TOKOIN – the Number One Indonesian Blockchain Project that Differs Than Any Others

Sep 20 2019

TOKOIN – the Number One Indonesian Blockchain Project that Differs Than Any Others

The involvement of technology plays a very big role in many aspects of our life. Even in business, it brings about efficient process that could benefit many users. If it is about online business, blockchain technology is specifically one they need to facilitate information distribution. TOKOIN as presented in https://www.tokoin.io/ is the best choice you can take for it. Of course, there are several reasons that make it the number one recommended platform to consider. For that, we would like to explain those reasons further in this opportunity so you can get better understanding of this platform here.

After all, the distributed information on the blockchain is that of valuable asset one needs to know of when running online business. The blockchain will be the very system that secures that very data information for you. Now that you know what the role of blockchain platform is, you do learn that it is necessary for us to use it, right? Choosing the best will be your priority next. That is why we have TOKOIN Platform introduced to you here. It s not considered the number one Indonesian blockchain project for nothing. So, you better learn what you can learn from the discussion we will make below.

What Do You Know About TOKOIN Platform?

Before we talk about the reasons to choose this platform though, it is best for us to know a bit of this platform first, right? It is not the same blockchain platforms you can find every day out there. This particular one called TOKOIN Platform is one that has digital business identity and MSME reputation established as acceptable credibility scoring. Suppliers and financial institutions are the main target audiences of such purpose here. By definition, this is what TOKOIN Platform is all about. It makes valuable partnership with such kind of ability.

Why, of course, such credibility scoring is what contributes to bringing engaging ecosystem for you. It will be one consisting of multiple business profiles. Of course, they are meant to be profitable for business expansion. Once you have faced the real market, you will eventually come to conclusion that there is a need to build valuable partnership with the best blockchain platform. Only the best could promise to bring you into an engaging ecosystem. That’s the very thing that TOKOIN Plarform can assure you with. Thus, it is only right for you to take it into consideration for chosen platform.

With what the platform can do for you, this platform will serve as highway of data distribution for the trading ecosystem. There are lots of benefits you can gain from this implementation. Those benefits do make this platform superior than any others, so much that it is even regarded as the number one Indonesian blockchain project to consider. It knows how much important it is to take care of data information. Even business transaction alone consists of a set of data involving participants, buyers and sellers, orders, payment method, discount, and payment invoices as well.

All of those data must be centrally stored within marketplace’s platform. Then, it will have to be adapted in blockchain-based one. Cryptography will be used here to record the data before it is stored in blocks. Surely, you can’t manage all of this on your own, right? It might be too complicated for some people too. Let this blockchain platform takes care of it for you then. TOKOIN Platform can do that much to help you manage your transaction in the marketplace. Unlike blockchain platform of any others, it is worthy enough to count on.

Why Is TOKOIN Platform the Best Option?

With the business moving into online world, many people are competing to make the best platform with the best blockchain technology to offer. As a result, there are many of them you can find out there. Finding the best one of all would be a pretty daunting task to do. They are all well made and sell good, but still they are different from each other. There must be the best one of all, of course. From all available choices of blockchain platform today, we confidently say that TOKOIN Platform is the best we can recommend to all of you.

More or less you get the picture of what this platform is all about from its definition, right? However, it won’t be enough to tell what this platform is capable of exactly. For that, we need to know what makes this platform the best choice to choose. They make the reasons of this platform being the number one in Indonesia too. Let’s get down to it and see what those reasons are, so you have clear insight of this platform’s capability here. Give every one of them attention and consideration for the benefit of the online business you do run.

  • Secured Ecosystem of Blockchain

First things first, trading ecosystem must be a secured one to ensure credible scoring. Since data information is that of valuable asset to begin with, it becomes a must for us to prepare secured environment for its distribution on blockchain. There is no need to worry. TOKOIN Platform is not a highway of data distribution for nothing. The platform has all transactions recorded in. With that, the participants are guaranteed fine ecosystem for trading. The participants are not even limited to some parties only. More are involved here.

Of course, this platform does exactly cover everyone involved within, not just the one who runs the business only. Also, TOKOIN Tokens are there as the means for transaction at the exchange. They serve as good signs for credibility scoring. Secured ecosystem is sure to be guaranteed here. Thus, it makes the first reason and benefit you can gain from it. Note this down and make this your first important consideration of this platform. Compared to the others, you can well take its guarantee seriously. It is credible enough to earn your trust and worthy enough to rely on for your own benefit.

  • Advantages for Every Participant

As it was hinted before, all participants involved here will benefit from this platform here. They are guaranteed secure ecosystem, indeed. But, it is not the extent of benefit we can gain from this platform. If we have to break things down, there are many people involved in this kind of businesses here. However, we would say there are two main ones we would like to take as example this time. Users particularly, will get access to both business expansion and funding opportunities. That’s the things you expect to get from this, right?

Nothing would be more profitable for users than having the chance to expand their business. With chance to get more funds as well, they are set to succeed in online trading. Just like there are users, there must be partners involved too. As for their share, this platform does give relevant data to the partners. Don’t take such benefit lightly though. When it comes to data distribution in the network, not all of them are relevant enough to be presented. Fortunately, it won’t be the case here. After all, relevancy is that of crucial matters when it comes to data information. This platform knows it well.

  • Permanent Record of All Things

Trading ecosystem won’t be secured without proper record of all the information and transactions. That’s not what you call secure otherwise. For that reason, this blockchain platform has been made capable of recording everything necessary permanently. With permanent record like this, nothing can be altered and everything will be kept as it is. That’s what makes it secure. As expected from the number one Indonesian blockchain project, it won’t be wrong for you to entrust everything to this platform here and benefit from this one.

There is more to it in secure ecosystem than what meets the eye, indeed. You can’t expect the same from other platforms that are less secure than this. If the ecosystem they offer is not that safe, it means that the information and transactions are not permanently and properly recorded. Can you entrust your data to such platform then? Rather than worrying over it, it would be a lot safer for us to use the best blockchain platform in the first place. TOKOIN Platform can promise you that. We guarantee that it will satisfy you by meeting your needs. There are still more to gain from this too.

  • Perfect Accuracy of the Records

Relevancy is important for data information and transactions without doubt. However, need to be known that it is not the only important aspect you need to make sure of. Another aspect to put your attention to is its accuracy. Being relevant is not enough to ensure that the data is highly accurate. Fortunately, you can really leave everything to this platform. It guarantees even the accuracy of the data information and transactions in the marketplace. Of course, there is proof of them being accurate and you can make sure of that.

It is because all the transactions recorded by the platform are traceable and immutable. As it was said before, the data can’t be changed. It is mainly what makes sure of its accuracy. Also, with it being unchangeable like that, you can easily trace it as needed. It won’t complicate things and get the data you need faster than you think. See? Even the accuracy itself can benefit you more if we go into details like this. So, don’t take this lightly for less accurate data can make difference with the highly accurate one. It is data we are talking about here. It should be correct and specific at most.

  • Decentralized Storage for Data

TOKOIN Platform won’t operate aimlessly, of course. Infrastructure is very much necessary in this field of businesses. As you can guess, this platform will operate as one. However, even not all infrastructures would fit enough for the needs here. It has to be one that stores data information in decentralized manner. This is the best manner that many platforms apply on their blockchain technology. Compared to the centralized one, this approach is more beneficial for all of its users. The benefits vary by much for you to know.

It can relieve the burden of business operations, make proper preparation for emergencies, allow for more efficient decision making, and even facilitate expansion. It is not something you can expect from infrastructure that stores data in centralized manner. Such approach is not capable enough to benefit you that much. So, note this fact in your mind too. If you can gain as much benefit as possible from blockchain platform of your choice, why do you doubt of using it then? TOKOIN Platform will do that much for you all and that’s also what proves it the best than the rest of its kind.

Conclusion

We have reached the end of this article now. From the long discussion above, surely you can draw some conclusion about this blockchain platform here. TOKOIN Platform is sure to make the best candidate to building valuable partnership in this line of businesses here. It works to establish acceptable credibility scoring and bring you engaging ecosystem that would be beneficial for business expansion. For more specific benefits of the platform, you can see them from the reasons of it being the best blockchain platform.

Those reasons include it guaranteeing secure ecosystem, benefiting all participants involved, permanently recording all information and transactions, making sure of its accuracy, and operating in decentralized manner. TOKOIN Platform is sure to bring ecommerce to the next level as explained in whitepaper with such benefits to offer. Read through this white paper if you want to learn about it further. You are sure to find more details in it that contributes to it being the number one Indonesian blockchain project that differs it than any others. It is worth considering and it might even help us earn more profit for sure.

Ann Thread: https://bitcointalk.org/index.php?topic=5164061.0

Website: https://www.tokoin.io/

White Paper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82

 

Social Media:

https://twitter.com/TokoinGlobal

https://www.facebook.com/TokoinGlobal/

https://medium.com/@tokoin

By • Blockchain Technology • 14 • Tags: , , , , , , , , , , , , , , , , , , ,

Blockchain System Application on HAWK Digital Platform

Oct 16 2019

Blockchain System Application on HAWK Digital Platform

The business develops rapidly along with technology and the development of artificial intelligence. The blockchain system is a system that is currently often applied in various digital platforms. One of them is HAWK, a high-tech infrastructure supplier company that uses a blockchain system.

The use of technology combined with artificial intelligence is now one of the top priorities in various fields of life. Almost all types of infrastructure that develops using the concept of artificial intelligence with a broad base of telecommunications networks. Since the development of the internet with various kinds of network speed categories, communication, and multiple types of business activities carried out more quickly.

A wide-open network with easy access to reach is a necessity and a significant factor in the occurrence of a good business regardless of the scale of capacity. Communication and networking as a basis for forming a good company are also the first ladders of the occurrence of structured and dynamic economies of scale.

From the various developments in data transfer and technology that occur, it makes continuous innovations and always combines several contradictory things. HAWK is a platform developed from several creative people, using the Blockchain technology base as a supplier and distributor of hardware intelligence with the IoT system.

The mechanism and blockchain system has developed in recent years since its emergence in the digital money market. Bitcoin is one of the cryptocurrencies resulting from the development of a person with the identity of Satoshi Nakamoto, whose identity is not clear until now. But the impact of this bitcoin publication resulted in continuous innovations from various other types of cryptocurrency.

The blockchain system was developed and applied in various types of digital platforms. It makes it possible to build a more comprehensive network and tighter security because this blockchain system makes every user’s privacy more secure because it uses a complicated coding system.

As a result, not everyone can get into this work or better known as “mining.” This term was developed by people who are active based on the Blockchain system. Every time a combination of code and numbers to create a new network, “miners” will get a coin that can transfer as a medium for asset transactions or tokens.

Initially, this system only used as a complement in the economic and banking fields. But along with the development and innovation of technology based on artificial intelligence, this blockchain performance system can be used in various areas and applied on several other platforms.

Various platforms of several different service providers have started using the blockchain system to run their business. By using the system, the platform will get a more comprehensive network with better quality participants. Because sometimes a broad network is identic with participants who are too random with a quality capacity that is not credible.

By using this kind of network base, it is possible for a business to grow because this blockchain used as a medium that brings investors and crowdfunding organizers together. There are two well-known systems in terms of crowdfunding that held on a cryptocurrency basis, namely ICO and IEO. ICO is an Initial Coin Offering that allows many people from various backgrounds to be active participants either as investors or as crowdfunding organizers to run a company or startup platform.

Then there is the IEO, namely the Initial Exchange Offering, which is the latest innovation of the ICO system. With the same method but has more strict conditions & conditions than the ICO because to participate in the IEO event, participants must go through several stages and create accounts from several companies that provide asset exchange services tokens that are legal and legally valid.

HAWK as a platform for the incubation results of U.B. GROUP, which domiciled in Canada with the intervention of Klaytn from Korea. Clayton here acts as a blockchain model that is produced and developed by Korean cocoa companies. Both of these companies are known as companies that are very optimistic and have high credibility in their fields.

U.B.GROUP combines as a provider of infrastructure and high technology services based on the Internet of Things. Also, the role of Cocoa as a crowdfunding system and mechanism that maintains the Blockchain network. It is making HAWK as a whole able to compete with various platforms providing technology infrastructure and other artificial intelligence.

Many similar industries developed with the same system. HAWK tries to solidify its development with serious research from 2018 involving various experts from several countries. Although this project is relatively short in terms of study and research in network development, structurally, and the quality of its output is sufficient to compete in the crypto market.

In addition to significant influences in the field of online networking, HAWK has a side project that is quite innovative, namely the mass production of BHK or Black Hawk Knight. BHK is a scooter that produced with high intelligence and technology applications supplied from U.B. GROUP. With the capacity and base of short distance, transportation, BHK is quite impressive as a visual image of the platform.

As the first Dapp prototype, HAWK scooter that uses the IoT technology base plan for mass distribution in more than 50 countries with the hope of optimizing the effectiveness of the use of technology in its application directly. Therefore, besides focusing on the supply and distribution of sophisticated infrastructure, HAWK also tries to produce their goods that they can market directly.

From the various features provided by HAWK, it has even made more aware of multiple companies and startup platforms to apply the Blockchain system to optimize company performance. Because with digital civilization like today, it must be balanced with digital-based work systems so that the efficiency and effectiveness of time are maintained.

The Factor That Makes The Platform Must Implement The Blockchain System

Besides HAWK as a platform that successfully developed its production system using the blockchain mechanism. Here are factors that make a platform or startup company need a blockchain application on its business mechanism.

  1. Blockchain will grow 85% in compound growth rate. This number has statistically and analytically measured by crowdfunding organizers and token asset exchange companies such as Korea’s Cocoa. And the data has been estimated calculatingly until 2024.
  2. Currently, more than 50% of large companies that are legally registered apply the blockchain system in their business and crowdfunding mechanisms. The network created from the development of the blockchain system is indeed the most effective as a credible medium that brings investors and crowdfunding organizers together.
  3. It estimates that it will grow to over 300 blockchain service providers with various features provided until 2024. Therefore, platforms and startups that do not utilize the system will only lose market and customer and quality relationships.

From the various facilities and networks offered by this blockchain system, it will make all forms of innovation in infrastructure and high technology increasingly develop. Moreover, the use of the Internet of Things system has begun to apply in HAWK’s work priorities. The system allows operating particular objects using only instructions from a smartphone that uses an internet base. Some experts say that the IoT system is the third generation and innovation after the development of computers as devices and the internet as a networking system.

Then came the system and mechanism of the Internet of Things, which has applied quite A lot in some everyday technology that is not yet realized by the layman. Some smartphones now equipped with an artificial intelligence system that connected to several electronic products that already use the Internet of Things system. A simple example is the operation of several electronic products that can operate via smartphones, such as smart T.V.s and other electronic products.

In the end, all forms of systems and operations of human activities are now dominated by goods and products that use artificial intelligence systems that make humans minimize their mobility. Many pros and cons because humans have the nature to keep moving. If those things continue to develop, humans will lose their superiority under computer control.

Out of these worries, HAWK, which is trying to innovate and mediate some of these problems, is mass-producing short-range transportation products that enable humans to keep moving. This case was created with high efficiency but did not reduce the essence of humans to keep moving as they should.

Affiliating with various types of digital platforms from different bases allows HAWK to develop into a competent distributor and supplier of high-tech hardware. With a variety of track records that are owned and affiliated by HAWK, the name increasingly highlighted by the media.

Some companies and startups affiliated with HAWK include Cocoa Talk, Grab, Ground X, up to several subsidiaries of the Alibaba group that are known to have high credibility such as Alipay. From some sectors, this company makes Asia a more focused base for production. And the development of some of its infrastructure.

With the development of this company also makes exploration of the economy and technology in the Asian circle increasingly shot. This case is comparable to the higher consumptive power of the majority of people living in Asia. High buying and selling power will also increase the variety of offerings and the need for high technology in various fields of daily life.

Link:

Website: https://hawk.cool/

ANN Thread: https://bitcointalk.org/index.php?topic=5175545

White Paper: https://hawk.cool/HAWK%20WP-EN0622.pdf

Social Media:

https://twitter.com/hawk_HKC/

https://www.facebook.com/hawk.hkc/

https://medium.com/@heiyingqishihawk

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

By • Blockchain Technology • 1 • Tags: , , , , , , , , ,

XCARD Crypto Currency Wallet and What Makes It Worthy of Your Choice

Oct 8 2019

XCARD Crypto Currency Wallet and What Makes It Worthy of Your Choice

Crypto currency is the new means people are currently adapting in the online market. Still, there are many issues that need to be dealt with regarding this currency. It is yet to be perfect and demands solutions. Thus, XCARD comes as an option for the choice. It is considered to be all in one wallet and convenient crypto credit card as you can find out in https://twitter.com/xcardbymobilum. There are several major problems that it aims to solve and can eventually take care of. So, why wouldn’t it be the number one for your choice then?

Those problems are not easy kind to begin with. Being able to deal with them is quite a feat to get from one crypto wallet. Well, of course, there are actually some clear reasons why you should pick this. It is better to look for the best like this in the first place rather than just using whatever crypto wallet you can find. You can then be sure of the result yourself. So, let’s have this very crypto wallet discussed in this opportunity. Then, you decide whether or not it is up to your choice. Let’s see here.

What to Know of XCARD Crypto Wallet

Before we talk about the reasons to choose this XCARD, let’s spare a little time to talk more about the reason behind the making of this crypto wallet first than anything. You can tell how much it is worth choosing because of its capability. Of course, this crypto wallet is presented after it is made sure to be able to solve the problems. If you think of it carefully, the solutions it offers can make the reasons to choose it. You can see how the crypto wallet deals with them and works perfectly for you. It has the best offer don’t you think?

What can you ask more then? It is the kind of crypto wallets that is different than any others after all. Crypto currency might have been a great way to both receive and send money. However, things have not been easy for people to actually pay with it. That’s where this crypto wallet comes in. What use of having lots of cryptos without having the opportunities to spend them then? Unfortunately, it is not even the only problem these days. You actually have to deal with long statement intervals too when it isn’t supposed to be like that.

You shouldn’t take the risk to affect crypto currency economy negatively. Also, people are worried about high volatility and exchange rate risk. Not to mention, they have to deal with the risk of fund freezing too. Even high inflation in FIAT currencies is quite a worry as well. These problems affect everything involved greatly and pointing them out to solve alone is good enough already. XCARD crypto wallet sure is aware of what’s most important to concern about. You can expect no less from this number one crypto wallet to pick.

Why Pick XCARD Crypto Digital Wallet

Now that you have known the reasons behind the making of this digital wallet, it is the time for us to learn about the reasons why we need to choose this XCARD here. There are many of them actually, but let’s just focus on the most important ones. They should give us enough insight about this crypto wallet here. With it being the number one crypto wallet, don’t you think it is worth knowing? It should have strong reasons to offer. Now, let’s just get down to it in this very opportunity below, so you get clear idea about XCARD here.

  • Safe and Instant Use of Crypto

First than anything, we can’t argue that the safe use of crypto currency and even FIAT asset is that of big concern in the network. Despite being reliable, network environment is prone to some dangers too. Since crypto and other currency of the kind acts as your money in the online world, it will be all the more reason for you to pay extra attention to it. Fortunately, XCARD wallet works as good as what people would expect from it. Its credit card by VISA allows for such use of the currencies for us. It is that promising of digital wallet to use.

If it is with XCARD, you can expect super safe use even. Not to mention, you will get to spend your crypto and assets instantly. You can do the spending at POS, of course. However, it wouldn’t be impossible to be used in e-commerce too. You may even expect the same for cash withdrawals in ATM as well. In response to the problem, XCARD has this solution to offer. It is sure to open more opportunities to pay with crypto for variety of transaction. You can expect no less from XCARD here.

  • Easy Use Without Requirement

All developed digital wallets might aim to offer secured transaction, but there are some of them that can be pretty hard to deal with, demanding requirement even in particular occasion. Fortunately, XCARD is nothing like that at all. Just by signing up to this digital wallet, the virtual card can instantly be available for new users. If you are new to this new means of transaction, you won’t have to bear with long procedure just to get virtual card to use. It is a waste of your time otherwise. We sign up because we need it quick. Isn’t that right?

Who would want to wait forever then? What’s more? This card won’t inconvenient you at all with its terms and conditions. It is not even available for use for particular currency only. After all, XCARD wallet aims for multicurrency use of global scale. There is not even requirement for doing the top up in advance. With all of them to offer, it is only right to see this crypto wallet as the easy to use kind. Considering this offer to make your choice is the best you can decide for your crypto transactions.

  • Simple Onboarding Process to Get

XCARD crypto wallet is also designed with the idea of allowing people to buy crypto currencies easily in mind. First things first though, rather than opening bank account, you should consider choosing XCARD onboarding process instead. Don’t be overwhelmed by how it sounds just because you are not yet familiar with it. In fact, this onboarding process is actually easier than what you might really imagine. You don’t have to go through way too many steps in the procedure that usually take a long time to finish. It can be as quick as you wish.

With easy process like this, it becomes possible for you to buy crypto as simple as buying something to drink. Not to mention, you can trade instantly once you are on board. What do you expect more from it? You get everything you can ask for here. That makes another reason to choose this crypto wallet here. Every second counts for today. It is best not to waste much time going through a long procedure to get what you need. Give XCARD a go and you can see if it is worthy of the choice here.

  • Transaction with the Best Efficiency

XCARD knows all too well not to waste much time. After all, it aims to make all transactions to be at their most efficient state at all times. That is why it improves its execution rate as best as possible. For that, this crypto wallet has the data and liquidity aggregated from all sorts of sources. They can be ones coming from the exchanges, the brokers, or the pools. You won’t find it limited only to some sources only for data and liquidity might come from different sources to each other. You can’t even be certain of where they might come from.

Thus, it becomes necessary to cover all the sources instead. Also, you’ve got to know that the XCARD wallet has this side chain functionality to make sure the efficiency of the transactions. Only then, you can experience what’s best in every transaction. This is what doing the best in execution can offer benefit for you. Time is precious for us. If we can do what’s best in quite short time, why wouldn’t we make the effort to do so then? With the help XCARD, everything could very well be possible here.

  • Compatibility to Cryptos and FIATs

There are many crypto currencies and FIATs to use in online trading. By considering that, XCARD’s compatibility shouldn’t be that bad for conversion needs. Otherwise it can’t be done at all. Thus, this crypto wallet has been made possible to have the ability to trade with more than 200 cryptos there are. With it covering that much crypto, conversing FIAT to crypto and crypto to FIAT is as easy as you can expect it to be. Not to mention, it can be done in direct and instant manner. It saves much of your time for sure. It won’t take too long.

It is possible to get everything done quickly and immediately uses the very currency to start trading. XCARD will also allow you to use any payment card when you find the need to either buy or spend crypto anywhere and anytime you want. Not to mention, you can even make the payments or do withdrawals through any available ATM worldwide. Talking about convenience, this crypto wallet is worthy of such quality to boast. You don’t need to go to the bank to take care of all things anymore.

  • Availability for All Later Payments

Remember that XCARD is not just digital wallet to use cryptos. It also serves as the most convenient crypto credit card. As you might have guessed, you will then be able to buy now pay later if you want. You don’t always have to pay right at the time when every purchase is made. This is the best option crypto user can choose in the time of needs. There are times where you don’t have money ready when there are particular goods available for sale. Such goods might not be sold so often that you find it quite urgent to buy it right away.

Rather than losing the product you have set your eyes on, it is best to us your XCARD credit card. You just need to take care of the payment later and you can feel relieved that the product is in your hand already. Credit card might not be that good for your financial management if you use it all the time for it is only wise to use it at rather dire time. With only little payments to make, you should be able to manage them and don’t have to worry of leaving debts for the chosen products you did purchase.

Conclusion

That’s all the reasons you need to know about this crypto wallet here. From the discussion above, you should have been able to tell how worth XCARD is to make your choice. It promises you safe and instant transaction. It is simply easy to deal with since there is no requirement to be made for its usage. With it being quick in its work, you can see how it makes all transactions as efficient as they can be. The process you need to go through isn’t as time-consuming as you did in the bank normally.

XCARD is the best when it comes to crypto exchange indeed and you might as well visit its social media at http://www.facebook.com/mobilumcom/ to learn more of it. We guarantee that you won’t regret making XCARD as your best choice. Not all digital wallets can be so reasonable to choose like this. After all, you get all the good reasons to settle with it. It is well designed and featured to be capable of solving the existing problems. With solutions to offer, you can be sure that your trading activity will run smooth and succeed you in.

Website: http://xcard.io/
White Paper: http://xcard.io/static/XCard-Whitepaper-21082019.pdf

Social Media:
https://twitter.com/xcardbymobilum
http://www.facebook.com/mobilumcom/
https://medium.com/mobilumcom

By • Blockchain Technology • 1 • Tags: , , , , , , , , , , , ,

Between Easy Feedback Token and Electronic Money According To Indonesian Laws

Sep 28 2019

Between Easy Feedback Token and Electronic Money According To Indonesian Laws

During globalization in the economic sector, there is third party effectiveness between companies and consumers. Present to provide easy feedback token, or gifts to consumers.

Easy feedback platform is a new entity in the world of the Indonesian economy, which was born in mid-2015, the presence of this feature in the world of economics is considered very appropriate and effective. Through these features, consumers can contribute to making the system of a company better. This feedback is the mediator between the two consumers and the company. The role of Easy Feedback here accommodates various complaints so that it is better targeted to the company and more effective and intimate. Communication established between consumers and producers. And give a reward called Easy Feedback Token, but the Easy Feedback feature itself uses a single container called Blockchain.

(source: merdeka.com)

Blockchain as a place to record digital transactions that use cryptocurrency, but its role is different from Bitcoin. Consumers who have provided excellent and constructive feedback for the company will get a reward. Also, it can be an exchange rate for other purposes, keep in mind this is not using the official Indonesian currency, the rupiah.

Some advantages can be obtained by consumers to get these benefits in the world of transactions on easy feedback, such as:

  • Get a bonus for purchasing 20-40% by using the token in the easy feedback online store, depending on the stage they (consumers) bought.
  • Get official legal advice on using the EFT token.
  • Entitled to get authentic items of a product in the transaction, but if nothing catches him. The token holder can replace it with checks.

Easy Feedback has invested $ 730,000 in capital to finance product development and commercialization. Since then, more than 200,000. Feedback messages have sent to more than 9,500 companies in 40 countries and their countries. The primary purpose of the Easy Feedback token that is now being a launch to utilize blockchain technology improve services. That has provided and expand the benefits of the tool, and it means profit both companies and customers

Bearing in mind that other countries have legal arrangements related to exchange tools or can be called electronic money generated from rewards for using this Easyfeedback. There are several issues related to electronic money in its existence in Indonesia concerning Blockchain and Bitcoin.

Bitcoin and Blockchain, these two new terms in Indonesia, that between the two terms are entirely different. Blockchain works as a container of transactions that are cheap, fast, and easy to use. Bitcoin is like a commodity that is a necessity and its price from time to time will significantly change and caused Indonesia’s economy decreased

In 2009, Satoshi Nakamoto, a young Japanese man, made a discovery that is electronic money, which is familiarly called Bitcoin. This electronic money uses a database that uses cryptographic networks as security. Bitcoin can access by having a Bitcoin address. The role of law enforcement in Indonesia will be challenging to track the existence of this illegal electronic money practice.

As the primary tool in the smooth running of the life of the state, it does not deny the fact that money has a significant role. Therefore the money in Indonesia is given a separate explanation in a document of the Law published in 2011.

Bank Indonesia states the existence of electronic money as a medium of exchange in Indonesia is because only the rupiah should be the single currency in the country Indonesia. Besides, Bank Indonesia as the highest authority in money traffic in Indonesia does not recognize the payment system services for electronic money processing. Law number 7 of this year 2011 translates the form of currency that is known and used in Indonesia is the rupiah; the currency of exchange must issue from the government.

What is a problem of the Easyfeedback Token? 

Companies actively seek feedback because this is a strategic tool for achieving excellence, increasing sales, and reputation. In the process of gathering feedback, companies use more resources and channels: directly, by the forum, chat, telephone, web form, email. All chains used to collect input must function to be able to pay attention to customer suggestions and complaints questions. The problem is the lack of internal control when feedback occurs even though the company has invested the money. Second, the lack of human resources in the company to manage the existence of feedback, it is very detrimental to the company.

Easy Feedback has production areas in various places, one of which located in Ireland. In Ireland, 128bit SSL certificates comply with European regulations regarding the personal protection data and Electronic Commerce. Easy Feedback makes extensive use of email. For this purpose, it integrated with the Send grid tool, which allows it to send large-scale email safely and also to control it. It is also easy to have a redundant server other than Ireland, which is Amazon as a critical place. System information is copied to prevent potential disasters.

Feedback quickly collects large amounts of information from all feedback sent by company users. For this information to comply with European regulations on data protection, the feedback has implemented the technical and legal steps required for compliance.

Feedback from customers is not public. The feedback was sent personally to the company management team. If customer complaints do not receive adequate treatment, legal services from Easy Feedback offer the possibility to study the option of filing lawsuits or lawsuits outside the legal process. With the help of legal services from Easy feedback, it allows customers to get convenience so that their rights are guaranteed.

As a conclusion, Easy Feedback Token is a facilitator between companies and consumers, which impacts on obtaining bonuses to consumers who make constructive criticism for the company’s progress in the form of rewards. Using the Blockchain system that is related to Bitcoin, but both of them is different roles. So the Indonesian government is very concerned about this to the point of rejecting the existence of electronic currency or Bitcoin because it is contrary to the Law on money Indonesia.

Ann Thread: https://bitcointalk.org/index.php?topic=5155778

Website: https://www.easyfeedbacktoken.io/en

WhitePaper: https://www.easyfeedbacktoken.io/wp-content/uploads/2019/07/EFT_WhitePaper2.8Ingles.docx

Social Media:

https://twitter.com/easyfeedback

https://www.facebook.com/EasyFeedbackToken

https://t.me/EasyFeedbackToken

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

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