The great cryptocurrency surge in late 2017 followed by the equally great corrections in early 2018 has left the altcoin field wide open for new and innovative cryptocurrencies.
There’s no doubt that blockchain technology is a gamechanger. Cryptocurrencies and their associated tokens are creating a revolution. Backed by tech industry leaders like Richard Branson, blockchain technology has the potential to completely change how we live, work, pay and play.
In his take on the cryptocurrency market, Branson highlights the positive impacts he expects the technology to have and his enthusiasm for the changes to come.
But which cryptocurrencies best exemplify this future? DasCoin believes it has the ability to outlast the rest.
DasCoin is the brainchild of entrepreneur Michael Mathias. It is a hybrid of traditional centralized currencies and decentralized cryptocurrencies. Mathias and his 100-strong team aim to bring DasCoin into the ranks of Bitcoin and other top cryptocurrencies by providing world-class service with common sense regulatory accountability.
Despite Satoshi Nakamoto’s original vision of a true peer-to-peer cryptocurrency system, regulation appears to be on the horizon. The U.S. government and other regulatory bodies have a duty, after all, to protect investors from predatory schemes. This was underscored by the most recent G20 and it’s unlikely that regulation will loosen up over time.
Here’s where DasCoin really shines. The cryptosphere has a Wild West atmosphere to it. That won’t last forever. When regulators come down, they are likely to come down hard on coins that can’t prove they are accounting-accountable. That is, they can’t demonstrate Know-Your-Customer or anti-money-laundering processes.
DasCoin bills itself as the cryptocurrency of trust and it’s easy to see why. A blockchain featyring a streamlined, dynamic design gives DasCoin all of its inherent benefits – speed, security and privacy. DasCoin’s Know-Your-Customer efforts, however, give the coin a bit of insulation from overzealous regulators or enforcement agencies. If tested, DasCoin is likely to pass current regulatory standards. Very, very few cryptocurrencies can claim this as an inbuilt feature of their blockchain networks. As a result, DasCoin has the potential to rise quickly above the thousands of cryptocoins currently clogging the market.
Regulatory compliance will breed future adoption, particularly since DasCoin can tap into established Visa and Mastercard payment networks.
“With the ability to pay at over 60 million merchants around the world, using DasCoin to pay for your morning coffee quickly is becoming a reality,” Mathias said.
With some futurists predicting that cryptocurrency will displace a quarter of the world’s fiat currencies by 2030, it looks likely DasCoin will earn a significant chunk of that market share.