OnzaCoin

Type of Private Digital Currency aimed at Companies, Business Clusters, Professional Associations and Tourism Ecosystems.

According to Wikipedia,

The troy ounce (ozt) is a British imperial unit of measurement. It is currently used primarily to measure the weight (and thus the value) of precious metals. One troy ounce is equivalent to 31.1034768 grams. There are 32.1507466 troy ounces in 1 kg.

The troy ounce is part of the troy weight system, which comes from the Roman monetary system. The Romans used bronze bars of different weights as currency. An aes grave was equivalent to a pound. One-twelfth of an aes grave was called an uncia, i.e., an ounce. Later standardizations changed the ounce to 1/16th of a pound (the avoirdupois ounce), but the troy ounce, which is 1/12th of a troy pound (a troy pound weighs less than an avoirdupois), has been retained to measure precious metals. The troy ounce weighs more than l’avoirdupois (31.1034768 g (by definition), versus 28.349523125 g).1

In order to maintain common purity standards and measurements over time, the troy ounce was retained instead of the avoirdupois for weighing gold, platinum, silver and gunpowder. Similarly, the grain, which has the same value in the troy and avoirdupois systems, is still used to measure arrows and their weights in archery, and for the weight of projectiles in ballistics. The troy ounce and the grain were also part of the pharmaceutical system used in medicine for a long time, but have now been replaced by milligrams.

21ST CENTURY

In today’s Digital Economy the use of electronic wallets together with the development of digital or virtual currencies is increasingly growing, there are and will coexist in the future various types of digital currencies or «digital coins» such as cryptocurrencies which are basically characterized by their character of public currency, listed on financial markets and stock exchanges of multiple countries in the world, Stable Coins whose main feature is and will be the fact of being fully backed by state, national or regional governments, the MDP or Private Digital Currencies as is the case of ONZAcoin which as its name suggests are a type of coins of limited use in private ecosystems generally closed and in turn networked to other ecosystems located in different geographic areas but that contemplate similar modalities of business structures and trade at the level of distribution of goods and services.
Based on this concept, we could determine that ONZAcoin is a type of Private Digital Currency or Private Digital Coin whose uses are mainly aimed at both business clusters or associations of companies for economic and commercial interaction between them in the Digital Economy of the 21st century, as well as Smart Tourism Destinations through exchanges of tourism services located in digital platforms of each of its DTOs Digital Tourism Offices and CTO Corner Tourism Offices (Evolution of Business Centers located in Hotels towards digital spaces interconnected in network and in turn connected to the DTOs that represent a new development model of tourist destinations based on the new digital economy).