DEXA Coin- Potential Blockchain Project
A revolutionary APP that may alter the method we tend to send and receive cash round the globe, and at identical time enable individuals to speak with one another through a in-built “Social electronic communication Feature.” the most goal of Dexa Coin is to create the method of causation and receiving cash quicker, safer with simple accessibility to anyone United Nations agency will operate a smartphone device. this can be done by harnessing the facility of blockchain technology which is able to aid in facilitating remittal exchange like ne’er before. By eliminating the middleman and with blockchain as its core technology, we tend to alter the full method and supply a value effective methodology of moving cash. alternative options of the APP embody Instant payments wherever the user pays for his low or dinner by exploitation NFC & QR Code Payment Technology. The APP also will enable it users to attach to their Payment Card Eg Visa / Master Card.
As far as I know, this is a good project, let me talk about the solutions that the project is making for users when using the products of this project. The traditional network information that operates on client-server dynamic is not any longer economical with the current wave of inflow within the cash transfer business. redistributed management can become one in every of the key elements of cash transfers, ultimately removing the risks that accompany centralized control that embody accessibility of the content. Dexa Coin eliminates the middlemen and every one different problems that accompany the standard strategies of remission and cash transfer. Here there square measure solely 2 players within the dealing, and offers complete transparency. As good portable usage is on the increase surpassing two billion users in 2016, causing a refund home has ne’er been easier. With simply a couple of touches on the screen, one might just about create simple money transfers to friends & families alike. It needs a so much less value, takes less time and it doesn’t need animalism to send the cash. In addition thereto, folks can receive notifications on all the transactions being created through their APP. With blockchain as its core technology, it makes cash transfer potential at any given time almost instantly and permits it to be Operational 24/7, 12 months a year. At a later stage into the project, Dexa Coin plans to grow its international reach to new markets, such as implementing postpaid cards that can be useful to people who haven’t got a checking account.
STATISTICS
Many people from less developed countries move to developed countries in search of a higher career opportunities and support for his or her families. Migrants send regarding $ 440 billion to their families in developing countries per annum.
As a result, the countries within the graph on top of ar tremendous forces within the remission and cash transfer industries . Billions of greenbacks ar touched from these countries and cash Transfer Operators play a awfully huge role here. sadly the remission rates charged by the MTOs are high.
The United States sends the most remittance in the world , to the tune of $131 billion . Being a developed, prosperous and productive country, many people move to the USA for a better standard of living and more career opportunities. The top remittance corridor is the USA and Mexico, with $30 billion being sent between private citizens from the former to the latter in 2017.
The graph above shows how rapidly the volume of remittance has grown since the 1970 s.With technological advancements and an increase in the number of remittance firms in recent years,one might expectthat remittance rateshavedeclined.However ,this isnotthecase.Therehasbeensome decrease in remittance rates over the last few years , but nothing signi ficant .Remittance rates remainhigh.
This graph represents some in style payment corridors and also the approximate payment rates
that apersonwouldhavetopay tosend$200USDbetweenthesecorridors throughaMTO.
Itisevidentthatthe payment rates arehigh.Manypeople sendmoney oftentimes, some asoftenas severaltimes in amonth.These charges add up and square measure amajor blow, particularly for individuals whowork
abroad to support their families in developing countries .The average payment fee to send some moneybetweenthesethesecorridors varybetween$10- $20! Now imagine these foreign employees square measure able to send a similar quantity of cash for fewer than a
dollar and in some cases simply a number of cents, virtually instantly through the app.The app permits them to make simple cash transfers and keep connected with family and friends through instant electronic messaging. Itprovidesflexibility andoffers strong security andprivacyprotection. This iswhatDexaCoinstands for.
With ever-growing job opportunities in developed countries, a lot of folks square measure opting to visitthese places for higher career opportunities. This has cause a speedy increase within the volume ofremittance transfers. However, ancient cash transfer strategies have did not catch up withmodern wants. they’re slow, unsafe and costly.Competitors during this area use ancient processes and client feedback is systematically poor.Well-documented issues embody slow dealings speeds, costly charges, incorrect IBANnumbers, poor conversion rates, fee errors and hidden charges.Dexa Coin uses blockchain technology to supply a secure, fast, and cheaper answer to thoseproblems. The app eliminates the middleman and every one alternative problems that keep company with standardmethods of payment and cash transfer. Instead, there square measure solely 2 players within the dealings,allowing for complete transparency.Dexa Coin provides a second electronic communication feature, giving A level of communication not on the marketon rival platforms. With blockchain as its core technology it, permits cash transfers to becarried out instantly at any given time permitting it to be operational 24/7, 12 months a year.There square measure several developers and blockchain comes out there that square measure principally centered oncryptocurrency adoption. but what we tend to do is making a platform that enables anyuser to create straightforward cash transfers round the globe mistreatment our APP. Dexa Coin canrevolutionize the long run of cash transfers by transportation blockchain to the plenty. So I have introduced you to the basics of this project, looking for more information on the project’s media channels.
Website: https://dexacoin.net/
Telegram: https://t.me/dexacoin
Twitter: https://twitter.com/DEXA_COIN
Facebook: https://www.facebook.com/DEXACOIN.DEXA/
Reddit: https://www.reddit.com/user/DEXA_COIN
Medium: https://medium.com/@DEXA_COIN
Youtube: https://www.youtube.com/channel/UCJClcJHPCKkn-lJzJz25NhA?view_as=subscriber
ANN: https://bitcointalk.org/index.php?topic=5158033.0
And I’m chillandrew1511 my link BCT: https://bitcointalk.org/index.php?action=profile;u=2575495
ETH wallest: 0x878cd8b84aec8295d83d0785d99b7c12894384c9
