ICO Today Magazine News
The VCCO project was created to solve a long-term financial problem regarding the security, transacon speed and high fees charged by banks and payment service providers.
VCCO uses Blockchain Technology with Scrypt / POW algorithms, Thus, ensuring higher security and the privacy of users.
As a descentralized payment system, VCCO deviates from the convenonal approach of processing and clearing transacons through the Central Banks. This feature allows for direct transacons between pares, thus opmizing the enre process.
As a payment coin, VCCO will be accepted in e-commerces as well as in physical retail stores all around the world. Merchants face day to day problems with credit/debit cards payments in variety of ways: Payment of high fees for the divise provider, long waiting time until credit by the payment provider, thus harming the mercantis earnings and last but not least, occasional loss of internet signal by credit card payment devices. As a descentralized currency using blockchain, all of these problems are solved.