Yocoin treats the all-important blockchain ledger, a fully verifiable public database that's maintained by thousands of independent computers , as a platform on which to build secondary programs that strip out costly middleman from all forms of person to exchange
[/color]Yocoin enables smart contracts that function without lawyers; stock exchanges without central clearing houses; financial record-keeping systems that can be verified without an auditor; even tamper-proof voting systems that automaticly guarantee one-person-one-vote[/size]
Yocoin's multi signatures are entirely unbreakable, enforceable, and completely secure and simultaneously gives equal rights to both parties involved in the transaction.
Yocoin is how the internet was supposed to work. Yoc proposes a global distributed computer that is the backbone for asset trading, real estate transactions escrow services and even national income distribution systems. Yocoin runs smart contracts: Applications that runs as programmed without any possibilitiy of downtime, censorship, fraud or third party interference[/color].