Helleniccoin (HNC) is a digital coin with technology of intelligent blockchain. The creators of Helleniccoin intends to offer the world with a crypto currency that earns the trust of people when it is the time for the world economy to be in flex and turmoil of uncertainty. This crypto currency, Helleniccoin is backed by carbon credits, precious metals and leading digital currencies.
Helleniccoin was created by Hellenic Blockchain Foundation. This organisation is established in Athens, in Greece. This foundation wishes to provide incentive to the users and investors, new firms and companies to start and develop new start-up businesses. Helleniccoin HNC uses the same technology as used by Litecoin and Bitcoin(BTC). Helleniccoin is a blockchain technology that is global and the coin HBN is addressed to mainly to tourism in Greece and shipment.
Helleniccoin is a currency designed with a way of intelligent blockchain to support every transaction of payments within the sector of Greek Tourism, such as hotels, transportations, car rentals, airports, bars, restaurants or shops etc. It is aimed to become the main transaction platform of Greek tourism. Helleniccoin is having the objective of becoming a payment making as well as an invest making digital currency.
HNC is designed to become the reserve cryptocurrency, having alliances with institutions and partners. A part of the proposed reserve will be of precious metals such as gold coins and oil. Another part of the proposed reserve will be leading crypto currencies such as Bitcoins, Litecoin, and Ethereum. A part of this reserve will consist of central currencies such as US dollars, Swiss Francs and Japanese Yen. This reserve will increase as the price of HNC increases. Website of Helleniccoin will make all the announcements. HNC will also introduce a buy back program to reprice this crypto currency, in time to come. A number of 100,000,000 HBN coins will be issued in the lifetime, with approximate number in circulation of 30 million coins. Mineable coins will be 40 million.
Mining of Helleniccoin HNC is a process which verifies all the transactions. It also adds these transactions to the public ledger. This public ledger is known as blockchain. This mining is also the process through which new Helleniccoin HNC are released.
Anyone with an access to suitable hardware and internet service can participate in mining of Helleniccoin HNC.
Helleniccoin is completely decentralised and a private crypto coin. It is here to support the Greek tourism and shipment industry. It has a long way to go.
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