Intermediate

Bitcoin Cryptocurrency Veritaseum (VERI) –The Truth in Numbers

 

After eight years, a lot of press coverage, and by the fact that you’ve made it here, I believe it’s safe to assume that you’ve heard of Bitcoin, and quite possibly Ethereum and Litecoin, but now it’s time you learned a bit about Veritaseum – the new Bitcoin Cryptocurrency.

 

Reggie Middleton, an American entrepreneur, created Veritaseum in 2013 as a new form of crypto-currency. This new digital currency has been picking up steam and could potentially become the preferred crypto coin (token) of trade for several reasons.

 

First and foremost, Veritaseum and the Veritas software allow individuals to enjoy entirely autonomous banking, without the middleman. Think of all those services that banks provide. Then consider how much better they would be without the multitude of fees that come attached. If you want to enter into a contract, get a loan, or buy stocks, you need a bank for one reason or another. With Veritaseum, the exchange may no longer be necessary.

 

Veritaseum the New Bitcoin Cryptocurrency Token

You can think of Veritaseum as the new crypto currency token for finance, investment, and interactive value exchange. With the Veritas software, the average person can quickly create, implement, and execute his or her own smart contracts. Making transactions without the need for a professional developer or lawyer. For some contracts, however, such expertise is probably a good idea, in which case Veritas provides all the advisory one might need.

 

Another attractive aspect of Veritaseum is that it intends to be agnostic towards all forms of crypto currency. It means that crypto coins traded from both Bitcoin and Ethereum. This means, utilizing transactions along the Veritaseum block chain. Anyone who is currently making use of digital currency now has the capability to perform any task that a bank might, without ever setting foot inside an Exchange.

bitcoin cryptocurrency veritaseum

 

According to recent reports Veritaseum just signed a MOU (Memorandum of Understanding) to become the facilitator of the stock exchange in Jamaica!

 

According to coinmarketcap.com Veritaseum market cap is valued at $236 million about or about 1/15 of the market cap for Ethereum, and about 1/6 the size of Bitcoin.

 

Veritaseum is just starting its way. Back in April 2017, Veritaseum released just for sale to the public. There are currently almost 2 million Veritas in circulation. Calculating the total supply is around 100 million. This shows that there are remaining some 98 million to mine.

 

It is the potential held in the numbers and the promise of something more than a new exchange rate. Lend to the idea that Veritaseum may soon become, not only one of the top performing digital tokens. But possibly the new world token for the exchanges in a seamless digital world.

 

One of the issues with Veritaseum is you cannot purchase it on a conventional exchange. Learn how to buy Veritaseum HERE