Blockchain technology can be described as a technology that utilizes a decentralized ledger to keep or store its transaction records. It aims to ensure that any data store in its system remains unchanged or unaltered. Transaction records on this powerful technology are based on a peer-to-peer network. Blockchain's potential has brought tremendous transformation in many industries such as the financial industry, gaming industry, education and healthcare sectors, etc.

Through blockchain technology the world is now enjoying a new system of finance (DeFi) that is opposite to the current centralized system. Apart from being innovative and promising, DeFi presents the world with a blockchain-based financial system that is independent of any central bank or entity, rather it employs a smart contract protocol in executing transactions. One of the advantages of DeFi which is built on the Ethereum network is that it makes innovative financial products and services accessible to all so long as the user has an internet-connected smartphone, computer, etc.

DeFi is permissionless, thereby allowing anyone to have financial freedom and at the same time have full control of their funds unlike the centralized system of finance. Blockchain technology is becoming a mainstay because its benefits can not be overemphasized which is why industries, sectors, professionals, etc have started adopting it. FILIPCOIN, which is a powerful blockchain-based project, believes that Integrating blockchain into the global transportation system/industry will bring a decentralized network for transportation to the global world.

WHAT IS FILIPCOIN ALL ABOUT?

FILIPCOIN is a powerful project dedicated to a transaction system that is credible and reliable, and it is powered by the robust Ethereum blockchain. This system of the transaction is designed to use a value of system protocol in achieving the transfer of payment which is based on peer-to-peer. FILIPCOIN through its innovative approach is building a platform that is not only decentralized but one that will also support the service economy application. This service economy application is expected to be highly flexible as well as reliable, convenient and secure, and will enable partnership development.

As a scalable and transparent platform, FILIPCOIN which is a unique and viable cryptocurrency has come to revolutionize the way people see cryptocurrency by presenting the world with a blockchain ecosystem for transportation and a Defi platform with a difference. In terms of innovations, FILIPCOIN is already at the forefront of it because it strengthens decentralized transactions and makes businesses easier and profitable which is the future of entrepreneurs, and this is why a comprehensive governance structure, including innovative technologies and board applications, leverages FILIPCOIN over other cryptocurrencies.

When compared FILIPCOIN with other cryptocurrency platforms, the difference is always clear because FILIPCOIN stands out among the rest in so many ways and offers lots of possibilities, and by utilizing an autonomous approach that is customer-driven it enables users to have freedom over their transactions. This is why FILIPCOIN is a renowned platform in terms of providing services that are innovative, customer-centric as well as customer-driven. FILIPCOIN is towards the sustainability of decentralized finance and the worldwide adoption of cryptocurrency that is why it is seen as the catalyst financial technology that will promote its investors, partners, stakeholders, and so on.

FILIPCOIN- PROVIDING THE WORLD WITH THE BEST DEFI PLATFORM THAT IS BUILT FOR ALL

One of the primary aims of FILIPCOIN is to build a social capital platform that will be on the service economy applications which will be incorporated into blockchain technology to enhance and use decentralized transaction protocol systems to address participants'​ interests from all parts of the world. FILIPCOIN is very much interested in developing and innovating its blockchain technology which will not only be an upgrade to the existing blockchains but will be designed to focus on Defi to provide practical solutions to its investors, users as well as its developer partners.

It may be of interest to know that the FILIPCOIN approach is the first-ever system to bring a true balance between sovereignty, cost-effectiveness, and risk. The good thing is that this will enable the developer partners to focus more on the development of relevant applications, to address customers'​ goals, which will help them to maximize profits. Although FILIPCOIN employs an approach that is driven by the needs and preferences of the customers, it will keep maintaining its decentralized approach concerning a credible payment system protocol to ensure high throughput, security, reliability, mobility, and low cost of transactions.

In the world of cryptocurrency, it is fair to say that FILIPCOIN is second to none because of what it offers to its users and the general public. Apart from providing the globe with secure and smooth transactions between merchants, users, and applications, it also makes it possible for users and merchants to transfer amazing value. What more, FILIPCOIN provides an excellent payment gateway collaboration with various industries and at the same time providing a mass payment facility to fulfill the entire community's needs.

THE FILIPCOIN APPLICATION

FILIPCOIN app which is popularly known as Filipay is a first-class application designed to facilitate the mass adoption of cryptocurrency. With Filipay, anyone from any part of the world can easily send and receive money (digital assets) such as FC, ETH, BTC, etc. It enables users to exchange their tokens under Eth and will also allow people to pay fares in most of the modes of transportation around the world.

The benefits of Filipay are too numerous to mention. It promotes the automatic fare collection to every public utility vehicle, accelerates the adoption of the cryptocurrency trend, and allows users to get rebates from their favorite shopping restaurants and sites. Furthermore, apart from this innovative, and unique app making it possible for people to pay ahead with their bills, travels, gasoline, etc it also makes cross-border payment easy and faster since it can be used in sending and receiving money or credits from anywhere around the globe.

FILIPCOIN app (Filipay) is built with a user-friendly interface to enable easy access to the app. Other features of the app include Accessibility, Reliability, and Convenience, An E-Wallet that is highly secured, Collaborative Rebates, A pay ahead that maximizes payment mobility, Automatic fare collection, etc.

ABOUT FILIPCOIN TOKEN

FILIPCOIN Token is a viable and valuable cryptocurrency known as FCP. This token is used in powering the entire service economy application projects of FILIPCOIN, and also to reward participants in the peer-to-peer payment system. FCP is built on the Ethereum blockchain network which makes it an ERC-20 compatible token. It has a total supply of 168,000,000 FCP.

CONCLUSION

What makes FILIPCOIN outstanding is that it gives its holders automatic access to a functioning and well-developed application that is designed for small businesses and entrepreneurs, including other benefits, thereby making it not just the pioneer of digital currency in the whole of Asia but also one of the leading cryptocurrency in the world.

See More:

Website: https://filipcoin.com/
Whitepaper: https://filipcoin.com/static/media/whitepaper.b53415d7.pdf
Twitter: https://twitter.com/filipcoin
Facebook: https://www.facebook.com/filipcoinfilip/
Telegram: https://t.me/filipcoinfilip

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