Review on ZrCoin by Özgün A
Could it be a trading coin?
ZrCoin is a multipurpose crypto money project created with blockchain technology. But I have to rewrite it, you have to deposit money to be active in this system. So you have to produce.
There are many problems nowadays, one of them is environmental problems. This system investigates how to produce without harming the environment.
ZrCoin makes investments to prevent damage to the environment at all stages of industrial materials.
ZrCoin has created a commodity-backed network for the first time in the world. All stages of production are traceable, controllable and completely transparent. R&D investments are an important source of cost in this project.
ZrCoin developers say ZrCoin is not affected by price fluctuations, but this is not true. ZrCoin has been hit hard by price fluctuations and its price is now very low. A useful project for recycling industrial waste.
In fact, ZrCoin was created to be a trading coin, but I think it cannot be used as a payment instrument due to the fluctuations in price.
Pros
- A coin created to improve commerce
- All stages of production are transparent and traceable from production to sales
- Combines real production with blockchain payment system
Cons
- No news about the company for a long time, updates are missing
- Influenced by price fluctuations and made a bottom
