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ORLANDO, Fla. - Dec. 19, 2017 - PRLog -- What Is LucisDollar?

LucisDollar is a new cryptocurrency which aims to become both the industry standard as a store of value, as well as the elite transactional currency in the space.

It is a form of digital public money created by complex mathematical computations and validated by millions of computer users (blockchain technology).

LucisDollars are digital coins which you can store on your computer drive, smartphone, hardware wallet or somewhere in the cloud.

Once you own LucisDollars, they behave like physical gold coins: they possess value and can be traded like stocks in popular exchanges. In the future you'll be able to use them to purchase goods and services.

Quick Overview

The LucisDollar is a new crypto currency which has been created to create a stable and trusted currency that will facilitate seamless exchange between fiat world currencies and vetted crypto currencies.

It has the underlying purpose of increasing the utility of cryptocurrencies in the global ecosystem and creating financial solutions that are much more efficient with lower costs.

It is rooted in next generation security protocols that will create one of the most secure crypto networks in the world.

The Plan

Internal Exchange

It all begins with inter-currency exchange-ability using a stable medium of exchange.

A fundamental driver of the cryptocurrency revolution is the ability to exchange, both in terms of fiat and other cryptocurrencies. The ability to quickly transfer from one store of value to another, and then deploy that value in either investments or commerce, is a hallmark of blockchain technology innovation. LucisDollar (traded as LUCD) understands the value provided by such exchanges and provides an evolving exchange to its holders as follows:

Stability – The True Measure of Trust

The future valuation of our currency will be run by a proprietary algorithm that takes into account the Global GNO and several other factors of the world economy. This will create a currency that is not susceptible to the volatility that most crypto currencies are currently facing in the market place.

Having one currency that has intelligent algorithmic value not controlled by a centralized government will provide a speculation proof non-volatile valuation of currency that will stabilize value and create a trusted medium of exchange.

Phase 1 – BTC to LUCD, LUCD to BTC

The first iteration of our exchange features exchange between LUCD and Bitcoin (BTC).

LucisDollar will provide fast, secure, and validated blockchain transactions. Users will deposit and withdraw BTC from the LucisDollar environment.

Phase 2 – Implementation of Valuation Algorithm

In Phase 2 we add the LUCD valuation algorithm creating the stable valuation models needed to create efficient seamless exchange between our first currency pair LUCD and BTC.

Phase 3 - Multiple Top Cryptocurrencies

In Phase 3 we add top cryptocurrencies to our exchange, in order to facilitate value creation for users. This phase includes the implementation of the ability to deposit and withdraw all supported cryptocurrencies.

Phase 4 - Top Fiat and Cryptocurrencies

The final iteration of our exchange adds top fiat currencies, with the ability to deposit and withdraw fiat currencies to and from other financial institutions.

As with all aspects of the LucisDollar plan, our exchange will be private and secure, utilizing all technologies and methodologies at our disposal to ensure safe, anonymous transactions. In addition, as the LucisDollar project progresses we will begin to offer banking-like services to further enhance the value of our exchange, such as external pay cards and transfers to external financial institutions, to encourage users to make the LucisDollar ecosystem their preferred agent to store and deploy financial value.

Register here:

Link: https://lucisdollar.io/?ref=Cvestment

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Bruce Goldwell
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