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Several Things Why You Should Use BIZpaye

Several Things Why You Should Use BIZpaye

BIZpaye is a unique trading platform which has a different system with a convenient way of trading. It’s been the first platform in modern trade history. The main goals of BIZpaye marketplace are to give you a flexible and convenient way to do a transaction. Not only for a big firm, but a BIZpaye system also helps the small and medium enterprises to liquidize the idle and generate more revenue.

Trade barter provider like BIZpaye, which will explain more detail next, is organizational commerce which provides a bookkeeping system for its clients and members. They do a transaction using an internal currency called trade dollars or trade credits. This is will be our point why you should use BIZpaye.

Barter systems today has been an effective way of saving your cash, increasing sales, moving inventory and maximizing your idle capacity. BIZpaye can be the best solution for your company to starting to go internationally without spending much money.

To be the members of BIZpaye, you have to join by initially completing some registration form. Once you done, you are officially the group member of BIZpaye. You can directly sell your goods or services or get it from other members. Every single transaction you do will give the benefit. You get the point in your personal account wallet and can be exchanged into rewards whenever. The information token crypto stored on your wallet is a public information, so all of memners can has the same ability to determine the transaction level.

Transaction System

Currently, the BIZpaye token currency as the part of BIZpaye international group companies has operated in 12 countries around the world using a franchise strategy. To be able to do this such kind of transactions, the members’ company using a credit token as their encrypted wallet.

The participants can exchange or do a barter transaction, which is a direct exchange of both goods or services for other goods or services as well without any medium such as money. All of the participants also can buy their token credits to other members as the main currency to exchange goods or services. That’s why this system also is known as a ‘trade’ or ‘barter’ industry.

 By using the     BIZpaye credit as the currency, BIZpaye’s participant could enjoy an efficient way to increase sales, cost saving and improving other financial performance. Before continuing our discussion bellow, there are two important terms you should know about BIZpaye credit:

  1. Utility token, is an application coins or users token. They have an access to enabling them to explore the provided goods or services by seller members.
  2. While Security token is kind of digital assets that gained its value from the external assets and available for traded.

Market overview

BIZpayeis a retail marketplace which has its unique name which generally known as “CRYPTO” which initiate that this is the instant name to recognize the coin as the main tool to doing a barter, trade, exchange goods and services, and other financial transaction.

Nowadays, more than 45.000 companies in the United States using BIZpaye crypto to doing a barter credit among partners. The un-joined company might be invited to using what is termed “being in credit” and it is possible to the partner company to doing a cash transaction and saving their money 50-70 percent per transaction.

BIZpaye also provides networking event such as Business Seminar, Top Trade events and many mores that generally aimed to help the company partners to promote their business to increase the profitability, improving the company images and profile among merchants members.

BIZpaye also provides networking event such as Business Seminar, Top Trade events and many mores that generally aimed to help the company partners to promote their business to increase the profitability, improving the company images and profile among members.

Actually, the base principal trading of BIZpaye credit is just the same with a conventional bank account. When bank account acquires you to pay the interest and has time to repay, the BIZpaye allows you to free from overdraft and paying the interest.

Why You Should Use Bizpaye?

After knowing some base definition about BIZpaye credit, now, we will give you information about the advantages of using BIZpaye. Here is some benefit when you are decided to using a cryptocurrency for your business transaction:

  1. Flexibility

As we know that BIZpaye credit using barter token and cryptocurrency as its main tool for doing transactions. This system allows the partners to expand their financial activities to cross the border without transaction limit and has no deadline.

BIZpaye also provides a free online business promotion to all of its members. Not only for a big company, a small and medium-sized enterprise also has the same opportunity to get the facility. Compared with n convenient ecommerce that requires the members to pay some advertisement fees, this system helps you to saving much money as your advertisement cost.

  1. Reducing Your Cash Expense

What is across in your mind for the first time when hearing about money exchange? It must be kind of wasting your currency to get a little bit dollar right? BIZpaye credit provides a fair exchange system using cryptocurrency, so it allows all the currency in the world to converted into a credit token. BIZpaye helps you to reduce your cash expense so you can increase your business cash flow.

BIZpaye also provides a free online business promotion to all of its members. Not only for a big company, a small and medium-sized enterprise also has the same opportunity to get the facility. Compared with n convenient e-commerce that requires the members to pay some advertisement fees, this system helps you to saving much money as your advertisement cost.

  1. Increasing Profit

As we explained earlier in the top, BIZpayeroutinely doing a networking event to socialize your business among partners around the world. This opportunity will help you to attract a new business colleague and attract a new customer. You can build a new contract to repeating their transaction which can be locally or internationally. You can get this benefit in every single transaction you do. Instead of requiring you to pay the interest, BIZpaye will promote your business freely and deliver a new customer to do a transaction with you.

This is can be a solution to improving your business performance by increasing sales and gain a higher profit. Besides that, you can save you many dollars by using cryptocurrency for doing transaction among partners especially international colleagues.

BIZpaye credit also can be applied for Business to Business (B2B) marketplace, Business to Consumer, even Business to the government marketplace. So.This systems widely reach every single marketplace.

  1. No Universal Currency

Since we know that BIZpaye using the cryptocurrency which means that it can be used in every single country, this will make a transaction among country can be easily compared and can be dominated in the same unit. By using a swap crypto systems, international trade can be as simple as domestic trade. This also affected in tourism system. For you who want to go abroad, you don’t need to worry about your currency. You can just easily use your trade credit without changing your currency to dollars or your destination country.

By a single currency as well, all of goods or services can have a minimum charged price. This is means that the benefit of being no universal currency is to improve cost efficiency, higher price transparency, and etc.

  1. Price Transparency

As we know that Bank is the most responsible financial institution to control all of the money flow. This is not without reason. The first objective is to monitor how much is money outstanding in a country. So, the government could avoid inflation and all of problems from over outstanding money.But nowadays, since the internet is a crucial part of all aspect like politics, social, culture, and economics, transparency can be easily achieved and accessed by all parties and stakeholders.

BIZpaye provides this kind of facility. By using cryptocurrency, seller and buyer can directly know who is managing their money. Blockchain technology, the provider system used by BIZpaye can be a solution to a single transaction by decentralizing ledger. So, both parties can see who is actually happening with their financial condition and who is controlling their fund. At the same time, they also can enjoy transparency when doing a peer-to-peer transaction, especially among country which typically needs much cost.

This condition helps stakeholders to improve their trust among partners and can affect to continuing the contract. Such condition has an impact on the business profit which typically increases as long as client trust is increased.

BIZpaye Ecosystem

As explained earlier in the top, BIZpaye is a commercial organization which consists of a group of clients and members. Every each of them has a different part to support the sustainability of the company. Just like a convenient market, the member of BIZpaye system interacts each other as the buyer and seller. This unique marketplace can be applied as B2B, B2C, C2C, and C2B.

  • Clients As A Buyer

A buyer member is an institution or individual who wants to get some goods or services from other members within an effective, efficient, trusted ways, and high speed through the available transaction medium.

To be identified as the buyer, members typically doing such activities: Searching good and services provided by other members, ordering goods or services, pay for purchased goods, receiving bonuses such as crypto rewards, and receive the other promotions such as purchase discount,  promotion, and so on.

  • Members As Sellers

Has a contrary defined term with a buyer, members as seller are parties which can be individual or company who provide the goods or services and willing to sell them.

Just the same with the buyer, they also have some specific action to distinguish them from the buyer.

The seller members usually promote their goods or services in the BIZpaye account and publish them, delivering the goods or services when there is order and they have a right to claim revenue after the transaction, giving some promotion to other members as its consumer, and also providing some feedbacks.

  • Payment

In e-commerce payment methods, we usually found some inconvenient in term of lack of trust among sellers and buyers. By using BIZpaye trade and BIZpaye crypto swap platform, both parties can directly control what should they do, and what are their partners do.  Those two BIZpaye platforms can eliminate or at least reducing trustless information and financial activities from both parties.

Even this is more transparent rather than convenient e-commerce, there is a principal manner that should be done by the seller and buyer. Both of them should create a contract to determine the detailed action should be fulfilled by both parties. The buyer can directly determine when their purchased goods or services should be delivered and what kind of payment method is chosen to do. While the seller can determine when the payment is received, what kind of benefit they provide for its consumer.

That’s all some aspect and consideration why you should use BIZpaye. Before you are determined to use this system, please search as much as possible the information about this system. You can read this article as initial actions. Even this is globalization era where the internet holds an important part of our life especially in economics, you have to be well informed before doing anything.

Once you are certain to do, you can maximize your business transaction by expanding your commerce activities borderless among the country. You are possible to gain much profit by reducing your cash expenses and doing an efficient transaction. The Decentralized currency also will give your business impact to reduce the exchange fees either. Besides that, you can use the BIZpaye system for personal purpose. One dollar you spend from your token credit is a real saving dollars in your bank account.

Guess What, Cryptocurrency Exchange Problems and Its Solutions

Guess What, Cryptocurrency Exchange Problems and Its Solutions

If you are a businessperson or people who are interested in investment, you definitely will understand its development. In the financial industry, a cryptocurrency developed. However, it takes place to gather together with some issues that plagued it.

Actually, Bcnex wants to develop technology in the future era by exchanging the digital assets and cryptocurrency which will be an important thing in the financial industry. The digital assets technology has begun to show their impact in the real world. It adapts quickly and become a trend in the industry. One of the examples is cryptocurrency exchange.

The cryptocurrency exchange has become the central attention of people over the world in digital currencies field. In each year, this exchange platform is increasing. From this cryptocurrency exchange, people not only get benefits but also suffer significant scaling-issues, both on the operational and technical side.

The Problems of Cryptocurrency Exchange

In this article, we provide you with some issues that the investors may face in these digital assets, cryptocurrency. There are 6 problems as the below explanation.

Let’s take a look at the detailed information!

  1. Weak Technical Architecture

Some digital exchanges were conducted by professionals engineers who have many experiences or with no experience at all in the field of finance so, they did not know how to operate financial services platform.

Usually, to get the system up and running they will choose the easiest way to save money and time. This exchange may work well in the first place it is. However, this may come worst when the number of traffic increases, while the system is overloaded and unable to process users’ request. In other words, people can buy or sell on cryptocurrency and they will not catch it in Bcnex.

Despite, an exchange should be well-designed with an efficient, enough security, speedy transaction, and the scalability. On the other side, Bcnex is established by well-experienced workers especially in the financial system in Forex market as well as real-time data application system. They have an in-depth understanding in the sector needed.

  1. Lack of Security

Because of malicious activity or hacker infiltration, statistics show that hundreds of exchange were closed. In 2017 and 2018, due to targeted attack according to the data from Group –IB, exchanges suffered total loss of $882 million. Meanwhile, Bcnex is designed by the highest security standard that can minimize hacker infiltration or another access from the irresponsible system or might be people.

  1. Low Market Liquidity

Basically, the main goal of the exchange is to create high liquidity, support investors in the trading system, and take initiative purchase or sell decisions. However, the digital assets exchange mostly did not meet the requirements so, it leads to unpredictable results for investors.

Liquidity is an important element for any of market, and due to the decreasing of liquidity, orders are not placed on time and the doors are opened to manipulate prices. Therefore, it leads to an imbalanced environment and things go out of control. In short, to attract coin miners, investment institutions and high-volume traders to a newly established exchange is difficult and requires an experienced team with an in-depth understanding about this new market.

  1. Poor Customer Service

Customer services are often ignored by some exchanges although this is one of factor that determines exchanges success. Based on the Accenture study, there are 52% of customers who have had a bad customer service experience with the company stop purchasing their service and product.  By this moment, many users will complain about the bad services they received from the company so it leads to the poor of customers support.

  1. Trading fees

On cryptocurrency exchanges, the trading fees are sort of a two-edged sword. When the fees are low or no fees at all, the liquidity of exchange also increases. It permits large investors to deploy crypto prices cheaper and easier. Besides, cryptocurrencies naturally promise to interrupt the financial sector by making transactions far cheaper.

  1. Trading pairs

Besides trading fees, the issue also can exist from the trading pairs. It happened since there are 200.000.000 (two hundred million) individual tokens of cryptocurrencies that will be a very significant problem. So, if you want to sell one token for another, automatically it requires two traders which makes the double amount of fees necessary in order to exchange the token.

The Bcnex Exchange Problem Solving

After knowing about some issues that exchanges may face, we also provide you with some Bcnex exchange problem solving that can be the ways to reform those weaknesses. There are five ways that can be conducted to solve those issues are as follows:

1. Technical Solution

In this part, there is two technical solutions provided as follows:

1) The BCOMS Order Matching System

The BCOMS or The Bcnex Order Matching System is a component, which matches both of buying and selling exchange orders. In other words, it is a feature to buy and trade. Also, it is considered as the most eminent part of Bcnex that is built with high precision. All purchase or trade orders are stored with high performance queues and a good quality system which is designed to minimize the possibility of losing data.

So, all buying and selling activities will be stored in the high quality storage which ensures the users that their data will not lose. The BCOMS is the fastest exchange since it is capable of doing 2.000.000 trading orders per second. This flexible scalability makes the elimination of common issues on the overloaded system is very capable.

2) A Stable System on Microservices Architecture

To make sure scalability, a stable system on the microservices is used by adding physical servers when the system needs to handle a large number of transactions. With load balancing system is placed, the capacity of the Bcnex increases up to 99,9%. Besides, to improve their users, the access to speed is improved.

The microservices on Bcnex is divided into small services with separating databases which let us to make scale and modifications without compromising the whole system.

2. Safety and Security Solutions

It is also divided into 2 parts like the below explanation:

1) Multi-layer Security Architecture

Bcnex has already completed with a system engineering from the ground up with security in mind. Come up with it, Bcnex also deploys the security system into multiple layers which include, robust firewalls, anti-DoS, multiple user alerts. If Bcnex found some strange activity, automatically it will block the account for a certain period. It also will notify the user of the account.

To put it briefly, before attempting to perform any transaction activity in the process of KYT (Know Your Costumers) Bcnex will ensure all the user’s security crypto assets which aimed to achieve banking industry in the level of security compliance and auditing. Also, it uses Google/SMS 2FA for the users. This aimed to act related to security on the trading platform as a security measure.

2) Optimal Wallet Solution

It is very eminent to consider a large number of cryptocurrencies which are being stored on the major exchange. Hence, to keep users security, Bcnex is accomplished with the security solution which consists of a hot wallet, a cold wallet, and secure hardware.

The operational system of those wallets is similar to what is applied by Bank, ISP providers, and the developed countries government. Mostly, the vast Bcnex assets (98%) are stored in the cold wallet, whereas the remaining balance is stored in the hot wallet that is enough to cover the number of daily withdrawal users.

3. Liquidity Solutions

Bcnexhas worthy experiences in everything including from design to client support all the way to modify liquidity management and low latency trading architecture in the forex market industry. Moreover, Bcnex has many good partners in the industry who will be the key to the exchange launch and make them easier to build well established foundation of an existing business.

4. Customer Service Solution

Along with the development of exchange infrastructure, Bcnex began to consider customer service as a vital part in the digital economic industry. Therefore, they realize that they have a large amount of users, so they provide the users with always ready service management team who are willing to solve any issues. So, Bcnex is established for offering a flawless user’s experience.

Substantively this article does not mean to address one of particular individual or entity. It is just glimpse information that we write in order to share you if you guys interested in it.

That is the end of this article. Hope we do help you guys to know about Bcnex exchange problems and its solutions. Thank you! Happy Reading!

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Let’s See How Migranet Work with Blockchain Technology and Artificial Intelligence for Solutions to World Migration

Let’s See How Migranet Work with Blockchain Technology and Artificial Intelligence for Solutions to World Migration

When you need information about which country is suitable for your place of residence. Or you might feel that the country you live in is not ideal for you and your career? Then you need a system for immigration. You might need a professional to find out which country is right for you.

The next question is, how can you be sure of the professionals you meet? Do they give the right advice? You may need more than one professional to express their opinions. But what about when every professional provides a different answer? Of course, that will be a new problem for you.

Migration is synonymous with your readiness to go through a complicated and time-consuming process. Isn’t to mention the costs needed for the procedure in Migranet platform. Do you believe that there is currently a solution to overcome migration with the use of technology? You will also be faced with a decision-making system using the basis of artificial intelligence.

It is not impossible that technology has an essential role in helping you achieve your needs. Systems with logic made by experts and outlined in the form of technology will have a high degree of accuracy. That’s how artificial intelligence was included in the migration platform. This is the first thing that exists in the world by combining AI with blockchain technology.

You certainly are no stranger to blockchain technology which has become popular since Bitcoin was created. This technology is presented with the concept of decentralization to promote transparency. That’s what makes blockchain technology in demand. Besides, the use of blockchain technology also implements cryptocurrency to simplify the payment process.

When you have transacted with blockchain technology, of course, it is no stranger to you. However, combining the blockchain with the AI is only the first time there, and you need to try it. You can consult for free through a platform to determine which place is right where you live. AI will help you by giving recommendations.

How can AI recommend that for you? That can be done by giving some of your data, such as education, work, habits, hobbies, and even data about your child or wife. That will help AI to determine the right goals. You also don’t need to worry because the data you provide will be safely stored on blockchain-based technology.

The blockchain combination with AI is done on the Migranet Platform to simplify your migration process, and it is also equipped with 100% free consultation. So when you are going to migrate or are not sure about where you live now, you can take advantage of this platform and get a place to live that suits your identity. You can also get complete information through the official website of the Migranet platform.

Ann Thread: https://bitcointalk.org/index.php?topic=5124821.0

Website: https://migranet.io/

White Paper: https://migranet.io/wp-content/uploads/2019/04/Migranet-Whitepaper-v.1.1.10.pdf

How Do Migrants Work?

You must have been curious about how the collaboration between Blockchain and AI complement each other and form a safe migration system. Digitalization has increased very rapidly, and the development of platforms to meet human needs continues to be carried out. Migrants become one of the innovative platforms to help anyone get a life that is by your passion. The following is how the Migranet Platform works.

  1. Registration Process

The first thing you can do to take advantage of this platform is by registering. At this stage, you will provide information about the professional history, country of origin, oral language, education, and other supporting information. You don’t need to worry because your information is very safe.

  1. Select

At this stage, you will see options presented from the results of the AI algorithm to process the data that you provide with the conditions of a country. You can see the possibility of potential migration based on migrant intentions. It will be based on education, work, travel, or residence chosen as a permanent residence. Besides, migrants can also select the country of destination manually when fulfilling the requirements.

  1. Application

When migrants have successfully selected the country of choice, the next step is to submit the desired status. At this stage, the costs will be withdrawn from the MIG wallet (tokens used in the ecosystem to make payments). The amount needed is $ 500 for permanent residence and $ 150 for all other forms of migration.

After that, migranet will process the application and work with the appropriate parties in the destination country to complete it. You only need to wait until the process is complete. You can also see this concept and try it through the Migranet prototype. With the trial, you can find an overview of the use of applications for migration.

The process carried out is quite simple and easy to migrate. You don’t need to stand in line or even pay unnecessary fees. You can also avoid various forms of fraudulent actions that can harm you. The full Migranet Platform gives you the convenience to migrate to a country that suits you.

 

The Use of MIG on the Migranet Platform

MIG is a cryptocurrency that is used to transact in ecosystems. Everyone can have MIG tokens as a form of participation on the platform. The total supply of tokens will amount to 850 million. That will allow more people to utilize the migration platform with blockchain technology. Purchases can be made in the ITO period as a form of the initial contribution.

The use of MIG can be done by using a digital wallet. Every transaction with blockchain technology always involves cryptocurrency. The role of MIG to facilitate exchanges can be done and has been applied to many platforms with the adoption of blockchain technology. The use of MIG tokens also makes you not have to worry about security and transaction speed.

The transaction that you did on a blockchain technology platform will use a smart contract system. Data will be stored on a secure block and only made by parties who have interests. Besides, ownership of MIG tokens becomes essential when you need the migration process. Register yourself immediately to get MIG tokens. It will be available on a limited basis to maintain liquidity.

Of the total MIG Tokens, it is planned that there will be 510 million tokens as a circulation supply. Then the sale of the token was also at $20,000,000 soft cap with $75,000,000 hard cap. The payment received for purchasing MIG tokens is ETH. Public transactions will also usually be carried out in a certain, so you need to record important dates.

The deadline for selling tokens is August 15, 2019. Date changes may occur, so you need to update the information regularly. The MIG Token will be priced at $0.20 for one MIG token. The project protocol uses ERC20. The reason for limiting the number of tokens is none other than to maintain liquidity and increase the need for tokens to transact in ecosystems.

 

Use the Secure Multi Coin Trust Wallet for Android and IOS

Good news for you because the application is available for the Android and IOS operating systems. That will make it easier for you to trade in your hand. The trust wallet will give you all the concepts you need to know in one place. That will provide several features that can represent your needs for digital transactions.

The trust wallet is equipped with a private key that is only stored locally to ensure safe use. Besides, the account is also protected by many layers of security to reduce the risk of actions that can harm the user. As an embodiment of the digital payment method, Wallet Trust will be a safe and reliable system.

Besides, the advantages of this wallet are compatible with ERC20 and ERC223 tokens so that it has full support for the Ethereum network. This system also supports well-known crypto and cryptocurrency protocols such as ETH, ETC, POA, GO, VET, etc. so that it will ensure your convenience to make transactions anytime using various currencies.

You don’t need to worry about your data because this payment system offers anonymous concepts. That will make your personal information safe because no one will ever be able to access personal information. This concept also ensures that personal data is always safe, thereby increasing the user’s trust in utilizing the Wallet Trust.

This wallet system has been supported by the exchange in a decentralized manner, ensuring that the Wallet Trust will continue to work smoothly. The collaboration with Binance DEX also provides an opportunity for you to do business instantly. The entire concept offered is undoubtedly possible on decentralized exchanges built on blockchain technology.

Dapps and Web3 support are also available, allowing you to interact with decentralized applications. The Migranet platform is ready to launch a migration service product across the world to facilitate everyone’s access to technology. Technology development will also help you continue to get positive impacts from its development, including secure and safe migration.

What is Migranet Provided for Migrants?

Migrants are familiar with the term migration with various problems and problems in the process. The presence of the Migranet platform is intended to provide a system with high transparency. It was realized with several technologies used in the development of platforms. Besides, the system also offers accuracy, accountability with a fraction of the costs needed in the traditional process.

An assessment of a migrant is carried out with an AI where the algorithm will verify credentials and ratings. This will result in the host country for immigration. For migrants to avoid malpractice, fraud, and misrepresentation, protection is carried out by implementing blockchain technology. It is a technology developed for digital system security and has been tested.

What about migrant data information? You don’t need to worry because the platform will use Biometric ID. The purpose of its use is to provide certainty for refugees by keeping their original identity confidential. The biometric ID will not include the official name, date of birth, and country of origin. It will be changed in the form of an encrypted hash. The application of Biometric ID can guarantee the safety of migrants.

Besides, the application of MIG Tokens is also one method that is done so that payments are safe and by the needs. It is a cryptographic utility token. Every migrant who needs services from Migranet requires them to exchange with MIG Tokens. To have tokens, each migrant can join the token sales event at the beginning, or obtain a token first through token holders.

 

The As Migranet Platform The One Stop Solution to Migrants

What more do you think when the global Migration platform is available before you? Development of the Migranet platform using the basis of blockchain technology and AI is the best solution for global immigration. The concept of AI found on the platform can help you find the right country to live in.

Migranet is also presented with experts in their fields to produce professional assessments to provide the best service for platform users. The use of blockchain technology can ensure the security of the data you provide. It will all be stored on the locked block safely. Not just anyone can access it unless they have the authority.

The use of smart contracts also helps protect migrants from various actions that can be detrimental. The contract will be made based on the concept of implementing blockchain technology for better digital transactions. The platform also offers a more affordable payment system by avoiding credit card usage, high conversion rates, delays in the transfers, and high banking fees.

The use of MIG tokens makes each transaction more comfortable and faster. Cryptocurrency on blockchain technology platforms is beneficial for the implementation of the payment system without involving third parties. It also makes exchanges quickly resolved without requiring verification from other parties. All of that can be carried out transparently and can be seen in real time.

Migranet Platform provides the best solution for every problem that occurs in immigration. When you don’t need to be afraid of fraud, irresponsible agents, and malpractice, you are also faced with the fact that the cost of managing this is very affordable. So why should you wait to immigrate to the country that is right for you?

Ann Thread: https://bitcointalk.org/index.php?topic=5124821.0

Website: https://migranet.io/

White Paper: https://migranet.io/wp-content/uploads/2019/04/Migranet-Whitepaper-v.1.1.10.pdf

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The Colletrix Platform for Solution of Blockchain Platform in Many Purpose

The Colletrix Platform for Solution of Blockchain Platform in Many Purpose

Today’s digital society has begun to switch to digital transactions, one of which is through the blockchain technology platform. Since the beginning of its development, blockchain offers a system that can simplify various aspects, including removing third parties in terms of payments. Adoption of blockchain technology is also ongoing to make the platform useful.

The use of blockchain technology to create new markets is also carried out by the Colletrix platform aimed at all stakeholders. Everyone who joins the ecosystem can enjoy safe and secure transactions through the platform. Besides, the concept established on the blockchain technology platform also has a payment system that involves cryptocurrency so that every transaction made can be completed quickly.

Colletrix’s platform offers the ability of IP owners to obtain lasting monetization from the use of IPs created. Furthermore, Merchandisers will benefit from a design explosion that has a selling brand from the product. Consumers and collectors can also provide support to their favorite characters by doing what they like most like buying and trading collections.

The system running Colletrix platform will start when the owner creates an IP. Then from the IP that was successfully created, it will be typed into NFT. After that, NFT will be linked to merchandise. Then consumers can buy merchandise and NFT redeems. After making a purchase, customers can trade NFT IP owner receives a licensing fee. The last collector will collect different NFT for appreciation.

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Website: https://www.colletrix.com/

White Paper: https://www.colletrix.com/wp/en/ColletrixWhitepaper_20190517.pdf

 Why Colletrix Platform Uses Blockchain Technology?

Daily transactions are now becoming obsolete with the market shifting into the digital era. Every current deal can be done online. Payment must also be able to continue to follow the style of transactions carried out by the user. Therefore the use of third parties as payment bridges is considered to be less productive so that a system improvement is needed to adjust it.

The adoption of blockchain technology for the creation of platforms has often been used to ensure transaction efficiency. How can it work? Blockchain is a technology built to provide solutions from cryptographic technology. The technology is presented at a low cost, a high level of security. Besides, the blockchain also uses a decentralized system so that there is no trust involved.

The Colletrix platform uses blockchain technology with the aim that NFT information and transfer records cannot be changed and are transparent. That will make everyone able to track data and believe that they are not disturbed freely. The use of blockchain technology is also equipped with a good security system so that it can be relied upon to transact in the digital era. The use of blockchain technology on the Colletrix platform is expected to be the best solution to get the best experience in utilizing technology platforms.

Application of the Ethereum Smart Contract in Blockchain technology

The use of blockchain technology indeed allows the use of smart contracts to store important information about digital assets. Blockchain Ethereum can store important information about digital assets. The use of Ethereum also allows automatic execution to be carried out based on conditions if it is coded in the contract.

The use of smart contracts can also limit the number of IP NFTs that can be made as merchandise. The agreement can also ensure the original IP owner to obtain a license fee from each NFT trade. It also distinguishes the Colletrix platform differently from other platforms. IP Owners will benefit from the certainty of licensing for each item made.

The Collectirx Platform Offer Solution for The Best Platform with Blockchain Technology

Website: https://www.colletrix.com/

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Colletrix provides a unique private key concept for every physical purchase carried out in the ecosystem. The unique key is embedded in the near field communication chip (NFC). Private keys give merchant owners the right to redeem and access ERC-721, NFT tokens, through the Colletrix platform.

NFT will be visualized as a unique and new digital asset so that no duplication can be done in any way. Information related to NFT ownership will be automatically uploaded to the blockchain. Uploading automatically makes it easier for the full check process to be found in the Ethereum network. The recording will be carried out with a high level of transparency so that it can increase consumer confidence in utilizing the ecosystem.

After NFT is visualized, a new asset class will be formed and then mapped, which will initially be associated with traditional merchandise. After the product can be redeemed, it will then be traded as a digital asset independently. Collerix describes innovative technology to restore the luxury of traditional goods. NFT will develop its market value as a digital asset.

Spending a limited amount of NFT is often associated with merchandise at the beginning. These items will be very in demand and have high trade value. Jam, innovative technology kicks as exciting products can also kill traditional elements. Therefore, NFT will develop its market as a digital asset in the form of physical products.

What Benefits Do IP Owners Get By Using NFT?

IP owners have the advantage of using NFT in the ecosystem. The use of the NFT will make the owner have the right to decide whether to maintain the NFT owned as an appreciation value or sell it. Sales can be made on the NFT Marketplace intended for other users. IP owners have choices provided by the platform to provide transaction convenience.

NFT purchases can be made using CIPX as a cryptocurrency applied to the ecosystem. The original owner of the IP design will receive payment for the license as a gift from the trade. All subsequent NFTs generated will be part of the trade price agreed upon by the NFT seller and buyer.

Each IP will only have limited NFT supply, NFT market demand for designs or IP hits will increase. This will be an encouragement to users to gather and empower existing NFT. The Colletrix platform will also introduce more future gamification for NFT holders so that it can provide many benefits through trading and token collection.

Going forward, when the secondary market is strongly formed for physical goods, the platform will also be available. The platform will introduce a second business model where it can pair physical watches that are resold to NFT transfers through smart contracts. NFT ownership will then be transferred automatically to the buyer. That will happen when the seller receives payment for physical goods, and the buyer receives merchandise.

What are the IP Owner License Benefits Programs?

The entire sales record and ownership of the NFT will be uploaded to the Etherum network. That is what can help the original IP owner to see the overall sales figures. Each sales record number will be seen in real time. Besides, a transparent system on blockchain Ethereum technology can guarantee the trust of all records so that authenticity can be ascertained without forgery.

When the IP is stored on the NFT, the owner of the original IP will receive the license prize as a royalty fee. That will be used as part of the NFT trading price agreed between the seller and the buyer of the NFT. Revenue from the sale of luxury items designed by IP owners will be given.

The project will overall enjoy the benefits of the IP owner through the licensed program that is run. The use of NFT will be one of the applications of blockchain technology to facilitate transactions. When NFT becomes more popular and unique, it will become a design attached to the NFT. With its uniqueness, it will increase the likelihood of buyers’ interest to create more value for IP owners.

What is the use of CIPX?

As a platform that adopts blockchain technology, Colletrix uses CIPX tokens as cryptocurrency. CIPX, as a utility token, can be used to purchase merchandise in the NFT trade. CIPX can also be used for other platform payments, including trading fees and license fees that will be given to the original owner. It became one of the facilities of Colletrix that distinguishes it from other platforms.

CIPX can be used for payments for NFT priority purchases. It can be used over time as a form of increasing diversity of NFT models and collectibles. Furthermore, NFT can also be used as an element of pay to play gamification. Colletrix will be a safe and reliable platform for implementing technology using a blockchain basis.

Consumers Can Buy Customized Products

One feature provided by Colletrix is that buyers can buy products that are tailored to their wishes. This feature allows buyers to customize and obtain the desired item with the customized design. It can make you get unique digital tokens with collection values.

You can choose your number and then make customizations. To convince consumers about the authenticity of the product purchased, blockchain technology is used. IP creators can also check the performance of goods in real time with accurate numbers and can be verified against them. With that, the owner can get more income and recognition when products and tokens are traded in the market.

Why Colletrix Platform?

You might need to be convinced to be able to join the leading platform with blockchain technology. Currently, the use of blockchain technology has become a breakthrough in the world of technology. The digital transactions must be developed to supported by a more sophisticated and safe system.

Colletrix develops it all with blockchain technology and applies a high level of security to protect every user. The system applied is also able to provide benefits to IP owners and all parties involved in transactions in the ecosystem. The use of cryptocurrency also makes transactions can be done quickly.

Blockchain technology offers a system with high transparency so that it can provide trust to its users. The use of tokens for payment also helps everyone to transact safely and securely. Every transaction and income can be seen in realtime so that it can increase convenience. You can visit the official website of COlletrix to get the latest information.

How to buy Colletrix?

Colletrix initially offered UNDONE watches to be paired with unique brand designs from partners owned at colletrix.com. That is still the first step to unlock the platform. In the future, Colletrix will introduce additional types of merchandise that can be collected. The variety of other items that can be obtained can vary from the world of sports, entertainment, and partnerships.

All items that can be purchased on the platform can be achieved with more partnerships for IP owners and traders. Merchandise can be purchased using CIPX as a token used in Colletrix. Besides, transactions can also be done with well-known digital currencies such as Bitcoin and Ethereum. Special purchases with CIPX allow buyers to get more discounts compared to other coins.

In addition to the marketplace, Colletrix’s initial plan was to collaborate with UNDONE in creating a market for first-hand merchandise. UNDONE sales will be adjusted to the watch paired with an NFT containing IP. The watch will be sold on the UNDONE and Colletrix sites, also called the Merchandise Marketplace. Customers can purchase merchandise using CIPX. In the future, the business model will continue to be developed for other collections.

Let’s Join Now with Colletrix

You can join by participating in the sales token. It will take place as scheduled. You can get the latest information through the website or interact on social media. You also need to get the latest updates on data to be able to participate on time. Everyone can join in every essential role in the ecosystem. When you want more opportunities, you can become an IP owner and create new merchandise.

The Colletrix token sales have a target of up to the US $ 7,000,000. For private sales rounds, US $ 5,000,000 or CIPX 500,000,000 is available. The IEO round will be available up to US $ 2,000,000 or CIPX 200,000,000. Tokens for sale will range from CIPX 700,000,000. Colletrix will provide 7% for public floats with the individual US $ 5,000 stamp. The oversize adjustment option is in the amount of 12% of the total allotment or CIPX 500,000,000. Private round & IEO vesting period after T + 3 release by 30%, after one-month release 30% and after three-month release by 40%.

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Website: https://www.colletrix.com/

White Paper: https://www.colletrix.com/wp/en/ColletrixWhitepaper_20190517.pdf

Social Media:

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https://www.facebook.com/colletrix.io/

https://t.me/colletrix

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