The dominance of traditional currencies worldwide is limited because they are controlled by specific countries or banks. However, today, we observe a movement towards the liberation of global currency. This movement is backed by the adoption and use of blockchain technology. INTDEST Tech has undertaken significant initiatives to be a part of this liberation revolution.
INTDEST technology enables money transfers through its proprietary X CHAIN technology without needing a central authority or intermediary. This technology allows data to be stored in a chained manner on a distributed network. This ensures the fastest, safest, and most transparent financial transactions without any central oversight.
The liberation of the global currency is based on the fundamental principles of blockchain technologies. The X system operates independently of any country or central authority, allowing participation from all users. This decentralizes control over the currency and fosters a more equitable system.
X technology also facilitates fast and low-cost money transfers. While traditional banking systems often require high commission fees and long processing times, transfers made with blockchain technology can be instant and cost-effective. This makes financial transactions globally more accessible. INTDEST Tech. aims to be a leading player in this progression with its INTDBank, INTDPAY, and INTDCard systems.
X technology also provides a structure resistant to corruption. Storing data across a distributed network makes it impossible for any central authority or malicious attacker to gain control over the system. This enhances asset security and helps prevent malicious transactions. Moreover, INTDEST Tech., with its technological infrastructure and its digital asset, INTDESTCOIN - Multi/Coin, is rapidly advancing to become a commodity used worldwide for verifying any digital content. The team emphasizes its potential to be a significant player in the realm of financial freedom at every opportunity.
On the other hand, the integration of blockchain technology with global currency brings its challenges. There's a need to reduce dependency on existing financial systems and for all countries to adopt blockchain technology. Establishing regulatory frameworks and ensuring security measures are also vital. We fully believe that our X chain’s unique working principle, cross/chain, will be one of the most substantial forces accelerating this global transformation.
In conclusion, the network of X digital currencies is progressing towards becoming the INTD common global currency.
CEO - INTDEST Technology - Blockchain Developer / INTD - XChain Project / Author and Ideator
Transformation of the Traditional Financial System and the Role of INTDESTCOIN