Ethereum is the decentralized platform that runs Smart Contracts on OnyxCoin exactly as programmed without any possibility of downtime, censorship, fraud or third party interference off a custom built Blockchain. Our process includes:
Rights holder publish ownership information on the Blockchain
Use policies for registration work are written into smart contacts that automatically transfer usage rights
Royalties and fees are delivered instantly, transparently and automatically based on the stakeholder information contained in the Blockchain database!
Using an open platform, OnyxCoin will be able to allow the potential for infinite business applications and models to operate
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Cyrptocurrency and Blockchain technology always generates a buzz. As emerging technologies go these frequently asked questions (FAQ) will bring perspective to OnyxCoin