IOOX

Posted byPejuang Cod45Posted inUncategorized

Cryptocurrency Payment System With IOOX Ring Device

INTRODUCTION

In the age of advanced technology like now, everything is completely digital. In fact, money is now undergoing digitalization. This digital money is also called cryptocurrency. Cryptocurrency can be defined as digital assets that are designed to function as an exchange tool by using cryptography to guarantee financial transactions, control the formation of additional units, and verify asset transfers.Cryptocurrency is a digital currency based on cryptography. Cryptocurrency already existed around ten years ago and has now become quite popular, widespread, and covered with many controversies from innovative developments. Cryptocurrency is a digital currency where transactions can be done online. Unlike printed paper currencies, cryptocurrency is designed by solving cryptographic mathematical problems.Digital currencies are usually decentralized. That is, in general is far safer than those that are centralized. The value of cryptographic-based digital currencies comes from their rarity, and the process of their creation through complex mathematical solving, their unique encryption values, and their beliefs and uses also come from the whole communityThe first cryptocurrency to be present and successful was Bitcoin, which was discovered by Satoshi Nakamoto.Satoshi Nakamoto has succeeded in finding a revolutionary system that is a system that functions to facilitate decentralized digital money transactions. A decentralized money system is a network that is able to connect its users without the need for intermediaries or third parties.Digital currency is perhaps the most effective way the world has ever done to increase economic freedom. If this happens, the implications are profound. It can lift many countries out of poverty, improve the lives of billions of people, and accelerate the pace of innovation in the world.

Vision

We have imagined the future. The future that is closest to us for the payment system. To do this we must forget the present and project our thoughts from time to time. We entered a new world, without paper payment instruments, without old credit cards. Our future jhon will leave the house, enter the coffee shop and pay with our ioox coins by putting the ioox ring on the chest reader.He would not have anything with it, only his own ring or bracelet.In the near future we will pay with the ioox coins and the ioox ring which, in addition to allowing us to pay, will contain our basic information: Blood type, allergies, shelter, how many steps we take per day and what life expectancy we have based on our lifestyle. Enter our future.

Initial Release & Technology

ioox Technology integrates crypto-based currencies into a Blockchain ecosystem with current payment systems. You can carry out daily micro-transactions, every day with ioox coin and the ioox wearable systems (ring or bracelet) and set the daily budget through the remote setting. It will therefore be possible to set up payments with ioox coin in the partner shops or in USD in stores that are not yet enabled.We are developing a tool for everyday life for everyone, and every person we know very well, has different times and approaches to new technologies.Transparency & TrustThrough the management tool it will be possible to set and memorize your ring usage preferences. You can set daily payment limits and track monthly expenses. We want to build a transparent, fast and dynamic ecosystem. A new payment system, not a clone of old systems.ProfitsInvestor profits follow two paths. Increase in the value of the currency proportional to the number of use. We want to reach mass, this is our goal. The second avenue of profit derives from the sale of the technological support, ring or bracelet with the ioox brandPayment FlexiblityEasy payment and payment with cryptographic tokens, these are our mantras. Payments are immediate and can be transferred to any cryptographic wallet.The roadmap includes the design of a secure wallet to hold, receive and send their native coins in total safety.

Ecosystem

One Platform For Mass AdoptionThe native ioox project implementation platform works on the Ethereum network. A reliable and secure Blockchain network. Our choice was guided by the need to exploit the security and reliability of an existing network and apply to it a technology that predicts that by 2020 about 340 million people will use wearable payment systems, smartwatches, rings, etc. source The IHS report Near Field Communications. We will be part of this future and we will be trusted carriers.Final Considerationioox’s primary goal is to make the ioox payment technology used by the masses, creating financial inclusion. Participating in the ioox project means being part of the future. Transactions via wearable device are 40% faster and within a few years they will completely replace credit or debit card transactions. Today is an important day for us.

Advantages

This type of innovative approach and development, which will also be presented for the first time in the world of modern technologies, will allow everyone to massively use the advantages of the cryptocurrency sector, regardless of their age, gender and social status. This will be especially important for retirees, since using the developed ioox devices doesn’t take too much effort and time to master modern gadgets.By the way, the whole range of ioox cryptocurrency and payment opportunities is complemented by the fact that the bracelet and ring will be equipped with all the necessary sensors inherent in smart watches. That is, the bracelet and ring provided will also measure your heart rate, the number of steps taken per day and store information about your blood type, possible allergies, place of residence and other aspects that affect our life expectancy. As far as I’m concerned, this is a very interesting feature, if you only use it for good purposes.At the same time, if you continue to list the benefits of ioox, it is important to note that the main task of the ring or bracelet is to help people carry out their micro-transactions. Which, as many researchers say, doesn’t exceed $ 10 a day. Furthermore, within ioox, you will have access to a function for managing your ioox bracelet or ring, where you can independently enter a limit or a limit on the daily amount of purchases, as well as keep monthly statistics of your expenses. Which I find very convenient. After all, only thanks to statistics, a person can face the truth, that is, keep track of what he actually spent in a given moment.

ioox Token

Coin Name: iooxTickers / Symbol: iooxTotal Supply: 10,000,000,000 iooxDecimals: 8Contract Address: 0xf6923F7d96fc22c4b8010a865e41cF7edfB6379CToken DistributionPublic Sale: 20%Private Sale: 40%Reserve Fund: 10%Team & Founder: 15%Bounty & Events: 6%Advisors & Partners: 9%

ROADMAP

Team

Andrea N: FounderIlenia M: Co-founderMassimiliano: QA & IT ManagerClaudio C: Electronic DesignerSteven Chung: Project Development, BlockchainMonir: Project Adviser & Bounty ManagerFaizan: Blockchain Researcher & Developer

Author: pejuang cod

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2699227

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