Wycoin

an easy-to-setup and truly decentralised banking system

Berlin

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2

Technologies Used

golang

Project Team

Koen Vendrik
Entrepreneur Designer Developer
mvdweem
Entrepreneur Developer

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Product Manager Investor
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About

Ever heart of decentralized banking? What about Bitcoin? Sure you have. So Bitcoin is this currency that runs on a decentralized banking system. Decentralized banking is basically the idea of peer-to-peer banking as oppose to having a centralized structure where the is one central power; the bank. Bitcoin is getting widely adopted and its decentralized which means its so much more secure and reliable. So... Whats not cool about it? Well say you'd like to buy some Bitcoin today. You'd probably do that with a wallet provider because setting up your own stuff is way too complicated. But because so many people go to a wallet provider there is a centralized system within the bigger decentralized system that is Bitcoin. Thats what we're trying to solve with Wycoin. It makes it easy for anyone to become part of the system and makes sure there are no miners needed like with Bitcoin so really every part of the system is and stays decentralised.

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