Bitcoin Press Release: The developers of YoCoin have announced the conversion of peer to peer cryptocurrency into Ethereum based asset.
August 23, 2016 Bangkok, Thailand – The peer to peer digital currency, YoCoin is now an Ethereum based asset. With this latest development, one of the world’s fastest growing cryptocurrency now has smart contract applications as well.
Formerly based on the Scrypt mining algorithm, YoCoin now enables smart contracts with a wide range of applications. With YoCoin, contracts and bonds can be executed without the involvement of lawyers; stock exchanges can operate without central clearing houses; financial records can be verified without auditors and tamper-proof voting systems can be automated to ensure one person gets to vote only once.
Since its initial launch, the main target audience of YoCoin was the younger millennial crowd. But now, the digital currency considers itself as a premier internet currency with a much broader vision. In addition to being the digital currency for millennials, it also encourages the development and integration of Distributed Autonomous Applications that are capable of running without any human intervention.
“Our initial implementation of YoCoin was great, but we wanted to take it much further,”
Says the Chief Operating Officer of