VDC Coin - The Future Of De Facto Digital Currency
Trading has become more rationalized across boundaries. With the advent of technology, the use of crypto-currency has almost replaced the conventional form of fiat currency. VDC Coin is the ICO token for a blockchain based online platform for healthcare solutions based on Altcoin. VDC Coin is the payment medium, transacted through the ecosystem ViDiCia. While ViDiCia takes care of the nutritional and healthcare requirements VDC Coin manage the receivable and payables instead of fiat currency.
While there are a lot of theories stating the advantages and disadvantages of the procedure, let's focus on the actual usage of the system.
What are a VDC wallet and the uses of it?
Well, it is a full-fledged functional electronic wallet use to store VDC coin. It has an identification number, and the user shall have the transaction notification through SMS. The portfolio shall use to transfer coins to another account, receive, store, trade and use against fiat currency. The software system shall have continuous upgrading, and high-level securities. A password once encrypted and stored in the database by the user cannot retrieve by any technical expertise. As VDC coin intent to use as a defacto currency via ViDiCia platform, it can easily exchange across global cryptocurrency exchanges. It supports fully functional crypto-currency system with easy fiat conversion, trading facilities, robust SHA256 security and its self-mined sustainable and comfortable scalable network.
What are the growth scopes of VDC coin?
The incremental tendency of people to have better income - by better saving structure, improved implementation in the banking network, betterment in purchasing power of people and the elimination of the third party are the factors that contribute to the growth scopes of VDC coin. The various advantageous factors boosting the growth of VDC coin are its easy access from any corner of the globe, efficient and hazard free payment, less cost of buying currency, highly secured qualities, no involvement of third-party fees, and no charge-backs. The world sees the future of VDC coin to be a great asset bubble. With countries like India imposing GST, this will be the best alternative option to simplify the payment schemes.
Do I have any disadvantage while using VDC coin system?
Well, for some user who is not tech savvy, VDC coin system might have some problem in creating a wallet and doing transactions. Moreover, it is difficult to understand the system for somebody who is not technology versant.
What explains the technical aspect and security of VDC coin?
The wallet uses to store all the VDC coins of the users, and each will have a separate digitally protected wallet with multiple layers of security. The service is rendered using ViDiCia platform and initiated with a send command which uses two databases, namely the sender and receiver. It allows the sender to log into his/her account, verify the security questions asked, the ViDiCia system checks the sender's credit balance and finally confirms payment status. The same amount shall add to the receiver's account. There are high-security levels on both sides which have to be satisfied after logging.
The core of the operating platform, ViDiCia, performs all AI driven searches, mapping and various other communication management. It supports the block-chain based currency and thereby helps the consumers as well as nutritionists. Very soon, a day will come when the entire trade will do using VDC coin and other forms of crypto-currency to execute their business transaction.