Introduction
Hello, this time I will
explain about the PayFrequent project, a publisher that publishes cryptographic
tokens issued by PayFrequent itself. the project was established in the
republic of seychelles under the International Business Corporation. With built
on Tomochain network in accordance with TRC21 standards for tokens. You need to
know PayFrequent is a stable value coin that combines credit worthiness and
price stability of the Fiat currency with the advantages of digital currency
technology. As a token in accordance with TRC21, the PayFrequent Token can be
transferred on the Tomochain network. There are many stable coins in the
cryptocurrency market but it is still not accessible for everyone. The main
reason for that is that almost all stable coins depend on a third-party
original coin for their costs and users can only spend it if their original
coin is available in their wallet. Blockchain is still under the early age of
the financial industry and we need to do so introducing products that must be
fully independent and not depend on any third party coins to spend or send to
anyone. What is needed is a stable coin that functions without dependence on
third-party coins for costs and can be spent & can be accessed by everyone
with their own tokens. We believe that with Stablecoin issued by PayFrequent
can be accessed by everyone without reliance on third-party coins with the
technological superiority of TOMOZ TRC21, the token standard of the tomochain
blockchain network that users set to pay their fees in token currency.
Why PayFrequent?
All PayFrequent wallet
users must complete their KYC before using fiat transitions. A user can use
PayFrequent stable without KYC if they do not want to use fiat services on
their PayFrequent wallet. PayFrequent Stable Coins can only be issued by
PayFrequent Limited or Banker / Financial companies that sign an NDA with
PayFrequent Limited to issue and distribute PayFrequent stable. All issuers
need to deposit a security deposit in the same Fiat currency as they want to
issue stablecoin. The limit will be given by an equivalent amount of security.
The issuer must delete their settlement for all coins issued on the following
day otherwise they will be debited from their security deposit.
PayFrequent Stablecoin
can be redeemed 24x7 by depositing it into a PayFrequent wallet and turning it
into another asset or sending it to another user or transferring it to fiat.
All transfers will be done instantly unless the fiat transfer request will be
received automatically and sent to the user's chosen bank account within 1-3
business days depending on the user's bank country. Cold storage PayFrequent
Wallet, 95% of funds are stored in cold storage and cannot be accessed from the
internet. Google 2 authorization factors All users need to set their 2
authorization factors before any transition. If 2 factors are not set in their
account then no transaction will be allowed by the system. Bind the account to
an IP Address * Users can activate the whitelist system from their profile page
where they bind their account to the selected IP address. All logins from other
IP addresses are rejected and only the selected IP address can access their
account. Instant Telegram Notification users can link their telegram accounts
from their profile page and receive instant notifications for all transactions.
PayFrequent works with
third-party, independent, trusted, national public accountant firms for monthly
reviews and proves that the tokens issued by PayFrequent are fully guaranteed
1: 1 in their original currencies. We can change the monthly review to a weekly
/ daily review when our transaction volume changes to 10 million USD every day
or a market cap of 50 million USD. PayFrequent Wallet works closely with their
sister company PayFQ Payments Limited to integrate and launch PayFQ network
card cards. The PayFQ network card is the first blockchain network card
specifically designed for cryptocurrency. You can use it the same as other
cards. You can use it to make withdrawals from ATMs or make movie ticket
reservations too. PayFQ Card integration is being tested and will be aired in
the first week of May. Each user / company can register as a merchant and
receive crypto currency payments directly in their PayFrequent wallet or
Traders can choose to settle fiat directly every day in their bank account. For
more details on PayFQ / Merchant cards, please check their whitepaper or visit
their website. PayFQ services are in the testing phase and must be aired in the
first week of May.
Advantages
PayFrequent Standard is
designed to take advantage of new innovation blockchain technology to improve
the function of money. Stable coins issued by PayFrequent can always be read at
face value. They can transfer to any account or exchange to fiat at any time.
Stablecoin PayFrequent transaction speeds are faster than other stablecoin.
Thanks to the Tomochain network for their 2 second block time. All transactions
are completed instantly at the lowest fee. For example, check the comparison
table. PayFrequent Stablecoin does not depend on any third party coin for their
costs. All you need is a wallet that is compatible with ethereum and sends it
to anyone without holding another token. All costs are paid with the token
itself. PayFrequent converts cash into digital currency, to anchor the value
with national prices of currencies such as US Dollars, Euros and Offshore
Indian Rupees.
Coin PayFrequent is
designed to let currencies move globally from your crypto wallet to other
exchanges, businesses and other users. PayFrequent is available 24/7 to
facilitate settlement of all types of assets including cryptos, security tokens
and assets or for payments. Unlike Fiat, which is only available to complete
trading during bank business hours, PayFrequent can move anywhere, anytime.
PayFrequent Wallet is a fully managed wallet with 24x7 access to withdraw, send
or exchange to other crypto currencies. PayFrequent Wallet allows users to
withdraw their deposit at any time or send it to anyone even if they are not
registered on our website. A user can send a PayFrequent stable to a Tomochain
address (same as the ethereum network), to the user's mobile number, to there
an email id, to a user ID or to a wallet id.
Info Detail :
My Bitcointalk
Link : https://bitcointalk.org/index.php?action=profile;u=1305012
My ETH
Address : 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d
Telegram
Username : @robiawal
My email :
arlonkcorp@gmail.com
#Payfrequent
#Digital_currency #btc #eth #euro
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