The trustless, transparent and immutable nature of blockchain technology is now widely recognized, and its use has become increasingly popular for the management of systems and money. However, cryptocurrency in particular has been restrained by the volatility in the developing market; causing a bottleneck in its mass adoption.
Legitimately, businesses and consumers don’t want to be exposed to unnecessary risks when making transactions. You can’t pay someone a salary for example in Bitcoin, if the purchasing power of their wages keeps fluctuating. On a standard day, a cryptocurrencies price typically varies by around 20%, which is a significant discrepancy and certainly not a sustainable way to manage finances or plan for the future.
DNotes Global, first incorporated in 2014 created the DNotes digital currency as a solution to this, being an alternative form of payment that delivers the true cost advantages, beyond just the lower cost of transaction. While many people want to escape the centralized banking systems and leverage the power of a censorship-resistant blockchain ledger, it has not been wise to ditch the bank altogether just yet.
That is all about to change over the coming years as DNotes flesh out the many features of its supporting infrastructure and ecosystem that will effectively integrate the digital currency into the real world. It is a work in progress, but DNotes Global Inc is planned to develop an exchange, decentralized bank, marketplace, software plugins for merchants, and more. DNotes currently provides a robust crypto wallet and P2P payments system, as well as a cold storage wallet (the DNotes Vault) that’s backed by a 100% deposit guarantee.
What makes DNotes fit to become a stable digital currency is due to the innovative company model and the mechanisms it employs to ensure long-term sustainability. DNotes is backed with 25% equity in the profits of DNotes Global, giving the digital currency intrinsic value and a price ‘floor’, so it is not as easily affected by the crypto markets volatility.
Furthermore, people who hold their crypto earn 0.5% interest on their wallet balance every month (6% annually) with the CR.I.S.P - Cryptocurrency Investment Savings Plan. The network is governed by the community with the Proof-Of-Stake blockchain consensus method utilized, which further rewards those who hold their DNotes, as they support and protect the network. The more coins a person holds, the greater the reward.
DNotes has the potential to change money and the world as we know it, with a far more affordable, efficient, rewarding and secure alternative that's supported by the DNotes Global ecosystem, available to anyone for free anywhere in the world.
To find out more check out DNotesCoin.com.