Davinci Coin

Davinci Coin DAC

$0.0035
Market Cap $ 15.847 MM (#400)
24h Volume $ 3.023 MM
Chg. 24h: 0.25%
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Davinci Coin project purpose and description

Davinci Coin clarity of purpose

Davinci Coin purpose and aspects

The Davinci Project enables everyone to use a highly efficient, fast, secure and simplified payment system among nations while also minimizing the complexity of financial and accounting verifications. Also, a strengthening global trade and investment system has collapsed the boundaries of national currencies. Moreover, the credit information of foreign companies will be transparently managed. In addition, the distributed networks will have tightened security and reduced costs. Surplus resources will be shared. The transaction histories of real estate will be digitized and will also be managed transparently. The Davinci Project will be the foundation for industries such as voting, prediction systems, firearm security, human resources, insurance companies, Internet of Things (IoT), energy, education, donations, and so on. The Davinci Project was created to construct an ecosystem that encompasses cultural, artistic and other various fields, while linking domestic and international exchanges in the network from the private sector.

Davinci Coin additional differentiation against competition

n/a

Davinci Coin categories

PlatformMarketplaceBlockchain as a service

Short description

The Davinci Project enables everyone to use a highly efficient, fast, secure and simplified payment system among nations while also minimizing the complexity of financial and accounting verifications. Also, a strengthening global trade and investment system has collapsed the boundaries of national currencies. Moreover, the credit information of foreign companies will be transparently managed. In addition, the distributed networks will have tightened security and reduced costs. Surplus resources will be shared. The transaction histories of real estate will be digitized and will also be managed transparentlyThe Davinci Project will be the foundation for industries such as voting, prediction systems, firearm security, human resources, insurance companies, Internet of Things (IoT), energy, education, donations, and so on. The Davinci Project was created to construct an ecosystem that encompasses cultural, artistic and other various fields, while linking domestic and international exchanges in the network from the private sector.

Abstract

As digital asset has become diverse and increasingly difficult to manage, the emergence of integrated digital asset has been considered as a crucial topic. However, due to lack of comprehensive foundation, there is no consistency in the method of payment. Moreover, flow and security of transactions, convenience, and, even anonymity cannot be guaranteed. Currently the digitalization of real economic assets and their expansions have risen as a global issue. Digitized economic assets are expected to be significant part of future finance, but problems to solve still exist as well. Our society is anticipated to enter a full-scale digital economy through active public participation and problem resolution via digital finance, which is based on digital asset. Centralized financial system has been dominated methods of payment, settlement, loans, stocks, derivatives, and inter-country transactions until now. On the other hand, forthcoming decentralized digital economy is expected to be structured with the collection of digital assets and number. The main function of the blockchain is to settle disputes among network participants. Before the adoption of blockchain, multilateral consensus among several financial products is almost impossible to reach in financial transaction. With guaranteed transparency of blockchain, reliability of the structure increases along with participants’ recognition of data transparency and anti-counterfeiting mechanism. Additional affirmative aspect of the blockchain is its resistance to modification of the data and making undue profit with asymmetry of information. Even with its transparency and efficiency, further discussion still exists between a payment processing company and a financial institution that serves as a gateway . To settle above issue, Davinci platform, which is based on high-technology and proven marketing operation experience, gathers numerous information about asset, payment, insurance, society, credit, culture and medical care. By connecting accumulated information and asset, Davinci platform is able to bring down barriers of diverse field to provide a secure and convenient payment ecosystem.

Link to Roadmap: https://www.davinci.vision/
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