SWAAP platform , A Blockchain Based Payment System that offers frictionless and Decentralized Universal Payment Service

GENERAL PRESENTATION

Blockchain technology is a disruptive technology with high potential of reshaping the global financial system . The technology is very reliable, fast, secure and offering low cost international processing services through the distributed ledger without involving any form of middlemen services unlike in the conventional banking system . One of the major feature of blockchain payment system is transparency which cant be found in the centralized set up. In this publication , i will be focusing my topic of discussion on SWAAP platform , a blockchain based payment system that offers frictionless universal payment service . Unlike in centralized payment service setup where users are limited through KYC and other territorial laws, SWAAP is an decentralized open payment service that is available for everyone irrespective of their locations. . Anyone can use SAP token anywhere in the world due to their open source nature and can be exchanges for fiat through the platform .

ABOUT SWAAP PLATFORM
Swaap leverages blockchain technology to provide universal payment service at faster speed .Majority of the existing traditional payment service provider have problems of delays . International financial transactions are encountered with problem of delay. SWAAP has integrated blockchain technology to remove this barrier and create a possibility for everyone to receive and transfer funds in an high liquidity financial environments, converting their tokens into fiat whenever needed . SWAAP token implements SAP token which is the native currency of the platform which are backed up with varieties of assets and cash . SAP are assets backed up and will allow its users to gain access to instant liquidity in Fiat currencies within the platform . Users will have access to high liquidity in Fiat currency .

SWAAP ecosystem is powered on Ethereum blockchain which guarantees high security , scalability and speed in the platform network . As a blockchain powered payment system , the cost of trade finance is drastically reduced. The cost attached to the manual paper work attributed to the traditional financial set up is removed . The system is built on blockchain which allows every transactions recorded safety, immutable and auditable. As a result of this , businesses are empowered , they can conduct seamless financial transaction at reduced cost . Another amazing feature of the platform is the implementation of smart contracts which enable contracts self execution . Payments are conducted not by any individual but through smart contract. It offers error free and safe financial services ,cross boarder financial services and countless financial solutions which allows individuals and businesses to conduct business safely globally.

WHY CHOSING SWAAP PAYMENT SYSTEM ?

(i) SWAAP offers Fiat/Crypto payment gateway with high liquidity: Users can convert their tokens into Fiat with fund instantly deposited into Bank account . Besides, SWAAP offers user friendly interface which enable users to redeem their crypto assets into Fiat currencies .

(ii) FAST SETTLEMENT :SWAAP payment gateway allows instant fund settlements. Users dont have to wait for hours expecting funds to be deposited into their accounts. Funds are deposited with instant speed into users account within just a few seconds after executing transaction. SWAAP offers a secure and highly reliable means of transferring funds locally and internationally.

(iii) ETHEREUM BASED PLATFORM : SWAAP implements Ethereum blockchain to power its ecosystem which guarantees safety and security of users funds . SWAAP supports Ethereum based tokens .

(iv) COMPLIANCE AND HIGH LIQUIDITY PLATFORM : SWAAP is a compliance Platform . The platform have high level of liquidity because all crypto assets are collaterized which enables instant funds settlements without any form of delay. In addition, SWAAP has deployed a chain- on -demand system which reduces cost of operating on-chain services .

HOW TO GET SWAAP TOKEN

It is very easy to obtain SWAAP TOKEN . Users can easily mint their SWAAPS , purchase them from exchange or alternatively get it from another wallets .The 3 means where users can obtain the tokens includes :MINT, EXCHANGE, RECEIVE .

(a) Users can mint their own SWAAPS through NOVA Bank via this link : https://novabank.io/ .Collateral only needed to be deposited to conduct the minting . The proccess doesnt involve any delay , it is fast . The minting can also be done with the user of Bank debit or Credit Card .

(b) EXCHANGE : Swaaps TOKEN can be purchsed in the listed exchanges should users dont want to go through the first option which is MINT. SWAAPS can be purchased in exchanges like UniSwap, 1inch , ledgerdex, ForkDelta, Matcha and more coming

(d) RECEIVE : receiving SWAAPS directly from a wallet or another NOVA BANK is another means of getting SWAAP tokwn .Users can download SWAAP wallet to keep their swaap .

CONCLUSION,
SWAAP has created a convinient financial infrastrcture for businesses, traders and individual globally . The Platform offers cross boarder blockchain based financial services which allows seamless , secured, convinient and cheaper cross boarder financial transactions. Swaaps stands out because it has its own native token and offers crypto/ fiat gateway .Financial institutions are not left out as well . Transfering funds internationally and locally attract some certain amount of interest which in most cases reduces the profitability of a business. Swaaps is the solution for all . It allows users to transfer funds in the most cheapest price and avoiding some territorial policy constraints .

Official Resources
Website: https://swaap.org/
ANN Thread: https://bitcointalk.org/index.php?topic=5291587
Telegram: https://t.me/swaapcrypto
Facebook: https://web.facebook.com/Swaap-102275471847846
Twitter: https://twitter.com/SwaapCrypto

Writers info
Bitcointalk username : beleful
Bitcointalk user profile url : https://bitcointalk.org/index.php?action=profile;u=2693998
Eth address: 0x69776E601226eaf07d8A5455eEb53eC63A2db8DE