Cryptocurrency NOTA (USNOTA)
The price for NOTA (USNOTA) cryptocurrency is currently 0.16 $ (15 min delay),
daily range of currency change is 0.00 - 0.00 .
Last 24 hours news: trading volume -
2.00 $, price variance
0%
.
Chart NOTA (USNOTA)
NOTA Quotes
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What is NOTA (USNOTA)
A digital token backed by fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit.
The innovation of blockchains is an auditable and cryptographically secured global ledger.
Asset-Âbacked token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus systems, to transact in familiar, less volatile currencies and assets.
In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a one-Âto-Âone reserve ratio between a cryptocurrency token, called USNOTA, and its associated realÂworld asset, fiat currency.
This method uses the XinFin Network (XDC) blockchain, Proof of Reserves, and other audit methods to prove that issued tokensare fully backed and reserved at all times.
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