Focus of the Problem
The biggest problem with conventional
payment systems is the amount of money that has to be sent and the high
transfer fees make people unwilling to send and receive money. Traditional
money transfer methods are usually expensive, if you send $ 100 to someone in
the US, how much do you think they will receive? Unpredictable. Traditional
methods involving several companies and banks provide very slow service,
because there are middlemen in the Time process. In addition, companies and
bank transfers rarely offer 24/7 service, and also many organizations do not
offer a high level of privacy and security. Conventional technology,
organizational structure, and rules and regulations can also hinder user
experience because if they lack minimal experience it will also have an impact.
Despite the disadvantages of traditional methods of transporting money, there
are still many individuals and businesses moving money this way with the belief
there is no better alternative.
Introduction to the Project and Some
of the solutions provided
I will provide information on a platform
called DEXA COIN, where later this platform will simplify the way to send and
receive money around the world by utilizing the power of blockchain technology.
Because later this platform will have an application that is designed to be
easy to use, and secure in transactions. By creating a system that allows users
to make easy and cost-effective money transfers anywhere in the world at a very
low cost. At a later stage in the project, Dexa Coin plans to grow its global
reach into new markets by implementing branded prepaid cards that can benefit
those without bank accounts. Users will be able to apply for this card which
can be used in many cities around the world for shopping, payment and
withdrawal. Dexa Coin will eliminate intermediaries and all other problems that
come with conventional methods of sending money and transferring money. Here
there are only two players in the transaction and offer complete transparency.
The main purpose of Dexa Coin is to make
the process of sending and receiving money faster safer and with easy
accessibility to anyone who can operate a smartphone device. This is done by
harnessing the power of blockchain technology that will help facilitate
Remittance & Money Exchange like never before. By eliminating
intermediaries, we will simplify the process of sending and receiving money.
This platform also offers easy-to-follow instructions that will allow anyone
with a basic understanding of smartphones to transfer money at low cost and
without complications. The APP will also include an Instant Message Feature
that not only allows users to communicate with people they send money too, but
also to socialize with friends & family.
What are the advantages ??
Because this platform has made
applications designed to provide comfort to its users. then interesting
features will be provided including:
1.
One Phone Number automatically gets the Dexa Token address
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This
application will be linked to your mobile number which will be verified via
SMS notification. After the number is verified, a unique blockchain address
will be created that will be linked to the verified number. The blockchain
address can be used to load you application directly with DEXA Tokens. DEXA
COIN is a utility token and service fee that we charge for money transfer
deducted from your Dexa Wallet - a place in the application where your token
will be stored.
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2.
Instant Message Feature
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The
instant messaging feature allows users to communicate with insiders your
ecosystem can make contact by adding their verified number. The application
will only allow users to add and share verified contacts. One great aspect of
this feature is that it will act as an all-in-one notification system.
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3.
Link the Application to Your Bank Account
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Before
the user links the application to their bank account, there will be a
one-time verification and the user must send some information to KYC. Linking
the application to a bank account will allow users to connect the application
to their payment card. For example: Mastercard / Visa or transfer money from
the application to their bank account and vice versa. After verification and
compliance is successful, users can then load and deposit funds into their account
and use the funds to transfer money to contacts in the ecosystem.
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4.
Send and Receive Money
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this
feature becomes intuitive to make it easier for each user to understand how
it works. Users will be able to see their account balance in the application
and the amount we charge for money transfers, service fees. For example, if
the service fee to transfer $ 150 to Eric Smith is $ 1, then a $ 1 DEXA token
will be deducted from your Dexa Wallet to make the transaction. Users simply
select a contact, choose the amount they want to send and make a transfer.
The recipient application will be notified of the arrival of the money
transfer via an instant message notification system. Users will be notified
of the payment they receive from various contacts. Users will also receive
notifications in the instant messenger application. The details will include
how much money was received and from which contacts.
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5.
Instant Payments
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You
will be able to use your account balance to make instant payments. If you
want to pay for coffee, simply choose between the Pay Via NFC or Pay Via QR
CODE options and make a payment.
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Join in token sales (IEO)
Because this Blockchain-based project will
certainly have its own token in making transactions. The name of this token is
DEXA. The following details the Token:
The first Token Sales will be conducted at
the Probit Exchnage, and it has been started since 4 September. The following
is the breakdown period of the sale of the token:
Conclusion
DEXA COIN is a platform that will simplify
the way to send and receive money worldwide by utilizing the power of
blockchain technology. The main purpose of Dexa Coin is to make the process of
sending and receiving money faster safer and with easy accessibility to anyone
who can operate a smartphone device. This is done by harnessing the power of
blockchain technology that will help facilitate Remittance & Money Exchange
like never before. By eliminating intermediaries, we will simplify the process
of sending and receiving money. The platform also offers easy-to-follow instructions
that will allow anyone with a basic understanding of smartphones to transfer
money at low cost and without complications.
Twitter
: https://twitter.com/DEXA_COIN
By
My Bitcointalk Link
: https://bitcointalk.org/index.php?action=profile;u=1305012
My ETH Address
: 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d
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