CoinBene has reiterated its strategy of offering the largest number of digital assets to its customers and announces its listing on Internet of People (IoP).
The global exchange that ranks among the 10 largest in the world, according to the CoinMarketCap, released IoP intending for it to be more than a cryptocurrency.
IoP is a decentralized network that enables P2P operations without the need of intermediaries, which allows the creation of applications and payments at lower rates, and at the same time, that gives users total control over their personal data.
This can be done through the use of IoP coin on the IoP network. They are based on Bitcoin's Core (0.15.0.1), currently running a slightly modified proof-of-work consensus which uses whitelisted addresses to avoid the ASIC trap.
This year IoP will be presenting a brand-new consensus mechanism based on directed acyclic graphs (DAGs), byzantine fault tolerance and virtual voting to make things even more fair and efficient. IOP have maximum supply of 21 million units. The market capitalization of the asset nowadays is US$ 2.8 million.
Becoming The Internet Of The People
This listing helps IoP achieve its goal of becoming the Internet of the People, in the decentralization of applications, payments and in providing facilities and convenience to their community.
According to Feng Bo, Global VP of CoinBene, the company is delighted to be part of IoP's history, helping the asset to gain market share and meet the challenge of becoming a decentralized payment and application platform.
Feng Bo's opinion is similar to what Kristian Schmid, head of marketing at IoP, thinks of the listing in a global exchange. Kristian said their partner has spent a lot of time trying to understand IoP's project, the cryptocurrency and what they want to achieve. It is no coincidence that CoinBene has grown rapidly and has become an important actor for the market. This kind of mutual support is exactly what IoP devotes in supporting encryption and the world in general.
The CoinBene executive believes IoP is right, after all the platform has about 1.5 million users and negotiates more than US$ 4.5 billion per month.