Create Cryptocurrencies Backed With Real-World Collateral on Decentralized OpenLedger Blockchain

By February 8, 2016Bitcoin Business

BLOKHUS, Denmark, Feb. 8, 2016 /PRNewswire/ — Perhaps it’s time for a quick introduction to OpenLedger, the first decentralized exchange offering fiat gateway with USD, EUR and CNY, a bridge to bitcoin itself as well as numerous altcoins like DOGE, DASH, Peercoin, Litecoin, NuBits, NuShares, BlockShares, Emercoin and coming up Ethereum, Factom and more. These are all offered via the registrar of OpenLedger CCEDK, but could just as well be created by the users themselves.

Photo – http://photos.prnewswire.com/prnh/20160208/330766 Adding a Coin to OpenLedger :

Anyone can use OpenLedger for their own crypto currency. Due to the power of the underlying Graphene real-time blockchain technology, we are able to offer users three options, each with their own unique feature set.

> Create a new currency as User Issued Asset .

Create a Market Pegged Asset for their coin.

Deploy their own real-time blockchain together with OpenLedger

Create a new currency as User Issued Asset:

The most convenient way to create a cryptocurrency is by simply creating, selling and trading a so called User Issued Asset (UIA). All users need to do is click a few buttons, define their preferred parameters for the coin, such as supply, precision, symbol, description and see their coin’s birth after only a few seconds. From that point on, they can issue some of their coins to whomever they want, sell them and see them instantly traded against any other existing coin on OpenLedger .An example of user issued asset is the revenue generating asset of OpenLedger decentralized platform called OBITS .Coin creators don’t need to take care of all the technical details of blockchain technology, such as distributed consensus algorithms, blockchain development or integration. Users do not even need to run any mining equipment or servers, at all.There is a drawback in this […]

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