Hello and welcome to this blog post about Cipher Core Token CIPHC White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the Cipher Core Token CIPHC white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the Cipher Core Token (CIPHC).
I can ensue you that, you will be able to understand every bits and pieces related to Cipher Core Token (CIPHC) after going through the Cipher Core Token CIPHC white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
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Cipher Core Token CIPHC White Paper
Cipher Core Token CIPHC white paper will be going to provide you, all the information that is needed to get started with Cipher Core Token (CIPHC), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Cipher Core Token (CIPHC).
Currently, it is reported that the on-line theft exceeds 1 trillion dollars in the world, but fundamental solution has not been provided yet. Ever since the Internet was opened to private sectors in the 1990s, commercial transactions on the Internet have grown explosively and have changed the traditional business custom fundamentally.
And the world has dreamed of creating cash that can be used safely on the Internet. Proposals for more than a hundred new cash originated at the dawn period disappeared due to the vulnerability and no alternative was shown until crypto cash, the true crypto currency, appeared. In the meantime, the necessity for cash that can be used on the Internet has been increasing, and experimental attempts to use the ledger in 2009 have been shown to the world.
This is Bitcoin using a blockchain. Although Bitcoin demonstrated new ideas such as double trading prevention and consensus building of all participants in the community, it has already begun to cause many problems due to structural vulnerability and limitations.
Meanwhile, the momentum for private sectors worldwide to issue tokens/coins (private coins) unique to the community different from legal tenders issued by the government is increasing ever, and already 4,000 tokens/coins have been issued worldwide using blockchain technology or its applied technology and a new economic sphere appears.
It is not stoppable to issue tokens/coins even though conventional blockchains which are the basic technology for issuing tokens/coins are breaking now. Therefore, we decided to provide a crypto cash platform by applying crypto cash technology which was designed originally for issuing legal tenders.
This means that all issued (and will be issued) tokens/coins will be able to be evolved to crypto cash which will be the final form of historical currency by shifting to this new platform, Cipher Core Platform. Anybody in any community can issue any crypto cash that can be used on the Internet and promised security. And it does not require huge amounts of communication traffic or electricity. And, Cipher Core Token evolves to the first crypto cash on the Cipher Core Platform.
White Paper Link: Cipher Core Token CIPHC White Paper
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