Next generation bitcoin – bitcoin Latinum has stormed the crypto-currency industry by storm
November 24, 2020 —
Bitcoin Latinum, the next-generation bitcoin fork capable of massive transaction storage, digital asset management, cyber security, and capacity, is announcing its official prelaunch. Bitcoin Latinum will trade under the symbol BTCL/LAT with a total supply of 888,888,888 BTCL [verifiable by BTCL].
Bitcoin Latinum is now available for pre-sale on www.bitcoinlatinum.com and will be available for public trading in 2021.
Bitcoin Latinum is an enhanced Bitcoin fork. The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin Latinum taps into the new wave of crypto DeFi — decentralized finance – for its role in independent digital transactions.
The Bitcoin Latinum tokens are a part of an ecosystem being adopted by companies in media, gaming, storage, cloud and telecommunications. Bitcoin Latinum tokens will be interchangeably used on each of these partner/supplier networks by consumers. In addition, Bitcoin Latinum adds security around inflight transactions and enhanced mining node protection based on memory scanning technology. Furthermore, Bitcoin Latinum looks to reduce the cost of a Bitcoin transaction from dollars to pennies for on-chain transactions and even lower rates for lightning-based transactions.
Marsh & McLennan, the world’s leading insurance broker and risk adviser, has arranged a comprehensive insurance program for Bitcoin Latinum. The insurance coverage, to be issued by Marsh Asia, will protect Bitcoin Latinum holders in case of external theft and internal collusion, potentially up to the full value of their holdings. With Marsh’s insurance coverage, Bitcoin Latinum has now become the world’s largest insured digital asset.
DraperDragon Fund will be playing a major role with Bitcoin Latinum. DraperDragon Fund has invested in blockchain companies Telegram, Ledger, Vechain, Ultrain, Aelf and Token Insight. “The Partnership with Monsoon, Marsh and Bitcoin Latinum would further extend our digital asset portfolio,” said Richard Wang, Managing Partner of Dragon Digital Fund. DraperDragon is an extension of the Draper Venture Network (DVN) backed by Billionaire Tim Draper who is often regarded as one of the most successful venture capitalists in the world.
[In Europe and Dubai, the custodian for Bitcoin Latinum will be EMIREX crypto asset exchange. EMIREX works on improving the Middle East region’s access to digital assets. The crypto asset platform is licensed in Europe and offers advanced cybersecurity. Investors of digital assets are extremely optimistic that 2021 will see the emergence of a strong ecosystem in the UAE].
Adopting Bitcoin Latinum with Monsoon Blockchain is Academy Award winning studio Cross Creek Media. Cross Creek has grossed over $1.7B in the worldwide Box office. Cross Creek Media, who has long-term relationships with Sony Pictures Entertainment and Universal Pictures, most recently expanded its digital assets in film, television, and IP with Monsoon & Marsh. Cross Creek has been a co-financier/producer of such films as Oscar winner Black Swan and has been behind hits American Made, Everest, Black Mass, Bloodshot, Hacksaw Ridge and Netflix’s The Trial of the Chicago 7.
Bitcoin Latinum will partner with Hong Kong's leading HexTrust technology. Built with banks and financial institutions in mind, HexTrust offers hardware security modules from IBM, and is connected with the SWIFT payment network. Recently HexTrust partnered with global leader, Milan-based SIA, which operates a private network infrastructure and runs nodes in 570+ banks and corporations in Europe, in addition to processing over $14 billion in digital payments and over $16 billion in institutional services transactions each year.
Bitcoin currently has a market cap of $330 billion dollars and makes up approximately 79% of the cryptocurrency market. Earlier this year, Gartner stated that blockchain technology will create more than $176 billion dollars’ worth of business value by 2025, and $3.1 trillion by 2030. There are trillions of dollars in global assets that could potentially be digitized.
The incorporation of Bitcoin and cryptocurrencies into US and Asia cross-border deal flow of digital assets has been increasing exponentially. Monsoon Blockchain, Asia’s premiere blockchain company, will be adapting Bitcoin Latinum in their extensive ecosystem and pipeline of digital asset deals. Monsoon is focused on becoming the company pioneering the adoption of highly secure decentralized asset management. Earlier this year Monsoon Blockchain formed major partnerships in the blockchain and digital asset space with government, telecom, media and entertainment, and fintech industries.
Release ID: 88987237