The realm of cryptocurrency started with the inception of Bitcoin and blockchain technology by Satoshi Nakamoto. Since then, there has been an unprecedented paradigm shift in the financial system. Cryptocurrency, since its inception, has in so many ways, stood out from the traditional banking system. Cryptocurrency overcomes the issue of government influence and unpredictable change in price experienced by the traditional financial system.
Despite these advantages, cryptocurrency has not yet reached the stage where it can be generally accepted and utilized by the public. The traditional banking system has been aware of this increasingly booming system called cryptocurrency and has taken steps to preserve its own existence. For example, the traditional banking system has limited cryptocurrency transactions and has declined numerous pleas to open accounts with cryptocurrencies. In addition to these, the complexity and high technicality of the blockchain and cryptocurrency system has in so many ways, hindered the uprise of cryptocurrency. To solve these problems, Paygine, an open financial cryptocurrency platform, was established.
The Paygine Initiative
Paygine is an open financial cryptocurrency-based platform which is designed to offer cryptocurrency-related services to individuals, businesses and companies alike. Thus, providing for a much easier, better, and cheaper method of cryptocurrency transaction which can be applied in as many cases as possible. With Paygine, individuals will be able to purchase goods and services with cryptocurrency and also carry out global cross-border transfers as well as transfer cryptocurrency to and from a bank card. Simply put, Paygine makes the world of cryptocurrency unlimited. To achieve this, Paygine will partner with financial companies, retail shops and service providers via a system called unified application programming interfaces. Thus, Paygine will not offer services directly to individuals but instead, individuals who want to benefit from the Paygine platform will have to go through the Paygine-linked clients.
Paygine offers numerous services to customers, some of which include:
● E-wallet: The e-wallet will give users the opportunity to have access to wallets which will be able to accommodate both fiat currencies and cryptocurrencies. With the e-wallet, individuals and businesses will be able to make various transactions using digital currency.
● Exchange between Cryptocurrencies and Fiat Currencies: The Paygine financial platform will give clients and end users the opportunity to exchange among various cryptocurrencies and to exchange between cryptocurrencies and fiat currencies and also among various fiat currencies.
● Issuance of Physical Cards Linked to Flat Currency or Cryptocurrency Account: In a bid to facilitate the use of cryptocurrency in the general market, Paygine will collaborate with an international payment system to ensure that both physical and virtual cards are issued to clients and users alike. The cards will be linked to the electronic wallet and users will be able to utilize this card anywhere in the world.
● Money Transfer: Paygine will also make it possible for funds to be transferred within countries and abroad. Paygine has deemed this fit because transfer of funds with cryptocurrency is cheap thus, this service will be in high demand in the future. Paygine will, therefore, use this means to accelerate the international transfer of funds. Paygine tokens (PGC) will be used to effect these transfers.
● Other services offered by the Paygine financial platform include peer-to-peer services, deposit and withdrawal transactions, and payment processing for cryptocurrency accepting merchants.
Paygine Token
The Paygine token with the ticker PGC is the native cryptocurrency of the Paygine financial platform and will be the means of exchange on the platform and will be used for the payment of purchases made on the platform and for platform services. Holders of Paygine token may also exchange their token for other cryptocurrencies such as Bitcoin or Ether.
The PGC Initial Coin Offering (ICO) is underway and more details on PGC and the token sale exercise can be found below:
Conclusion
By creating a financial platform which will allow for the smooth purchase of goods and services with cryptocurrency, no doubt, the Paygine platform will open a whole new world for cryptocurrency.
To find out more about Paygine, use any of the following links:
WEBSITE: https://www.paygine.com
WHITEPAPER: https://ico.paygine.com/assets/helpers/files/en.pdf
ONEPAGER: https://ico.paygine.com/assets/helpers/files/onepager.pdf
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SOCIAL MEDIA
TELEGRAM: https://t.me/paygine_official
FACEBOOK: https://www.facebook.com/paygine/
TWITTER: https://twitter.com/paygine
INSTAGRAM: https://www.instagram.com/paygine_platform/
LINKEDIN: https://www.linkedin.com/company/paygine/
MEDIUM: https://medium.com/paygine
BTT: https://bitcointalk.org/index.php?topic=2916009
KINGIGOLO
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