New Delhi: According to the data provided by CoinMarketCap, TATA Coin, a community-based cryptocurrency that aims to make decentralised finance completely secure, has zoomed nearly 1500% over the last 24 hours. Currently, the coin is trading at $0.09515, which was up by 1200%. The coin has a fully diluted market capitalisation of $856,355.
TATA Coin aims to make decentralised finance totally secure and to provide the most secure payment system to multinational companies and organisations such as global investors, allowing them to easily and securely transact digital transactions with the usage of blockchain technology and be able to own their valuable assets.
TATA Coin is a fully decentralised Cryptocurrency that focuses on becoming the safest global digital currency in the world and will be used worldwide as a payment method. The decentralised finance has been made 100% completely community-driven.
Its main features include a fully decentralised peer-to-peer electronic system that does not depend on any central authority like a government or a financial institution. TATA Coins asserts to bring sound money to the world, merchants while users are empowered with low fees.
Reportedly, only 9 million coins will be created on Binance Smart Chain. This feature makes TATA Coin be a hard asset like land or gold, providing an opportunity for people to store value in the digital sector over long periods of time.
Besides, TATA Coin’s smart contracts are not only audited but all the functionalities are designed to make TATA Coin the most secure digital currency and decentralised finance. Also, it claims to make international payments faster and cheaper. TATA Coin as not being issued by a central authority and being effectively borderless enables you to bypass the several intermediates needed to process the transaction. Moreover, transactions can happen on the same day and securely without much verification made by any central authorities like banks.
Notably, the ownership of the coin’s smart contract, which is under the Binance Smart Chain has been renounced so that no one can change its functions in the future.
