Incipient Industries announces the release of the definitive whitepaper on the subject of cryptocommodities. Following years of development combined with the dissemination of information related to cryptocurrency viability and asset based cryptocurrencies, an actual description of how to deploy a cryptocommodity is now available. This is a first in the burgeoning cryptocurrency industry and represents a significant step towards a stabilized digital economy.
The cryptocurrency industry is still developing and discovering ways to integrate with traditional financial systems or to replace them altogether. The introduction of cryptocommodities into the cryptosphere creates a new category of opportunities for pioneers in the space. For those seeking a solution to a stable cryptocurrency, this is the best path to success.
“This is a perfect use case for cryptocurrency and also follows the Three Pillars of a Viable Cryptocurrency framework.” says Steven Dryall, CEO of Incipient Industries, who has pioneered several key concepts of the emerging digital economy. According to the whitepaper, crypto commodities are an essential part of a complete digital economy; "The functional decentralized equivalent of all financial tools does not exist. The lack of these instruments is a significant contributor to the overall volatility of cryptocurrency markets. Solutions to fill these gaps are needed to forge a viable, global digital economy.”
The next stages for Incipient Industries, after the publication of the whitepaper, include the deployment of crypto commodities and proving use cases for a carefully selected cluster of digital assets. These deployments will follow methods that are both compliant and viable. A significant influx of crypto commodities projects that are not initiated by Incipient Industries is also expected to enter the market following the publication of the whitepaper.
The whitepaper is available for download at the Incipient Industries website as well as other platforms where Incipient Industries has a presence.
About Steven Dryall:
Steven Dryall is the CEO of Incipient Industries and Co-founder of Nikola Tesla Unite Ltd. He is also co-author of The WealthTECH Book, published by Wiley, and a lecturer for The FinTECH Circle Institute. He can be followed on Twitter at @SDryall
About Incipient Industries:
Incipient Industries is a company based in Toronto, Ontario, Canada. Incipient Industries has been involved with many pioneering cryptocurrency initiatives and continues to create innovative solutions for the cryptocurrency industry. The company website is http://incipient.ca