Spotcoin access to working capital, diversified and well-supplied digital resources accounts, it was able to provide fast and effective solutions for the customers by offering transactions that were much closer to the cash price at the start of the transaction. Spotcoin has processed over $1 million per month in transactions just two months after its launch in November 2016. Our demonstration of the concept has been confirmed as market demand has increased. The company closed over $5 million in operations at the end of the second quarter. Because of the overwhelming response, the founders recognized that the company needed further investment to grow its OTC business and expand its range of businesses. As we approach 2020, pioneers like Spotcoin remodel and further define the digital goods market and its effects on the global economy. Spotcoin will be embedded in the NEO blockchain network.

NEO is an open source and non-profit blockchain token platform, supported by the community that aims to create a distributed "Smart Economy" network. NEO is ideal for providing the platform that best supports Spotcoin's vision for the future. NEO has been specifically designed to meet the legal and regulatory requirements for fungible and non-expendable digital resources. NEO also incorporates digital identities that make your network and any token created on it, ideal for meeting your client's (KYC) and anti-money laundering (AML) requirements.