LARGO COIN: A SOLUTION FOR FINANCIAL USERS IN TRUST-DEPENDENT MARKETS

INTRODUCTION

The blockchain has a whole lot of platforms with centralized structures whose activities has led to the problems of unbalanced finance with trust lacking without any sure solution to the current problems such that if no tangible solution is provided to resolve them might pose imminent danger to individuals using blockchain finance to operate.

THE EMERGING LARGO COIN

Largo coin is the extent to which the team has planned to resolve the blockchain challenges. It is a platform that will have so many financial applications with the decentralized solutions brought to make users transact best with no limitations in the process. It will also rule out the existing latency in the way transactions between users are executed, allowing the effective exchange of important information with the use of financial securities when transfers are made. Participating in this platform makes one able to benefit from the advantage of security as well as safety such that the wrongs of many platform get corrected with the information possessed by individuals using this network. Even though people are already aware of the possibility to have low transaction fees with the involvement of cryptocurrency assets, that of Largo Coin will be significantly lower. The lower fees of Largo Coin will be due to the peer to peer structure that allows for multi layer processing of transactions and the process of transferring data that involves the multi-layer middle-men in it.

OTHER ADVANTAGES OF LARGOCOIN

This platform exhibit speed in its transaction execution. The speed is almost immeasurable as it is close to zero unlike how Bitcoin executes its own transactions, taking about 15 minutes. This platform is void of such latency as it validate transactions within its jurisdiction. So, whether you are sending fund to a wallet or performing mere transactions, the time will remain the same.

Also, when deals are made in LARGO, the transaction is considered final as it cannot be reversed for any reason. It ensures the completion of any deal between parties involved without them being nullified. Vendors involved in this platform will control their transactions well and control chargebacks better without fraudulent practice involved. Every payment card or tool to be used would be confirmed well before accepting them. There are other payment options for the customers to use alternative to the common ones. This is to satisfy the customers more and give them a much more convenient way to make payments or use the cryptocurrencies where they should use them.

CONCLUSION

This same Largo Coin functions as a useful tool in escrow services, bringing all traders together and making all types of big and small volumes of any coin available for the transactions. No matter the agreement made by parties in this platform during the escrow services, they will always reach an agreement and have the support of the permanent intermediary which is the escrow provider which will always ensure the complaince of the transactions between the participants. This is going to ensure that users get the satisfaction they should get after every transaction they initiate or engage in.

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AUTHOR'S DETAIL: Zandyoby