BitIndia

BITINDIA

This project is based in India so as to conveniently link up the exchange of funds using Ethereum and Bitcoin for easier and efficient exchange and transactions when initiating different businesses. The interrelation of the currencies can easily be shifted depending on the prevailing market structures and conditions.

POSITIVE VALUES

Easy exchange. This project will enable the subscribers to send and receive digital currencies within India easily under the guidance of Bitindia smart wallet. This promotes free and efficient transactions even to the local people hence promoting secure coexistence.

Adequate protection: The digital currencies are usually fully protected and free from any scam which is a motivating factor to clients in investing in the project.

Individual control: The smart wallets accounts are under full control by the owners .The security is further strengthened by the existence of personal keys only known by the owners hence promoting adequate savings from which good returns are assured.

NEGATIVE VALUES

The Bitindia is not fully integrated with the other currencies like the USD , EUR and other currencies  which is a key hindrance for the contribution of people not registered in other places outside India. This makes the project unproductive in promoting worldwide exchange and economic growth.

RECOMMENDATIONS

The increased demand of accountability in every transaction is very essential for an individual to be able to determine any investment returns .This is to be backed up with enough protection measures for easier exchange. The Bitindia investment project will therefore be of great importance in building the investors trust and achieving the related values.

Obviously, the Indian marketplace represents enormous potential. 1.2 billion people live in India, but only 0.5% have heard of bitcoin. BitIndia aims to introduce 20% of the population to bitcoin and cryptocurrencies over the next few years. That could mean hundreds of millions of new cryptocurrency users.