ITOB - evolution of payments

in #itob6 years ago

It is quite difficult to use digital money in everyday life. The developers of ITOB platform are taking care of this issue. The crypto industry has been developing for over 10 years, the number of wallets has reached millions with the capitalization of 300 billion dollars that continues to grow. A huge number of projects have been created that solve the problem of buying cryptocurrency. And there are almost no sites that allow selling digital money for own purposes.

https://www.itob.io

The interaction of a seller and a buyer, as well as the mechanisms for controlling transactions, is the main idea of the project. ITOB, developed on the basis of blockchain technology, is an excellent solution for revolutionary changes in the payment sector. The path offered by developers makes the purchase and sale of any goods and services in the world of cryptocurrency convenient and simple. The project team is based in Tallinn and Bishkek. 28 people work in management and R&D departments.

         

Main idea

The main idea of the project is to build a ready platform based on a market with a large industrial and consumer potential. The market of Southeast Asia is the best suited for this purpose, even with a minimal result, the gain will be millions of dollars. This will allow ITOB to support and distribute profits between ITEX token holders. Southeast Asia with the population of 600 million is the market where it is possible to develop a culture of electronic payments.

https://www.itob.io

How participants will benefit

A huge number of people will be able to search, purchase and sell goods around the world. The holders of digital money will be able to open multi-currency accounts that support basic cryptocurrencies. There will be a system of lending with the use of digital assets. A seller and a buyer will solve the problem of securing the transaction with cryptocurrency. Immediate exchange, transfers and payment are provided using ITOB application.

The features of the project

The team offers a new level of service for everyday purchases. Buyers will find and purchase goods from reliable sellers, obtaining a guarantee of the legitimacy of the transaction from ITOB. In this case, the calculation is made in the currency that is preferable. The team creates a unified platform, taking into account all the advantages and disadvantages of e-Bay and Pay Pal, and attracts trading companies, connecting with the API, in order to collect the necessary information about products and services. Companies will be able to receive fiat money if it is not possible to use cryptocurrency in deposit accounts.

       

Advantages of ITOB

Modern methods of payment no longer correspond to demand and, in some cases, brake the market. Blockchain technology solves this problem in the framework of the project. The platform is the intermediary that will use all possibilities of the cryptocurrency market. It ensures the availability of fast transactions without commission, sets the minimum commission for exchange.

To open a wallet you need to register. A two-stage verification process, an encrypted SSL connection and protocols are used. The developers guarantee anonymity, confidentiality, security at the banking level, SHA-256 cryptographic algorithm, two-step authentication process. All transactions within the platform will be recorded on blockchain to store information about them.

Conclusion

The advantage of the platform is that a user can solve various tasks in a single space. It also offers a unique set of functions on one platform:

  • ITOB search;
  • Payment for online purchases in cryptocurrency;
  • Guarantee of payments and transactions;
  • Listing goods;
  • Payment terminal.

There is no need to transfer money from wallet to wallet in order to make transactions while spending money on commissions. This is the only way to pay for this platform. The device by default will support different types of cryptocurrency, including Bitcoins, Lightcoins, Ethereum. A user will have the opportunity to buy cryptocurrency from the wallet for fiat funds or other digital money. You can also sell currency. The platform analyzes several options and chooses the best rate. Transactions between the owners ITOB wallet will be performed at zero rate.

Links:

Website: https://www.itob.io
WhitePaper: https://bit.ly/2IRoSoe
Telegram: https://t.me/itob_io
Facebook: https://www.facebook.com/www.itob.io/
Twitter: https://twitter.com/ITOB_IO
Medium: https://medium.com/@ITOB_IO
ANN: https://bitcointalk.org/index.php?topic=2968214
Author: https://bitcointalk.org/index.php?action=profile;u=980049

Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.

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