The world's first cryptocurrency, Bitcoin, was introduced in 2009 by someone (or a group) known as Satoshi Nakamoto. Once released, Bitcoin is described as a "peer-to-peer electronic cash system." Basically, what the cryptocurrency does is to replace third parties that are trusted behind currencies (such as banks or government) with digital encryption. Currency is stored in a digital wallet with a private key, which is stored in the cloud or offline on the computer.
Cryptocurrency is based on an encrypted cryptographic algorithm to confirm transactions. Cryptocurrency transactions are recorded in online ledgers called "blockchain." In cryptocurrency, "block" is a new transaction record. After each block is complete, it is added to the chain, creating a block chain: the term "blockchain." Therefore blockchain is a safe, public record of every transaction involving cryptocurrency.
Over the past few years, cryptocurrency has entered the mainstream. Bitcoin, Etherium, and others have captured the public's imagination and have attracted investors and consumers. But when some people have started investing in Bitcoin (BTC) or other cryptocurrency, few understand how they work, and even fewer know how to use it to fulfill their promise as a digital but non-hackable exchange tool that allows us to conduct transactions instantly and safely, and that cannot be controlled by the government, banks, or other intermediaries.
Why is Cryptocurrency?
Cryptocurrency and innovative blockchain technology behind it are more than just passing through fashion or investment. They help democratize banking and exchange services, making them available to billions of people around the world who are not currently served by the existing banking and financial systems. Visit here https://www.paygine.com/
With cryptocurrency, there is no mandatory central bank. Conversely, users can directly exchange currencies, items, or almost anything that is of value to other users. Such exchanges are:
• Digital. No need to physically send documents, titles, or cash bags.
• Instant. Just like sending e-mail, transactions can be sent to the world in seconds.
• Safe. Military class encryption used by the system makes it unbreakable.
• The whole world. This is available to anyone, anywhere.
• Not discriminatory. There is no central authority that can block access or transactions.
What is the Paygine Platform
Paygine is a financial platform designed to offer cryptocurrency-related services for individuals and businesses, enabling currency transactions that are easier, faster, and cheaper in a variety of usage scenarios. In short, Paygine is designed to help consumers and businesses use cryptocurrency as simply and as easily as other currencies, in everyday life.
How does that work?
Paygine Platform + Business = Services for everyone
2 best payments => Paygine
Based on the needs of international banks and financial organizations, the founder of Best2Pay decided to create a new platform that was united by an information technology system. The Paygine system is designed from the ground up to be smooth, comfortable and low-cost, and to overcome the many obstacles that people encounter when they start using cryptocurrency.
Paygine's key competitive advantage over similar projects is to utilize existing Best2Pay services and technology. The Paygine platform (under the Best2Pay brand) has been actively used by many traders to accept payment using bank cards, and makes more than two million transactions per month, with a turnover of more than $ 115 million per month. Read Whitepaper: https://www.paygine.com/assets/helpers/files/en.pdf
Best2Pay services offer many advantages over competitors, including:
• Speed & Simplicity: clients can start receiving payments online in just one day
• Safety & Security: Best2Pay has a Level 1 certificate to comply with international PCI DSS security requirements
• Cost Efficiency: Best2Pay is the only participant in Visa International's "Bill Payment" program, allowing us to reduce the cost of transaction exchange fees by 42.8%
Aim
Paygine aims to bring Best2Pay services to the future of cryptocurrency.
Initial Coins Offer
To raise funds needed to develop the Paygine platform, the founders will hold an initial coin offer (ICO). The ICO will allow investors to get Paygine tokens (PGC) that will be used to pay for platform services. The ICO will have two main stages: pre-ICO and ICO. PGC tokens distributed during the preICO stage will be offered with maximum discount.
• Purchase currency: BTC, ETH, or various fiat currencies (will be determined)
• The minimum amount needed to launch a project: $ 3,000,000
• Maximum amount: $ 30,000,000
Phase of Token sale
Pre-sale
December 26, 2017
Purchase Rate: 1 USD = 1.4 PGC with 40% bonus LUNAT CAP REACH
Personal Sales
May 18 2018 - June 17 2018
Purchase Rate: 1 USD = 1.3 PGC * minimum $ 10 k with 30% PRIVATE PRIVATE bonus
LIVE Crowdsale
18 June 2018 - 17 August 2018
Purchase Rate: 1 USD = 1.3 PGC with a 30% bonus
for the first week Show a detailed bonus timeline
Distribution
Fund Distribution Token Scheme
Bonus System
Bonuses will be given depending on the time and size of the investment. The earliest investor will be given a bigger bonus. Tickets exceeding 2 BTC qualify for special bonuses. Bonuses will be given depending on the time and size of the investment. The earliest investor will be given a bigger bonus. Tickets exceeding 2 BTC qualify for special bonuses.
Roadmap
1 STAGE (36 MONTHS)
Buy a bank: Paygine Bank Europe and Paygine Bank Caribbean
Implementation of core systems, integration with accounting systems
Update the peer-to-peer system
Adjust existing payment gateways to work with cryptocurrency
Global open API for all services + blockchain (private DL)
Development of operational documentation and AML procedures
Registration of exchanger + IT system
Workflow management, changing bank teams, opening additional correspondent accounts
Launched a crypto-wallet service
Launch merchant account products
Having a card to wallet, virtual card service problem
Peer2Peer on a platform based on partnership services
Peer2Peer is based
Transfer your own emissions from Europe to the US and other countries
Agreement and integration with world crypto exchange
Introduction processing (emissions and gains)
Enter MPS + implementation and certification
2 STAGE (36 MONTHS)
Obtain a license in all states
Money Transfer (MT) software, integration with external systems
Development of operational documentation and AML procedures
Global openAPI for all + blockchain services (Paygine Bank integration via private DL)
API launch for US-MX and US-EU transfers
The launch of the API for transfer in each states as far as the availability of MT licenses or enters into agreements with local MT operations
Sign agreements and integration with the world's main cryptocurrency
Create infrastructure to receive and provide cash
3 STAGE (30 MONTHS)
Opening of Paygine Bank representative offices in Southeast Asia and the US
Link offices to the Paygine system core bank system
Global open API for all + blockchain services (integrating with PaygineBanks and MT (US) into one personal DLT)
Register on an MPS + office connection to central processing
Adjustment of operational documentation and procedures for AML for new activities in the representative office
Closing all cash flows from the platform in the Paygine group banks
Launches all services in Asia
More Information Visit the PAYGINE Link:
Author: The lucky
Eth: 0x7A3b0fb09628bc56997d52d9a77f3D70a23C66a6
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