Why do we need decentralised money and cryptocurrencies?
In a world where some fiat currency systems are failing, as seen by the financial collapse in Venezuela and now Turkey, our reliance on centralised currency is being questioned more than ever. As the traditional systems that have been in place for so long continue to falter, the world looks for a viable alternative and many have found that alternative in decentralised money, or cryptocurrency. The benefits of a decentralised approach to currency include the resistance that it affords to inflation or deflation, which is attributed to its limited supply, which then echoes the properties of gold or land as insulation against devaluation. This particular attribute becomes increasingly important for citizens of countries that have fiat currencies that are destabilised.
TREOS is a direct reference to the ‘decentralised money’ that will power a new economy. In the future, the term ‘TREOS’ will become synonymous with cryptocurrency and Virtual Financial Assets (VFAs), their payment methods, their ecosystem, and their general use as both a utility and a store of value. Today, however, TREOS introduces itself incrementally, using proof-of-concept stages and coordinated, multi-directional implementations throughout the financial sector, both online and offline.
The TREOS economy and ecosystem have been designed to operate upon concepts of universal consensus, anchored to the stable price of gold, which effectively removes volatility from the cryptocurrency market — one of the biggest existing obstacles to cryptocurrency mass adoption. TREOS is on track for compatibility with the legislative development of the VFA sector and designed for ultimate compatibility with regulatory frameworks, auditing requirements, Anti-Money Laundering (AML) legislation, and Know Your Customer (KYC) requirements, and so TREOS is positioned for mass adoption in line with global policy implementations. Furthermore, TREOS believes passionately that all blockchain technologies should be regulated primarily by the people they serve, and we are advocates of fair and transparent policy development that retains the rights of the people to prosper and contribute within a democratic and ethical global economy. There is a race happening for ownership of the blockchain, and TREOS ensures that our new, digital economy will be owned and guided by the people who give it its value.
The public will first encounter TREOS as an online marketplace platform, fuelled by its proof-of-concept network token, TREOS Origin (TRO). The marketplace at treos.io is built and ready for market, and it joins together buyers, sellers, affiliates, bounty hunters, business owners, partners, advertisers, and cryptocurrency users in a shared ecosystem that provides empowerment, transparency, democracy, security, and freedom to prosper. The platform is our premier product, and is the ultimate use case for the penetration of decentralised money into the legacy online ecosystem.