NotaryTRADE clients make use of a new cryptocurrency called NotaryTRADE Coin (NTC). NTC coins are notary-backed. Transactions can be co-signed by an attorney or notary and thus receive legal validity.
With NotaryTRADE, clients can actually protect digital assets, including files and NTC cryptocurrency accounts; arrange the assignment of their digital property to their successors; order files to be preserved or disclosed to specific persons or entities.
NotaryTRADE coins are not mined, they use "Smart Notary Agreements". These agreements are designed to automatically generate revenue for clients from their own NotaryTRADE servers based on the number of NTC coins they hold.
NTC coin holders can also use NotaryTRADEs Blockchain-powered email system to send notarised NTC coin transfers directly to any email address. Recipients receive an invitation to securely accept NTC coins which they may store or exchange into other crypto- or government-issued Fiat currencies.
Kolab Systems, in charge of implementing and maintaining the platform for NotaryTRADE, has chosen OpenPOWER servers on which to run the platform. As a member of the OpenPOWER Foundation, Kolab Systems can co-examine and audit the machines running NotaryTRADE to the same degree as the software can be audited by others.
"This is the first notarized P2P cryptocurrency exchange with Blockchain servers owned entirely by its clients. The Pre-ICO for NotaryTRADE is now open".