It was announced today that Megahoot LLC has opened its highly secure cryptocurrency and digital document vault for business. The Megahoot Vault is a highly secure platform that will allow vault account holders to hold various cryptocurrencies such as bitcoin and other altcoins, place their coins in their own dedicated digital safety deposit box for safekeeping and hold highly sensitive executed digital documents such as real estate agreements and other transactional documents.
The Megahoot Vault is also a Peer to Peer exchange which will allow vault account holders to securely exchange various altcoins directly with other vault account holders. It will also allow for developers of current and future altcoins to submit their details to be added to the Megahoot Crypto Index and be eligible to be listed within the Megahoot Vault.
An altcoin listing within the Megahoot Vault is what allows a coin to be exchanged for other altcoins on a Peer to Peer basis. Altcoin developers are encouraged to apply to be listed within the Megahoot Vault and can do so by going to www.megahootvault.com beginning August 15, 2018.
Some of the benefits of utilizing the Megahoot Vault on a Peer to Peer basis is the cost savings, most transactions offer little to no coin to coin transactional cost, the Megahoot Vault does not collect a fee for transactions. Additional benefits include the Megahoot Safety Deposit Box which will hold various cryptocurrency assets, hold highly sensitive digital documents and assets, the Escrow System which allows for coins to be placed in escrow on a timed basis for business transactions and the internal transactional messaging system.
The Escrow System will currently only allow Pecu Novus coins to be utilized for transactions requiring the use of an escrow account. These transactions will automatically register on the Pecu Novus blockchain along with any references to secure executed digital documents held within the vault account holders Megahoot Safety Deposit Box. The Escrow System will expand over time to allow other altcoins to benefit from the highly secure Escrow System.
The Megahoot Vault features SHA512 bit encryption and proprietary security protocols are used for the highest level of security. Digital documents are heavily encrypted to provide an additional level of security for vault account holders.
The Escrow System utilizing Pecu Novus coins has been effectively used for transactions in industries such as manufacturing, import/export, real estate, automotive, fashion, consumer goods and gaming.
About the Megahoot Vault
The Megahoot Vault has been developed with additional security features and the ability to securely hold and exchange Pecu Novus and Megahoot coins initially but will onboard a number of other digital assets soon. The vault will have the ability to hold digital documents such as real estate or other transactional agreements securely for transaction utilizing Pecu Novus or Megahoot coins. There are many other features that are in development that will be released in 2018.
For more information go to www.megahootvault.com or to access the vault go to www.megahootvault.org
About Pecu Novus
Pecu Novus is a blockchain technology powered digital asset network that enables parties on the network to conduct instant, zero cost coin based transactions globally. The network provides businesses with the ability to place Pecu Novus coins in escrow for most any type of transaction, such as import/export, real estate, consumer products, manufacturing and much more. As of March 16, 2018 the network is managed by Megahoot, LLC, who overseas all maintenance and future development of the network.
About Megahoot LLC
Megahoot is a Technology Company focused on secure private collaboration platforms for business and personal use, incorporating ephemeral messaging, high security, use of cryptography and secure mobility. Products being introduced in 2018 include a digital vault for highly secure holding of various cryptocurrencies, loyalty tokens and information on/off the Megahoot Network. With the use of blockchain technology Megahoot will be venturing into various industries from smart homes to health care and more utilizing its blockchain technology platform that will allow corporations globally to create dedicated blockchain networks for their businesses for everything from accounting, logistics, supply chain management, security, education and much more. There will also be the ability to create loyalty tokens and coins aka cryptocurrency on the Megahoot Network. Megahoot LLC is a wholly owned subsidiary of Falcon Global Acquisitions.
For more information on FGA go to www.falconglobalacquisitions.com
For more information on Megahoot go to www.megahoot.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities or coins, nor shall there be any sale of securities or coins in any state in which such offer, solicitation or sale would be unlawful, and qualification under the securities laws of any such state.
This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.