INSTANT PAYMENTS AND SERVICES PLATFORM
BACKGROUND AND THE IDEA
Currently, cryptocurrency has provided many solutions to various problems in payment transactions for goods/services, investments, transfers, and others. Currency differences between countries that used to be a big problem have now been resolved, there are no more restrictions. Transactions between countries are now not a difficult thing to do. We can enjoy the fast and convenience of transactions because transactions are carried out without going through intermediaries (P2P). But behind all that, there are still a few problems that arise. Every transaction using cryptocurrency always incurs considerable processing fees and long account reconciliation times.
You can imagine the value of the processing fee that occurs with the number of transactions using cryptocurrency today. Billions? Trillions? A huge number. Many projects don’t really care about this or even take advantage of the processing fees that occur. Not to mention the length of account reconciliation so that the transactions we are doing are delayed or even canceled. This happened because the reconciliation process involved many parties and a complicated bureaucracy. It would be very interesting if the account reconciliation process that was carried out could happen in just seconds. Both of these problems are likely to continue to occur because there are several parties who are indeed taking advantage of these problems. Very ironic, isn’t it?
OkGlobal Coin SWITCH-MYID
The processing fee problem is quite big and the long account reconciliation times have actually been going on for a long time because many parties have actually taken advantage of these two problems. However, currently, there is a project that wants to minimize or eliminate these two things. Let me introduce OkGlobal Coin SWITCH, an instant payment and service platform to solve real-world problems related to high fees, slow account reconciliation times, volatile value, and lack of intrinsic value to trading by utilizing blockchain technology. OkGlobal Coin SWITCH does not charge per transaction fees and is only charged 0.1%. This means that it is only about 1/10 to 1/30 of the percentage of fees currently charged and has the potential to save significant user funds. A unique project and in my opinion to be the first in the world. This is “The Money Project” by OkGlobal Coin SWITCH-MYID.
OkGlobal Coin SWITCH not only provides a solution to some of the problems mentioned above but also offers other benefits that are no less interesting, including, real money backed by assets, eliminates inflation loss, cannot be lost or stolen, secured with blockchain technology, hassle-free transactions under 5 seconds, international service center and many other.
To make this happen, the MYID Token was created under ethereum platform which will facilitate all transactions that occur later. MYID is a utility coin that will provide solutions to all of the above problems with a unique owner identification code so you don’t have to worry about losing or being stolen. With all the advantages mentioned above, the OkGlobal Coin SWITCH Project has a big potential to succeed, and if that happens there will be mega transactions that need to be served. With the limitations of the current ethereum platform, the possibility of MYID migrating to its own blockchain is quite high.
As I write this post, the MYID Coin Presale is in progress. You can potentially get a 25% bonus if you buy MYID Coin during the presale which will last until February 25, 2021. You can participate or learn more about the OkGlobal Coin SWITCH project at https://okglobalcoinsg.com/
OPPORTUNITY AND OBSTACLE
Currently, there are actually quite a number of projects that facilitate the payment or transfer process. They already provide convenience and speed in processing transactions that occur, but as I have mentioned before, they still take advantage of the processing fees that arise. So it can be said that the OkGlobal Coin SWITCH project is the first in the world and there are no competitors yet so there is a huge potential to be able to successfully take a very large market share.
However, it still takes extra effort from the marketing team to aggressively introduce all the benefits of joining the OkGlobal Coin SWITCH platform. The public must know that the transactions they carry out can be minimized by processing fees and faster processing while maintaining security and convenience in transactions. That way efficiency and effectiveness in all transactions carried out can be carried out properly.
CONCLUSION
The public’s need for payments, transfers, investments, and all other transactions using cryptocurrency is increasing quite rapidly nowadays without realizing that they are paying quite a lot for every transaction they make. Or maybe they are aware already but have no other choice. OkGlobal Coin SWITCH’s foresight in seeing existing problems and providing practical solutions will have a big impact on future transaction activities. This deserves appreciation because in the end all of us as users will use the benefit.
TEAMS
The OkGlobal Coin SWITCH founder profile is quite impressive. He has decades of experience in various fields, especially finance, international trading, sales, and marketing. The experience you have will really help the current project.
TOKEN DETAILS
Token name MY IDENTITY
Token class Utility
Token ticker MYID
Supply 100 Billion MYID
Platform ERC20
USEFUL LINKS
Website: https://okglobalcoinsg.com/
Twitter: https://twitter.com/MyIdentityCoin
Facebook: https://www.facebook.com/myidentitycoin/
Telegram: https://t.me/myidentitycoin
Discord: https://discord.com/invite/78qsbwV
ABOUT THE WRITER
Telegram: https://t.me/djadmika
Bitcointalk username: djadmika
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1312819
ETH Address: 0x06E465Ea9Cf7A6ef7FD54c27e303f2d2CDb45Ca1
Anti-plagiarism: https://smallseotools.com/view-report/731e98fecdc92ac2b22e8c0e7846a4fe
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