PAYGINE - OPEN FINANCIAL PLATFORM

doodleman (67)in #ico • 6 years ago (edited)

Technological development cannot be denied anymore, the more days, everyone is competing to create something that is expected to facilitate human work. The most horrendous discovery of humans since the past few months is cryptocurrency, everyone starts using cryptocurrency as a payment instrument, and many more benefits. Seeing this prospect, we finally released a platform that we named Paygine.

SO? What is Paygine ?

Paygine is a decentralized blockchain platform, so the transaction flow will be more transparent and safer than other platforms. In this case, our platform creates a platform that can answer the desires of cryptocurrency users around the world. We will provide a new experience in storing cryptocurrency and fiat, and all can be converted to one another. In addition, we also have a feature that can make all of our users send cryptocurrency with the auto convert system to the bank card, and vice versa.

WHY WE USE BLOCKCHAIN?

We designed this platform to run using blockchain technology as the basis for our platform development. Because since it first appeared, blockchain comes with the offer of fast and secure online transactions and supports all types of data and cryptocurrency. With blockchain technology, the digitalization of coins has created the cryptocurrencies, which are decentralized, trustful, and free of intermediaries. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transactions can be maintained and reduce the possibility of data fraud. Blockchain is inherently resistant to the modification of the data involved. The blockchain is a public, distributed ledger of all transactions in a given system. It constantly grows as completed blocks (transactional information) are added to it. Thе data itѕеlf cannot be manipulated bу a ѕinglе person or grоuр оf раrtiеѕ since thе information iѕ encrypted. Thе еnсrурtiоn оf the trаnѕасtiоnѕ thuѕ саnnоt be falsified bу uѕ оr anyone else, mаking оur ICO аvаilаblе for all to see. These blocks are built in a linear and chronological order through cryptography. We have developed this platform for working with blockchain technology as the basis for developing our platform. Because from the first appearance, the block comes with the offer of fast and secure online transactions and supports all types of data and crypto-currency. With the help of the methods provided by the and blockchain, founders will be able to launch their ICOs, pre-ICOs, and other crowdfunding campaigns. The will provide the founders with many of the services and tools essential to successful launch of these types campaigns while ensuring security and credibility by the use of blockchain technologies. Blockchains enable data structures representing invoices to be deployed and to be tamper proof. This enables all participants of the ledger to view the state of the invoice with respect to time. Blockchain is a type of distributed ledger or decentralized database that keeps records of digital transactions. Rather than having a central administrator like a traditional database, a distributed ledger has a network of replicated databases, synchronized via the Internet and visible to anyone within the network. With disintermediation of services the blockchain has revolutionized all known financial conventions and pioneered new ways for fund raising through the tokenization of goods, products, and services . By using the blockchain for transactions, the costs will be minimal vis-a-vis current “middleman” models that include payment and currency conversion fees. With TechSpecs, all payments go directly to the seller in a single digital currency. Confidential information can be broadcast to specific peers with the proper permissions on the network to maintain complete confidentiality. Such a system is crucial when dealing with confidential access agreements between transacting parties. Besides that, with Blockchain technology we will be able to create a decentralized platform to help individuals or businesses to source for investors from all around the world. Blockchain refers to a type of data structure that enables identifying and distributing networks of computers, creating in a sense a distributed trust network.

As we can see in the table above, it can be concluded that as much as 28.14% will be transferred to ICO, as much as 57.03% will be transferred to reserved, as much as 14.83% will be allocated to the Team.