In the middle of August 2015, the National Aten Coin’s groundbreaking new cryptocurency, the Aten “Black Gold” Coin and its patented pending digital wallets will be available. Collaboration agreements with governmental entities in the European Union has resulted in NAC adding in additional features to the Aten “Black Gold” Coin to fulfill their requirements. All newly required features as well as beta testing will be completed prior to the new launch date.
The Aten “Black Gold” Coin can be purchased through collaboration between AtenPay, SA and ANXPro, one of the globe’s most revered online trading platforms. The Aten “Black Gold” Coin will be available in all fiat currencies including, USD, EUR, HKD, AUD, CAD, JPY, SGD, GBP, NZD and CHF. NAC clients will have exclusive access to ANXPRO’s UI, consolidated shared order book for blended multi-currency settlement, real time FX pricing, deposit options, and risk management and trading tools.
NAC’s new digital wallets are patented (pending) in the EU and copyright (pending) in US. Inventor Marcus Andrade (Founder of NAC) is very excited about this new development. The digital wallet will make the transfer and storing of the Aten “Black Gold” Coin even more secure and convenient for clients, who can access their accounts on their desktop and very soon via smartphones and tablets. NAC will be able to quickly verify the wallet and its user through a pseudonymous system. All transactions are monitored through an extremely stringent authentication protocol.
Unlike Bitcoin, whose wallets identify illegal activities at institution level, but not down to an individual person, NAC’s wallet will provide complete user transparency through a unique multisignature authentication system.
“Nothing in the current electronic currency market comes close to our patented digital wallets,” said Andrade. “We have created such a unique product here; the levels of encryption result in a highly vetted, safe, theft-resistant, product that is very easy to use from anywhere in the world,” he said.
Unique Features of the Aten“Black Gold” Coin
Compliance: National Aten Coin Foundation is a service member of the American Bank Association (ABA) and compliant with the following agencies: Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Anti-Fraud and Financial Crimes (AFF), Office of Foreign Assets Control (OFAC), Bank Secrecy Act (BSA), USA PATRIOT Act and the FACT Act.
AML& KYC: Aten Coin is the first cryptocurrency that is designed to fulfill AML and Know Your Customer (KYC) requirements.
Theft-Resistant: Bitcoin as well as other cryptocurrencies are susceptible to stealing by hackers, who are unidentifiable. However, Aten Coin is the first cryptocurrency that allows the tracing of real identities in the event theft occurs. This makes Aten Coin theft-resistant.
Non-volatile Value & Liquidity: Volatile value is one of the key issues of Bitcoin and many other cryptocurrencies. In view of this, NAC’s partner company, BGC International, Inc., is creating a constant demand of Aten Coins through joint venture with oil and gas production companies on oil and gas well investments. Over 50% of the investment profits will be paid in Aten Coin to create a continuous demand of Aten Coin and maintain a stable value of Aten Coin.
Fast: Transaction of Aten Coin is 9.4 times faster than Bitcoin.
Secure: Aten Coin is a highly secure cryptocurrency that uses multiple rounds of 11 different cryptographic hashes, thus making it one of the safest and sophisticated modern cryptocurrencies. In contrast, Bitcoin only uses a single round of double SHA-256 hashes.
Usability: Shops can easily accept Aten Coin payment by using our AtenPay services. In the near future, people will be able to use the Aten Coin to buy things in real life, e.g., a cup of coffee, online games, meat, petroleum, etc.