Crypto 360°: Stable Coin backed by BCH

Sunday, 17 November 2019

I've developed Stable Coin with a mechanism that guarantee a stable value on the BCH chain & Proof of Work.

The stakeholders that guarantee this value earn interest if value exceeds market price, and destroy coins in this process to keep balance.
If the value of the Stable Coin slips, the Stakeholders fill up the gab that guarantee the Stable Value.
There's a working limit to the Stable Coin, linked to the financial power of the Stake Holders.
The Value of the Stake Holders are on the open ledger, just like how we monitor hashing powers.
Ring signature for pseudo-anonymity.
Profits of Stake Holders are Tax ready in EU, auditable on open ledger.
Stake holders from EU can participate by direct entrance via fiat (banks) or Crypto
Stable Coins are pre-paid card ready for retailers all over the world.
Pre-paid cards are NFC ready, N-M-N, max value capt. by smart contract due local legislation

*AMA here.

All of this resides on the open ledger of BCH.

Crypto 360°