What is Electron World Money?
Crypto-currencies are increasingly raising issues at the government level . We are addressing this issue while doing everything in a perfectly legal and decentralized manner, in integration with the state infrastructure. Anyone can launch their project online in the today’s world; the problem is to integrate all these projects into a common structure, in which exchanging values would not require too much commission costs due to over engineered and inefficient interconnection of various exchange processes. Bitcoin was the first decentralized digital currency, followed by new cryptocurrencies addressing specific issues and facilitating various processes. However, all these developments are plagued by a common issue of global scale, which has not been addressed to date – and that is interaction between digital currencies, governments and fiat money. We unite all people, enabling them to interact with governments, financial institutions, etc. without high commission costs. This technology guarantees rethinking of possible solutions to the issue of currency conversion, be it digital or fiat currencies.
We present a new generation standard that will change all existing looks and legal aspects of digital currencies and their interaction at the government level.
Electron World Money is a non-profit organization created with the aim of developing s common global standard protocol simplifying the conversion and trading in all market components. Alternative financial and digital commerce instruments for all, without the need to deal with traditional financial institutions and banks but not diminishing the role of the existing banking structure within a country, as these can join the EWM network using USC (“utility settlement coin”).
Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG and State Street, UBS and Clearmatics Technologies, Deutsche Bank, BNY Mellon and Santander are some of the banks that already joined the project. Interaction between EWM and the banks will be performed using USC (“utility settlement coin”).
We remain open to interaction with corporate clients and partners to identify their key needs and offer better ways to serve them. This is a high-priority objective for us. We are expanding our Ethereum and application development teams.