LARGO COIN: Transforming the Global Trade Markets Payment System

in #largo4 years ago

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The blockchain technology is a new technology developed to transform most sectors of the world economy. Financial sector is one of the sectors that happily embrace the technology. Without a doubt, financial sector is one the most important among these sectors, it serves as the driver of the economy.

The traditional banking system has contributed a lot to transform and sustain this sector, yet there are a couple of barriers obstructing the smooth operation of the system. However, there is urgent need to develop a new platform that will offer the most secure, fast, transparent, trusted and reliable financial service that suit the modern day financial transactions.
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WHAT IS LARGO COIN?
Largo Coin is a decentralized financial instrument developed based on the global financial needs of businesses and users.

Largo Coin was developed based on the current situations of the market development and the needs that may emerge later in the future with the scale-up of the community.
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HOW LARGO COIN WORKS?
Largo Coin is an organization that determines to create trust on all the businesses that involves in trade or any form of financial transactions between its members. The platform specialized in deal insurance and escrow service in the world. Largo platform uses most recent technology, blockchain and smart contract to execute their operation. LRG is the ecosystem token, it’s used to protect deals between parties trading on Largo Platform. LRG is utilized to compensate the party that insures the deals and the escrow deposit. LRG is currently trading on exchange which makes it a liquidity assets as well as a reliable tool to secure deals with low risk. To make use of the escrow services, buyers need to acquire some LRGs on the exchanges. This will offer a steady demand of LRG, improve its circulation and increase it trades volume.
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FEATURES OF LARGO COIN
Proof- of-Stake Consensus Algorithms
Largo Coin is based on a strong architecture, driven by a Proof-of-Stake algorithm. POS is the methods whereby a user option to confirm blocks of transactions on the network in relation to the quantity of coins he/she have staked. In Largo coin network, users are required to lock up some of their coins before they can valid transactions of a block.

Master Node based security
A Masternode is a network's full node that continuously store updated copy of the distributed ledger. In addition to storing the distributed ledger and validating blocks of transactions, other important functions that masternode executed make it unique from others regular nodes.

Mining/Minting and Emission
In the first year of operation, some quantities of the emission of Largo Coins will be minted. In the subsequent year, the block rewards will be bit by bit scale down continually to grow the market value of LRG and also reduce the impacts of inflation on LRG. 200 million LRGs will only be emitted.
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Largo Foundation
It’s a private organization that brings together experience blockchain and cryptocurrency developer with the objective of ensuring wider adoption of LRG. The Foundation plans to release the entire open-source code, wallet and block explorer to mass use. After the release, the Foundation will devote its time and resources to guaranteeing steady upgrade to ensure harmonization between user’s and organizational demands.
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Largo Coin Wallet
The platform has its own digital wallet called Largo Wallet. This wallet will be accessible on desktop, mobile phone, and web version. Users-friendly, easy transfer of funds, good security, and financial autonomy of LRG holders are main features of the wallet. The wallet is available to users 24/7 and 365 days per year.

For Customers
Personal accounts are very easy to access with Largo Coin. Bitcoin set the stage while Largo Coin simplifies it and offer starter and professional users colorful to user’s experience.

Financial Sovereignty
Absence of central authority or bank regulating the activities of Largo Coin, user’s transactions are absolutely safe and autonomous and nobody can limit user’s financial right.

Smooth ready to-utilize UX
There's no compelling reason to waste time installing and setting up complex tools in an effort to use Largo Coin. Private users can utilize it like any traditional financial service.

High security
Powerful infrastructure as well as incentives for all the members of the community makes Largo Coin the most suitable platform for users who want security.

Speed
Instant transaction speed is one of the competitive advantages of Largo Coin. Light speed transactions is one of the reasons users use our platform.

For Businesses
Largo Coin is likewise the ideal instrument to make trust in business. Utilizing it to guarantee deals or an escrow deposit opens a totally different scope of opportunities to develop old business processes for companies and customers.

For Investors
Largo Coin is one of the main products that will fight for huge share in the crypto market as a result of its development on advanced technology and her economic model that is sustainable even in a volatile market. The ecosystem keeps growing due to the limited supply of LRG and the use of masternode. Largo Coin is undoubtedly a perfect financial instrument for potential investors of all levels.
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Desktop Wallet
The desktop wallet was designed for all major operating system to make it easy for any user to store, move, or trade LRG. The wallet is firmly protected and only occupying just small disk space.
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Mobile Wallet
With our mobile wallet users can get instant access to all their cryptocurrencies from around the world right on their mobile phone. Make your funds readily available at your fingertips with the Largo Coin Android and iOS mobile apps.
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Web Wallet
The most convenient way to store your assets. Manage your funds from any internet accessing device any time via Largo web wallet. https://web.largocoin.io/
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LARGO COIN DETAILS
Buy LRG: Hotbit, Conreal
Market capitalization: $374 924 944
1 LRG price: $10.03
Total Supply: 200 Million LRG

CONCLUSION
The idea behind Largo Coin project is best in the cryptoworld. The most amazing part of Largo Coin is that LRG can be utilized, in real world, by means of Largo Coin Platform. This is a project that will unquestionably change the financial system and the utilization of cryptocurrecnies across the world.

Useful links to the project
WEBSITE: https://www.largocoin.io/
REDDIT: https://www.reddit.com/r/largocoin/
TWITTER: https://twitter.com/largocoin
FACEBOOK: https://www.facebook.com/LargoCoinPublic
TELEGRAM CHAT: https://t.me/largocoin_chat
TELEGRAM CHANNEL: https://t.me/largocoin
ANN THREAD: https://bitcointalk.org/index.php?topic=5200762
WHITEPAPER: https://www.largocoin.io/

AUTHOR
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
Largo Coin Wallet: DHdTMcEECF7VxfAeY85Rp8ZTjN2XcsohH

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