Bilur, The New Cryptocurrency Competing with Bitcoin

"The first cryptocurrency with a real value" (Ignacio M. Ozcariz, CEO of R Fintech)

A new digital currency was launched two months ago by R Fintech, a London company, as an alternative to the use of Bitcoins. The bilur is quite different from all the other digital currencies already existing (such as Peercoin and Namecoin). What is interesting with this cryptocurrency is that it tries to solve price volatility problems. The innovative solution suggested by the company is linking the price to that of energy commodities. The choice was made to back up the value with stored physical energy, as currencies need to be supported on valuable and tangible assets. 

Transactions with bilur are unlimited and free. If you want to be able to invest in the energy market, you just have to create an account at Bilur Market, make a bank transfer and that is it. 

The problem is... There is no guarantee that bilur offers a better security than bitcoin, as there is no bank or any other responsible organization which could intervene in the case of a bankruptcy. 

Credits: Blockchain Daily News and Challenges

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