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CorionX and the Journey to Move Money in The Right Direction

Stablecoins, the utility tokens that power Decentralized Finance (DeFi) systems have seen a wave of media coverage lately, but what exactly are they and why are they so powerful in the DeFi marketplace? Stablecoins are a new class of cryptocurrencies that attempt to offer price stability either by algorithmic seigniorage or backing by reserve assets. They are designed to minimize the price volatility of the stablecoin relative to some “stable asset” or a basket of assets, by pegging to a cryptocurrency, fiat money or exchange traded commodities such as industrial metals or precious metals like gold. Corion Foundation, established in…

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July 31, 2020
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Global Stablecoin Popularization and Education Movement

The world needs an ever growing stablecoin community. Our target is 20m daily payment stablecoin users by 2020. “There is a payment solution, money transfer without any value loss on a cheaper, faster, secure, easier, 24/7 and borderless way and we should all know about this innovative new way of money!” In fintech recently the main thing has been to find the correct orientation. Innovative startups, users, regulatory instances, banks and investors are concerned. So it was time for testing new technologies which can offer promising solutions to fulfil the required financial needs of the 21st century. The number of…

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June 27, 2020
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The road that led to stablecoins

series Part 1 From barter to digital cash. Money has been part of human history for more than 5,000 years. From the origins of bartering to modern crypto money, this is how the system has evolved. At the dawn of humanity, bartering was used in lieu of money to buy goods. As man began to domesticate livestock, one of the earliest forms of barter included cattle, sheep, as well as vegetables and grain. The first known currency was created by King Alyattes in Lydia, now part of Turkey, in around 600BC. The first coin ever minted features a roaring lion.…

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June 15, 2020
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