What is Coin?
Shib Original Vision (SHIB) is a decentralized cryptocurrency that was launched in August 2020. It is built on the Ethereum blockchain and uses the XRP Ledger protocol to provide users with a secure, fast, and low-cost way to send money across borders. The coin has been designed to be used as an alternative form of payment for goods and services, as well as a store of value. SHIB has a fixed supply of 1 billion coins and is deflationary in nature, meaning that it will become more scarce over time.
The team behind SHIB have created an ambitious vision for the project which includes creating a global financial system that is open to everyone regardless of their geographical location or economic status. They are aiming to create an ecosystem where users can access various financial products such as loans, savings accounts, investments, insurance policies, and more without having to go through traditional banking institutions.
The team also plans to use SHIB tokens as collateral for loans so that people who don’t have access to traditional banking services can still get access to credit. This could potentially help millions of people around the world who don’t have access to traditional banking services.
In addition, SHIB aims to create an open marketplace where users can buy and sell goods using their tokens. This could help reduce transaction costs associated with buying goods online by eliminating the need for third-party payment processors such as PayPal or Visa.
Overall, SHIB Original Vision has set out an ambitious plan for creating a global financial system that is accessible by all. By providing users with access to various financial products and services at low cost they hope to make it easier for people around the world to participate in the global economy.
