ELIMINATING THEFT AND LOSS IN THE CRYPTO COMMUNITY THROUGH MY IDENTITY COIN. #OkGlobal #the money project #blockchain #cryptocurrency #ICO @ MyIdentityCoin

Blockchain technology has great revolutionize the world, giving yield to the creation of thousands cryptocuurrency on yearly bases. As many would say, blockchain technology provides data integrity, anonymity and security without any third party control or intervention. The focus has been more on the cryptocurrency system, while less on the applications that deal with the security and safety of the users and the whole economical system (funds/capital security). Currently, blockchain tech has some limitations in terms of proposed solutions as they lack concrete evaluation on their usefulness. There are authentication problems, self certification issues and much more with the current systems as they only aim to provide a smooth system for transactions, but not a smooth system for funds/token security.
Cryptocurrency in recent times has emerged as an online payment solution posing as an electronic cash version that without going through any financial institution, individuals can successfully make purchases. Cryptocuurrency seems ideal for transactions but the major hurdle in the cryptocurrency market originates from a paucity of security when transactions are being made. This results in unrecoverable and untraceable losses and theft. Just between an interval of 2017 to 2020, Crypto users have lost about 45% of all their existing tokens due to their negligence. By so doing, they are unlikely to recover their coins. This has been a consistent problem faced by crypto users. Due to these problems, some group of professionals established a blockchain platform known as “MY identity coin (MYID)”.
MY identity coin (MYID) is part of the “money project” by OkGlobal coin SWITCH; it is the world’s first ‘tagging/wrapping’ technology that aims to eliminate risks from loss or theft. MYID is a utility coin that is used for tagging cryptographic blocks with a unique owner’s identification code. For simplicity’s sake, it means that in the future, your information will be tagged on any coins you purchase and by so doing, this will ultimately reduce the chance of losses and theft in the blockchain ecosystem globally and will potentially save billions of dollars every year (in the world).

ABOUT OkGlobal coin SWITCH; the money project:

OKGlobal Coin SWITCH wants to be the future of global payment and individual currency management. A crypto coin that tied to a community of instantaneous payment and service platform with a unique trait of rising intrinsic coin value based upon reinvestment of profits from payment processing, insurance financing, currency exchange and other investment holdingor valuations into the coin ledger. To navigate uncertain securities regulations and ensure full compliance, OKGlobal Coin, SWITCH and MY IDENTITY (the underlying framework/software for payment transfer and verification) must be continuously adaptable to be structured any way necessary with changing technology and needs, separate cooperative entities with services offered to participating community members who agree to use SWITCH as a payment and services platform with OkGlobal Coins in lieu of traditional fiat currency. As earlier said, MY IDENTITY Coin (MYID) is a utility token used for tagging of cryptographic blocks with a unique owner identity code. OKGlobal coin is a standard crypto coin that will operate on its own unique blockchain. It is currently a TRC21 token off of tomochain and will migrate to its own blockchain prior to launch of the beta testing for the SWITCH instant payment platform.
The Merits of OkGlobal coin SWITCH:
• It saves merchants 90% or more from payment processing fees and immediate account reconciliation.
• Gives consumers a currency that grows year to year.
• Profits are reinvested into coin ledger to make all OkGlobal Coins securities that are regulated, insured, audited and backed by real assets used for routine purchases by consumers.
• Security Coin powered by blockchain tech to take over trillion dollar payment processing, exchange and remittance, banking and finance industry.
• OkGlobal Coins are protected and guaranteed from total loss and theft.

About MY IDENTITY coin (MYID):

MY IDENTITY utility coins, has a total volume of 100 billion ethereum(erc20) MYID Coins. The ethereum erc20 blockchain was used to create MYID Coins for ease of access to various funding and trading platforms, but MY IDENTITY Coins will migrate to its own unique block due to the functionality limitations of the ethereum blockchain.
MY IDENTITY Coin (MYID) has launched its ICO on December 27th, 2020 and will last for 60 days, visit www.okglobalcoinsg.com or www.okglobalcoin.com for more information about the ICO.
For more information, please visit any of the link bellow:
https://okglobalcoinsg.com/
https://twitter.com/MyIdentityCoin
https://www.facebook.com/myidentitycoin
https://t.me/myidentitycoin
https://discord.gg/JRMSdh6GFp
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Bitcointalk Profile link:https://bitcointalk.org/index.php?action=profile;u=2407976
ETHA Adress: 0x3BdABD26228eeB7A33a3EbF405f52E2eBaebde8D