Daily Archives: January 5, 2018

The Use Of Cryptobank As The Newest Digital Banking In The Future

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Increased demand for digital transactions encourages each bank to be integrated with digital payment services. For a payment to be easily made, it is advisable to make a payment with an account number from the same bank. When payment is made through a different bank, it will undoubtedly add transaction fee for cash. Users will inevitably have to follow the rules that apply so that transactions can be resolved.

Digital payments are increasing in number over time, of course, means that users of online platform increasingly. Complaints of high transaction payment costs arise as a volume of transactions made. Any complaint uttered by the users was finally able to encourage developers to build a digital bank for secure trade at a low cost.

Crypterium is an online banking platform that provides services like conventional banks in digital form. The team has spent five years analyzing and researching for a digital storage platform. The platform is planned to be built with the application of blockchain technology so that the system can be decentralized. The use of blockchain technology is one of the most appropriate ways to create a decentralized platform for the development of useful services in the future.

Crypterium was founded by a team of professionals who have experience in the innovative digital payment system in FinTech. It is expected that crypterium can be a digital banking solution that can provide the best service to the whole world community in making the digital transaction. The use of Cryptobank encourages cashless transactions so that future digital payment transactions will earn a high percentage. The application of previous financial revolution technology has also been applied in several platforms such as Samsung Pay and Apple Pay.

Crypterium will maximize the utilization of previously established contactless concepts to minimize the use of traditional payment cards in fiat currencies. Cryptocracy in Ctyptobank will apply the issue of the smartphone so that the devices that are owned by everyone can be used with the maximum without having to buy a new machine. Smartphone recognition is a useful step in developing a convenience in transactions. Users no longer have to carry payment cards wherever they go. Only with applications that have been installed on smartphones, then anyone can make payment anywhere.

Cryptobank development in the Cryptocurrency Era will complement the digitalization revolution as digital payments will be easier to do. Cryptobank offers a service that is easier, faster, safer, and cheaper. The decentralized system implemented by Cryptobank will be one of the hallmarks in the development of financial services in the Cryptoeconomy era. The development of the Crypterium platform as an innovation in digital banking will be an enormous and unlimited opportunity.

The development plan from Cryptobank will come to the point where all cryptocurrencies can be integrated with an accurate exchange value in Cryptobank. Not only that, but integration will also be done with fiat currency so that users can quickly make transactions anywhere because the currency value can be exchanged with all currencies both crypto and fiat. Ha will be developed as a small step to apply the cashless concept as a form of appreciation to the users in the ease of making payments. Often the development, the type of service in Crpytobank will also continue to be improved so that everyone can use one application to perform all transactions.

 

The Mobile Cryptobank To Support Contactless Payment

Cryptobank will be the first platform as a digital bank that can raise the role of conventional banks. Everyone can participate in digital transactions, deposits, and exchange of funds with a digital bank. The costs incurred also tend to be less when compared with traditional banks. Implementation of Cryptobank will be more comfortable because the application can be downloaded and installed on the smartphone. After downloading App Banking, Crypterium transaction has started can be done. You can also begin to leave your debit card because the app supports payouts for everyday activities.

Every customer who has installed an app can make transactions by paying the leading cryptocurrency as a balance. Usable Cryptocurrency standards such as BTC and ETH. Users can also purchase an ER20 standard token to fulfill the service on all POS terminals that have been installed. Near Field Communication (NFC) has also been implemented in the Crypterium Mobile Banking App so that it will support the convenience of transactions wherever you are.

Each payment POS will perform a connection reading of the NFC Host Card Emulation (HCE) protocol as a virtual data sorter in the Crypterium app. That allows the use of Cryptobank applications to be used to make payments in Crypto and fiat currency to every store and retailer. You do not have to worry about currency exchange because the money will be automatically converted depending on the currency ordered in the virtual payment. The capabilities possessed by Crypterium will be expanded by cash withdrawals at ATMs with fiat currency.

The exchange rate applied in Cryptobank may differ depending on the sale value of each currency currently in effect. So the exchange can be accurately done only with the smartphone owned by each user. The need for payment can be made with the proper use of crypto and exchange terms in the order of predetermined ratios. This convenience strongly supports every user to make payment transactions at the global level without worrying about the conversion of individual currencies that apply in a place or country because it has been done automatically by Cryptobank.

Crypterium has set up applications that can be applied to Windows phones, iOS, and Android to ensure the ease of use of everyday financial services. The method of Cryptobank allows each user to exchange and transfer funds using certain cryptocurrencies currencies such as BTC and ETH. Other services provided also relate to transactions in the field of infrastructure at outlet and trading with using international payment systems such as MasterCard and VISA.

The usefulness of Cryptobank may also be used for transactions relating to trade infrastructure and services that have been connected to the Crypterium network or have become partners of Crypterium. Wallet wall charging can also be done or can even be done through a bank account. Besides, in Cryptobank transfers can be done without any restrictions such as bank accounts that include bank cards with some limiting rules to avoid money laundering. Every Cryptobank user can also get some special offers that can be obtained through a store that belongs to Crypterium partners. As the Ease of the payment transaction, Crypterium has website to give maximum information to all users. You can visit these links to get further information:

The Use Of Crypterium Token (CRPT) In Decentralized Digital Banking Platform

The main point of any transaction done inside the Crypterium platform is the CRPT token. No service is acceptable to the user if not using CRPT as an exchange value. Each service provided will be governed by smart contracts agreed by the token holder and platform. To get CRPT tokens, you can contribute to ICO in pre-sales. In enlarging the Userbase for the fulfillment of all future user expectations, Crypterium will implement a token list on the Cryptocurrency exchange so that a comprehensive service will be achieved.

One of the most fundamental rules in the Crypterium platform is that only CRPT token holders can transact and get service from Cryptobank. Ownership of CRPT tokens can be used as fuel reserves for future transaction processing. Cryptobank has implemented transparent transactions for its users. The use of intelligent technology also encourages automated algorithms to achieve the optimal level of operations performed at all times. Any deal with banking that has been integrated with Crypterium can be done quickly and safely.

The proper use of algorithms in Cryptobank ensures that each user obtains the correct conversion value for each exchange transaction with fiat currency and crypto. The transaction fee applied can also be reduced up to 0.5% only. Crypterium has committed to transparency of all operations conducted within the ecosystem. Users can directly use the payment of transactions made through the Crypterium wallet. The use of CRPT tokens also makes it easier for customers with the integration of the NFC terminals on smartphones, so the transaction costs are minimal.

Decentralized concepts can also be applied using blockchain technology. With blockchain technology can minimize the transaction costs required to make payments. Every transaction history can also be accessed easily via Crypterium Cryptobank Mobile App application. Service development continues to provide the best for platform participants. For you to keep up with the latest technological developments from a digital bank, you can join Crypterim’s social media account as follows.

Cryptobanking is the most appropriate solution for creating digital banking. The revolution of the banking world is needed to follow the progress of online transactions whose use continues to increase. Cryptobank in the future is expected to become a platform that has diesel integration worldwide to facilitate every user in the digital transaction payment. The contactless concept also provides additional value in the application of Cryptobank so that transactions can be resolved quickly. If you are interested in contributing, immediately join ICO because tokens will only be available for purchase during ICO only.

Source: https://www.shoppica2.com/the-use-of-cryptobank-as-the-newest-digital-banking-in-the-future.html

CREDITS For The Next Decentralized Financial System

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CREDITS is one of the platforms that was developed to provide a decentralized digital financial service and enable interaction between each member and peer-to-peer (P2P) concept. CREDITS allows for an agreement in a user-defined smart contract. The ledger is also deployed in a distributed form so that the potential of this platform is great for becoming a significant financial platform. All members will be unified on a single site that allows each participant to use and offer financial services. The adoption of an innovative concept will enable each participant to interact with the network to implement a decentralized economic function.

The p2p rules in financial services are entirely used to provide services such as credit granting, funding, currency exchange, money transfers, and all other services that can be done directly. The p2p concept has eliminated intermediaries so that transactions will happen faster, cheaper, and better. The direct interaction that occurs in p2p is a revolution in the banking world. It is also the same with the revolution of information from newspapers, magazines, and television into bloggers, websites, youtube and social networking. All information has been stored in a decentralized cloud system with investment in crowdfunding. Magazines and newspapers are increasingly abandoned as well as traditional banks in the future.

Now is the time for financial platforms to keep pace with technological developments by implementing a decentralized system. Implementation of p2p direct interaction is also worth trying because if viewed technically it will be easier in its application. By applying them to appropriate technological environments, the role of decentralized systems for financial services products can be done using distributed ledgers with execution time in just seconds. With the application of distributed ledgers, it can also provide the platform with the ability to handle large amounts of transactions simultaneously at low cost for each non-cash and microtransactions.

The best service can be provided with the development of a system that enables all participants to improve the quality of decentralized financial services. The system should enable services that include user personnel, credit history bureaus, KYC, withdrawals, fiat money settlement centers, and crypto. All basic services in the banking world must be done by the digital banking platform so that its use can be a revolution that replaces the role of traditional banks. Every piece of financial services should be unified and implemented by offering cheaper fees and faster transactions. The p2p concept must be able to prove the digital financial system more desirable to users.

As a decentralized platform, CREDIT will combine every member of digital financial services so that every transaction can be done quickly and can. Ledgers will also be applied to distributed systems. The project is created with the service concept of blockchain technology so that it will implement smart contracts to reach an agreement. The interaction will be generated from any financial service participant by the principle of federal voting. CREDITS economic platform has a high potential in providing services at high speed regardless of transaction cost limitations. CREDITS will be the solution of any problems that occur in the use of conventional banks to transact in the digital age. You can get the complete information using these links:

The Use Of Ledger Network In Decentralized Digital Financial Services

In the decentralized platform, the ledger network acts as a network node capable of storing transaction data that has been confirmed by the system and then stored on all existing network nodes. The network node has the task of being the computer where all clients can connect to the system and then verify all the transactions and write transactions to the ledger. Any operation that occurs in the system will be followed up by smart contract methods and the results obtained will be stored in the blockchain system. Smart contracts are intended to facilitate the process of data verification and ensure agreement to occur by the provisions. The method is used to calculate the work as a form of responsibility and store data into the system.

The decentralized network built will use some goal-dependent node. The node will participate in the transaction verification process. That aims for validity can be achieved by having common belief factor in processing data on the next cycle in the network. Knots that have the maximum trust will be called as a trusted symbol. This node serves as a candidate of the current processing node and the common node. The network which participates in verifying and adding transactions to the ledger block is the main node. Further calculations are done depending on the number of nodes and the complexity of the network. The prevailing system uses trust factors in the form of absolute numerical values from 0 to 1.

The application of a network ledger cannot be separated from a condition called an ordinary block book. The condition occurs when all the first large blocks are synchronized across all system nodes. The contents of the ledger are a single unit of information in the form of block hash codes. Block number will be the thing checked during the synchronization process. Each node will be linked to another node to generate relevant information. The level of knowledge will be improved through information processing. Any existing information management process will be handled simultaneously. The parameters of the input will provide transaction details that will drive an operation to obtain the numerical code.

The final solution of group decision making within network nodes is by consensus. In a decentralized system, the availability of ledger will ensure that each node can write data to the ledger. Modifiability can also be done by all participating nodes in the network. All nodes will view the same version as a consistency form of all system nodes. The node will see an identical version of any ledger that has changed. The applied system also has resistance to a separation that occurs when the node cannot be operated so that it will not affect the general ledger operation.

Priority will be omitted in a decentralized network to provide identification to network nodes that perform transaction queuing processes stored on different network nodes. The transaction block will be entered upon completion of the queue process. The protocol used in CREDITS is a combined protocol that can increase transaction speed, high security, data storage, and transaction transfer processing. All protocols are based on mathematical calculations of all transactions that occur within the ledger.

The ICO of CREDITS to Gain The Contributors

 

ICO is an activity that is commonly done by the startup platform to get a contribution. The results of contributions gained during ICO will be used for platform development. The terms of the given input will usually vary from each platform. The success of ICO will determine the platform development process. The developer team has traditionally defined how much contribution can make a platform able to continue. The distribution of funds has also been planned by the developer team so that the allocation of funds can be done appropriately. CREDITS has resolved pre-ICO on December 26, 2017. The results obtained are worth 3,002,165 USD or 4,029.12 ETH. That is a great enough result for pre-ICO events. Total contributor to pre-ICO is 700 users with 1100 payment.

The ICO will begin on February 1, 2018. One of the first steps you can take to join ICO is to fill in forms for whitelist requests. Then CREDITS will store the tokens for you. The data that you will fill in the fill request form whitepaper is an email address. You must fill in a valid email address and still active. The next step is to fill in the address of your public Ethereum wallet. This public address will be the source that allows you to transfer some ETHs. Next, you will fill in the amount of ETH you will give. The minimum amount is 0.01 ETH. Finally, you agree to the terms of use ICO terms privacy policy and click continue.

Each participating contributor is required to register on the official website page of the Credits platform. The provisions imposed are to execute the first contributor who has a small payment amount. Before deciding to join, you may need to know that Credits is a utility token based on the legal opinion from the United States and Singapore. Credits have also received approval to sell token to all citizens of the world including USA, Singapore, and China so it is expected that the amount of contribution collected can be fulfilled soon. KYC will be applied to contributors who provide funds with ETH amount or more. So contributors to that amount will provide complete information such as names, addresses, and some official documents to identify contributors. If your contribution is less than 10 ETH, then you do not need to provide detailed information. You have to set up your Ethereal account. The availability of the Ehterum address is essential to join in smart contracts and participate in ICO. If you don’t have an Etherum address, then you cannot participate in ICO and will be blocked by a smart contract.

Alpha version launch schedule is expected to be faster in January 2018 before the ICO begins. It will make you faster to know how CREDITS platform in providing its services as banking in the digital age. The full release will be done within the next four months. The use of Escrow for ICO funds will be available gradually following the full version of Alpha. Founder tokens will not be available within a year. The fair amount is also applied in determining the Cap that is amount 15 M USD.

The new generation of blockchains with extraordinary capabilities will be launched to give people the benefit. CREDIT has been built to replace old technology with several new approaches offered such as registry development, consensus, processing, data transmission, and preservation. The latest technology will implement low transaction costs for platform expansion. The whole world will know CREDITS crypto technology by realizing a decentralized system. The development of MVP and Alpha will be resolved and have received positive feedback. Besides, the demand from the users comes more significant as well as from the experts who will implement the CREDITS platform. Therefore, your contribution is crucial to realize a platform that can be the latest solution and innovation of decentralized systems. To know about the development, you may join the social media of CREDITS platform below: