GMC digital currency launched
English Name: Game chain
abbreviation: GMC
Chinese Name: postal money
issue time: March 18, 2015
application field: commercial trade, cross-border payment
GMC
< blockquote >Introction. At first, GMC (postal currency) was only used to deal with the instability of the international dollar and euro in the European Union and several countries in South America for a small range of commercial digital currencies with Asian enterprises. Then poloniex, a competitive platform, also claimed that it would support GMC trading, But LK eyvi der, the chief executive officer of bitpay, thinks that the intervention of poloniex exchange is likely to lead to the surge of GMC in a short period of time and disturb the original application ecological environment in view of the original intention of issuing as a stable currency and the consideration of its application scope and global total issuance. So in May 2015, the wallet and other functions were canceled, and the exchange was changed to C2C trading on an exchange named after bitpay. After that, the exchange of GMC (postal currency) to the legal currency of a certain Asian country was stabilized at 1:1. The issuer claims that it strictly abides by the 1:1 reserve guarantee, and every time it issues a GMC stable currency, its bank account will have a capital guarantee of 1 yuan
in terms of compliance, KYC certification is required for the operation of all legal coins involved
< blockquote > features
stable currency
bitpay converts cash into GMC (postal currency), anchoring or limiting the value to the price of several Asian currencies
< blockquote > Security
bitpay's blockchain technology can provide world-class security and comply with international compliance standards and regulations
< blockquote > tokens created for the Internet
no matter what you do with digital currency, you can now use digital cash
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blockchain companies
. Provide your services in various digital currencies
. Currency priced goods and services that users are familiar with
Bypass financial institutions, rece operating costs and time -
indivial / trader
. Become the guardian of your own funds and eliminate the risk of exchange supervision