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INTRODUCTION
If you love globalization, it is very important to start thinking towards cryptocurrency. If you live and work in places that its accessibility is a bit rigorous digital money can make things a lot easier. Commercialization and investment are made easy with the use of digital money because with access to internet transactions can be done over mobile phones and computers. Making it easier because of trust issues is the blockchain process that is transparent and trustless. Now it will be a lot easier if a city is made a smart city on the blockchain. Working towards achieving a smart city in Timor Leste is the understanding the Invech group are putting together to achieve this.
Invech group are set of experts from mostly Asian countries who are into various business from mining to real estate to oil and gas and tourism. These businesses when set up in a decentralized platform will improve economic growth remove wastages and government interference.
The Timor Leste has faced a lot of lack in their economy, they don’t have a unified fiat currency. They adapted the US dollars and some part also uses the Indonesia currency. This has brought imbalance and accountability. It also made the sharing economy unequal. So the Invech group will solve this by introducing the Invech exchange through a cryptocurrency Invech token called (IV). The government of Timore Leste has licensed this and are in full support. This will open Timor Leste to the world and help them develop. A good example is individuals in Timor leste can order for products online from other countries and pay with cryptocurrency. Is it a good idea? The cryptoucrrency will also eliminate inflation and booster small and medium size businesses.
BENEFITS OF THE INVECH TOKEN
i. Crypto – Fiat – it will now be easy for the people of Timor Leste to covert the Fiat they have to IV token with ease. This Fiat includes the US dollars, Indonesia currency and other currencies.
ii. Peer to Peer payment- It will now be easy to make payments for good and services. Once an individual or a business accepts IV token or other cryptocurrency this can now be sent with ease.
iii. The IV token will be the main value for exchange on the Invech business which span to a lot of industries.
iv. The platform is already licensed by the government so it is going to be low risk investment.
v. Individuals that join the Invech exchange early enough are going to enjoy huge discount in both purchases of the token and in transactional periods.
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INVECH BUILDING THE SMART CITY
From the above mentioned benefits one can deduce how the smart city can come about. Combining all economy to a platform that will make transactions easy is one sure way to improve a city. Activities that includes, health, science and tech, infrastructure, education and energy handled with a good economy.
INVECH TOKEN
The Invech token is built on the etheruem blockchain, which allows fantastic smart contracts written on it. Below are other information available for the initial sales
Ticker: IV
Platform : Ethereum
Exchange rate : 1 IV = $0.4
Soft cap = $24 million USD
Hard cap = $60 million USD
Useful links
Websites https://invech.io/
IEO link: https://ieo.invech.io/index/tokensale
Whitepaper: https://ieo.invech.io/index/tokensale
Telegram: https://t.me/InvechOfficial
Btt ANN: https://bitcointalk.org/index.php?topic=5052844.0
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Profile link : https://bitcointalk.org/index.php?action=profile;u=1223251
