As a global payment solution, Dimecoin Network focuses on developing and innovating the digital currency, Dimecoin. Their financial products and services provide consumers and merchants with the ability to buy, sell, send, and exchange Dimecoin as an alternative to cash or credit in a fast, simple, and secure manner. The company aims to empower people with the freedom to transact through peer-to-peer transfers, global remittances, point-of-sale systems, and currency swaps.
Operating as a fully decentralized public blockchain, Dimecoin Network is dedicated to creating an innovative and accessible payment ecosystem that caters to everyday financial needs. Their offerings include products for merchants with same-day settlements at minimal costs and services for global money transfers at a considerably low fee.
Dimecoin, established in 2013, stands as one of the earliest coins in the virtual currency landscape. Accepted in over 350 stores and held by citizens in over 43 countries, Dimecoin operates on its native blockchain utilizing the Quark Algorithm and is mineable. Moreover, the Dimecoin Blockchain is fully decentralized, immutable, trustless, and highly secure, with upgraded security measures to prevent majority attacks as of 2019.
As of 2018, Dimecoin Network is headquartered in the United States. Currently, no specific details about the last investment or the involved investors have been disclosed.