Veros Whitepaper

Abstract

A cryptocurrency is a medium of exchange, which makes use of cryptography to secure
transactions and to control creation of additional currency units. The development of
cryptocurrency has been actively growing in the past decade, thus ofering a broad range of
transactional possibilities for both users and organizations.

Our aim to become the frst stable digital currency whereby the distribution and value of
the currency is not controlled solely by the miners, but also the community has a vital role
in this. Our purpose is to empower it through an Afliate Marketing Channel, topping up
projects with VEROS. The VEROS Community aims to inspire, be inspired, to educate and to
support its members.

VEROS is a cryptocurrency that has the nomination VEROS and has 8 digits after the decimal
point (for example 0.12345678 VEROS). VEROS is only an initial project which will continue
to evolve by adding new and innovative modules which in the end will defne a Crypto-OneStop-Solution
(COSS).

VEROS provides a use case for storing and processing digital transactions in a secure and
transparent way. Our system is based on the Ethereum blockchain application platform
and follows the cryptocurrency standards ofered by Ethereum at the deployment moment:
Proof-of-Work (PoW).

The Ethereum blockchain’s smart-contracts are used to validate and protect certain rules
regarding the distribution, freezing and ownership of coins. These contracts are enforced
by the Ethereum network and cannot be invalidated or changed by the company nor by the
users.

Veros Website
Veros Whitepaper

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