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Your own platform

Are you, or the organization you work for, interested in developing your own platform for recoding transactions? Alternatively – a platform to raise capital through a so called ‘Initial Coin Offering’? Then we will explain how to do so.

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Blockchain is not a currency – it is a concept

Blockchain a concept for recording transactions, where the settlement of the transaction is distributed in a network. Blockchain is an alternative to registration, currency, voice control systems, or other solutions to problems with a need to ensure that a credible and correct transaction has been made. When deeds are registred in Denmark, it is done to ensure that all parts agree on, and are aware of, who owns the land. This is saved centrally with the State due to the importance of the correctness of the transaction (the registration)

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The State becomes obsolete

With blockchain, you longer need old-fashioned registration as the State is no longer necessary for creating security or trust. The security lies with the fact that the transaction that is settled is distributed to all participants on the network. If deeds were registred using blockchain, all who had a deed would receive a copy of all the deeds as well as who owns them. When the correctness of the transaction can be confirmed by all by simply consulting ones own (and others) archive, it is no longer necessary for a third party to determine if the transaction is correct.

Why cryptocurrency? Why bitcoin?

Interesting cryptocurrencies and projects using blockchain

Bitcoin is the first real, relevant, implementation of the thinking behind blockchain. With bitcoin, a currency has been developed in which the correctness and credibility is not determined by the State – but by the joined network. As such, all transactions are saved in a blockchain for bitcoin. This is then distributed openly so that the money can always be tracked – as well as to ensure that there are no disagreements as to which transactions have been settled.

The following projects are all based on blockchain:

  1. Bitcoin – a digital currency
  2. Ethereum – a platform for recording smart contracts
  3. Bitcoin Cash – an attempt to develop a more scalable currency than Bitcoin
  4. Monero – an alternative to Bitcoin.

Why cryptocurrency? Why bitcoin?

Bitcoin is the first real, relevant, implementation of the thinking behind blockchain. With bitcoin, a currency has been developed in which the correctness and credibility is not determined by the State – but by the joined network. As such, all transactions are saved in a blockchain for bitcoin. This is then distributed openly so that the money can always be tracked – as well as to ensure that there are no disagreements as to which transactions have been settled.

Interesting cryptocurrencies and projects using blockchain

The following projects are all based on blockchain:

  1. Bitcoin – a digital currency
  2. Ethereum – a platform for recording smart contracts
  3. Bitcoin Cash – an attempt to develop a more scalable currency than Bitcoin
  4. Monero – an alternative to Bitcoin.
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Build your own platform on blockchain

Are you interested in building your own platform using blockchain technology?

Then we would love to help. We work with advanced system development og have helped customers such as Finansrådet, L’Oréal, The GlyptotekDR, and the Organization of Officers in Denmark (HOD).

We can help you too.