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Syscoin (SYS); the Cryptocurrency based Marketplace - OracleTimes

Published 3 years ago

Syscoin (SYS); the Cryptocurrency based Marketplace - OracleTimes

Crypto Gazette via

Syscoin (SYS) is the world’s first cryptocurrency based marketplace that was launched in 2014. It is currently sitting at #60 in cryptocurrency charts but may hold real value in the future due to the unique system being adopted that uses smart contracts, decentralized certificate issuance issuance and storage of data. Using the power of the blockchain, the Syscoin network made thorough use of the smart contracts that are built into the Syscoin blockchain itself. The vision for such a marketplace came from none other than the bitcoin founder Satoshi Nakamoto but the added features that are constantly being added to the Syscoin interface go beyond his basic dream. The list of services offered by Syscoin include: The whole Syscoin approach was designed and implemented by Blockchain foundry, a brainchild of the Dan Wasyluk, one of the co-founders of the coin. Since the entire coin is built around the application and enforcement of smart contracts, this is a real aspect that needs to be addressed. It is a big project that will be implemented in parts since no online marketplace, certainly no one as revolutionary as this game-changing platform is able to deploy and attract buyers and sellers in such a short time. #60 seems low but the coin has real potential for growth once the marketplace is fully functional. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

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