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What does IFC coin mean (IFC currency)

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What does IFC coin mean? In English, it is translated as \”IFCH\”. Specifically,

What does IFC coin mean (IFC currency)

What does IFC coin mean? In English, it is translated as “IFCH”. Specifically, if an asset can be exchanged for legal tender (legal currency), it can become a form of payment or commodity. In the world of virtual currencies such as Bitcoin, “IFC token” refers to digital tokens (also known as IFcoin) issued through blockchain technology. When people want to convert one cryptocurrency into another legal tender, they must use “IFCoin”. Therefore, if you want to purchase the asset in US dollars, you should first trade with this unit and then transfer the amount into another unit. In this way, investors will receive corresponding IFco token as a return. (Mars Finance)

IFC currency

Recently, IFC currency (fork) officially launched at the international financial forum. The project was issued by ConsenSys, a blockchain technology company, through the decentralized protocol ifc.money. Its mainnet was launched on September 5, 2018, and has already attracted over 100 million users with more than 100,000 transactions, making it one of the largest cryptocurrencies in the world.

IFC, as a new payment system, can provide lower costs, higher efficiency, and more choices – which brings great innovative potential for many mainstream currencies, including Bitcoin: it connects digital assets with legal tender and allows them to be exchanged in the simplest way possible; it also allows anyone to create their own tokens and freely transfer them without having a bank account or identification; and it enables seamless transfers through smart contracts. (Cointelegraph)

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