Cryptocurrency in India - Indicoin

Indicoin is designed to overcome the issues that Bitcoins have faced all over the globe. Many across India do not know about Bitcoins or cryptocurrency at all. Our take is to make Indocoin widespread across India in the early stages and globally in the later stages. We focus to make it more flexible wherein there are special ATM cryptocurrency machines for Indicoin and other companies offering similar service. We aim to make it as localized as possible with every citizen of India having access to Indicoin. We will also allow mining possible on mobile phones which will allow users to earn and make greater blockchains and increase the value of Indicoins. Money conversion will be made simpler in order to covert Indicoins into currency which is the Indian Rupees. We will be focusing on creation of an application which will help people across the country to learn more about Indicoin, the conversion rates and how to mine them on their own mobile phones with just one click. The concept is very similar to Bitcoins but we focus on mobility and ease of use. With one click one can download the Application on their desktops, tablets, mobile phones and laptops too. And another click would lead to the mining procedure which would require the devices to be idle and mining would take up significant load on the devices which will result in the device not being usable for the amount of time mining takes place. Indicoin will be available to every citizen of India and signing up would only require Personal Details and an ID proof with bank account details included in order to convert Indicoins into currency.