About Chynge.net
Even though banks can transfer money for their customers instantaneously, they often profit from holding these funds as their cash ‘float’. Cross-border payment fees are saddled with hidden fees from corresponding banks, in addition to the already high service fees and large foreign exchange spreads. Further, ever more complex and demanding regulatory compliance requirements on banks drive up the costs of doing transactions; these are then passed onto their customers. The global volume of cross-border payments is estimated at US $2 trn per year of which US $500bn are from migrant workers sending money home to their families. Although the fees for money transfers have dropped by 22% over the past decade, the actual fees remain high at 7-8% of Gross Transaction Value (GTV).
The technology available today including big data, biometrics, artificial intelligence and machine learning, and blockchain has spurred financial technology (FinTech) companies to create new business models and new financial products to change the way we consume financial services. Chynge democratizes payments by making them instant, free, and safe. We mitigate reglatory risks related to money laundering, terrorism financing, corruption and other financial crimes. Our financial inclusive solutions put money back into local communities that can be used for developing infrastructure, education, healthcare, and social programs, to better the lives of our customers and those they love.
Embrace The Power of Chynge
- Smart Compliance
Chynge fights financial crime with Chynge Central, a self-learning proprietary solution. All customers and transactions are scanned by a combination of pre-set risk indicators and algorithms so that patterns of suspicious behaviour are detected. As compliance officers make decisions with the valuable insights afforded by the solution, the feedback loop is closed in the solution, making it even smarter, faster and more accurate. - Chynge Central Blockchain
Nothing gets lost or falls between the cracks when transactions take place on the Chynge blockchain. Settlement is instant, reliable and effective. - Liquidity Pools
Remittance corridors are most efficient when daily flows are balanced in both directions; however this is seldom the case in real life. The Chynge liquidity pools fill in the gaps to ensure a perfect match. Avoiding bank rails will avert high fees and make transactions free.
The Chynge Solution
Instant Settlement
CLPX Tokens digitize payments on the Blockchain for Instant Settlement.
Zero Fees
Chynge Liquidity Pools in multiple countries eliminate costly bank credit lines.
Secure Transaction
Smart Compliance keeps global corridors free of illicit monies.
CLPX a Payment Token
• Store of value
• Store of currency exchange
• Manages the Chynge Liquidity Pools (LPs) across countries
• CLPX transfer value across countries
• Reduces Settlement Risk, Credit Risk and FX Risk
TOKEN INFORMATION
Token Name : Chynge Liquidity Pool Token
Token Symbol : CLPX
Token Particulars : Compliant on Steller.org
Token Type : Payment Token
Issuance Amount : 3.2B CLPX
ICO Soft Cap : 80M CLPX
ICO Hard Cap : 560M CLPX
1 BTC : 122,745 CLPX
1 ETH : 8,995 CLPX
1 XLM : 3.8245 CLPX
1 CLPX : 0.05 USD
Crowd Sale minimum purchase : 0.040735 BTC, 0.555865 ETH, 1,307.3605 XLM
Crowd Sale maximum purchase : 3.258790 BTC, 44.469150 ETH, 104,588.85 XLM
Purchase CLPX with : BTC/ETH/XLM
For more information please visit
Website : https://chynge.net
Whitepaper : https://drive.google.com/file/d/1s7hxMJ3jCs20h3JqSXvHFwonVZef3rfX/edit
Facebook : https://facebook.com/chynge
Twitter : https://twitter.com/chynge
Telegram : https://t.me/chynge
Author
Bitcointalk Username : xlmlover
Bitcointalk Profil link : https://bitcointalk.org/index.php?action=profile;u=1232458
XLM address : GDTX7D6XN3WXISOLZUXLGYUVRNU55FMEUWOZSWBQVMCULHSJT3BTY4TT