OkGlobal Coin SWITCH: Bringing a Radical Shift in Global Payment System with Glamorous Characteristics

mwaqar17 (47)in #ico • 3 years ago (edited)

Despite the global pandemic of COVID-19 since the end of 2019 till date, the recent surge in the Cryptocurrencies world has not only introduced new rays of hopes of stabilizing the world economy but also opened new doors of making investments and producing something the world has never experienced before. Though it has attracted users from every sector to step into the world of electronic currencies, yet real-world issues are haunting the newcomers, and old users are seeking towards some magic. The major issue still to be addressed is how to fetch a global payment system with maximum ease and minimum transaction fee as every year, merchants and buyers have to pay 1-3% charges on every transaction they make via cards; leading to the genesis of loss of billions of US dollars every year. OkGlobal Coin SWITCH presents a solution of its own type by enabling instant card payments around the globe with a transaction fee of just 0.1% per payment taking the lead in reducing the fee to the minimum possible level. OkGlobal Coin SWITCH aims at navigating the whole global payment system towards a new orientation through which the funds transferred are going to be instantly available without making merchants wait to receive their deposits. The old system of payment via cards had major loopholes creating a widened line of mistrust between buyers and sellers but the a\entry of new stakeholder, OkGlobal Coin SWITCH, is going to turn round the table at an angle of 180 degrees.

SWITCH platform is another innovation the OkGlobal Coin has brought with it. The groundbreaking features of OkGlobal Coin SWITCH application mesmerize its users as it eradicates all unnecessary verification and validation steps which are usually a part of Standard Operation Procedures (SOPs) in order to complete an electronic transaction and only a 3-steps simpler mechanism is more than enough to process payments all over the globe. SWITCH works faster and efficiently as processing units and storage sections are kept at the same location and cooperation among all devices allows SWITCH application a captivating performance.
OkGlobal Coin has been designed with the idea of disrupting the traditional sphere of business models and operates within a finite amount. A special security model to prevent OkGlobal Coins from any potential hacking attacks is under designing process and OkGlobal Coins have been plotted and mapped out to reduce volatility chances to the bottom line.
The next unconventional trait to be mentioned here is that OkGlobal Coin SWITCH provides merchants the option of immediate conversion of cryptocurrencies into a fiat currency which makes funds available instantly to be withdrawn and used by the sellers. Integration of blockchain technology and managing transactions through public ledgers further provides with secruitny of funds ultimately lessening the chances of any fraud. The Initial Coin Offering (ICO) event of MY IDENTITY COIN (abbreviated as MYID or @MyIdentityCoin) is already under process and will be ending soon. MYID are purely utility tokens designed using ERC-20 standards and available at Uniswap cryptocurrency exchange for further compliance.

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