ABOUT SCOTCOIN AND THE SCOTCOIN PROJECT
What Is SCOTCOIN?
Scotcoin is an ERC20 token verified by Etherscan and audited by Hacken.
The Scotcoin Project CIC is affiliated to::
The Scotcoin Project CIC
The Scotcoin Project CIC promotes Scotcoin and helps to implement its use.
- Scotcoin will work with its preferred partners accepting Scotcoin to further the objectives of The Scotcoin Project CIC.
- Distribute Scotcoin.
- Educate the public, businesses and agencies about Scotcoin, cryptocurrency and blockchain technologies.
- Ensure Scotcoin is widely accepted in all areas of commerce and society.
- Incentivise and stimulate local trading initiatives.
- Provide technical support for users and merchants.
- Lead marketing initiatives for businesses who accept Scotcoin.
- Build a network of businesses who will trade in Scotcoin.
- Encourage and support business startups.
- Advocate for social enterprise and environmental causes.
- Will appoint and work with preferred partners to support social, food-based, housing and caring initiatives.
- Lead and encourage debate on building stronger, cohesive and more equitable economies.
- Champion personal privacy and strong encryption.
Peer To Peer
Payments go directly to the individual or business, removing the need for a bank or building society.
Always Available
Banks close at the end of the day and digital banking payments can be delayed. The Scotcoin network runs all day every day so your transactions are completed almost immediately.
Low To No Fees
Transaction fees are incredibly low compared to traditional online payments methods including Paypal, Western Union, Bank Transfers or Credit and Debit Card charges. However, if you are using our Scotscan system there are no fees.
Directors
Temple Melville
Temple Melville is a multi-sector businessman and a London School of Economics graduate. He has written a book on Blockchain titled ‘Blockchain, Bitcoin And You’ and was an early adopter of Bitcoin. He came to Scotcoin during 2014 and is a strong advocate both of the blockchain, decentralised currencies and for regulation for cryptocurrencies.
Peter McGowan
Peter has had a successful business career in electrical and environmental, compliance and safety. He is a keen sports fan and a
supporter of numerous community facing projects in Scotland and the rest of the UK. He is longtime corporate sponsor of the Ups ‘n Downs and Travers Foundation charities. He has been a supporter of Scotcoin for over five years.
Advisory Panel
Scotcoin has been working hard to bring together its advisory panel and is delighted to announce that it now boasts an impressive collection of individuals who collectively have over 100 years experience in blockchain, finance, sustainability, cryptocurrency, HR and senior management – this team will provide invaluable insight, guidance and stewardship to the development of the project going forwards.
Douglas Drummond
Since the dawn of the Internet, Douglas has been building websites and apps for companies, clubs and charities. Bringing over 20 years commercial experience with online projects ranging from small startup user bases to national and global enterprises with public facing assets. His expert knowledge in myriad internet technologies spanning multiple industries and client types helps him advise Scotcoin on best practices all the way from conception to delivery.
Scotcoin Verifications
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HACKEN AUDIT DELIVERS TOP RATING FOR SCOTCOIN
The code audit for the Scotcoin smart contract has been carried out by Hacken (hacken.io). The audit resulted in the award of a top rating placing Scotcoin at the very top of Hacken’s grid system.
The classification is described as ‘well secured.’
Hacken themselves are a leading global cyber security company with a focus on blockchain security. Hacken Cyber Security services is part of the Hacken Group, which Includes CER.live, HackenAI, HackenProof. CER.live is the cybersecurity data provider for CoinGecko (www.coingecko.com)
Temple Melville, CEO of The Scotcoin Project CIC, said: “I am delighted that our code has been so well endorsed. Hacken are a top 10 code auditor, and we are delighted we were able to secure their services. The way is now clear for us to move forward towards our IEO .”
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ETHERSCAN VERIFY
Etherscan has verified Scotcoin, an ERC20 token, under the name ‘SCOT’.
Temple Melville, CEO of The Scotcoin Project CIC, commented: ‘We have huge respect for Etherscan and the work they do. They are established as the market leading BlockChain Explorer, Search, API and Analytics Platform for Ethereum. To have secured the name ’SCOT’ Is a very special moment for us on our ongoing journey with Scotcoin.’
Everyone is delighted with the news, obviously, including head of security, Brian Mackay who added: ‘This will make the Scotcoin v.3 ERC-20 token a more trusted asset, appearing on the well-known Etherscan database of tokens on the Ethereum Main Net.’
