Imperium Group personnel had a chance to catch up with BETRA Coin, which is a cryptocurrency providing anonymity. This news emerged on 29 August.
Imperium Group started by informing that a great rift exists over the pros and cons of decentralization in the blockchain ecosystem. The firm continued that pace was gaining among blockchain supporters that the next generation of applications, free from the centralized data was just around the corner.
Imperium Group cited on the advancement of blockchain technology as –
“The blockchain technology market could top $2 billion in three years as companies, NGOs and governments understand the potential to create customer trust, cut down on counterfeit goods, reduce transaction costs, and reach emerging markets. Imperium Group’s Shazir Mucklai had a chance to catch up with BETRA Coin, BETRA Coin is a cryptocurrency with a decentralized blockchain that provides anonymity for its users and their transactions.”
Imperium Group maintained that the race towards more efficient, decentralized applications (dApps) was the key to the recent advancements. Such enhancements in the core technology, ranging from sharing to proof-of-stake, could provide the type of infrastructure that these dApps need to become widely accepted. Imperium Group stated that as a digital currency, Betra was like Ethereum in a lot of ways but with salient differences.
BETRA coin CEO and Founder, Ciceu Ciprian shared insight in an exclusive interview while noting on the practicality of the digital coin. Imperium Group shared few credentials noting Cirprian’s background was in building and scale enterprises. The firm added that Ciprian started two Internet companies in Bruxelles. Imperium Group summarized that previously, Ciprian held various management positions in Belgium at BeTrader Academy.
Related to Altcoins, the US banking major J.P.Morgan proudly announced that it has become the first US bank to create and successfully test a digital coin representing a fiat currency. Christened as JPM Coin, the newbie coin is designed using blockchain-based technology enabling the fast transfer of payments between institutional accounts. Exchanging money between different parties over a blockchain requires a digital currency, so this is the sole purpose of JPM Coin. J.P.Morgan has assured that its JPM coin would cater to other fiat currencies in the coming future.