PAYGINE PLATFORM: Changing the face of financial industry through blockchain

in #paygine6 years ago (edited)

Overview

Presently, the cryptocurrency industry is a multibillion-dollar asset. Since the inception of blockchain technology, the crypto industry has been growing from strength to strength. In fact, it is very possible to buy and sell digital currency by simple agreement on the exchange market. In 2017, Japan accepted the crypto-currency exchange is a legal activity which enables Japan has part of the progressive country for the digital currency.
However, April 1st of the year 2017, the country Japan amended the Payment Services Act to allowing virtual currencies as a legal means of exchange. This approval by Japan has made other industry leaders, and the state has started integrating crypto-currency and blockchain technology in various facets of their economies.
But, aside from this integration of digital finance, most people are still worried on how they can get a digital platform that can offer the means of buying goods and services of cryptocurrency without compromising their security identity to profile theft. These are what Paygine platform came to proffer solution to.
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What is Paygine?

The paygine platform is an open financial ecosystem designed to serve both cryptocurrency related business and financial platforms in the areas like crypto-currency exchange, money remittance and payment for goods in a less expensive way. Across the globe, major financial organizations and international banks have not integrated cryptocurrency payment option into their transaction process.
On this note, the founders of Best2Pay decided to create a solution to this problem, which saw the birth of a new platform called Paygine.

Aims of Paygine

The Paygine platform would offer the following services by utilizing Best2Pay existing technology:

  • Transferring cryptocurrency to/from a bank card;
  • Paying for shops and stores using a card in cryptocurrency;
  • Carrying out cross-border transfers of fiat currencies using cryptocurrency with minimal costs;
  • Maintaining wallets in both fiat currencies and cryptocurrencies with the ability to conveniently and quickly convert funds between them.

Competitive Advantage

The competitive advantage of Paygine’s over similar projects is that it can leverage off all existing Best2Pay technologies and services currently used by e-commerce, FinTech and beyond. Also, Paygine offers the following services by utilizing Best2Pay existing technology like

  • Paying in stores and shops using a card in cryptocurrency
  • Allowing you were transferring cryptocurrency to and from your bank cards
  • Helping you carrying out transfers of fiat currencies using cryptocurrency with minimal costs across the border.
  • It allows you were maintaining your wallets in both cryptocurrencies and fiat currencies with the ability to quickly convert funds between them.

Token sale participation

Token used on this platform is called PGC token, and it will be the functional tool on the Paygine platform. Why you should participate in token sales:
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  • Everyone will have equal fairness in token distribution
  • You can use it to pay for platform services, and payer will receive the discount from 10 to 30%
  • It’s the only acceptable financial tools with the platform

The Team

The Paygine team comprises of very talented individuals from majorly all facet of the business. For example;

  • Kirill Radchenko is the co-founder of Pay Engine Limited and CEO of Best2Pay.
  • Michael Luposhtyan is the Cofounder of Pay Engine Limited and Senior Vice President, Best2Pay

Below is an highlight of the rest of the team and advisors
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Conclusion

A paygine platform is an open financial ecosystem designed to serve both cryptocurrency related business and finance platforms in the areas like crypto-currency exchange, money remittance and payment for goods in a less expensive way. Across the globe, major financial organizations and international banks have not integrated cryptocurrency payment option into their transaction process.

Important links to make further inquiries:-

Website: https://paygine.com
Whitepaper: https://paygine.com/assets/helpers/files/en.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2916009
Telegram: https://t.me/paygine_official
Facebook: https://www.facebook.com/paygine/
Twitter: https://twitter.com/paygine

Author: PLMovs 

Contact me on Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2035939

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