Do You Trust in Technology, You Should Trust in PKOIN

10 years ago we couldn’t imagine wearing batteries near our ears and head, but this is normal nowadays.

Similarly, we all know that all electronic devices whether smartwatches or earbuds emit some type of small radiation but we are continuously using them.

These two examples clearly show that if humans find something beneficial to them, we are quick to adopt it even if it has some cons attached to it.

Now, let’s talk about our financial system, when we transfer money to someone using the services of financial intermediaries we know that the amount will reach the receiver without any problem, yes some transaction fees will be charged but the point is that we have trust in them. Trust is important for financial transactions and payments.

How Trust Plays an Important Role?

These financial intermediaries guarantee the security of the customer’s account and financial transactions. Customers trust them and pay some amount as transaction fees for their services.

While these financial intermediaries are the go-to method of our financial activities, people are also searching for alternatives, and that’s where Cryptocurrency fits in.

Cryptocurrencies are defined as innovative digital currencies backed by cryptography to secure and govern the transactions and supply of digital coins in circulation.

Trust plays a vital role everywhere and if the topic is cryptocurrency then trust has an even bigger role to play.

Trust plays a very important role in cryptocurrency because most of the currencies are based on trustless systems, however, it is not the case of our Power Coin (PKoin) even though it is still a cryptocurrency.

There are different types of currencies we should explore in order for us to understand why you should trust in PKoin.

Traditional Currencies vs. Modern Currencies

Fiat currencies are the traditional paper-based currencies that are supported by governments.

Whereas digital currencies are digital assets, which are used for online and international transactions worldwide without the need for physical transfer like your visa or debit cards.

Moreover, cryptocurrencies are different from fiat currencies because there is no central authority directing them. They work on blockchain technology and don’t have any international borders.

Cryptocurrency eliminates the need for mediators thus there is no system or institutes that guarantee the success of your transaction, but yet and still people are fearlessly buying cryptocurrencies even though trusted mediators are not needed or involved.

Cryptocurrency and Trust

According to a report published in August 2020, the number of unique active users of the cryptocurrency wallet is measured to be between 2.9 million and 5.8 million.

Moreover, the report shows from 2019–20 the Bitcoin network processed about 0.3 Million transactions per day. These are incredible numbers and growing exponentially!

So why are people investing and using cryptocurrencies such as Bitcoin, Etherum, and Power Coin (PKoin)?

The answer is simple, People use these cryptocurrencies because they trust in technology. And if you trust in technology then you should easily trust in reputable cryptocurrencies such as PKOIN.

In the case of Cryptocurrency, it is Blockchain technology that is creating a flow of trust in the system.

Its decentralized nature, greater transparency, enhanced security, and easier traceability are the responsible factors that create trust in the technology and Cryptocurrency. Additionally, we can’t ignore the profit users can make with these cryptocurrencies.

Why You Should Trust in PKoin?

PKoin is not only a cryptocurrency built with trusted Blockchain technology it is an asset-backed hybrid stable coin that protects investors from volatility in the cryptomarket.

This is built on a higher standard because it’s backed by actual assets and is designed to withstand volatility.

PKoin which stands for Power Coin is built by the firm Power Corp. The company is innovating the Finance 3.0 approach by establishing a more sturdy and enhanced exchange of value system.

Power Corp is building a better financial structure, improving crypto mining, and making financing easy to access for clients.

Some key features of PKoins are

Stability from being asset-backed

Liquidity via its mining operations

Ever appreciating

There are many more reasons to trust PKoin but one important one we would like to add here is that PKoin IEO got listed on the Crypto Exchange platform chainx.kr from where you can buy, sell and exchange PKoin/ETH pair.

And chainX.kr is a really reputable and well-known Crypto Exchange platform.

So, If you trust in technology, You Should Trust in PKOIN. So don’t miss the opportunity and invest in it now.

Originally published at https://www.powercorp.us on March 15, 2021.