Cryptocurrencies, since their inception, have always been constructed through blockchain technology, but Agora Financial has created a new cryptocurrency named IOTA that does not use the blockchain at all. With a successful 2015 ICO, IOTA has gone from its humble beginnings to being valued at more than $10 billion, altogether. A spread of media outlets have covered the coin, and while its growth has been phenomenal, most people are really interested in the technology that is driving this new coin. Instead of using blockchain technology, IOTA is driven by tangle, which is a blockless ledger that many think might be quicker than blockchain.
Agora Financial has set up IOTA so that it charges no transaction fees no matter how large the size of the transaction, and one of the ways this is possible is due to the fact that the coin doesn’t verify its transactions by using miners. Instead, a user who is ready to do a transaction will validate two transactions from before, and the user before them will do the same. Verifying a transaction doesn’t take as much work, and users, themselves, virtually become the miners with IOTA. The creators of IOTA realized that the blockchain could be an expensive way of doing transactions and realized that it would be much easier to allow every user to be a part of the verification process versus a small amount of miners; especially if any currency wants to continue being decentralized.
Agora Financial has expressed the fact that IOTA can be used just like any other cryptocurrency and is made to be used through devices that are connected. A decentralized ledger keeps the information safe and without transaction fees people are even more interested. The internet of things is a the international network where devices, such as, appliances, automobiles, and anything else are connected, which enables them to be accessed remotely. IOTA allows users to swap data between these kinds of devices and also enables this information to be purchased or sold. As time moves forward and the internet of things becomes the norm, these kinds of transactions will become crucial and more
In 1987 Congress enacted a piece of legislation which is known as Statute 26-F. Statute 26-F created a new tax classification organizations that would allow specific companies to operate tax-free. Today there are 568 companies that meet the requirements of Statute 26-F. According to Statute 26-F if a corporation generates 90% of its revenues from the production, processing, storage, and transportation of oil domestically within the borders of the United States of America as well as periodically pays a portion of its revenues to its shareholders, then it can qualify to operate as a master limited partnership. These 568 companies issue periodic payments to its shareholders in the United States of America. These periodic payments were first popularized as a unique investment opportunity by Matt Badiali in a viral video where he referred to them as Freedom Checks. Read this article at Affiliate Dork.
Matt Badiali has been a member of Banyan Hill Publishing Company, one of the world’s leading publishing companies for investment and financial advice columns, for a number of years. While he has been in the finance industry for the majority of his career before joining the finance industry he already had a substantial career in academics as a trained scientist. Matt Badiali has a Masters degree from Florida Atlantic University in geology. He was undergoing work for his Ph.D. and teaching classes in geology at the University of North Carolina whenever a member of the finance industry contacted him. This individual was in the process of creating a team of researchers who would assist him in the creation of financial advice columns. This individual realized the benefit of having a trained geologist on his team as he was creating advice in the natural resources and commodities markets. He offered Matt Badiali a position on his team that would allow Matt Badiali to travel the world and see firsthand the operation of corporations. Learn more about Freedom Checks at Release Fact.
It was during the research for a project in the oil and natural gas industry that Matt Badiali first learned of the existence of master limited partnerships in the periodic payments that these corporations make to their shareholders. Matt Badiali realized the significance of this unique investment opportunity and quickly coined the term Freedom Checks in reference to them. Perhaps the most exciting thing about Freedom Checks is that they are a tax-advantaged method of investment as any income generated from them is treated as a return of capital and is only subject to the much lower capital gains rate of tax and not personal income tax rates.