Five Core Platforms for Crypto and Fintech

foxicoreviews (61)in #cryptocurrency • 6 years ago

Rapid growing information technology create a new path to move human beings from traditional economy to digital economical era. The digital economy is efficiently backed by wide spreading Blockchain technology and cryptos. Blockchain specialists daily launch a different kind of new applications and platforms to address different failures exist with traditional technological infrastructure. But no one has been able to tide up the traditional economy with the digital economy. Coinnup team targets this gap and they have designed an ecosystem that addresses the issues faced by cryptocurrency early adaptors.

Coinnup is a decentralized Blockchain based ecosystem that allows users to do all fiat and crypto transactions. It is expected to address the following issues related to current isolated platforms.

Non-existence of the global central platform
Non-existence of Blockchain based POS system to integrate fiat currency holders and Blockchain technology
Non-existence of integrated fiat and crypto exchanges
Problems with crypto ranking websites
Lack of portfolio management

Coinnup is developed with the aim of interacting all the components of digital asset management and the ecosystem has been named as Paymaz Ecosystem. It consists of five core platforms. They are as follows.

Paymaz crypto exchange – This is a fully featured cryptocurrency exchange which has the ability to manage millions of transactions per second. The early adopters of the platform would get the opportunity to use the alpha version of the platform for next four years at a very low fee.

Paymaz fiat central – This platform enables the users to exchange cryptocurrencies and fiat currencies directly. So the users can exchange cryptocurrencies instantly.

Paymaz B2B & B2C payment gateway – This is the Blockchain based business to business and business to customer payment gateway. Because of this platform traders would be able to accept cryptocurrencies and the fiat currencies using a one payment gateway.

Paymaz Debit Cards - Paymaz debit cards enables the users to spend cryptocurrency holdings online and offline. Users can obtain a virtual card or a physical card.

Paymaz POS network & Universal Wallet – Paymaz POS network is designed to simplify the buy and sell process using cryptocurrencies. Traders can accept cryptocurrencies and fiat currencies through one POS terminal. Universal wallet will store cryptocurrencies which can be used in transactions

Apart from main features explained in the above paragraphs, the users would be able to do following transactions with the Paymaz ecosystem.

Recharging mobiles
Paying utility bills
Requesting payments across the network without sign-in
Buy gift cards
Earn loyalty points

Coinnup has introduced Coinnup tokens (PMZ) backed by Ethereum network, as their official currency within the platform. 298.5 Million Tokens are planned to be distributed among the platform participants as follows.

35% through token sales
35% -for the team members
2.5% for advisors
20% will be reserved for liquidity management
Remaining 7.5% will be distributed as community rewards

Token pre-sale is now open and it will be going on until 21st June 2018 and the participants can earn 30% bonus during the pre-sale period. Coinnup is still in the children in their lifecycle. They are planning to do a lot in future years and below are several milestones that they have planned to achieve before the end of 2019.

Launching coin ranking, central ID system, Paymaz wallet web version and mobile version and pre ICO.
Launching alpha version of POS network
Launching main ICO
Launching all the paymaz platforms
Completing the project and releasing the complete ecosystem by the 4th quarter of 2019.

The Coinnup team comprises highly qualified and experienced professionals in legal, financial, technology, online communication, and e-commerce. Following is a brief explanation of the Co-founders.

Myroslav Gavryliak

Myroslav is an expert in IT and he holds the position of lead engineer at Coinnup. He is a master degree holder in computer software engineering and possesses years of experience in the industry.

Tayyab Rahman

Tayyab holds a master degree in Marketing and supply chain management and he possesses more than 5 years of experience in the industry.

Founders are confident that they would be able to build up a comprehensive solution for cryptocurrency early adopters and they invite you to be a part of this huge project.