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About Us2019-04-27T21:40:48+00:00

About Us

Welcome to Blocknance Financial international your dedicated service for purchasing bitcoins and other cryptocurrencies on the spot.Buying and selling Bitcoins is exciting for the seasoned cryptocurrency trader; however, it can be a bit complicated for the general public. Blocknance Financial International introduced the first and largest bitcoin ATM in Latin America to simplify bitcoin trading for the Average Joe who wants to capitalize on the exponential benefits of the cryptocurrency trade. Our ATMs provide dual access with high liquidity. They also facilitate an easy and convenient option to trade not just bitcoins but also other cryptocurrencies.

 

Join the monetary revolution

Bitcoin uses peer-to-peer technology to operate with any central authority or with banks; transaction management and bitcoin issuance is carried out collectively by the network. Bitcoin is open-source; its design is public which means that nobody owns or controls Bitcoin and everyone can take part in the project. Through some of its unique properties, Bitcoin allows exciting options that could not be covered by any other previous payment system.

The blockchain is a public and shared register on which the entire Bitcoin network is based. All confirmed transactions are included in the blockchain. This enables Bitcoin wallet holders to calculate their spendable budget and verify new transactions.

A transaction is a transfer of values between Bitcoin portfolios that is included in the blockchain. The integrity and chronological order of the blockchain are protected through cryptography. Bitcoin portfolios contain a secret set of data called private key or seed, which is used to sign transactions by providing authentic proof that they originated from the owner of the portfolio. The signature also prevents the transaction from being altered by anyone once it is executed. All transactions take place between users and generally begin to be confirmed by the network within 10 minutes of initiation through a process called data extraction.

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