What is ScotCoin?
Scotcoin is a proud sponsor of the upcoming BBX Trade Show
To Book your ticket or make an enquiry regarding Scotcoin speak with russell on 01202 836061 or email clipatrine.rademeyer@bbxworld.com
The Scotcoin Project promotes Scotcoin and helps to implement it’s use.
- Distribute Scotcoin to the people of Scotland.
- Inform Scotland’s people about their new digital currency.
- Educate the public, businesses and agencies about Scotcoin, crypto-currency and blockchain technologies.
- Ensure Scotcoin is widely accepted in all areas of commerce and society in Scotland.
- Incentivise and stimulate local trading initiatives.
- Keep wealth locally and grow the Scottish economy.
- Provide technical support for users and merchants.
- Lead marketing initiatives for businesses who accept Scotcoin.
- Build a network of businesses who will trade amongst themselves in Scotcoin.
- Encourage and support local business startups.
- Advocate for social enterprise and environmental causes.
- Support local social, feeding, housing and caring initiatives.
- Lead and encourage debate on building a stronger, cohesive and more equitable economy in Scotland.
- Champion personal privacy and strong encryption.
The Scotcoin Project will achieve these objectives through educational and promotional initiatives throughout Scotland and beyond.
Everyone attending a presentation by the Scotcoin Project will be shown how to get started with Scotcoin.
The Scotcoin project is a not for profit organisation. We raise funds through sponsorship and merchandise sales.
The Principle Objectives For Scotcoin
We’ve been working away in the background on plans for Scotcoin – as ever, we want your opinions and input into where we are going…
One of the main influencers on our direction has been our underlying belief that governments are going to insist upon digital currencies being regulated. HMRC released their approach to digital currencies in March 2014, and China followed suit recently insisting that digital currencies would require identity verification.
We want to make using Scotcoin as easy as using cash, to get it accepted in more places with a hassle free way of paying and receiving Scotcoin via individuals and businesses. And we want to continue to be at the forefront of this new digital technology, keeping it secure and safe to use.
The principle objectives for Scotcoin are to:
Migrate to its own private blockchain where all participants are identified and regulated.
Achieve conversion directly from fiat to Scotcoin without involvement of any intermediate currencies.
Establish an efficient secondary market for trading in Scotcoin.
Implement the business plan to increase circulation of Scotcoin to as many individuals and businesses as possible in Scotland.
Implement the business plan to increase the number of outlets willing to accept Scotcoin in exchange for goods and services provided.
We are working with Strathclyde University to help them establish a cryptocurrency for its learning modules. Their intention is to use this to conduct financial research into the behavioural aspects of virtual currency usage.
We will be assembling a high powered advisory body to help with these aims.
Getting started
For more information speak with Cleo at BBX on 01202 836060 or email clipatrine.rademeyer@bbxworld.com
