GATCOIN IS INOVATION FOR DIGITAL MARKEATING

Hello ico lovers, here we got new token named GATCOIN. let’s read all about it below..

WHAT IS GATCOIN?

The GAT Coin may be a new crypto-currency token that may be launched on the Ethereum main network as a part of a broader enterprise system (GAT System) for world merchants to issue their own branded digital tokens (Merchant Tokens). The GAT System allows enterprises to issue digital tokens to a mass client audience with borderline set-up, permitting them to quickly adopt token usage as a part of their overall promoting strategy. The GAT Coin are the exclusive currency of exchange for the trade of businessperson Tokens on the GAT Exchange.

HOW GATCOIN WORKS?

Imagine if Tom’s favorite airline, LuxAir, issued Loyalty Tokens additionally to the same old “airmiles”. once Tom buys her airplane ticket, the airline problems LuxAir tokens on to Tom’s GAT case. Tom currently needs to shop for a business-class upgrade. Upgrades ar out there on the GAT case forLuxAir tokens and a money supplement. She “buys” the upgrade with a mixture of LuxAir tokens and money. Tom conjointly see that her favorite dress shop edifice, the Red edifice, is providing rooms at low money rates provided Red edifice tokens ar wont to supplement the money purchase. She does not have enough Red edifice tokens to trigger this provide, however has lots of LuxAir tokens. Tom trades her LuxAir tokens for Red edifice tokens, then uses those tokens to get rooms at Red edifice. the advantages to Tom ar obvious. despite the fact that Red edifice and LuxAir ar 2 separate firms, Tom uses the GAT System to “cash in” her gift from LuxAir to pay with RedHotel. LuxAir advantages as a result of the LuxAir tokens Tom sold-out ar currently within the hands of another client WHO is creating a procurement of LuxAir tickets.

Finally, RedHotel advantages as a result of it’s sold-out rooms that will otherwise have remained empty, and has done therefore in a very manner that avoids ancient discount promoting techniques.

GATCOIN TOKEN

The GAT Coin may be a transferable ERC20 token that may be issued and transferred over the most Ethereum network. in contrast to several alternative blockchains that exist to perform one specific set of functions (such as recording the transfer of crypto-coin from one owner to another), the Ethereum blockchain was designed to be entirely “programmable”. What this suggests in plain English, is that whereas normal blockchains like Bitcoin record straightforward possession transactions (hence the widespread analogy of blockchain as a kind of electronic “ledger”), the Ethereum blockchain records computer code that may be run like all alternative program that may unremarkably reside on your computer. So, instead of merely requesting the Ethereum blockchain to record straightforward possession transfers of crypto-coin, users of the Ethereum blockchain will style and deploy miniature programs into the blockchain itself. These programs, that area unit replicated over thousands of nodes, will then perform any variety of functions, from running a straightforward “ledger”, to a lot of advanced functions like following the movement of inventory through a world offer chain.