CloudCoin is the world's first ever created Cloud Currency! CloudCoin is Digital Currency.
Instead of utilizing a blockchain, CloudCoin has invented a brand new way of keeping records called RAIDA (Redundant Array of Independent Detection Agents).
My previous post about Cloud Coin
May 12, 2020 — The United States Patent and Trademark Office (USPTO) officially issued the patent protecting RAIDA and CloudCoin.The patent is now listed publicly on the USPTO website and can be accessed here.
A method of authenticating and exchanging virtual currency is used to permit secure ownership of virtual currency and manage financial transactions. The method is performed by a system that includes a user computing device and a plurality of remote servers. The user computing device stores an unverified certificate which is used as currency. The plurality of remote servers is used to authenticate the unverified certificate and aid in transferring ownership of the unverified certificate.
To do so, each remote server executes an authentication process for the unverified certificate and sends either a pass status or a fail status to the user computing device. The user computing device executes an assessment process for the unverified certificate based on the pass statuses and fails statuses received. Authentication information related to the unverified certificate is then updated on the user computing device and each remote server that returned the pass status.
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The patent, entitled “ Method of Authenticating and Exchanging Virtual Currency“ will be protected from infringement or encroachment for a decade after issuance. The network of distributed, decentralized and independent servers Sean H. Worthington described in the patent, is what we now call RAIDA (Redundant Array of Independent Detection Agents).
The present invention relates generally to methods of managing virtual currency and related transactions. More specifically, the present invention is a method of authenticating and exchanging virtual currencies that prevents counterfeiting and theft.
This is momentous news for CloudCoin! The USPTO approval is a strong affirmation of the value of the underlying protocol as a novel system for authentication, as well as for its use as a blockchain alternative or possible amelioration/supplement to overcome blockchain inefficiencies. This is the first proven technology for Cloud Digital Currency to receive a patent.
The RAIDA is now the Fastest "Payment Authorization" System in the World. RAIDA can authenticate payments of 100,000 CloudCoins in less than 5 seconds. Traditional cards with "pin code" take on average 20 seconds.
The RAIDA is a new authentication protocol (post-blockchain protocol) that is the first of its kind and is the first true Cloud-based authentication system to have Data Supremacy and Quantum Resistance.
Everyone can send and receive CloudCoins through online wallets, and also via digital or physical "bills" that hold all the cryptographic information required to transfer the funds. Unlike Bitcoin and Ethereum, you can simply send people these bills, whether they have a CloudCoin account or not, and the recipient can utilize them.
You can earn some CloudCoin in the 2 simple ways:
First way - Chat with the Telegram bot:
Reward: 137,4 CloudCoin + 25 CloudCoin per referral
Step by step guide:
1. Join Telegram Group (12.5 CloudCoin)
2. Subscribe to Newsletter (12.5 CloudCoin)
3. Follow Twitter (12.5 CloudCoin)
4. Like + Retweet (12.5 CloudCoin)
5. Follow on LinkedIn (12.5 CloudCoin)
6. Like + Share LinkedIn Post (12.5 CloudCoin)
7. Follow on Instagram (12.5 CloudCoin)
8. Like + Repost Instagram (12.5 CloudCoin)
9. Subscribe to YouTube (12.5 CloudCoin)
10. Watch Explainer Video (12.5 CloudCoin)
11. Watch The Future of Currency Video (12.5 CloudCoin)
!_DONE_!
Second way - Collect your points by doing different socail media tasks at the buzzin.com, then exchange them to the CloudCoin
* @BuzzinBot (the same telegram bot on First way)
More info about Buzzin campaign
