🔴🔺🔻 Psyche Coin = cryptocurrency that is faster and more user-friendly 🔴🔺🔻

ico-cryptones (28)in #usd1 • 4 years ago

Foreword

Blockchain - The technology that supports cryptocurrency, since its inception, has contributed to changing the world's view of technology. With its exponential speed, a number of brilliant ideas have been applied through this technology to decentralize the industry from the banking sector to agriculture.

E-commerce

Startups can improve their financial development by building relationships with leaders in the e-commerce and retail industries. The blockchain platform is believed to be able to help users / consumers control their data, simplify the process in e-commerce and make it more secure.

Banking

Blockchain is revolutionizing banking by providing a digital, secure, and capable platform for transactions without a centralized authority. In its journey, the presence of Blockchain has actually opened up great development opportunities for the banking industry which was originally going to be disrupted.

Agriculture

Blockchain will continue to animate the agricultural sector, offering transparent means to understand, identify and record products and their journey. Farmers, consumers and food retailers all benefit from implementing blockchain. The Blockchain ecosystem ensures that every step of the product journey is permanently recorded.

Real estate

Blockchain technology is able to provide a better choice than traditional ways of recording the real estate industry. Blockchain can help facilitate faster, more reliable, and cheaper transactions for homeowners and home seekers alike.

Tourism

Dubai will be the first city to pursue tourism activities using technology that will enable it to increase the distribution of tourism products and services through a virtual business-to-business marketplace. By creating a large-scale open market ecosystem, this allows international guests to directly select various tourism products and services in a safe, transparent and real-time manner.

Supply chain

Effective logistics operations depend on transparency and accessibility, but today's industrial infrastructure has basically neither. Irregular shipments, occasional delays, damaged goods, and a lack of transparency are breeding grounds for corruption. Both on a local and global scale, blockchain-based supply chains are much more robust, effective and efficient.

Blockchain technology is changing the world very fast. Since the emergence of this technology, it has a large enough demand for both development and commercial use. Over the next ten years the banking, agriculture, supply chain management and other industries are expected to continue to utilize blockchain to increase efficiency.

#psycheusd #USD1 #PsycheCoin

About Psyche coin

Psyche Coin has born as a faster and more user-friendly cryptocurrency that can be utilized by a child. Creating easy accessibility for everyone is our motivation. The entire cryptography follows a similar method that can be understood only by tech-savvies but Psyche is revolutionizing the potential blockchain technology to follow an easy method that is understandable for everyone.

What’s New in Psyche Coin?

Psyche has the vision to give the world a better future in digitalized currency. As we surely can see the future improvising newer features that are beneficial for every user. Psyche protocol includes:

Security:

In the app, the user is being allowed to set a private key and pin to authenticate the transaction. Certain information can never be cracked because Psyche utilizes cryptography to save the account information. The account credentials are encrypted, remains stored, and only users have the authority to reset the password. Users can also add another layer of security using 2FA with Google authenticator.

Speed:

In Psyche, you can have speedy progress of transaction as it does not require the entire network to approve and process each transaction. Therefore, the transaction reaches just in a second. The system can manage up to 3000 transactions per second and it is upgradable.

Signed Transaction:

Psyche knows the consequences you face if you send money to a wrong address. Therefore, we implemented a six-digit unique code bound to submit for the completion of a transaction. The encrypted code is visible to the sender only which can be shared with the receiver.

Cost:

Another benefit of using Psyche is its cost minimization policy. Psyche can be transferred from one wallet to the other without any charge for five transactions in a day. After five free transfers, the user will be charged only 0.25 percent per transaction. There is no other interceder or any kind of hidden costs.

Scalability:

Psyche conforms with strong scalability due to having the innovative algorithm and process. Users can have the facility of pairing with the smartphone around the world to enjoy the smart transaction system. Psyche can manage millions of active users in a day.

Making Assets:

If you are thinking about making assets, you can purchase from the Psyche community and earn them through referral. Psyche recommends to sell at the rate of $0.98 and buy at $1. The respiratory component of the protocol manages and distributes accurate pricing in real-time. You can have the key properties of the respiratory including authentication, capacity, transparency, and accuracy.

Environment Friendly:

Psyche has an aim to be the most environmentally-friendly cryptocurrency. Hence, it makes sure the entire network does not need to have involvement in every transaction. The P2P transactions take place directly through MasterNode.

Project benefits

The protocol has several advantages:

fast transaction. This process should take no more than half a minute.

Accept / decline payments. Psyche has made a major breakthrough in transactions, allowing any recipient to accept or reject an incoming transaction.

Security. To authenticate transactions, each user can set a pin code and private key.

Confidentiality. One of the best features of this algorithm is that it doesn't display online wallet balances.

The transaction ID will only show the value of the transaction itself, not the balance at both ends.

There is no commission for transfers. From one wallet to another, 5 transfers per day are allowed without commission. Starting with the sixth transaction, a 0.25 percent commission will be charged per transaction to ensure that the system is not spammed.

Caring for the community. Psyche will give 100 coins every month to those in need. Its goal is to reach 10,000 people, including users and their families, especially those living in poor countries.

ROADMAP

Developers will continue to develop Psyche Stablecoins. In the first quarter of 2021:

● P2P Marketplace will be launched. This will allow people to sell their own digital services, assets and legal goods via the web. It doesn't require any approval, no high commission.

K2 2021:

● The updated RefleX algorithm will help improve Psyche;
● there will be P2P asset exchange. This will allow people to exchange their own cryptocurrency portfolios for US dollars and other coins, no commission is charged.

In the fourth quarter of 2021:

● smart contracts will be integrated;
● The soul test blockchain network will emerge;
● ERUO stablecoin will appear.

About tokens

A total of 30,000,000 tokens will be issued. They started selling on November 5, 2020. At the same time, residents of China, US, Korea and Afghanistan will not be able to participate in the token distribution.

It is important to understand that the use of coins is not limited, but only for legal purposes. Tokens can be sent and received as assets, bought and sold as commodities, stored as savings, donations, etc.

conclusion
You can join the project now and become one of those who own Psyche coins. As the crypto community exposes the internet to projects, private sales can end ahead of schedule. The total number of coins put up for sale was 100,000. Private selling invites interested parties to buy coins at a discount before entering the ICO.

MORE INFORMATION :

Website: https://psyche.cash/
Whitepaper: https://psyche.cash/whitepaper/
Medium: https://psycheusd.medium.com/
ANN: https://bitcointalk.org/index.php?topic=5283530.0
Bounty BTT: https://bitcointalk.org/index.php?topic=5284376.0
Twitter: https://twitter.com/psycheusd
Facebook: https://www.facebook.com/psycheusd
Medium: https://medium.com/@Poolz
Telegram: https://t.me/psycheusd
Instagram: https://www.instagram.com/psycheusd/
Reddit: https://www.reddit.com/r/PsycheCoin/

Author : ico cryptones

Telegram : @icocryptones
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2010260
ETH WALLET : 0xf861464abAbC6fC291B59Ac71c428F0293F65347

#psycheusd #psychecoin #defi

4 years ago in #usd1 by ico-cryptones (28)

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