Choice Coin - A highly Beneficial Asset Utilized For Facilitation of Governance and Decentralization

The decentralized network today is advancing rapidly along with the by-products called digital asset utilization governance functions. But with this growth, issues that are affiliated with Decentralized governance occur. This iterated issue simply occurs when there is a lack of mechanism to fully function and facilitate the autonomous or independent decision making in a distributed way through the usage of digital assets. Choice coin really eliminates this governance issue by fully enabling a system for a perfectly secure voting process through the utilization of post-quantum cryptography.

Choice coin being a voting coin for autonomous organizations, is refined on the Algorand blockchain making it a Algorand Standard Asset. The Choice Coin's mission is to enable community based voting and democratic participation efficiency. Below are some of the features that contribute to the Choice Coin's utilization in the democratic and decentralized ecosystem.

SMART CONTRACT SECTOR
Smart Contracts are basically programs set to instantly execute distribution of crypto between businesses or parties. This also means that Smart contracts are executed on a chain network to distribute assets without any formal oversight. The Algorand Smart contract permits global or border line transfers, with automatic processing and Marginal taxes. There are also 3 types of Algorand Smart Contracts, which are; The Stateful Smart Contracts, The Stateless Smart Contracts, and the Algogeneous Smart Contracts.

Stateful Smart Contract
The Stateful Smart Contracts are basically formal Storage Procedures for the chain network. The Stateful Contract is simply described as the contract's ability to execute information storage in a particular state on the system. For instance, One form of Stateful Smart Contract is a request payment mechanism, permitting individuals to request payments from each other. This Generally means that SSCs are programs developed to store information and data on the chain network.

Stateless Smart Contracts
The Stateless Smart Contract simply acts as a program that validates or authenticates transactions going on within separate parties. These contracts on the Algorand Blockchain play a role in signature delegations, thus authenticating them on the main chain network.

Algogeneous Smart Contracts
This Smart Contract uses a specific type of Artificial Intelligence for analysis on contracts. This Artificial Intelligence analyses the complex smart contracts for validity to ensure the traditional principle is followed which will then promote security.

ALGOGENEOUS CONTRACT SYSTEM
Choice Coin simply plays a major role in the facilitation of all Algogeneous Smart Contract transfers, applications and improvement. The system utilized for the smooth distribution of Choice coins to the Algorand Chain network is referred to as Algogeneous Assimilation. This basically allows a supplemented Technical Circulating Supply, transactions, and reward network to encourage or incentivize regular participation.

DECENTRALIZED SYSTEM OF DISTRIBUTION
Choice coin System will function incentives on different mediums including open source software development, research, and development. The primary allocation initiatives will be done on programming, writing and inventing, while the secondary initiatives in the community will focus on charity, marketing and compliance. There are 2 types of systems placed for the proper distribution of incentives, which will be detailed below:

● Manual Distribution: This basically involves the direct distribution or transfer from the manager to the participants account.
● Autonomous Transfer: This is the automatic transfer of Choice coins from Smart Contracts to Participant's account.

CHOICE COIN SUPPLY
Choice Coin acts as a voting token that powers the autonomous management and a main participation token for Centralized and decentralized organizations. Choice Coin was created and developed to ensure limited supply, meaning that it's going to be far greater than the total circulating supply. The overall finite supply of Choice Coin is 1,000,000,000. Choice Coin was released to be distributed in the circulating supply. The Circulating supply is determined by generated interest to help the network and add community value.

CONCLUSION
Choice Coin has revolutionized the decentralized governance sector with its various solutions. The Coin's fundamental goal is to basically facilitate participation from the democratic sector and decentralized voting security. The Choice Coin Community plans to sustain excellence in compliance and decentralization, and with their open innovation program, a more independent society awaits.

Website: https://choice-coin.com/
Whitepaper: https://github.com/ChoiceCoin/White_Paper