DIGITAL CURRENCY has been drawing significant interest over the last four years. This growing visibility is evident in both Google Trends search data and also the rising market values of the digital currencies as a flexible means to protect your money. Proponents of digital currency site several key advantages, namely decentralization, anonymity, security and automation. However, investors are split regarding the stability and merits, with some believing they represent the wave of the future.
Points to Consider:
Digital currency relates to a type of currency available in digital form, and in contrast to physical form, such as banknotes and coins. Digital currency exhibits properties like physical currency yet provides far superior performance by facilitating borderless, instantaneous, and irreversible transactions, as well as borderless transfer-of-ownership.
Digital currency is internet based with electronically recorded balances. Accounts for the top currencies are often referred to as ‘eWallets’ and the most trusted and secure solutions are available for Android, IOS, Windows, and Mac Operating systems. These simple and intuitive applications make use of QR codes to make storing, transferring, or paying with the currency a seamless process.
Digital currency offers secure transacting with no red tape, personal control of your finances, and the exciting upside of higher dividends, making it a perfect alternative to traditional banking instruments.
The benefits of digital currency.
Digital currencies are based on blockchain technology that has the potential to disrupt currency and much more. Blockchain technology, which is the backbone of digital currency, can reduce the cost and complexity of financial transactions, while also augmenting transparency. The implications of blockchain technology are far-reaching, not only in financial services but in other areas such as healthcare, government, law, education, technology, and more. One of the greatest benefits is that digital currencies cannot be counterfeited, and transactions cannot be reversed arbitrarily by the sender (as credit card chargebacks can). Further, digital currency transactions provide anonymity. Credit cards operate on a pull basis where the store identifies the transaction and “pulls” the amount of the sale from the card. Digital currencies use a “push” model which prompts the digital currency holder to send exactly what they want to the seller without any other form of information.
One other benefit is how digital currencies not bound by exchange rates, interest rates or transaction charges. In addition, digital currency transactions take place at the same speed, regardless of where the sender and receiver are located.
Leverage blockchain technology.
Blockchain is the technology that makes digital currency possible. It is a public digital ledger of all executed digital currency transactions. For many financial institutions, the blockchain recording system holds promise as a secure, improved, and transparent method to speed up transactions, cut costs, and eliminate fraud. Because of this, some organizations, including financial institutions, are looking for ways to leverage blockchain technology for their own businesses. This represents a huge opportunity for entrepreneurs to find new ways to leverage blockchain technology in order to create better systems and services for these organizations.
The future of digital currency means allowing you to have ultimate control over your money, who you send it to, and what types of fees you don’t have to pay. In short, it is slowly becoming one of the fastest adopted forms of payments online because of all these attributes I just mentioned.
The benefits of digital currency in today’s economy could appear to be earth-shattering, breaking down geographical barriers, and saving the consumer quite a bit of cash on the back end of a purchase.
From our Research Desk, the “best in class” is …
SABR includes the benefits of top digital currencies like Bitcoin and Ethereum while adding several unique features making it even more desirable.
SABR offers instant Person 2 Person transfers and ultra-fast verification times of less than 60 seconds, making it a viable option in any economy.
SABR has an added Privacy layer that masks transactional values and private data on transactions between users, meaning your personal identity and the contents of your wallets are YOURS and unavailable for prying eyes.
SABR delivers an incredible opportunity for passive gains by simply holding a balance in an online wallet. This is known as “staking” and acts in a similar way to a high-yield savings account.
Situations like SABR have a high potential to significantly increase in value as we see the current financial system continue to falter. For those of you who are concerned with the current economic shift and want to regain control of your assets, your privacy, and the freedom we have all enjoyed in past years, stay posted for more news about joining the SABR community in the weeks to come.
OVERVIEW: SABR Digital Currency
SABR is a peer-to-peer Internet currency based on hybrid Proof-of-Work / Proof-of-Stake block generation methods that enables instant, near-zero cost payments to anyone in the world. Banking technology has now entered the 21st century and beyond with SABR Coin.
SABR is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances.
SABR features faster transaction confirmation times and improved storage efficiency than the leading math-based currency.
The SABR blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance but are required to enter your password before spending SABR. This provides protection from wallet-stealing viruses and Trojans as well as a sanity check before sending payments.
SABR SUPPORTS ANONYMOUS TRANSACTION WITHOUT THE NEED TO USE OF MASTERNODES OR MIXING SERVICES FOR THE LONG WALLET ADDRESS.
While at the same time within the same wallet allowing for fully transparent transactions using the 4 series wallet address. Each SABR wallet contains both wallet addresses.
True peer-to-peer payments anywhere in the world.
Minimal processing time compared to traditional banking.
Payments between pseudonymous parties ensuring financial privacy and security.
TIMELESS: The Current global economic situation brought on by the COVID 19 virus has forced governments globally to shutdown economic activity while at the same time creating stimulus programs based on printing of new money. Tighter capital controls have also been introduced and trade has become difficult at best. Economists foresee a steep rise in unemployment, bankruptcies, lower corporate earnings and stimulus money, all creating the perfect storm of unemployment, inflation, and capital controls which may lead to massive slowdown and downturn in corporate earnings and global over supply (oil) of some goods at the onset with an even greater global shortage in other areas ( food). Cross border transactions already made difficult by third parties such as banks will become harder and harder. SABR is in a key position to capitalize on this scenario, using high speed secure electronic delivery and peer to peer transactions.
RISKS: The risk of staying in stocks, bonds and cash in an inflationary period is risky. The rise in the price of goods and services—reduces the purchasing power each unit of currency can buy. Rising inflation has an insidious effect: input prices are higher, consumers can purchase fewer goods, revenues, and profits decline, and the economy slows for a time until a measure of economic equilibrium is reached. Digital currency not only gives the ability thrive in this environment, but it can also be a haven to mitigate inflation damage.
OUTLOOK: Global recession, depression outlooks have dominated the headlines. Digital currencies like SABR, Bitcoin, Monero and ash are poised to breakout here due to stay at home orders, social distancing, cross border trade restrictions, and safety both for individual health and electronic hacking. In the SABR outlook, SABR is where Bitcoin was a decade ago, and positioned to dominate trade. SABR is decentralized but leading programmers and development teams working with SABRR have indicated that it will be used as a stable coin with a value of $25.00 per coin. The SABR network is currently being redesigned and we expect that will be the reason for the upgrade, which will mean it will have a relatively stable price allowing for corporate use in international trade. This is the value we are looking at it, if it does that then it will be a force multiplier, a digital currency with no cross-border restrictions on a stable asset platform. With only 133,310,000 coins the supply is limited and cannot increase.
SABR Technical Specifications
Coin name/ Ticker: SABR
· Max money: 133100000 coins
· Transaction confirmation method: PoS + aux.PoW
· Transaction type: public & private
· Number of transaction confirmation: 7
· Number of block confirmation: 133
· PoS reward: 0 coin
· Min stake age: 133 hours
· Max stake age: unlimited
· PoS target spacing: 10 minutes
· Default Listen Port: 1331 (13310 for testnet)
· JSON-RPC Port: 2662
Official website: https://sabr-coin.com/
GitHub repository: https://github.com/SABR-1331/SABR
Wallet download: https://github.com/SABR-1331/SABR/releases
For inquiries please email: email@example.com