PAYGINE: OPENING NEW FRONTIERS TO STIMULATE INTEGRATION OF FIN TECH AND CRYPTO TO SUPPORT BUSINESS NEEDS

jannyh (0)(1)in #blockchain • 6 years ago (edited)

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Decades after the inception of the blockchain infrastructure, the concept of cryptocurrency was birthed as it was envisaged to become a form of digital currency that can be used to close trades, pay for utilities and also peer-to-peer transaction purposes, this has become a widely known method of payment yet the frequently asked question cannot be overlooked as it causes a loophole to become fully acceptable by all. The questions frequently asked to include; how does it generally work? How can it be used in conversation for goods and services? How can it be transferred and what system guarantees it safety? This stream of questions needs an exponential feedback for further clarification to those concerns; in order to breach this gap, the idea of Paygine is conceived.

INTRODUCING PAYGINE
Paygine is a financial ecosystem under development aiming to become a new paradigm in the exchange platform where hassle-free cryptocurrency trades and transaction deals can be carried out. The platform is developed using the blockchain infrastructure to support and enhance decentralization and transparency during and after a transaction. The platform will provide legal and financial back-end for its users within the existing regulatory legal framework.
Existing Challenges before the Project
As much as it solves most of the traditional banking system problems, it has its own problems and shortcomings, they include;
The regulatory requirement for ensuring compliance
Lack of technical knowledge in cryptocurrency
Inability to accept cryptocurrency as a payment form
The unreliability of e-wallet providers
Difficulty in converting from one cryptocurrency to another
The distinctive features of Paygine will serve as the solution it proffers to the existing problem facing cryptocurrency users or potential user, they include;

CENTRALIZED ACCOUNT MANAGEMENT
The traditional system or method of managing accounts will be laid to rest as Paygine has been structured in an attractive way that can help you house all your digital currency in one single encrypted account. This will out rightly eliminate the need for a middleman agency or a third party whose services might cause an extra charge.

DEPOSIT AND WITHDRAWAL
The paygine ecosystem has been built in a simplified manner whereby special attention is giving to expanding the channels for depositing and transmitting funds for specific payment purposes. To make it work out easily, users will be actively connected to channels for deposit and withdrawal.
EASY PAYMENT PROCESS FOR CRYPTOCURRENCY ACCEPTING MERCHANTS
The Paygine platform already has numerous merchants who are its active users and uses bank cards to accept payments. As a rare offering, the platform intends to implement the ability to accept cryptocurrency and also ensure an easy, simple and fast connection of this new payment method for its existing and new clients.

PEER- TO- PEER SERVICE
In most kind of businesses, the peer- to- peer are in high demand, this service unites people or business participants to make exchange directly. This can also serve as a form of managing the flow of money.

MONEY TRANSFER SERVICE
Cryptocurrency is the cheapest and fastest method of transferring funds within the country and abroad, this has led to the high demand of an exchange service, therefore the significant role and solution of the Paygine platform can be played and proffered. Transfer of cryptocurrency is much faster and profitable.

TOKEN SALE INFORMATION
Token name: Paygine Token (PGC)
Total supply: 151,750,000
Rate: 1PGC = $1USD
Payment method: BTC, ETH, and fiat currencies.
Indeed, the blockchain architecture as laid out an enlarged framework for innovation and Paygine is working to become the business exchange platform just as its unique features have highlighted. You can participate in the launching by signing up for the Paygine ICO and Token sale