DNotes Initiates DNotesVault as an Alternative to Bitcoin Transfers

DNotes has launched its DNotesVault in a bid to reach a greater volume of consumers and achieve more broad-based merchant adoption.

The recent launch follows on the heels of CryptoMoms nearly six months ago, a comprehensive site designed to assist women in investing and using Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term.

According to DNotes Co-Founder Alan Yong, in a recent statement on the launch, "It is easier to open a DNotesVault account than a bank account. It is also secure. We guarantee 100% of your deposit through a separate cold storage account, secured in a different location, with an amount always in excess of the total deposit. The guaranteed funds are verifiable any time through the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term."

DNotes maintains several utilities for users with valid accounts that allow the sending and transfer of DNotes in a streamlined fashion via the DNotesVault – a web wallet for DNotes.