MARICOPA, Ariz., Dec. 20, 2013 /PRNewswire/ -- Scharmbeck Worldcoin Financial Services launched live beta testing today of an online platform that will streamline the buying, trading and use of Cryptocurrency (Cryptocoin). Beginning with the worldwide launch of Worldcoin's new user-friendly system in February, the general public will not only be able to directly purchase Worldcoin instantly, but processing speeds for using Worldcoin will be 20x faster than Bitcoin. That means businesses will be able to process Worldcoin payments as effortlessly as accepting a credit card.
Until now Cryptocoins, such as Bitcoin and its Altcoin competitors, have been traded and praised primarily by the tech crowd, but the general public is now starting to take notice. Bitcoin, the most popular Cryptocoin, has seen its value skyrocket from $0.30 per coin in 2011 to a high of $1,224.00. Last month, the value of Worldcoin hovered around $0.06, yet surpassed $1.00 on Black Friday. The value of Worldcoin is expected to spike drastically by February when they become the first Altcoin to sell directly to the public without having to first purchase Bitcoin. Thereafter, Worldcoin will no longer be tied to Bitcoin's violent swings in price. Worldcoin's new program will make buying, selling and converting into fiat currency a simple process.
Given the current global financial crises, more and more people worldwide are turning to Cryptocurrencies. The United States, Hong Kong, Japan, China, Australia, Finland and Canada are among the top ten countries participating in Cryptocurrency buying, selling and trading. Prices jumped in November after a U.S. Department of Justice official described Cryptocurrency as "a legal means of exchange" at a Senate hearing. Thousands of businesses globally are already allowing Cryptocurrency payments. Given the volatility of the stock market, investors see Cryptocurrency as a viable alternative to traditional financial investing.
"We are very excited to begin beta testing this innovative, user-friendly system with Scharmbeck Worldcoin Financial Services. Upon wider public launch, the Scharmbeck platform will revolutionize and simplify the process of not only purchasing Worldcoin, but will also allow merchants to process electronic payments as easily as swiping a credit card without processing fees. Worldcoin is positioned to be the leader of Cryptocoin technology, allowing the public to reliably engage commerce without having to depend on government-issued currency as the means of exchange." Doug Gilmore, General Counsel, The Worldcoin Foundation.