MYID Coin is a project to create the world's first ''tagging/wrapping'' technology to eliminate risks from loss or theft
A crypto coin connected to an organization prompt installment and organization stage with the novel nature of rising regular coin regard subject to reinvestment of advantages from installment taking care of, assurance financing, cash exchange and other endeavor assets/valuations into the coin record. This is an instant cross payment and service platform to deal with main problems of significant expenses, slow record dealing times, respect fancy and nonappearance of inborn exchanging respect.
Ensures least expanding base i.e., minimum return, value from reinvested retunes from association/parcel/account/hypothesis platform if there should be an occurrence of affiliation/coin breakdown. Improves and helps money move and reduce exchange expenses to an unimportant entire that is valuable to all people. Holds or augmentations purchasing power a significant long time after year by overwhelming or at unquestionably the base remaining mindful of extension.
OK Global coin is a standard crypto coin that will chip away at its own extraordinary blockchain. It is at present a TRC21 token off of tomochain and will migrate to its own blockchain before dispatch of the beta testing for the SWITCH second portion stage. Instead of other cryptographic sorts of money with exchanging/buy respect dependent on theory from hypothetical or even genuine use cases, OK Global coin holds a becoming crude give up money respect in like manner, is utilized in timetable bit by bit buys and monetary associations. OK Global Coin is maintained against losing all worth not under any condition like other modernized financial guidelines and handles certified issues while turning the conventional banking and record industry topsy turvy by conceding favorable circumstances to each part what's more, captivating democratized free assistance into OK Global Coin works out. The forfeited cash worth should be a constantly extending regard maintained by advantages and hypothesis assets from OK Global SWITCH associations. The coin will have both a hypothesis trading/purchasing regard and a base forfeited cash regard in the event of complete market crash.
Banks and financial associations have been progressing and taking care of with others' money and a while later funneling those advantages to a restricted small bunch yet with the upsides of blockchain advancement and OK Global coin SWITCH, advantages will be genuinely returned to sharing people who hold OK Global coin since it was their money that was used to create advantage. The base advancement for the payment platform is as of now available like Coin base, Binance , Bitstamp, we should make the possibility of second funds transparency and reinvestment of focal points from works out. From now on, any debilitate issues not envisioned making a one of a kind OK Global stage in any case we should research how the individual records and the whole theory model is facilitated to meet the customary and consent to unforeseen definitive states of moving governments. Eventually, the ideal stage should act typically keeping up and automatic with projecting a democratic structure maintain from coin holders into the board and endeavors, in this way getting adaptable/versatile to government mediation to guarantee about relentless future use of OK Global Coin and its motivation as a general cash to coordinate and in a perfect world eradicate the augmentation issues governments cause from printing incredible cash.
Another issue is that proper setting up of the entire infrastructure of OK Global SWITCH and how funds are to be allocated to receive an optimal return. An experienced team from a myriad of industries necessary to construct the infrastructure and work to anticipate and overcome hurdles. Security cost cash can help with keeping up least return centers by streaming more resources towards financing paying little heed to whatever else until the resulting bit stage can get enough confirmation and starting there be competently changed reliant on execution and number of individuals to crush insurance financing returns.
Currency exchange work environments will similarly create exchange expenses and may fill in as habitats for security premium financing control and the heads/seeing of the SWITCH second portion stage. Seems like there is a limit to the amount of examiners because the benefits are confined subject to execution of portion stage and financing and various increments from property and organizations. The more money not flowing to deliver returns will achieve a higher scattering of confined advantages which can diminish re-appearances of under the yearly growing rate. This can be generally or totally changed by using a more elevated level of resources for assurance financing, which is guaranteed to meet the base yearly extension rate.
Worldwide cash trade and settlement is a multibillion dollar industry because of the cutoff points and issues of government fiat money. The charges are costly and global voyagers have next to zero choice however to pay the expenses to have fiat cash of the nation of their objective. Arrangement: Zero money trade fees(at cost) for SWITCH account holders and beneath market rates for non-account holders.
MY IDENTITY (utility) coins, MYID, are utility coins utilized for the checking/prominent confirmation of blockchains with remarkable proprietor particular code. The motivation driving checking blockchains with MYID coin coding is to decrease and over the long haul dispose of danger of debacle, thievery or absurd seizure. There is a level out volume of 100 billion Ethereum(erc20) MY IDENTITY Coins. The Ethereum erc20 blockchain was utilized to make MYID Coins for essential section to different supporting and exchanging stages. MY IDENTITY Coins will move to its own stand-apart settle on outstanding balance of the worth restrictions of the Ethereum blockchain.
Blockchain improvement has now shaped and advanced into in excess of a shared record structure and is being applied to various areas, for example, restrictive information possession, diversion associations. Notwithstanding, even with kinds of progress and headway of blockchain tech, and that there were ordinary use that were not tended to and eccentrics close by complete retraction of cash related worth was as of recently an issue. Blockchain tech will be intertwined with the SWITCH second portion stage for ordinary clear use, that has a second immediate bit of leeway to all of its individuals. The way has been organized in this errand plot. The improvement gathering will be filled in as it is found the most capable people to ensure this errand is successfully wrapped up. Having colossal proportions of undertakings at my near to departure is unbelievable for affiliation movement yet of course is an essential weight and risk. Our undertaking will work with distant free bosses/accepts/account heads to guarantee that assets are controlled reasonably and confine or preferably murder any opportunity of thievery/misappropriation. All bookkeeping will be disclosed and resuscitated regularly. The technology is currently available and being used daily incurring a very small charges.
The OK Global crypto coin is significant considering the way that it is a restricted aggregate and works inside an unprecedented democratized cash the board and organization stage that is intended to disturb the customary money related model of various financial organizations. Fiat money can't be used considering the way that it is fiat cash that we are tending to as one of various issues fixed by Ok Global Coin SWITCH. Cryptographic cash is a response for an enormous number of the issues with fiat money security model:
The security model has not been picked now. Plainly, the crypto coin will be an openly available report and along these lines will be affirmed by different sharing place focuses/centers inside the portion and organization network yet further antifraud and hacking security measures should be set up. This will be an advancing assignment and create as is fundamental.
There will be capriciousness inprices in any case anyway will ease as time goes on as the association shows a reliable advantage and organization history. Theory and taking off expenses are difficult to control in any market and appropriately should be directed as the challenges, if they are issues, present themselves. The basic target will be to keep the give up regard extending an apparently perpetual measure of time after year. assurance: Major overhead and experience costs are in representative wages and lease near to routine advancement gear buys/updates. The leasers that OK Global coin SWITCH has are its coin holders/people. The coin holders will have the decision to screen the bit by bit changed evaluation of their base surrender/breakdown respect and in case the company folds.
Benefit of the system over other crypto: Immediate conversion to fiat will be available and funds can be availed rapidly or following day. Furthermore, trades occur in a matter of seconds and costs are altogether much less than current market rates for card payment getting ready. Okay Global coin also has a guaranteed least breakdown regard and that value should rise interminably to balance dropping purchasing influence in light of growing when holding fiat cash.
Inevitably government will control cryptocurrency. Various laws have beginning late been executed. Further principle is likely crucial to guarantee that there are flourishing estimates set up to ensure about buyers and considering the way that the public position ought to guarantee they get their bit of the pie. Alright Global coin SWITCH will work direct to consent to government rules when required and to be useful to all get-togethers included. This may determine that OK Global coin won't be offered in each nation, yet those issues should be tended to as they emerge.
Installments can be made through card or by methods for a phone application and should be useful. It's possible to send payments now and the structure is maintained by an association of PCs conferring by methods for the web. The system costs for payments getting ready have been essentially lessened because of the elimination of outside business parties included. Exclusion of late fees is adding to the significant source of additional revenue. competitors:
-There are no competitors as of today. The democratized unprecedented business/service
model aimed to benefit all participants via use of blockchain tech is revolutionary and will
disrupt many traditional industries that have been benefiting from charging high fees for
currency management and financing.
The "Money Project" maintained by the OkGlobal Coin society, SWITCH and MY IDENTITY theoretically can't be shut down or seized because of the shared decentralized overall blockchain and self-administering affiliation structure. Regardless, shutting down the entire web/internet can't kill the cold storing decentralized blockchain information.
TICKER: MYID
MYID*ERC20 Contract Address: 0xbee571a0a8599ada125e1a33e56287c3c594a5e2
1 ETH = 500,000 COINS DURING ICO
Hard Cap: 50,000 ETH = 25 billion MYID coins
Total Volume: 100 billion (ERC20) MY IDENTITY Coins
Launch Date: 27th December 2020 9AM Singapore Time
ICO Duration: 60 days
More detail of this project visit these social links :
website : https://okglobalcoinsg.com/
Twitter : https://twitter.com/MyIdentityCoin
Telegram : https://t.me/myidentitycoin
Medium : https://medium.com/@myidentitycoin/
Facebook : https://www.facebook.com/My-Identity-Coin-105559404747595/
Discord : https://discord.gg/7wysmHSk42
Reddit : https://www.reddit.com/r/MyIdentityCoin/
ANN post: https://bitcointalk.org/index.php?topic=5299156.0
Bitcoin talk Bounty link : https://bitcointalk.org/index.php?topic=5300339.0
Writer Detail :
Email : [email protected]
Telegram id : @Tapan20
Bitcoin talk profile : https://bitcointalk.org/index.php?action=profile;u=2532641
Bitcoin talk User name : TDSB999007
ETH address : 0x4dFc1c1845C5cc71332e8cbeC97b9602D6F1B521
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