Senin, 30 April 2018

Impressio - Cryptocurrency investment platform for users to invest and grow their money



This introduction explains the most important thing about cryptocurrencies. After reading it, you will know more about it than most other humans. Today, cryptocurrency (Buy Crypto) has become a worldwide phenomenon known to most people. Although somewhat geek and not understood by most people, banks, governments and many companies are aware of its importance.In 2016, you will struggle to find a large bank, a large accounting firm, a company of leading software or government that has not done any research on cryptocurrency, published an article about it or launched a blockchain project. But beyond the noise and press releases, the overwhelming majority of people - even bankers, consultants, scientists and developers - have very limited knowledge of cryptocurrencies. They often fail to understand basic concepts. Not many people know it, but cryptocurrencies have emerged as a by-product of another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin, the first and most important cryptocurrency, never intended to invent a currency. In his announcement of Bitcoin at the end of 2008, Satoshi said that he developed "a Peer-to-Peer electronic cash system". His goal was to invent something; many people have failed to create before digital money. The most important part of Satoshi's invention is that he has found a way to build a decentralized digital treasury system.IMPRESSIOAbout Impressio  Impressio Estate, Ltd., is a UK-based cryptocurrency investment platform for users worldwide to invest and grow their money, whether paid for at a time or gradually. We offer unique investment plans for all types of investors. There are many people who do not know how to invest in cryptocurrency, or who just do not have the time and / or the energy to do it. Impressio takes care of all these needs for them, and goes beyond their investors. Impressio is currently focusing on investment opportunities, but is proud to enter the lending business by 2019. efficiency and transparency of the blockchain are really untapped and Impressio hopes to maximize opportunities in the investment and credit sectors. This allows Impressio to be in a unique position to benefit from investments and loans.Why Impressio For the user:  Participation in a major investment / loan project Stable earnings accumulation based on an investment program with the possibility of daily / hourly withdrawals Fast deposit transfer and instant processing of all requests for payment withdrawal Overall approach to developing programs to encourage active users Support 24/7 and a quick fix to any questions you might encounter. For Merchants:A unique code which is adaptable to any online platform with a high degree of protectionUse of automatic payment processing - API - with low commissionThe ability to make mutual settlements in any liquid cryptocurrency or Impressio tokensConstant support and software update by experienced developersHigh rates of partner reward for local and international Impressio promotion For business development and security: Close and mutually beneficial cooperation with the ImpressioCompensation development team guaranteed for the identification of software bugs and finding solutionsThe opportunity for professional growth and acquisition skills required in the field of web development. ACCEPTED PAYMENT

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Author by: Hellokitty6

Jumat, 27 April 2018

LICERIO - Brand platform advertising on social networks

Hasil gambar untuk licerio bounty
The Internet and social networks have become an important part of our lives. Studies show that more than 70% of customers are looking for goods and services on the Internet. Social networks have become a source of business development. The community using social networks is considered 3 billion, and this number continues to grow.
Online advertising is very effective, and when used intellectually, the advertised material can receive thousands of views a day. It is well known that social networks today are powerful advertising tools for brands and interaction with customers.
Nevertheless, the creation of a smart advertising campaign and attracting customers is expensive for advertisers. Advertisers spend 50% of their capital, paying other costs, such as VAT, bank charges and other expenses, which leaves them very little income at the end of the day. In addition, online advertisers also face stiff competition, advertising blocks of programs and constantly need to adjust their advertising campaign.
How does Licerio work? 
Licerio (LCR Token) is a new platform where customers advertise the brand by reselling promotional materials on social networks, and they receive a discount for an item equal to those collected, which they liked when reselling. The platform uses the influence marketing principle, and blockchain technology is included. The Licerio platform also has a LCR marker. The platform will reduce the costs incurred by advertisers by 5%. The platform will also ensure the involvement of customers in the business, which will lead to the growth of small and medium-sized businesses around the world.
The platform will also interact with online stores through widgets and real business segments, using mobile applications for advertisers and customers.
The platform is also useful for webmasters who want to monetize the traffic of their website. They will provide customer service to advertisers on the platform. Webmasters will be rewarded on a commission basis.
Brands can also organize a competition on terms and offer a good service or sale as a reward for the winner of the competition. Active users can re-post promotional materials that promote the brand, which will increase brand awareness. After the contest, the system will select the winner using a random number.
The platform also has another program that directs customers to the site using their geolocation. The advertiser can contact customers located 800 meters from his point of sale. Customers can use the Licerio mobile application to display a map showing advertisers near their location that are connected to the platform. Customers who are further from the advertiser receive higher discounts compared to those who are nearby. This feature will be useful for advertisers who may be in places where the minimum client traffic is.
More information about ICO Licerio 
Licerio (LCR) is a marker based on the Ethereum ERC20. The badges that will be sold during the ICO will be 70% of the total number of tokens. The remaining 5% will be distributed among the partners and project consultants, and 10% of them will be saved for the bonus program. The ICO will operate from July 2018 through September 2018. Accepted forms of payment will be in BTC and ETH. Signs will be evaluated at 1 ETH = 400 LCR.
Token symbol: LCR 
Token start: May 28, 2018, 12:00 GMT 
End of trade on the token: September 2018 
Price of the token: 1 ETH = 6000 LCR 
Total delivery: 15,000,000 LCR 
Standard token: 
Soft cover: 500 ETH 
Hard cover : 2500 ETH
Fore More Information: 

Licerio

LICERIO is a platform where brand is advertised by customers by reposting advertising materials in social networks and as a reward they can get a discount for an item of goods/services equivalent to the number of collected likes. The system is based on Blockchain technology with its own cryptographic LCR Token.
LICERIO will reduce advertiser`s costs to 5% and will provide guaranteed customers.
Advertiser creates an advertising campaign that has settings for his own target audience. When creating his advertising campaign, he specifies what amount of tokens he is ready to spend.
According to the exchange rate of LCR token, the platform calculates what number of likes and views advertiser will get.
Besides that, the advertiser specifies maximum possible discount as well as cost of one “like” for his customers.
A potential customer is reposting advertising materials into social networks. The platform collects accumulated “likes”, avoiding any ways of cheating.
According to the amount of collected “likes” and the cost of one “like” set by advertiser, the system calculates discount size for customers as well as converts “likes” into tokens of which system`s commission fee will be written off.
DIRECTING CUSTOMERS
One of platforms options is involving customers by means of geolocation. If an advertiser doesn`t want to wait for his customer, he can get customers who are located within the range of 800 meters from his point of sales.
Customer starts LICERIO mobile application. At “Discounts beside you” tab a map displaying advertisers who are connected to the platform will open. The farther customers is from an advertiser, the larger discount he will get when he comes to a point of sales.
First of all, this feature will be useful to advertisers that are located at such places where there is no big customer traffic. This discount won`t be added to the discount that customer will get by reposting advertising materials.
We live in the world where the Internet and social networks have become an integral part of our daily life. According to research data, more than 70% of customers are searching for new goods and services in the Internet and these are social networks that have become the main source of business development.
Social networks community numbers 3 billion users and worlds advertising budget is U. S. $77 billion and with each year this number is increasing. But now creating a smart advertising campaign and getting a long-waited client is a really big deal; advertisers spend 50% of their advertising budget for paying VAT, covering bank charges as well as for covering expenses of paying for marketing managers job and don`t cover all their expenses in all cases. Besides that, there are issues related to high competition, incompetent advertising campaign adjustment and adblocking software programs as well.
We are creating LICERIO — the platform where brand is advertised by customers by reposting advertising materials in social networks and as a reward they can get a discount for an item of goods/services equivalent to the number of collected likes. The platform is based on influence marketing principle and its ecosystem is based on Blockchain technology with its own cryptocurrency — LCR Token. LICERIO platform allows reducing advertiser`s expenses to 5% and reliably involving customers into his business what will give the opportunity for growth for small and medium-sized businesses throughout the world.
Feature
Key features of LICERIO platform
•Quick advertising campaign development
•Reduction of labour and time costs
•Ease of use and availability
•Global coverage
•Operating costs and commission charges reduction
•Free marketing tools
•Customers` acquisition guarantee
Market Analysis
Future belongs to social networks. Brands interact with social networks community more and more often.
With the development of the Internet, new types of advertisement have appeared that are available not only for the audience of your region or your country but throughout the whole world. Online advertising is very efficient. Being placed in a smart way with all the peculiarities of the Internet taken into account, advertising materials can get dozens of thousands views in a day.
Nowadays, it is commonly known that social networks are a powerful tool of brands and customers interaction.
Research shows that only for the last year the number of users of social networks has increased by 13% worldwide. At the beginning of 2018 the number of potential consumers has reached 3.196 billion people which is 42% from the total number of global population. The growth of social networks popularity is determined by the convenience of their use as they allow people not only communicating with each other outside local boundaries but also offer them content exchange and sharing.
The main benefit of social networking platforms is a broad coverage. More than three billion people in the whole world use social networks not less than once a month with 90% of social networks users are using mobile devices for that.
Brands are investing more money into advertising for their interaction with the audience, however, it doesn`t appear to be so convenient because of the large fragmentation of mass media content.
In 2017 the volume of global advertising market in social networks amounted U. S. $43.78 billion. And at the beginning of 2018 the revenue of this segment of the market already reached U. S. $51.304 billion. At the same time it is known that the average return is U. S. $17.24 per user.
Experts predict that these values will increase by 10.5% by 2022 resulting in market volume reaching more than U. S. $76 billion.
A great number of marketing managers establish contacts with customers using services of opinion leaders; however, such policy puzzles consumers more and more and due to large-scale involvement of such collaborations consumers tend to trust the recommendations of their acquaintances more.
One-third of respondents actively reacts to ads reposting made by their friends.
Making a research of this phenomenon attention should be drawn to the audience behavior. A private message that contains an ad received “from a friend” attracts attention of not less than 33% of surveyed what increases the efficiency of advertising by 13%. The number of “likes” in posts also has a good influence on the reaction of consumers as it is associated with information relevance and popularity. These are advertising integrations via acquaintances that have the strongest public response among potential customers.
Information that is transferred via social networks has a format that is different from the standard type of advertisement as users themselves spread the information, therefore, advertising material is transferred by itself by means of buzz marketing and doesn`t require any effort to be made on the side of advertiser. When posted content systematically gets a big number of “likes” or “reposts”, the flow of new customers continuously increases without any additional expenses on advertising and information that is obtained this way immediately takes the form of recommendation and the level of confidence in it is accordingly higher.
Licerio Platform
•Starting your advertising campaign with 2 clicks
You will have no difficulty in starting your advertising campaign — you will only need to choose social networks for reposting, adjust user filtering and create ads. Users will be reposting advertising materials of your brand in social networks and getting a discount for an item of goods or services equivalent for the number of collected “likes” as a reward for that. When starting advertising campaign brand specifies the number of LCR tokens it wants to spend for that; the system will forecast the number of “likes” and views that it will get. When total number of “likes” collected by users equals the one requested by the brand, then the ad wont be further displayed. As soon as the customer comes to get a discount and finally gets it, his “likes” will expire; the system charges commission in the range from 1% to 5% for providing a customer to the brand and the ad is being displayed again. If the user hasnt come to get a service for 20 calendar days from the time of advertising campaign completion, then his “likes” and discount will expire.
•Retargeting groups
Brand may collect groups of users that have committed certain actions, for example: they watched the ad, hid it, reposted it, left a “like”, made a purchase. This will allow the brand to use the audience data both inside the system and for native advertising in social networks as well.
•Internal CRM and Analytics
Each customer that has made a purchase or got a service will be recorded into the internal CRM by the system that will calculate the economy and make up the profile of brand`s target audience
•Customers beside you
LICERIO platform will allow getting customers not only by means of advertising campaigns but instantly. There will be “Discounts beside you” section in the mobile application, where the map with brands cooperating with LICERIO platform will be displayed when it is launched. Brands will be displayed within 1 km range and the farther the distance to a sales point, the bigger discount customer will get when he comes to get a certain service.
Customer is selecting the sales point of interest and the application will map the route to it; customer will watch discount increase while moving towards the sales point.
•Contests
Brand may arrange a contest, setting up its terms and conditions and an item of goods or service sold by it may be used as a reward for winning in that contest. Users will be actively reposting advertising materials what will give positive publicity to the brand, thus, building brand awareness. After contest is over, the system will automatically choose a winner by using a random number generator and notify him about it. A certain number of tokens will be blocked on brands account before the winner gets an item of goods or service. After the user has got the item of goods/service at stake, tokens will return to brands account with service fee written off of it.
•Transparency
Every customer can submit a review and rate the brand what will help to attract the attention of new customers and increase the level of their confidence in the brand.
•Accessibility features
Such tools as posting to social networks will be available for a brand, which will allow easily spreading information through all platforms. Merchandize catalogue for Instagram is a tool that allows brands that are selling goods in this social network to create their own unique mobile-friendly webpage at which customers can look
through a merchandize catalogue and make an order and pay for it if it is possible. Besides that special widgets will be provided for e-commerce purposes. These widgets will allow customers to get a discount at brand`s website.
What is it created for?

Now creating a smart advertising campaign and getting a long-waited customer is a really big deal. Advertisers spend up to 50% of their advertising budget for covering banks and payment systems commission fees, expenses for rewarding advertising agencies and CPA networks, advertising platforms and services.
Banks and payment systems
Commission rate is 3 - 5% from the amount of payment
Advertising agencies and CPA networks
The amount of reward is 15 - 25%
Advertising platforms and services
The amount of reward is 5 - 15%
LICERIO will reduce advertiser`s costs to 5% and will provide guaranteed customers.
The platform will give new opportunities for Internet-marketing.

The platform can easily interact with online shops via widgets as well as with real business segments by using mobile applications for customers and advertisers.
Besides that, the platform is available for webmasters who want to monetize their web-sites` traffic, offering their customers service of our advertisers. Webmasters get rewards from the commission fee paid by advertisers for their customers.
Blockchain tehnology in

Cashback & loyalty
Global cashback service with LICERIO. Users receive bonuses in the form of tokens by purchase of goods from our partners. The system forms a single bonus wallet, customers can share bonuses with friends, exchange for a discount in any affiliate store.
Powerful marketing tool

Decentralized contests
One winner. Hundred new customers.
Contests in social networks - this is a great way to tell about yourself a huge audience of users. Decentralized system will make the contests transparent, the client will receive an award, and the brand will increase awareness and trust among customers.
Roadmap
Q3 2017 Basic interfaces design and project architecture creation Development of software and cloud service architecture
Q4 2017 Creation and optimization of a search engine for customers Development of cheat protection algorithms in social networks
Q1 2018
Launch of a web-platform for webmasters Creation of analytical web resources Advertiser`s CRM system creation
February 2018
Creation and audit of Smart contracts for brands and their customers Creation of profiles for advertising agencies and freelancers Implementation of advertising campaign creation for brands
March 2018
Creation of widgets for e-commerce Automation of certain tasks in advertiser`s analytics
April 2018
PRIVATE TOKEN SALE
May 2018
TOKEN PRE SALE
Q2 2018 Creation of user profile “Customers beside you” function Creation and audit of Smart contracts for webmasters, advertising agencies and freelancers
July 2018
First round of Token SALE
Q3 2018
Introduction of LCR tokens at popular cryptocurrency stock exchanges Implementation of additional marketing tools Implementation of the functions of search and interaction of brand with advertising agencies and freelancers Creation of iOS- and Android-based mobile applications for brands and customers
September 2018
Second round of Token SALE
Q4 2018
Increase of the number of available social network Launch of the platform in Russia and CIS countries Large-scale advertising campaign for the attraction of brands and customers
Q1 2019 Launch of the platform in Europe
Q2 2019 Worldwide launch of the platform
Distribution of tokens
LCR tokens will be compatible with ERC20 standard. 5% from the total amount of tokens will be released for partners and consultants (they will be released upon the completion of all phases of token sale), 10% will be saved for the bounty program, 15% of tokens will be released for the team of the platform and the rest 70% will be released for sale. The total number of released tokens will be equal to 100 000 000 LCR.
PRIVATE SALE
START DATE: April 25, 2018, 12:00 GMT
END DATE: May 15, 2018, 12:00 GMT
MINIMUM TARGET: 2500 ETH
Private sale token exchange rate: 1 ETH = 8000 LCR
Minimum investment amount: 10 ETH / 80000 LCR
Maximum investment amount: Without limitation
Investment methods: ETH, BTC
BONUSES: 100%
PRE SALE
START DATE: May 28, 2018, 12:00 GMT
END DATE: June 10, 2018, 12:00 GMT
MINIMUM TARGET: 2500 ETH
PRE-ICO token exchange rate: 1 ETH = 6000 LCR
Minimum investment amount: 25 ETH / 150000 LCR
Maximum investment amount: Without limitation
Investment methods: ETH, BTC
BONUSES: 50%
First phase of token sale
START DATE: July 10, 2018, 12:00 GMT
END DATE: July 29, 2018, 12:00 GMT
MINIMUM TARGET: 2500 ETH
PRE-ICO token exchange rate: 1 ETH = 4000 LCR
Minimum investment amount: 0.1 ETH / 400 LCR
Maximum investment amount: Without limitation
Investment methods: ETH, BTC
BONUSES: 25%
Second phase of token sale
START DATE: September 1, 2018, 12:00 GMT
END DATE: September 21, 2018, 12:00 GMT
MINIMUM TARGET: 2500 ETH
MAXIMUM TARGET: 14000 ETH
PRE-ICO token exchange rate: 1 ETH = 4000 LCR
Minimum investment amount: 0.1 ETH / 400 LCR
Maximum investment amount: Without limitation
Investment methods: ETH, BTC
BONUSES: 20%
Author by: Hellokitty6

What is ENTRY?



ENTRY is a blockchain based banking service designed to increase the flow of cryptocurrency in the real economy. 

ENTRY is a multi-utility financial platform supported by AI. ENTRY is designed to allow people to use fiat and crypto currencies in their daily purchases without actually worrying about the technology behind the system. 


ENTRY envisions being a real global bank in the post-fiat world. The entire framework is structured to increase the usefulness of all crypt tokens and simultaneously facilitate everyone who still wants to transact in fiat. The ENTRY product package allows it to touch the financial life of each crypto user and change it for the better.

ENTRY business modelEntry.
MoneyCryptocurrency and fiat payment gateway for e-store. Personal and business accounts (deposits, withdrawals, instant cryptocurrency transfers & fiat). Web and Mobile app versions. Debit card.Entry.ExchangeCentralized cryptocurrency centralized and ultra-fast and instant P2P. High security standards, world-friendly services and support for beginners around the world.Entry.NetworkOpen source code, wallet, custom blockchain, smart contract, and custom technology Token creationplatform.Entry.BankBlockchain allows fast and uncomplicated cross-border payments at a cost a very low Engine. Entry.CashCash / ATM system.Transfer, cash out or top up with cash (using agent or money machine). Payment Gate for POS (real shop, service provider). It will also look to have a payment card in the future for easy access to fiat and crypto.Token Entry will be used on the ENTRY platform as the main digital currency. Used in other platforms as the primary currency or not cryptocurrency. Can be exchanged for exchange.

Entry Mission:
To be the gateway between the paradigm and the traditional and new financial systems led by cryptocurrency and empower the financial ecosystem to have a framework that allows interoperability between the two.

Destination entry:
  • To help cryptocurrency achieve conformity for everyday transactions and open up the world of crypto finance to every citizen.
  • To keep transparent records of all transactions in the ecosystem.
  • To expand the use of cryptocurrency for purchases and payments around the business world.
  • To create a simple and versatile platform to revolutionize traditional methods of dealing with the banking system.
Benefits of use and platform




Cryptocurrency

Entry.Money and payment gateways for online stores. Personal and business accounts (binding, dragging, instant currency transmissions and crypto fiat). Versions for web apps and mobile devices. ICO ENTRY Detail Debit Card.

Entry.Exchange Crypto
currency is centralized and p2p is superfast and instant. High security standards, beginners and services supported around the world.

ATM / ATM system . (WU cryptocurrency). Transfer, dismantling or charging cash (using an agent or ATM).Payment Gateway for POS (real shop, service provider).


Entry.Bank
All financial services (deposits, insurance, investments, loans, factoring).

Entry.Network
Open source, wallet, special block chain, smart contract, user platform to create tokens.

ENTRY
Token Token ENTRY is designed for best use of our services.

Sell ​​token

ENTRYToken SymbolERC-20Token BackgroundUtility (KYC/AML Required)Token Type25.000.000 ENTRYSOFT CAP325.000.000 ENTRYHARD CAP590.000.000 ENTRY
pre-ICO
From 10 to 30 April
phase: 
0 - 50 000 000
Tokens introduced 
public
Price: 
0,10 €
Private: 50 000,001 - 75 000 000

ICO (sales marker ENTRY): Company Code: 11043841, Company Address: 160 Kemp House, City Road, London, EC1V 2NX, UK. Company name: Entry Money Ltd,

Completed ICO 
July 30, 2018

ENTRY  Token is an  electronic and virtual currency token that will flow in the ENTRY ecosystem. This is the Token currency of the ENTRY platform used for peer-to-peer transactions and micro payments. This will be a medium of exchange for transacting on the platform and utilizing ENTRY's banking and financial services.
Before the launch of the ENTRY platform, will undergo sales training Token. The funds raised inICO will be used by the team to develop the ENTRY.Ticker Symbol ENTRYToken Background platform based on the ERC-20Token Type UtilityToken Sale Date April 17 - July 17, 2018 (Temporary) KYP / AML Required For all ICO participants before or after US customers. (Please check your country's previous laws) SOFT CAP  25,000,000  ENTRY /2,500,000  EURHARD CAP  325,000,000  ENTRY /  80,500,000  EURReady Project Status MVPTEAM ReadyMoney Institution License ReadyCurrency Accepted for ICO Fiat Currency: EUR, USD, Debit CardCurrency: ETH, BTC, BCH, LTC, DASHand much moreTotal ENTRY Coins  590,000,000 million.






Department of International Development:
Company Name: OX Energy Ltd,
Company Code: 302680548,
Company Address: J. BalĨikonio 3, Vilnius, 08247, Lithuania

Licensed Money Institution for Fiat Services:
Company Name: PAYPAY.LT Ltd,
Company Code: 302830631,
Address Company: J. BalĨikonio 3, Vilnius, 08247, Lithuania

For more information visit the following link:




PLATFORM ENTRY BLOCKCHAIN

What is ENTRY? 
ENTRY is a blockchain-based banking service designed to increase the flow of cryptocurrencies in the real economy. It is an AI empowered multi-utility financial platform. ENTRY is designed to allow people to use fiat as well as crypto currencies in their day-to-day purchases without really having to be concerned about the technology behind the system. ENTRY envisions becoming a truly global bank in the post fiat world. Its entire framework is structured to enhance utility of all crypto Tokens and simultaneously facilitate all those who still want to transact in fiat. ENTRY’s suite of products allows it to touch the financial lives of every crypto user and change it for the better.

Why ENTRY? 
The global financial crisis revealed significant weaknesses in the existing financial system and some of the vulnerabilities have already exhibited their impact on the interconnected global market. The world economy is still struggling with sluggish real growth today. Transferring money for remittance, money lending across international borders is still very complicated, time consuming and expensive. Existing systems running on traditional banking channels are slow and full of intermediaries, higher exchange rates, counter-party risks, bureaucracy and extensive paperwork9 . ENTRY’s business model is focused on disrupting the existing pillars of finance who only act as toll-keepers without providing any value-add to consumers and businesses. Removing the numerous intermediaries would make the system faster, more secure and cost-effective for all involved.


ENTRY is a blockchain - based platform empowered by smart contracts; it which not only acts as a bank by offering easy deposits, payment and lending services, cross-border payments, ATM facility/convenient withdrawals, but also as a cryptocurrency exchange for the business and consumer world.

 Mission Statement: 
To be the gateway between traditional and new financial paradigms and systems led by cryptocurrencies and empower the financial ecosystem to have a framework that allows for interoperability between the two. We aim
 To help cryptocurrencies achieve suitability for everyday transactions and open the world of crypto-finance to every citizen.
 To keep a transparent record of all the transactions in the ecosystem.
 To expand the use of cryptocurrencies for purchase and payments across the business world.
 To create a simple and all-in-one platform to revolutionize the traditional methods of dealing with banking systems.
 ENTRY’s suite of comprehensive banking products and services will ensure a new benchmark in banking and financial services.

PROBLEM AND MARKET SCENARIO
The financial crisis of 2008-2009 led the general public to lose faith in the global banking system. This distrust was one of the prime motivations in the birth of Bitcoin, a cryptocurrency developed by a person or a group of people named Satoshi Nakamoto. The loss of trust in the banks led to the emergence of a peer-to-peer “trustless” electronic cash system based on a technology called blockchain.


THE INTERMEDIARY WILL FADE AWAY
The fundamental value proposition of the blockchain is that it eliminates the need for trust — a commodity without which exchanges of value (transactions) cannot happen. This means that individuals and businesses can do away with a whole bunch of intermediaries whom they pay for managing trust. 2

Bitcoin is just one application of the new technology (blockchain). The advent of cryptocurrencies has led to a worldwide boom where new innovations are being brought onboard structured through pioneering crypto Tokens to disrupt existing traditional industries.


SURGE IN CASHLESS PAYMENTS 
Global non-cash transaction volumes grew 11.2% during 2014-2015 to reach USD 433.1 billion, the highest growth of the past decade. Debit card and credit card transfers were the leading instruments in 2015, while check usage continues to decline globally. Debit card accounted for the highest share (46.7%) of the global non-cash transactions followed by credit cards with 19.5% in 2015.

The RBR (Retail Banking Research) study shows that the share of credit transfers has also increased. They tend to be used for high-value payments, such as salaries and business-to-business payments, and account for 89% of the value of cashless payments.

The impressive growth of cashless transactions will continue, with cards increasingly being used for low-value payments, supported by the spread of contactless cards and EFTPOS terminals. Meanwhile, growth in credit transfers is being aided by the implementation of systems enabling