DICE Money - Solves Blockchain's

DICE is a revolutionary cryptocurrency which features great simplicity and different operational model compared to the rest. The main goal is to allow DICE to enter the everyday life as a normal currency alternative to the traditional money, while at the same time complete decentralisation gives power to social groups to raise funds through cryptomining. Users can now invest in business by simply mining DICE for that business. Organisations such as schools or hospitals can benefit from crowdfund mining while at the same time keeping the cryptominers incentivised as well. Individuals can enjoy full support from their relatives and close circle friends in mining to cover a home mortgage, and so on – the applications are limitless.

DICE introduces a new type “cluster economy” which is much more social and fair, and provides greater opportunities to individuals and small business to succeed with funding through support from their contact network.

DICE (abbreviated from digital certificates) is a new cryptocurrency that solves key problems of the blockchain.

DICE has properties of both the presently existing cryptocurrencies and traditional money, and also creates a brand new funding route for any business. DICE introduces the “Cluster Model” economy, based on a large number of unconnected peers (called “operators”) all working within a singular global ecosystem. Each of those network peers is in a way a small country of its own, and the DICE miners supporting it, are its virtual citizens. “Investment Mining” is another breakthrough that the cluster model provides. Miners own their new DICE, but the capitalisation of the respective operator increases with the overall mining production. This makes an investor out of every miner, and the choice of who will be the operator they mine for, is a completely personal decision. Thus, every operator is in fact a self-funding social structure built around a cause or business venture. Unlike the blockchain, DICE operates on a different principle, much closer to the way deals in the real-world work - a secure and confidential virtual handshake verified by a witness. The DICE model: - Is fully customisable at every single operator’s level for full transparency or full privacy; - may be used in both online and offline transactions - lacks the need for special software wallets DICE is well suited for a shock-free adoption as the new everyday money - not dissimilar from the money we all use today, but updated for use in the digital age. We invite you to read through this document which outlines the DICE model, covers of the ecosystem participants, and our business plans for the ICO and launch of the network.

Solves Blockchain's

Key Weaknesses

Problem

Blockchain technology presents certain key inherent problems for other cryptocurrencies. The time it takes to mine, the time it takes to process transactions, transaction cost and these factors create a major problem for the environment, with 35 TWh used to create Bitcoin alone up-to Dec 2017. That's more electricity consumption than 60% of contries in the world.

Solution

Replace the blockchain with cluster model. A cluster model is an independent network of users revolving around a single point, usually an organization (called an "operator"). This drastically increases the speed, reduces the cost and energy consumption, as it eliminates the need for a single public ledger, removing a mountain of synchronization challenges associated with blockchain. Instead, there are as many different ledgers as there are operators.

Accesibility

Problem

Only 0.5%** of the population owns Bitcoin, while a much larger percentage has heard of it and everyone is aware of the significant gains investors have been making to date. Existing cryptocurrencies are not accessible, party down to complexity, price fluctuations and cost to either mine or purchase.

Solution

Beautiful in its simplicity, DICE streamlines the cryptocurrency experience to accommodate myraid scenarios and is extremely flexible in its application. It needs no special online exchanges to work. Want to store your DICE on USB drive? No problem. Want to purchase and get help with setting up a mining rig? No problem, we can arrange it all for you. Want your DICE to be a tangible thing? Print it out, put it in your wallet. The possibilities are endless for offline and online transactions.

Inequality Issue

Problem

The average person or organization is not able to access equity funding. Individuals often do not have enough disposable income in order to improve their circumstances by investing in companies.

Solution

We bring you crowd mining. The principle of crowd mining is similar to crowd funding platforms (a $16* bn market), with the difference being that individuals do not invest capital, instead they download software that generates DICE locally. This process is called mining. The mined DICEs are then converted into equity by the organization at the end of crowd mining round.

Secures From The Prying Eyes

Problem

If someone knows your wallet address, the transactions can easily be traced on the blockchain. The public ledger is not as anonymous as it was once envisaged to be.

Solution

DICE is not susceptible to the weakness of the blockchain. Our cluster chains are completely unconnected. Even if one or more operator collapses, the remaining network remains intact. Furthermore, DICE units cannot be faked, created out of thin air, or stolen. They can only be used in a transaction if confirmed by their owner. No personal details are exchanged. Users only know what others choose to reveal. No one knows anything about anyone else's transactions or balances, in a similar way to cash.