Understanding Your Power with CorionX | CORX

moneyafric (37)in #corionx • 4 years ago (edited)

Dear Reader,

Following all existing protocols for excellence in bringing you timely updates about blockchain development, I am here to give you information about CorionX. I want to introduce and bring you to understand CorionX and the power you have engaging this platform. Let us enjoy this blog article as we lay hold of our right to understanding your part of CorionX. Thanks.

Let me begin by first defining some terms we shall meet in this publication.

CorionX: is an utility token that functions an incentive for the usage of stablecoins and cryptocurrencies.

Exchange: From the advent of money and finance, money actually start with the barter system of exchange where you have shoes to give in exchange for my tubers of yam following your urgent needs in order of priority. See the below image

1- History of Money for more than 5000 years.png

E-Wallet: is an electronic device or online service that allows an individual to make electronic transactions within any define network at a time.

The exchange of values between parties/people has been a long time in history of the world, from barter all the way to the world of digital currencies. And today, users expect to be able to transfer money at any period of time(t) of any day to anyone in the world, (24/7), anywhere, instantly, for a low cost of transaction with ease. cryptocurrency industry is presently in fast developing phase and offers plenty of business opportunities to the business minds.

Thinking of making payment system easier for ALL and to be able to expand the range of alternative means of payment, there is a insatiable, and strong need for an easy-to-use electronic eWallet, that uses a stable price payment asset e.g. TUSD, based on blockchain tech, by a dedicated community and market players.

Blockchain Technology: is the uninterrupted science and the application of the blockchain instruction through codes called Smart Contract.

DO YOU KNOW WHAT?
With the trend of development in the revolution of money with blockchains, DeFi products, In a few years, about half of the world's financial transactions will be made through e-wallets and blockchain technology will play be a significant force to reckon with in the world of payments and transfers. These payment assets require some sort of “backing” in order to stay stable, I mean stable, not volatile as most currencies had always been, causing lots of problem to the central banks of the world, to transfer money resulting in high cost of transaction and inflation in the centralized system.

Presently, In the international market, more than 100+ stablecoin projects are fast developing different programmable money solutions designed to make currencies less volatile, and central banks of the world are working tirelessly to create their national Central Bank Digital Currencies (CBDCs) with blockchain technology.

3- Importance of Blockchain tech in payment system.png

CORION FOUNDATION
HELP DEVELOPMENT AND EXPANSION OF STABLECOINS AND CRYPTOCURRENCIES

Corion Foundation originates from Switzerland and founded in 2016. This was created with the aim of helping the development and expansion of stablecoins and cryptocurrencies in the world. As the cryptocurrency industry is developing, the Corion expands its activities supporting digital payments, DeFi and CBDCs adoption.

Emphasis: CORION support digital payments, DeFi and CBDCs adoption in the world.

Corion Foundation is dedicated to assist and support projects that offer blockchain-based stablecoin use-cases, Decentralized Finance (DeFi) services, also initiatives and organisations that support the launching and spreading of CBDCs- Central Bank Digital Currencies. And CorionX token(CORX) will be the native token to supports a Global Stablecoin Movement - #MoneyInTheRightDirection - and a common infrastructure for these projects, besides other general and unique services that simplify the use of stablecoins and DeFi projects. CorionX utility token will function as an incentive for the usage of stablecoins and cryptocurrencies. Can you see yourself taking a major role here?

To achieve this, a mutual E-wallet, swap, merchant gateway will be developed and marketed by the foundation- Corion.

The Foundation will enter the payment market with its own stablecoin (CorionPay) by 2022 via a fintech company as the regulations are clearing up and make ways for this advent. This means that there will be great opportunities for alternative payments and their expansion as well for you as the Foundation. Congratulations!

Most of the payment assets are only functioning as intermediaries on exchanges. When Corion comes in to play vital role to help in increasing the adoption of programmable crypto assets with the use of infrastructures on ground.

Corion Foundation target to encourage world-wide adoption of stablecoins, Decentralized Finance (DeFi), Central Bank Digital Currencies (CBDCs), and other substantive and reliable cryptocurrencies (e.g. Bitcoin, Ripple, XLM, Ethereum etc.) at large. To help the young, unbanked people gain access to fast track, secure and affordable banking. Corion support projects that are working on project developments and growing their client base, and infrastructure. Corion Foundation aims to create a integrated, common platform for such projects, as global adoption is what we are working at. This should encourage you to determine to offer support where necessary toward mass adoption of cryptocurrencies and do everything possible to make stablecoins and cryptocurrencies available in most e-wallets, hence making them accessible in more and more regions and parts of the world. This will ultimately help users, to have access to stable pay-per-click, crypto payments, regardless of which wallet they use either web wallets, mobile wallets , hardware wallets. Same effects. CORION Foundation will finance her ongoing activities from previous donations, new donations, the result of its asset management and income made from its activities in a non-profit way inline with the provision of the Switzerland law- Its audited report.

Readers, Let me say something that will spur you into acting right- in great ways that will change your life

Question: How can the Foundation Encourage Stablecoin, CBDCs and DeFi stakeholders directly?

Corion Foundation helps the generalization of stable coins, CBDCs and DeFi with the following activities:

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Archetypes and Design Considerations of digital currencies.png

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Launching and supporting the “Stablecoin Movement” and it’s campaign programs.
Stablecoins. #MoneyInTheRightDirection
Market research and sharing it with the participating stablecoin/cryptocurrency projects
Identifying stablecoin projects, bringing them together and exploring ways to collaborate
Publishing supporting articles about stablecoins/cryptocurrencies
Promote and grow the stablecoin ecosystem as a whole
Review on our blog and social media channels
Interview with industry experts (blog or video interview)
Users tests
Mutual infrastructure (e-wallet, swap, merchant gateway, CBDCs rails, DeFi)
Dedicated stablecoin booths at online and offline events, roundtable talks, representing the stablecoin community
Convincing e-wallet providers to accept stablecoin
Obtaining acceptance of stablecoins by a wide range merchants, payment providers

From all the you can at least see yourself contributing positively to the mass adoption of Stable coin and cryptocurrencies to facilitate with CORION Foundation to develop a sustainable financial payment gateways hence making safe and secure transaction adopting blockchain technology and help the Central Bank of nations to create their national CBDCs.

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TOKEN ECONOMICS
Full Name: CorionX utility token
Short Name/Ticker: CORX
CorionX Token Total Supply: maximum 400.000.000 (four hundred million), non-renewable
Decimal: 8
Contract address: 0x26a604DFFE3ddaB3BEE816097F81d3C4a2A4CF97
Etherscan: https://etherscan.io/token/0x26a604DFFE3ddaB3BEE816097F81d3C4a2A4CF97
Emission value: $0.015

Market price is based on supply and demand

CorionX is NOT a stablecoin, but an utility token, there is no price stability method behind the tokens

For Advice or Further Study and information, kindly contact

CORION FOUNDATION
Official Webisite: https://corion.io/corionx/
Telegram:https://t.me/corionx
Twitter: https://twitter.com/CorionPlatform
Facebook: https://www.facebook.com/CorionFoundation
LinkedIn: https://www.linkedin.com/company/corionplatform/
Medium: https://medium.com/@Corion
Download (Whitepaper): https://corion.io/corionx-whitepaper-en/#
Youtube: https://www.youtube.com/channel/UCD9royvfm_-02vV9eHvZk8A
Github: https://github.com/CORIONplatform/CorionX
https://github.com/cryptofunky