OneCoin Ltd is a global company with key markets in Europe, Southeast Asia, Africa and Latin America. With worldwide operations, the company has opened offices in Europe (Bulgaria), Asia (Hong Kong and the United Arab Emirates). The company’s commitment to growth, innovative concept and unique business strategy has led to fast expansion.
OneCoin is a digital currency, using cryptography and created through a process called mining. Just like the serial number on a paper bill, each digital coin is unique.
When joining OneCoin, users become part of a global network of millions of OneCoin miners and can mine the coin and benefit from its value. OneCoin is not an altcoin, which means OneCoin is not a bitcoin alternative or clone with slight alterations; it has a different structure entirely. In the future, users will also be able to make payments and transfer money to and from any part of the world.
A key tool in tracking and tracing value, OneCoin's blockchain has always been tailored for future-proof mass transactions. OneCoin’s new and unique blockchain (October 1, 2016) will set a new industry standard by storing Know-Your-Customer (KYC) information, run every minute and meet customer and merchant needs.
With 120 billion minable coins and a centralized model, OneCoin can also become the biggest reserve cryptocurrency worldwide (i.e. the U.S. dollar of the crypto-space). OneCoins are easy to mine, easy to trade and easy to use. Because of the way OneCoin has structured its organization and operations, no complicated hardware or advanced knowledge is needed to mine and use coins.