Digital currencies are now attracting public attention. After the bitcoin flare, there is now octocoin. Octoin, an international financial organization working on cryptographic markets, says that tens of thousands of Indonesians have invested in Octoin Coin (OCC) digital currency (cryptocurrency).
"In Indonesia there are tens of thousands of people who have decided to invest in OCC, there are some new leaders and successful clubs with people who know how to earn income with the help of cryptocurrency," said Octoin Indonesia Leader Diane in a written statement in Jakarta.
According to him, Octoin is finishing the testing phase of OCC and preparing to release it to the global exchange site. The advantage of OCC is that it has a PoS mining algorithm or Proof of Stake.
"This is the algorithm used by most of the new generation of cryptocurrencies.The competitive advantage of PoS is that this technology no longer uses large computing power for mining," he said.
Diane added, now users can have most of the share in the system itself. The reward will be proportional to the size of the stock. That is, investors' funds are stored in secure electronic wallets.
"At the same time, the funds work automatically and multiply," he said.
OCC was first sold for US $ 1 per coin. Coins It was first released to the market in the fall of 2017 and created a huge success among investors.
OCC has been actively traded internally in China, South Korea, the United Arab Emirates, India, Africa, Turkey, Europe, the United States and Indonesia.
"Octoin will hold a conference in Surabaya where there will be a speech by international blockchain and cryptocurrencies investment experts, in addition to a summary of achievements in 2017 and development plans in 2018," he explained.
For information, the use of digital currency in general is increasingly widespread in some countries that give permission. However, in Indonesia, the use of cryptocurrency as a means of payment has no official permission.
Bank Indonesia (BI) and the Financial Services Authority (OJK) will coordinate to discuss further on the legal umbrella for digital currency transactions in Indonesia.
