Rilcoin Reviews-(RIL) The first ever token sale supporting assest management system

What is Rilcoin?

Rilcoin is a digital currency that represents real-world legacy. Rilcoin is a part of an Asset Management System. Rilcoin’s aim is to give the purely designed platform for each and everyone, to present a digital currency which is affordable and can be used by everyone to achieve and control their business and to reach their business goal. Rilcoin is the first virtual currency including qualities of the fiat currency.

Rilcoin is a peer-to-peer digital currency that offers quick, and approx. zero cost payments that can be performed by anyone throughout the world.

Rilcoin is a cryptocurrency to that will be based on a technology equivalent to Fiat Currency. If any of the features that wouldn’t be similar to fiat currency, then it will be made appropriate through smart contracts. Its flexibility to avail all the benefits of fiat currency makes it a profitable one among all the other cryptocurrencies. It will be the first cryptocurrency having qualities of fiat currency.

Rilcoin is going to be an open source and international payment network which would be utterly decentralised excluding involvement of any central authority. Mathematical puzzles protect the system and let users access their financial accounts.

Rilcoin enables quicker transaction confirmation times and provides enhanced storage efficiency than any other cryptocurrency.

Rilcoin is intending to become an established platform for the people who’re whether comfortable or not with the concept of cryptocurrencies by acquiring enough technical support, liquidity as well as trade volume.

The Rilcoin blockchain can handle a high level of transaction volume. Because of fast block generation process, Rilcoin network can perform more transactions without modifying the associated software in the near future. In turn, sellers/users/merchants would be benefited with faster confirmation times, and at the same time, they have the efficiency to wait for further confirmations while selling important ticket attributes.

How Does it Work?

Rilcoin is a part of Asset Management System. Rilcoin can be used to represent assets across a wide variety of industries and sectors. The company mentions multi-direction development of an Asset Management System which will support devices built using Smartdust technology, self-driving (AI) vehicles, autonomous agriculture, renewable energy, a completely different global real estate, worldwide banking, and much more. The whitepaper of Rilcoin fluently describes how actually it works and what are the uses of using Rilcoin.

The Rilcoin ICO

As we have already mentioned above, The Rilcoin ICO will begin from November 1. Approximately around 30 million tokens are being sold through the ICO.

The total funding from Ril-token sale will be allocated as follow:

• 52%: Available in Rilcoin’s cold storage wallet.
• 20%: For the development team.
• 13%: For business development.
• 9%: For research and development.
• 4%: For bounties.
• 2%: For the founders.

Anyhow, Rilcoin seems like a good digital currency and has all qualities to become successful cryptocurrency. Since it is the first virtual currency including qualities of the fiat currency, it may lead in the future and reach the level of famous cryptocurrencies such as Bitcoin, Ethereum, etc. Use of Rilcoin is not limited to the Asset Management System only, it will be used for micro & nano transactions, micro-finance and other day-to-day transactions.

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