A Breakthrough Fintech with CHYNGE

elthonen (12)in #cryptocurrency • 6 years ago

Chynge is a blockchain-based platform that makes payments fast and free, as well as secure within a decentralized financial system. The project participants, that is, all those who wish to register on the site can get free access to financial resources, while the participants do not matter their income level.

Even though banks can transfer money for their customers instantaneously, they often profit from holding these funds as their cash ‘float’. Cross-border payment fees are saddled with hidden fees from corresponding banks, in addition to the already high service fees and large foreign exchange spreads. Further, ever more complex and demanding regulatory compliance requirements on banks drive up the costs of doing transactions; these are then passed onto their customers. The global volume of cross-border payments is estimated at US $2 trn per year of which US $500bn are from migrant workers sending money home to their families. Although the fees for money transfers have dropped by 22% over the past decade, the actual fees remain high at 7-8% of Gross Transaction Value (GTV).

The technology available today including big data, biometrics, artificial intelligence and machine learning, and blockchain has spurred financial technology (FinTech) companies to create new business models and new financial products to change the way we consume financial services. Chynge democratizes payments by making them instant, free, and safe. We mitigate reglatory risks related to money laundering, terrorism financing, corruption and other financial crimes. Our financial inclusive solutions put money back into local communities that can be used for developing infrastructure, education, healthcare, and social programs, to better the lives of our customers and those they love.

Chynge product has some necessary features and a number of advantages that you will definitely like. You can get acquainted with them right now:

Protection from financial fraud . Chynge fights financial crime. All operations and customer transactions are carefully scanned by previously established risk indicators and algorithms to detect suspicious schemes and operations, this fundamentally distinguishes the platform from similar ones in the economic sphere.
Your transactions will not be lost among others, and the calculation will be instant and reliable.
Without extra expenses. On the Chynge platform, there are liquidity pools that eliminate expensive bank credit lines, and this is what users have noted as a huge plus for the product being described.
Guaranteed security of the transaction. The project guarantees transactions free of illegal money, which instills confidence in the platform to its users.

The Chynge project has its own currency - the Clpx Payment Token, which plays several roles and has its own functions; read it carefully:

Acts as a store of value.
It is a store in which currency exchange is carried out.
Coordinates Chynge liquidity pools (LPs) in the world.
Reduces settlement risk and credit risk as well as currency risk.

Team

Chynge platform has the strongest team, what you are able to see for yourself. The project developers have selected only world-class professionals in the Chynge project team, and their competence and hard work will contribute to the success of the network.

The project partners are companies that have earned popular recognition, therefore experienced professionals are doing everything for the cyclical and harmonious development of the platform. The team consists only of specialists with many years of experience, including marketers, entrepreneurs, and developers of various cryptocurrency products. It is thanks to the competence in many areas that every day bring the project to a new, higher level, having a clear and phased plan for the development of the Chynge platform. Most team members are owners of successful companies, founders of international communities and associations.

Info ICO

Token : XCLP
Price : 1 XCLP = 0.05 USD
Platform : Stellar
Accepting : BTC, ETH, XLM
Minimum investment : 250 USD
Soft cap : 80,000,000 XCLP
Hard cap : 560,000,000 XCLP
Country : Singapore