Cryptocurrencies Need a Good Manager

Cryptocurrencies Need a Good Manager

Bitcoin has been around since 2008. The cryptocurrency has gained a wide following worldwide and has spawned a brand new global economy.

Since Bitcoin, many new players have come into the market. Among these is OneCoin, which was founded by Dr. Ruja Ignatova, and is one of the major competitors Bitcoin has to contend with.

Dr. Ruja Ignatova

Bitcoin revolutionized online payment systems when it did away with the centralized Trusted Third Party based system and introduced its decentralized peer-to-peer business model. This superior model provided what the centralized model had failed to do: an assurance that there would be no double spending.

Most inventors and entrepreneurs are ready (and sometimes too willing) to take credit for their success. But this was not the case with Bitcoin.

Until today, the identity of the genius behind this cryptocurrency remains unknown, a mystery. Instead, we have a name: Satoshi Nakamoto. But who is Satoshi Nakamoto? Nobody knows. Other than that he is a Japanese man born around 1975, we know little of this individual.

It is even in doubt whether Nakamoto is a person or several persons using one alias. Some even speculate that he is not Japanese.

According to reports, Nakamoto owns approximately one million bitcoins (as of 2nd February 2017). This translates to over US$1.1 billion.

The aura of mystery lends some grandeur and romance to the company. But is this a desirable thing?

Maybe it is.

But it is also risky. Management is one of the main success factors for any company. Leadership. Without transparency, there can be no accountability. And nothing good ever comes from unaccountability.

This is a lesson OneCoin, a major cryptocurrency company, has taken to heart. Under the shrewd management of founder and visionary Dr. Ruja Ignatova, OneCoin has ascended to ever greater heights.

In fact, the company plans to go public in the second quarter of 2018. In doing this, OneCoin will be a pioneer: as the first fintech, e-commerce and cryptocurrency company to be public traded.

Dr. Ignatova is from Bulgaria, but her family moved to Germany when she was a child. She went on to excel in school, getting her law degree, and later a doctorate. She studied for her Ph. D. at the University of Oxford. She has received many awards, and magazines like Forbes have featured her.

In a short time, her company OneCoin has proved its mettle in the cryptocurrency industry, emerging as a serious competitor to Bitcoin. With a dedication to serving a global market, the company has ensured that using its products is easy and accessible.

The OneCoin management team closely monitors what is happening in the industry, and ensure they comply with all regulations. This complies with their commitment to compliance, transparency, and business excellence.

The world of cryptocurrencies is risky territory. Scandals such as the Bitcoin Savings & Trust Ponzi scheme have made some people wary of cryptocurrencies. Accordingly, the U.S. Securities and Exchange Commission charged Bitcoin Savings & Trust for defrauding its investors.

Dr, Ruja Ignatova offers a refreshing contrast. The cryptocurrency industry certainly needs more leaders like her because without transparency there can be no accountability. And without accountability, we are doomed.

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