Tata Coin (TATA) is a community-driven, fully decentralized cryptocurrency with the goal to be a global digital currency that can be used for making worldwide payments. The aim of the currency is to create a safe payment system for traders, organizations, and multinational companies to make decentralized finance completely secure. 

The foundation of this asset is based on the problem of risk factor that exists with other cryptocurrencies. This problem reflects the usage of smart contracts by other cryptocurrencies that allows their crypto owners to hold valuable assets of people to the detriment of traders. In order to overcome this issue, the network seeks to ensure their smart contracts are thoroughly audited and designed in a manner that makes them completely safe and secure from detrimental risk factors.

Further, as per its whitepaper, to maintain this safe environment throughout the coins' life cycle, Tata Coin has renounced their smart contract deployed on Binance Smart Chain. Binance Smart Chain (BSC) is a blockchain network developed for running smart contract-based applications. The act of renouncing smart contract ensures no changes can be made to the functions of the smart contract in the future, ensuring the development of a cryptocurrency that has no single owner or organization to control the coin, where every coin holder has the power to manage their coins. Further, according to the whitepaper of the asset, these coins can be used for many different purposes by their holder, some of which are:

These usages reflect the fundamental principle of why the coin was developed.

The Tata Coin is a community-driven cryptocurrency. It doesn't have a CEO, nor is it controlled by any individual, organization, entity, or group, making every coin holder the owner of the crypto. The Tata Coin started its journey in 2021, and the coin has a maximum total supply of 9,000,000 TATA coins.

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