The President of Venezuela Launches a New Cryptocurrency, nicknamed "the petro" Backed by the Rich Resources of the Country
The PETRO (PTR) will be backed by the Bolivarian Republic of Venezuela and the wealth of its large reserves of crude oil. More importantly, Petro has been created in an innovative way, using the highest standards in block chain technology and information security and thinking of a future where electronic asset representations facilitate more direct trade between emerging nations as well as the work of the State within the framework of true financial and economic independence.
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