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Showing posts from May, 2018

We do not want to repeat the story in the ICO

In the long road of years that we have undertaken in the world of blockchain and cryptocurrencies, we have found a recurring theme, which apparently is a vice that comes from something older than the original idea of ​​these projects. In many societies, the state, pretended to make us believe that citizens were and are unable to protect their interests, and this incapacity could only be covered by superior beings, called in ancient times wise, touched by the grace of the gods, in the Currently, these are social protection institutions, which, for example, protect the worker from himself, keeping and controlling social benefits, since if they receive it, they will not be able to manage it. In closer cases, there is traditional banking, where not long ago, a specific surname was required, or the membership of a defined club, which would allow the foundation of a bank, taken to extremes in the form of banking associations and other, where they come to demand the incorporation of peo

Unilateral declaration of commitment MBYZ

We are an organization committed in all aspects to collaborate in the prevention of money laundering and the restriction of participation of users of doubtful contributions, in the same way we take all the precautions to avoid the diversion of objectives from our main focus to the calls pyramid schemes or of any kind that may harm our clients and work team in general. We do not support in any way the use of our tools, products and / or services for the execution of illicit activities, which will be observed and subject to continuous monitoring in order not only to avoid them but to report them as quickly as possible to the competent authorities. This unilateral statement is a substantial part of our individual agreement with each of the parties involved in the project and its management, so we reserve any right to enforce these guidelines.

Details of our Proposal for MBYZ

Our base concept is the globalization of the use of cryptocurrencies. It is important to clarify that we are not talking about a specific currency, as has been happening from the start of the human existence, everyone obtains, purchases and sells goods for their liking and benefit, but it is necessary a plan of equivalences generalized and a common solution that permits according to the generalized acceptance to perform operations of acceptable value for the parties involved.  Within our proposal it is established a center of operations in our application that will permit people to perform reliable operations without more limitation than the attempt to perform the commercial operation. They could use the currency that had previously decided to obtain and it adapts to any figure of modern commerce, via E-commerce or transactions alive for goods or services. Up to now to convert the cryptocurrencies, excepting those counted exceptions to the banking system must have first passed to

Our Proposal for MBYZ cryptocurrencie

The simplest vision is to create a community of users and diffusers of the knowledge in the area, with the support of the technological applications for the trustful exchange of goods and services. The reduction of costs is the key factor in the exchange operation. Today the banks through their physical, virtual and electronic tools involve a direct cost to the user of over 2%, together with the requisites of membership and limitations in the rendering of the service that only the consumption of time could cost hours of work at an undetermined cost.

The Problem and why the cryptocurrencies

The creation of the Crypto currencies, as a practical solution to the distortions of the financial system, is not accessible to the common and current users, because it requires a deep knowledge either in the financial area or in information technology, reducing substantially their capacity of generalization, without which it is technically impossible their reevaluation and increase of benefits. The current technologies for the participation in the market of cryptoassets is still far from the regular users of their local currencies, creating an enormous gap between that seem two worlds of financial knowledge, when the plan of generalization proposed sometimes looks far from the public in general. The main reason in the delay of adoption of these technologies remains in their cost. It is impossible for a businessman to assume the so high cost of transaction that in some cases could reach up to twenty American dollars ($20.00). This without thinking about the purchaser that under no

The general deficiency

This control of the entities of the State, through its leaders, puts under risk all the individual economies, because they come from a fundamental principle that is the trust in the leaders, when they nowadays do not profit from the popularity needed so that such trust is superior to the same risk of its control. This deficiency has been already overcome since 2009 with the creation of virtual or cryptocurrencies, that escape from the government control and permit to reduce the risk. Much before this, already the traditional banking had used the electronic transactions as a support for the services rendered. Notwithstanding the above, the money as such until what is known up to now, is still under the control of supra social organizations that do not comply exclusively with the needs of the beneficiaries, but with a very high cost for the users, affect the communities, with inflation, regulation and devaluation on one side, and complex technical requirements in the other hand. The cur

Background MBYZ

The basic concept of money is commonly known and same as we know has happened from the simple exchange, documented at least from the Neolithic up to this date, where goods and services are exchanged. Today the concept of money is wider and deep, and the best closeness to a definition of it mother concept, is a social agreement accepted by the communities of individuals for the self-regulation of its market. What in other words results in a document value of general acceptance for the commerce. That said, as it is understandable, there could not be regulated the commercial relations for the simple generalized participation. There enter the State institutions so by representation they regulate its use and y valor, as well as the relation with other communities or states. At the beginning such relations were regulated by the communities that nowadays are states, and gave exchangeable value to their assets with other communities and defined the intrinsic value with assets coming from diff