Bitcoin latinum, a next-generation bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity has announced its official pre-sale launch.
Bitcoin latinum will trade under the symbol LTNM with a total supply of LTNM888,888,888.
Bitcoin latinum is now available for pre-sale on bitcoinlatinum.com and will be available on exchanges in 2021.
Bitcoin latinum is an enhanced bitcoin fork. The bitcoin latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. Bitcoin latinum taps into the new wave of crypto DeFi — decentralised finance — for its role in independent digital transactions. According to Nasdaq, the total DeFi related cryptocurrency market recently passed USD14 billion, up from USD1 billion in February 2020.
The bitcoin latinum tokens are a part of a blockchain ecosystem being adopted by companies in media, gaming, storage, cloud, and telecommunications. Bitcoin latinum tokens will be interchangeably used on each of these partner/supplier networks by consumers. In addition, bitcoin latinum adds security around inflight transactions and enhanced mining node protection based on memory scanning technology. Furthermore, bitcoin latinum looks to reduce the cost of a bitcoin transaction from dollars to pennies for on-chain transactions and even lower rates for lightning-based transactions.
Marsh & McLennan, one of the world’s leading specialty insurance brokers and risk advisers, has been appointed to arrange a comprehensive insurance program for bitcoin latinum. The insurance coverage, to be arranged by Marsh Asia, will protect bitcoin latinum holders in case of external theft and internal collusion, potentially up to the full value of their holdings. This contemplated insurance coverage will make bitcoin latinum the world’s largest insured digital asset.
Draper Dragon Fund will be playing a major role with bitcoin latinum. Draper Dragon Fund has invested in blockchain companies Telegram, Ledger, Vechain, Ultrain, Aelf and Token Insight.
“The partnership with Marsh, Monsoon, and bitcoin latinum would further extend our digital asset portfolio,” says Richard Wang, Managing Partner of Dragon Digital Fund. Draper Dragon is an extension of the Draper Venture Network (DVN) backed by billionaire Tim Draper who is often regarded as one of the most successful venture capitalists in the world.
Bitcoin Latinum has selected Hong Kong’s Hex Trust, the leading digital asset custody platform for the banking sector, to be a digital asset custodian for the new token. Built with banks and financial institutions in mind, Hex Trust offers hardware security modules from IBM, and is connected to the SWIFT payment network. Recently, Hex Trust partnered with Milan-based global leader, SIA, which processes over USD14 billion in digital payments and over USD16 billion in institutional services transactions each year.