Announcement of world trade Francs : The official Ethereum stablecoin

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Insight :

Ethereum has recently updated about Devcon4 tickets and selling of it. It is conference in which they will bridge the communication gap of developers and consumers by answering on transparency of Ethereum Blockchain. However, they have also mentioned that how this ticket distribution and allocation help the Ethereum community and ecosystem.

Swarm v0.3:

The aim of this conference is to make tasks easy for people building decentralized application and Ethereum protocol. It will be helpful for small developers and community organizers to attend this conference. However, they have announced Swarm proof- of -concept(POC3) of version 3.

Swarm 0.3 has been deployed to public testnet, and Ethereum foundation runs on 50 nodes strong cluster of Swarm nodes together. The Ethereum community has suggested their consumers to use the operations of this node. It will help to upload and download APIs content to the cloud and through URL.

Moreover, this URLs will address the hosting of websites and Dapps without webserver using this peer to peer infrastructure.

However , POC3 is now merged with official Ethereum master branch. It’s been year since they had released POC2 public alpha network. They arranged two Swarm summit and published two orange paper for the same.

Ethereum a Stablecoin :

In order to easily access of currency by consumers and store funds which can engage in commerce without worrying about their monthly income. Anyways, they have found out that there are various stablecoin but it didn’t run well such as Tether, Nabits, Marker DAO etc. Due to fall in price, consumers stopped purchasing it.

However, Ethereum announced their own stablecoin. They have also added that use this stablecoin to make another ICO.

World Trade Francs :

World Trade Francs(WTF) is new decentralized stablecoin based Blockchain technology. It is trying to construct free trade and economic system using blockchain and hypercube tangle technology.

Benefits :

1. The protocol is for each user to buy, sell and hold stable token.

2. It includes various app partners such as Peiwo, Obike, Gifto, Uplive having millions of users, which makes WTF a blockchain protocol with most users in the world.

3. WTF allows to achieve true individual self sovereign and global free trade using permission less global network.

4. WTF will combine all the benefits of capitalism and socialism which ultimately create forward economic model for humanity.

5. WTF will be soon used as reserve currency and at the same time used as explicitly endorsed in international treaty.

6. Moreover, price stability will ensure via Oracle.

7. Legislation power will transfer from opaque Centrilized authority to transparantie codes.

Conclusion :

Ethereum has recently updated about Devcon4 tickets and selling of it.The aim of this conference is to make tasks easy for people building decentralized application and Ethereum protocol.However, they have announced Swarm proof- of -concept(POC3) of version 3. World Trade Francs(WTF) new decentralized stablecoin based Blockchain technology. It is trying to construct free trade and economic system using blockchain and hypercube tangle technology.

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