TransCrypt - Open bank and the future of global trading system.

longnam (32)in #cryptocurrency • 6 years ago

Hello all of you, today is the 3rd day of my holiday, and now I am in Chiang Mai - the place where is called the rose of North Thailand - it is very beautiful. However, I encountered some cash difficulties while trying to buy some souvenirs here, although Thailand is an open country forcyptocurrenies, however, I still have difficulty in converting my ETH to Bath. So when I got back to the hotel, I decided to write an article, and I wanted to say that digital money will soon fall into all of the occupations in life, but at the present time, it is still difficult. The most significant difficulty is how it interacts with the national currencies of the nations. We need a simple and effective solution to support those who have never been exposed to cryptocurrencies that can easily access it.

Open bank and the future of global trading system..

No doubt the e-money market is the fastest growing market in the past year, there were times when daily trading volume exceeded $ 2 billion. However, in spite of such miraculous development, the infrastructure of the entire system is not up to date, leading to sluggishness in transactions and the cost of computing power. These restrictions have greatly hindered the spread of electronic money and have made it less convenient than conventional.

People need a faster and simpler way. So TransCrypt was born, with the main function as an ecosystem for the circulation of electronic money and national currency. It includes a friendly application for payments and transfers, an investment tool, a product for retailers that allows the acceptance of electronic money as a payment method and also a market for financial products. Truly a versatile tool: from the role as an crypto wallet store your digital assets, to payment at any location (phone or e-can); instant cross-border fiat transactions to B2B billing and POS systems ... all will be integrated into a single application.

Another interesting thing to mention is the Tizer blockchain system introduced by TransCrypt. The Tizer system overcomes the disadvantages of the current blockchain platform: no electricity costs, no computing power, no big computing etc. so the transaction costs will be minimal and reduce the pressure on the infrastructure system.

While considering the project, I see it has started from 2016 and they also have a long-term development plan, which extends to Q2 2020. This helps me believe they have a purpose and Clear motives for implementation. So if you are just an investor looking for a long-term investment, I believe TransCrypt is also a potential hint.

People - The factor that creates success...

We can not fail to mention the human factor, the most important foundation for the whole project, the members of the project are experienced individuals in the fields of investment and financial management, blockchain development and advertising. These are specific weaknesses to assess the success of the project.

Nick Machulis
CEO
15+ years of experience in project management and business development in the field of payment systems, charging systems, fintech products, retail.

Lena Deshpit
PR & marketing
Specializes in promoting startups, was responsible for digital marketing at YURBURO and Pochta.fi. Was involved with international PR at Okko, and with retail and branding at Okko and Yota. Believes that you don’t always need huge budgets for quality marketing.

Dmitriy Pechnikov
Development Team Lead
Python programming. TransCrypt back end, client APIs, third-party service integration development.
JOBS.