Coinnup- a Project to Reshape the Future of E-commerce Using Fintech and Crypto

in #bitcoin6 years ago

Fintech and cryptocurrency have done many revolutions in the modern world. The world financial system is completely digitalized and flexible thanks to the revolution done by these two technologies. Now, we do not have to completely depend on banks and other financial institutions for currency transaction and exchange. Anyone can do these functions with the help of their computer or mobile devices which have internet system integrated within. The system through which we are able to do all kind of financial transactions online is popularly known as E-commerce. Since its invention it is continuously rising and gradually replacing the former slow and inefficient financial techs and tools for transactions. E-commerce is creating a global marketplace where all kind of financial activities can be done from anywhere in the world anytime. People do not have to wait for longer to complete their transactions and all the cross-border barriers have reduced all thanks to this online based business facility. Although this system is reinventing the world financial system all over them by making it digitalized, still it requires some improvements. The present e-commerce is in the problem as several issues are disrupting the natural flow of this process. The traditional e-commerce market still requires days, even weeks to process the cross-border transactions, as well as it is not able to provide the business organizations to earn more profits as it is disturbing the natural flow of transactions by incorporating third party interference and hidden charges. That is why the world e-commerce market requires something that can change the present condition as it is right now, to facilitate a more easy, time efficient, flexible and cost-effective financial transaction system to benefit both the customers and the businesses, and that system is Coinnup. In this article I am going to describe how the Coinnup is changing the e-commerce system by solving the issues that are disrupting the smooth flow of this system while revolutionizing the FinTech and Crypto-technology.

https://ibb.co/hsj3TJ

Details of Coinnup Project
The Coinnup is basically the system which focuses to alleviate the existing e-commerce limitations by reinventing the FinTech and Crypto-technology. Coinnup is integrating new techs within FinTech and CryptoCurrency system so that they can expand their wings freely to help the e-commerce sector to expand further without being disrupted by inefficiency and high costing. And how they wish to make this kind of revolution possible? This answer you will find by knowing about their five core platforms for FinTech and Crypto-technology.
The Coinnup has developed five platforms instead of one and has set them all in the Paymaz ecosystem. The Paymaz is a product of Coinnup and which has been developed to make the e-commerce system more flexible and cost-effective. And for that causes the Coinnup has integrated five ideas into five platforms for one unified ecosystem, so that people within the system can find all they are looking for, for effective e-commerce service. The Paymaz has all services integrated into one single e-commerce ecosystem. These services are as follows,

  1. Paymaz Crypto Exchange
  2. Paymaz FIAT Central
  3. Paymaz Debit Card
  4. Universal Wallet
  5. B2B and B2C Payment Gateways
  6. POS Network

https://ibb.co/cjQhNd

  1. Paymaz Crypto Exchange
    The Paymaz Crypto Exchange has the ability to handle millions of exchanges and orders per second and has instant KYC (Know Your Customer) system so that, you can find it as the most efficient currency exchange for both FIAT and cryptocurrency. This exchange is the one of its kind which has all these fascinating services within one exchanger system. Moreover, this system has the powerful trading engine and instant withdrawal process integrated within it to help you trade and transact smoothly and instantaneously. The exchanger is available for testing for the early adopters, so do not miss this unique opportunity.
  2. Paymaz FIAT Central
    The Paymaz FIAT Central is integrated with CSS protocol and has multiple functionalities. The systems is capable managing instant cryptocurrency buy and sell functions, funds withdrawal to bank account, and send and receive payments. This is all-rounder platform for managing all of the services necessary to for creating a suitable cryptocurrency and FIAT currency transaction ecosystem which is fast, effective and reliable.
  3. Paymaz Debit Card
    This is an exceptional service of Paymaz, a debit card system to spend cryptocurrencies online and offline and for withdrawal of funds from all over the world, anytime. This card has also the functions like; cryptocurrency top-up from crypto-wallets which have no time and place boundaries.
  4. Universal Wallet
    This wallet system developed for Paymaz ecosystem is a unique one which supports all kind of popular cryptocurrencies that exists in the present crypto-market. This wallet supports more than 50 types of cryptocurrency for storage and transaction. And what is more, the wallet owner will have the facility to trade and exchange all of those cryptocurrencies from a single wallet system. The Coinnup is planning to integrate 200 currencies in future.
  5. B2B and B2C Payment Gateway
    The Blockchain based B2B and B2C payment gateway created by Coinnup for Paymaz ecosystem are different from any other systems that exists in the existing e-commerce market. The B2B system they follow are the different form Alibaba, India Gate, EC21 and made-in-china and more efficient in settling the payments in cryptocurrencies in real time.
    The B2C system of Paymaz is more reliable, cost-effective and time-efficient than the existing services like; Shopify, Big Commerce, Magneto any many other existing marketplaces that support the same system for their businesses. The Paymaz ecosystem’s B2C is going to create a gateway for using cryptocurrency system with ease for commodity and goods purchasing services and will exchange FIATs at lowest exchange fees.
  6. POS Network
    POS means Point of Sale, and it is a terminal which is able to use cryptocurrencies as a medium of transaction for buying groceries and goods. This system is more simplified within a Paymaz ecosystem so that the inexperienced users can also enjoy this facility with ease and they can help themselves to feel the freedom of cryptocurrency based purchasing system. And for businesses, they will get the chance to earn more profits by minimizing the unnecessary costing for the conversion fees required for FIATs.
    Thus the by harnessing the power of all these technologies and platform the Paymaz of Coinnup is going to create a better financial world for the future generations to come where everything will be FinTech and Cryptocurrency based and trade and exchanges will be free and globalized.
    If you have more quarries regarding Coinnup and Paymaz please visit, https://www.coinnup.com/, or you can read their detailed whitepaper from, https://www.coinnup.com/assets/pdf/whitepaper_cu.pdf.

https://ibb.co/hBLSoJ

The Coinnup project is mainly base on the Paymaz ecosystem. The successful creation and implementation of this ecosystem is the key to success for this whole project. The team is relentlessly working on the development of this ecosystem and I am sure with their possessed experience and expertise they are far more capable of succeeding in the creation of an Omni Ecosystem for sustainable E-commerce worldwide.
To learn about the Coinnup project, in brief, please watch their video from, https://s3.us-east-2.amazonaws.com/coinnup-assets/videos/intro_video.mp4.
Join Coinnup ICO and contribute to the next generation e-commerce ecosystem based on FinTech and Cryptocurrency. To get more details about their ICO you can visit, https://www.coinnup.com/.

Company Website: https://www.coinnup.com/
Whitepaper Link: https://www.coinnup.com/assets/pdf/whitepaper_cu.pdf
Bountyhive: https://bountyhive.io/browse/Coinnup

Telegram Group: https://t.me/coinnup
Facebook Group: https://fb.com/coinnup
Twitter Pages: https://twitter.com/coinnup
BitCoinTalk Thread: https://bitcointalk.org/index.php?topic=4000401
Medium Blog: https://medium.com/@coinnup
Reddit Pages: https://www.reddit.com/r/Coinnup/
Linkedin Feed: https://www.linkedin.com/company/18430576/

BitcoinTalk Name: lolaguffey
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1272490
Bountyhive User Name: johnmcgray

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Ahh wow. So extensive. Killer info. Followed you. Continued success. ☺😀

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