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SECURE AND CONVENIENT

Solution for Contract and remittance

FOR USE IN REAL LIFE AND TRADE
PENCE COIN WITH A DISTINCT PURPOSE

Coins made in the past have focused on anonymity and monetary function, but Pencecoin has a clear
purpose from the first design and emphasizes differentiation from other coins, such as usage and security.

PENCE COIN FEATURE

Remittance without going through a bank anywhere in the world

Securely store data in cloud storage of the cloud

Technology applied diversely in
industries in general

Use anywhere in the world

Security with safe dual safety

Fast transaction

UTILITY IN TRADE

Pence Coin is introduced to Korea, Japan, Hong Kong, Vietnam, and Russia with China as the starting point. Safe, fast, and convenient system unique to Pence will be used to target trading companies for using Pence Coin so it can develop into trading coin, and Pence Coin is in agreement with Korea’s DnF Steel Co., Ltd. to be used as trading currency.

WHY PENCE COIN?

PAYMENT SYSTEM

Many companies attempted to enable the payment of cryptocurrency in
everyday life. However, the stores refrained from payment of cryptorcurrency
due to highly volatile price, technical difficulties, and slow payment system,
and users who owned coin were unable to use cryptocurrency as
money. Pence Coin is cryprocurrency designed to be used in everyday
life by complementing such inconveniences.

X11 ALGORITHM x MASTERNODE

Pence Coin has double preventions for hacking by using X11 algorithm, and uses PoW(mining method) and POS(distribution method) with the construction of master node.

* X11 algorithm – It is a hash algorithm with 11 encryption developed by Evan Duffield
* Master node – It is the server working in distributed network, and is responsible for signing transactions. For each round of master node, the user must select 2 to 8 mixings.

PARTNERSHIP

convention

Pence Coin concluded business agreement with Korea Blockchain Mediation Association.

whitepaper_cover

PENCE COIN WHITE PAPER

The existing trading system had many problems such as delay in confirmation, increase in transaction fee, and failure of agreement. Many cryptocurrencies are suggested as solutions for such problems, but it is difficult to reach adoption in large scale due to high entry barrier for people with no technology.
Pence Coin is the solution for the problems. Pence Coin reduces the potential danger of other party in financial agreement through smart contract by achieving security and safety with blockchain technology. Pence Coin has 2 levels of personal information protection to guarantee financial safety. Pence Coin’s first target market is payment system for cross trading, and will expand to everyday life.

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PENCE COIN VIDEO

Combine with cultural activities

Combine with cultural activities for purchasing of tickets using coin and offering of discount
Joint investment in various performances and cultural enterprises
Connect with game companies and shopping malls for expansion of choices
Dispersion of donation for neglected people

By combining Pence Coin to cultural activities, we aim to affiliate with online ticketing companies to purchase tickets using coin with discounted prices for the users on concerts, theaters, and operas, and affiliate with game companies to use coin.
We plan to secure uses and users with the best of our abilities so Pence Coin becomes an alternative currency in every financial transaction.