CHICO,
Calif., May 17, 2018 — CloudCoin, a revolutionary non-blockchain,
non-crypto digital currency will soon trade via BitShares, the world’s
most advanced decentralized currency exchange.
The BitShares exchange (
https://bitshares.org)
already allows for trading of U.S. dollars, Chinese renminbi, bitcoins
and others, most recently adding gold to become the only decentralized
digital exchange for gold trading.
“BitShares
is on the cutting edge of exchange technology and adding CloudCoin
sharpens that edge,” Bitshares founder and former NASA scientist Stan
Larimer said.
“BitShares
is the best exchange for CloudCoin because it offers the greatest
degree of freedom to its users,” CloudCoin Founder Sean Worthington
said, “Soon people will be able to exchange CloudCoins for bitcoins,
dollars and even gold.”
CloudCoin (
http://cloudcoin.global)
is the world’s most private digital currency because it does not
require user accounts or passwords. CloudCoins instead have embedded
authenticity information allowing them to be checked for counterfeit
during transactions.
Unlike
cryptocurrencies that depend on a public ledger, CloudCoin uses a system
rooted in DNS (Domain Name System) technology, which has globally never
failed since its inception in 1985.
CloudCoin uses the
patent-pending RAIDA (Redundant Array of Independent Detection Agents)
platform to verify authenticity and establish ownership of each
CloudCoin note. RAIDA and CloudCoins are designed to be “nuke-proof;”
not even nuclear war could disrupt the system.
No transaction is ever
recorded to a blockchain. CloudCoins don’t require encryption, unlike
blockchain currencies, therefore are truly quantum-safe.
“CloudCoin’s
RAIDA is only the second technology in history to solve the “Physical
Integrity Problem” of digital money, the first being blockchain,”
Worthington, author of Beyond Bitcoin: The Future of Digital Currency,
said.
Implementation of
CloudCoin trading on BitShares is expected to be complete within seven
weeks. People wanting to acquire CloudCoin before they become
publicly-traded can visit the
Other uses of CloudCoin’s RAIDA technology are licensed exclusively to RAIDAQ, Inc. (
http://raidaq.com), which is challenging existing players in the blockchain space with postblockchain, next-generation applications.
About CloudCoin:
CloudCoin is a global digital currency that cannot be counterfeited,
doublespent, mined or lost. It is not a cryptocurrency, it’s the world’s
first cloud-based currency.
CloudCoin is 100%
private, requires no public ledgers, accounts, or even encryption; a
monetary system that is ethical and requires no special software or
downloads.
About BitShares:
BitShares is a technology supported by next-generation entrepreneurs,
investors, and developers with a common interest in finding free market
solutions by leveraging the power of globally decentralized consensus
and decision making.
For more information:
Sean Worthington
CloudCoin
cloudcoin@protonmail.com
+1 530.591.7028
For media inquiries:
Corey Goldman
Goldman Communications
corey@goldman-communications.com
+1.416.322.2863