What is SetCoin? SETCOIN REVIEW...

in #cryptocurrency7 years ago (edited)

What is SetCoin?

SET stands for Service Exchange Token. SetCoin is the token created by Inserviss for payments between service providers and customers. Unlike traditional third-party platforms, Inserviss has no intentions of collecting commissions. All transactions on the Inserviss platform will be commission-free! And more so, transparent, fast and secured since it’ll be on the Blockchain.
Inserviss is a global marketplace where service providers and customers meet. Services ranging from manicure, pedicure and hair care, therapists and even doctors, nurses and trainers can be accessed from the Inserviss platform; and that’s to name a few. The platform offers service providers the opportunity to create profiles, set prices and schedules, handle promotions and even customer relationship management (CRM).

RED BELLY BLOCKCHAIN CONSENSUS

Using a modified form of blockchain, Setcoin Alternative Digital Currency relies on Red Belly Blockchain Consensus that is more secure and transparent than the one used by major cryptocurrencies like Bitcoin and Ethereum. Not only that the RBBC is one of the fastest when it comes to writing secure data in the blocks. This allows for increased number of transactions that are smaller in quantity in a very small amount of time. Compared to Bitcoin, which does only a few transactions a second, RBBC allows for more than fifty thousand transactions a second!

SETCOIN ICO

Since the platform is not a new comer and has been working for years, you can be sure that this is not just another coin that will fail in the market. The coins can be picked up the cheapest at a rate of 1 BTC to 100,000 SET from February onwards. As the ICO continues, and when it will eventually finish, the value is sure to rise, as it will replace all fiat on the platform. The team has a well-planned distributed budget. They have even set up a reserve fund of the coins to tackle any financial issues that can be faced in the future.

A unique feature of Setcoin Alternative Digital Currency is that it uses such a low fee that you can practically call it a zero commission trade. The Coin will be available through the Waves digital exchange. It would be wise to register now as the verification process takes time.

BLOCKCHAIN Meet the Blockchain Family; Igor, his Wife and Kids in an Interview on Inserviss Setcoin Token Sale.Angela Scott-Briggs
ByAngela Scott-BriggsPosted on January 12, 2018

Igor​ ​ Perepelychnyy is a serial enterpreneur with 7+ years experience in IT industry and 5+ experience in finance industry. With the collaboration of his wife/partner Elena Perepelychnaya (Chief Creative Officer Inserviss/Setcoin) and their lovely children 🙂 , they have successfully created from scratch, a successful ecommerce startup with 12,500% annual growth per year. In this interview, Igor shares their success stories and inspirations on the latest Setcoin project. This is interesting, please take your time to go through it, you will love them;

What is the Meaning of Setcoin?
Setcoin is a Service Exchange Token that was created for payments between service providers and customers

Setcoin is now on early stage with average value near 0.2$ in USD equivalent on pre-sale . As all early stage cryptocurrencies, Setcoin have much higher potential for ROI rather than other major digital and traditional assets.

What is the market size of the Global Services market and what percentage is Inserviss aiming to occupy with Setcoin?
According to analytics companies like PWC, Deloitte, KPMG, E&Y, Statista estimate global services spending in 2025 can be 10.435 Tr USD YTD.

Main goal of Inserviss and Setcoin is not to take market share of some markets but to create some solution that inspire people to use modern convenience tech marketplace to offer their services for customers and grow in quality of this services. If we achieve this goal it will contribute to use Inserviss marketplace and Setcoin not only traditional service providers that are now on the market but also inspire new members to come and become sole-entrepreneurs or SMB and start to offer some new services or grow in quality existens. So, we expected to see much higher numbers in spending for services per year by population after Inserviss and Setcoin will be launched

Setcoin is a tech solution that will be able to make high frequency transactions with average check $30-100 Setcoin Blockchain is core with Red Belly Blockchain Consensus (RBBC) that is faster 11.5x of Visa and 94,000x of Bitcoin. Red Belly Blockchain can process more than 660,000 transactions per second.

In comparison, VISA’s network has a peak capacity of around 56,000 transactions per second, and the Bitcoin network is limited to around seven transactions per second.
Therefore RBBC will create a fundamental for growing something global and frequently usable like Inserviss and Setcoin.

official link:
Website: http://www.setcoins.io/
Download whitepaper here: https://goo.gl/VVD9Zg
BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=1488312

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