Everus: Back to Nakamoto

Everus: Back to Nakamoto

When Satoshi Nakamoto published his whitepaper that first introduced Bitcoin, he titled it “A peer-to-peer electronic cash system”. Since then however, it has evolved from that original vision, into a highly volatile trading instrument.

The transition from early adoption to mainstream usage depends heavily on more merchants accepting and trading in cryptocurrencies. The Everus World ecosystem and the EVR cryptocurrency were created with this in mind – to steer cryptocurrency back to its intended use by providing spendability and utility.

Even now, many merchants claim to accept payments in cryptocurrency, but what that really means is that the customer pays cryptocurrency, but the merchant receives cash through an appointed Merchant Service Provider or an exchange service.

Everus also see the benefits that the soon-to-be (and inevitable) regulated environment of cryptocurrencies can lend to our efforts of lowering coin price volatility and increased liquidity.

Quoting CEO Srinivas Oddatti, “By developing software and processes that aid regulation – for example, with KYC at wallet level, we can mitigate the risk of market manipulation, and help prevent money laundering and terrorist financing. We are confident that once cryptocurrency commerce outpaces speculation, price volatility can stabilize enough to drive its use as decentralized money.”

With EVR Genesis set for 30th October 2017, cryptocurrency users are invited to register their basic EVR wallets at www.everus.org as the components of Everus World are progressively released in the coming months.

For their white paper and roadmap, visit www.everus.org or contact:

Everus Technologies Sdn Bhd
Level 23A, The Ascent Paradigm,
No 1, Jalan SS7/26A, Kelana Jaya,
47301 Petaling Jaya,
Selangor D.E., MALAYSIA.

PHONE: +603 – 7890 0011

EMAIL: info@everus.org

Find Everus on FB, Twitter, Instagram, Github: everusworld

Next Everus Focuses on CryptoCommerce & Merchant Onboarding

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