YOCOIN PLATFORM: THE DECENTRALIZED SMART CONTRACT BLOCKCHAIN

kingdavid-7 (8)in #ethereum • 6 years ago

In this era of technological know-how, the blockchain has become a solid floor and foundation to numerous outstanding transactions. Virtually all individual intend to earn from blockchain technology, whenever any transaction take place in the blockchain platform extravagant charge is always applied in every transaction which is commonly known as gas, the amount of gas spent in most transaction is not deposited by the ethereum blockchain, but is a tax set aside by most individuals called miners, they set the gas limit base on based on their personal interest. By the time you run 1- 10 transactions daily, you will discover that an exorbitant amount has left your pocket which is never in your budget or even equivalent to the transaction. This complication in transaction making has been my utmost concern hence the application of this decentralized blockchain technology named “Yocoin” (YOC). Yocoin is the solution to all our transaction opposition, which I know it’s capable of demolishing the obstacles we are currently encountering in the blockchain during transaction procession.

What Is Yocoin (YOC)?
Yocoin is a decentralized platform assigned to blockchain to technology to bring lasting solution to all complicated transaction through the application of smart contract effectiveness and efficiency. It will reduce the risks connected with different types of activity. The Yoc platforms allows simple and convenient usage of the total assets of the most modern and advanced technologies in present-day existence.

What Are The Benefits Of Yocoin As A Platform?
Yocoin as a platform has numerous outstanding benefits which cannot be found in other platform, the Yoc platform will offer you the opportunity to generate your own token. Currently there are several kinds of tokens, such as, tokens actions, tokens certificates and credit tokens. The functionality of these tokens is analyzed our platform since they are generated by means of the indistinguishable standard. They become automatically executed by any purse. The most interesting aspect of it is that you can customize the logic in which it is going to operate on the rules on it can change and correct issues when token develop some certain problem, You can give to tokens owners additional authority, for example, an opportunity to vote or act as the arbitrator whose opinion will be apprehended according to a share of his possession in a total of the released tokens. Anyway, the use of the present possibilities is limited only to the imagination of the creator of a digital asset. Check the image below to see how the platform operates;

The new stage gives wholly a new way to deal with crowdfunding. By methods for the YOC stage, you have a chance to reject a trust segment between you as a future provider of products or benefit and the financial specialist, to which whether it is impossible to miss to question basic leadership to put claim cash in the acknowledgment of your thought.
You have a chance to make such conditions, having given their shrewd the agreement which will permit putting away cash of the financial specialist, the conditions stipulated in him won't be fulfilled yet. If there should arise an occurrence of your prosperity cash will most likely go to you, and in the event of your disappointment they will come back to the speculator, in the meantime terms of the agreement won't have the capacity to be changed after the beginning of the agreement in any capacity. In the meantime, you can keep away from the need the unified judge, the focal point of trade of data or whatever other instrument which needs to trust. Similarly, you can control the distribution of reimbursements to investors who have upheld your task at his commencement time, and now need to get all that is through them.