Since Pecu Novus uses blockchain technology incorporating NSA level cryptography, the possibility of anyone making transactions on your behalf or taking your coins from you is slim to none as long as you take the required steps to secure your Pecu Novus digital wallet. Also since transactions are highly transparent and public the network produces a true accounting of all activity within the network. This avoids the question as to whether a transaction was made or if funds were wired/deposited for a transaction, its clear and concise.
Simple Mobile Transactions
Pecu Novus makes it easy to complete transactions and transfer coins peer to peer. Its as simple as scanning a QR code and making the transaction if its mobile to mobile, if its via your Pecu Novus digital wallet then its as simple as pressing a button. Fraud is virtually eliminated when transactions utilizing Pecu Novus coins are made, they are irreversible and highly secure.
Dual Transactional Confirmation
Pecu Novus uses a dual transactional confirmation process, basically both parties must digitally sign off on a transaction before its completed. If one party does not confirm the transaction then it does not occur and is cancelled within 24 hours, when it is dually confirmed then the transaction is irreversible and all information related to the transaction becomes permanent within the blockchain.
Where are the Fees?
Transferring Pecu Novus coins on a Peer to Peer basis for transactions doesn’t carry a fee via the Pecu Novus digital wallet. Exchanges and digital wallets may charge a fee to exchange Pecu Novus coins for other cryptocurrencies or fiat currency.
Swift International Transactions
Whether its across the continent or across the globe, sending Pecu Novus coins is simple, fast and secure. Gone are the days of high fee based international money transfers, banks having you wait for three to four business days to clear a transaction and no set limits that can be sent. Whether you send one Pecu Novus coin or 1,000, there is no coin based fee in sending them via the Pecu Novus digital wallet globally. Fee’s may be incurred when converting Pecu Novus coins to fiat currency via an exchange that may offer that service.
Protect Your Identity
With Pecu Novus no personal information is ever used to perform a transaction , solely your public key and whatever details you add to the transaction, along with the quantity of coins, are ever shared on the blockchain / public ledger. The risk of impersonation as we have with traditional transactional services, credit cards etc are virtually eliminated on the PECU system. We cannot be responsible for the activity of digital wallet companies or exchanges, we do urge holders of PECU and other digital assets to always put the safety of your identity and coins first.