Ducatus: Allows everyday people to benefit from technology that makes payments for daily purchases faster and more secure.

rohan8437 (25)in #ducatus • 3 years ago (edited)

I am in the crypto field for a long time. I have studied and joining many projects. Some of the projects which I studied seem to be real gems. But as we know the universal truth that “The Time Will tell”, Majority of projects do not perform up to the mark. Many of the projects shutdown or with in a short period of time run away. That makes your investment made in the project zero. But there are a few projects which have real power to cope up the hard and also worse situations of this sophisticated market and rise as a true leader of their field. And believe my if you have by chance joined such a project then your crypto portfolio rise rapidly and such a good project has power to cover your all loses and become a boon in the market. We all want that the project must be growing, recognized by mass people and stay in the market for a long time.

A cryptocurrency is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records. The cryptocurrency concept runs on blockchain technology. The system does not require a central authority, its state is maintained through distributed consensus.The blockchain system keeps an overview of cryptocurrency units and their ownership.

We have seen a big growth of blockchain technology with passage of time and it is growing day by day. With its great growth and increasing mass adoption, more and more cryptocurrencies are coming into existence. The majority of them are worthless. Exemption is of a few which are worthy enough to be adopted and invested for big profits.

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Ducatus Platform

Since its inception, blockchain has been regarded as a disruptive technology that is built by and for the techie. Most blockchains are designed by high-level technical specialists and geeks, and their scope of usage is often restricted to performing high- risk exchange transactions (speculation) or even making shadow transactions.

Ducatus was created to be the opposite. A user-oriented blockchain that is open and inclusive, it allows everyday people to benefit from technology that makes payments for daily purchases faster and more secure. It offers transparency and accessibility. From buying coffee to leasing community-supported projects that bring passive income or having an honest record of one’s own ideas and projects, Ducatus is designed for usability. This vision is realized in our technology.

On the technological basis of existing blockchain projects, our task is to implement a fast blockchain with low fees, a clear interface, friendly enough for users to be able to control, support, decisions on the development of the project and take part in the life of the project.

Bitcoin's development faced several challenges but the issue which took the longest to solve, and is still ongoing, was how to build acceptance and trust amongst a significant global user base. Without user acceptance, there are fewer users of the coins and thus lower demand which in turn slows the rate at which the coin penetrates the global market. Our goal is to achieve the same level of market penetration as Bitcoin within a much shorter period and to facilitate this we are establishing the Ducatus Cashless Economy.