The Privateum Structure

Overall structure of the Privateum Initiative assumes a form of joint consortia of community and organizations worldwide, uniting their purchasing powers to achieve better positioning in public markets via better assets acquisition and management. We consider the cryptocurrency part of the solutions, highly relying on the offline processes and everyday life. As such, the Privateum internal Token is supposed to be quasi-stable dispensable both security and utility token with several key functions. The three hierarchical levels for mentioned token turnover are: 1. the wallets (users or organizations), 2. the nodes (preapproved organizations, institutions), 3. the SuperNode, initially to be the Trust/Foundation of the Privateum Initiative. Initially, the Privateum token is exchanged to publicly available fiat and crypto currencies, goods and other liquidity. So, at the beginning, all the external assets are gained in the internal Trust/Foundation balances. Each internal transaction assumes a commission fee in Privateum Token. Internal transactions in any currency/intra-balance transfers should be cheaper in Privateum Token, than in other currencies. Part of this transaction fees is required to cover expenses of Nodes running. Each such a fee assumes tiny share of payment to Internal Trust/Foundation as a Super Node support fee. Internal exchange should be as much automated, as possible, giving priority to transactions in Privateum Token. Privateum Litepaper
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