CRYPTOCURRENCY AND COINTED: AN INTRODUCTION
The global financial condition industry is perpetually evolving, perhaps it believes in the coinage developed by Heraclitus, the Greek philosopher which says "Change is the only constant." Of late, what has been the most sensational in the industry is the advent of blockchain technology. The Bitcoin is the first cryptocurrency which has enabled people around the world to transfer money, pay for shopping across the world which takes place within the ambit of a peer-to-peer decentralized network. Cointed is a new conceptualization which has been brought forth for providing a linkage between cryptocurrency and fiat currency. Cryptocurrencies are globally adopted and not restricted to any country. It offers a varied range of working blockchain based products and services. Cryptocurrencies have evaded the cumbersome process of conversion of money by transcending borders. Cointed has been created in order to ease consumers' work of converting cryptocurrency into fiat currency and vice versa. The intention of Cointed is to satisfy consumers' demands by delivering safe conversions in a secure, fast and affordable online environment.
Presently, financial globalisation is a growing phenomenon which a multi-billion dollar industry. By the year 2025, it is assumed that the industry is going to touch the 5 trillion mark. Surprisingly, the majority of the revenue is generated from developing markets which have tasted bitter experiences while facilitating payments across borders. It has enabled flexibility in transactions worldwide. The Company possesses a successful business model and is financially sound and procuring substantial profits. It also offers mobile hardware solutions. At Cointed, an array of services is at the disposal of the consumers such as:
- Cryptocurrency Trading on the Cointed crypto exchange.
- Cointed is the biggest provider in Europe of Multi-Cryptocurrency ATMs.
- Payment Solutions, which can be integrated into online shops and existing cash register systems.
- Green Mining at multiple mining farms throughout Europe. With environmental-friendly mining with hydro and wind power, Cointed ensures a sustainable growth of the blockchain.
Cointed is on its way of acquiring a banking license. Other upcoming requirements from authorities are also being evaluated in order to have a legal framework in place.
COINTED: THE EXPANSE
- Crypto ATMs
Cointed has successfully installed Multi-crytocurrency ATMs at 70 locations across 4 European countries. These ATMs are good quality machines and adhere to safety standards whereby barely any maintenance is required. It adds new locations to its network every week. Cointed offers 2 different varieties of ATMs which are as under:
Compact one-way ATMs: These ATMs allow the customers to purchase a wide range of cryptocurrencies; and
Two Way ATMs: These ATMs provide an option to exchange cryptocurrencies for cash.
Crypto Payment Card
Cointed has collaborated with WaveCrest and shall soon be introducing a Crypto Debit Card in the fourth quarter of 2017 with innumerable advanced features for their clients. To add to the benefits, Cointed is offering a Cointed Limited* for free for the first 1000 participants in the Pre-ICO who shall be investing a minimum of 20 ETH. All the flexibilities of a regular debit card shall be applicable for the Crypto Debit Card. By the second quarter of 2018, mobile phone applications for iOS and Android shall be made available for managing the Crypto Debit Card.
Moreover, due to advanced in-app security, chip technologies and PIN code safety, the Cointed Crypto Debit Card has become comparatively safer than carrying cash. Cointed shall be offering the following services:
Storage on the wallet along with USD/CHF/GBP and EUR popular cryptocurrencies BTC, BCH, ETH, ZEC, DASH, LTC;
Conversion of currencies through Cointed's exchange or mobile application at a subsidised rate;
Creation of a partner network for the introduction of Cash back system;
Opening of deposits and application for loans in any of the cryptocurrencies;
Utilisation of card at any Cointed ATM with lesser fees; and
Making instant money transfers between network participants across the globe.
Cryptocurrency Exchange
This Exchange shall have the provision of common payment methods such as SEPA and SOFORT transfers, Credit Card, Western Union, MoneyCram, etc. It shall contain customisable dashboard which will help users access all information real quick as well as Cryptocurrency online wallets for convenient trading and selling. Cointed offers all payments and withdrawals for crypto wallets free of charge.
1.Payment solutions via the Payco Payment Interface
Cointed integrates PayCo in existing cash register systems and online shops allowing merchants anywhere to accept all kinds of cryptocurrencies
2.Cryptocurrency Green Mining
Cointed boasts of being one of Europe's leading cryptocurrency mining companies having multiple mining farms spread across Austria and Sweden. All Cointed's farms are powered by renewable sources such as hydro and wind-power. It also has developed specialized mining containers which could be easily shipped where the customers want the same to. Cointed has a unique system to its name whereby the client mines with his own hardware. The customer purchases the hardware from Cointed with a hosting contract.
HOST OF ADVANTAGES
- Minimum Risk and Costs
- Merchants profit through wider client base
- For initial token backers who have the benefit of using Cointed services at the lowest possible cost
FUTURE RECRUITMENT PLANS
Cointed is going to use its funds to the optimum levels by recruiting well qualified and experienced IT Development Experts within a span of two years. More to it, Cointed shall be paying special attention to have non technical staff on board with departments such as marketing, law, finance, human resources, administration and customer support.
AT COINTED: THE CONCLUSION
To speak in a nutshell, Cointed strongly believes in innovation and introduction of new products in a bid to satisfy customer needs and providing them with the best of financial facilities. Hence, investing in the ICO shall definitely be a good idea to reap the benefits thereafter. It is a booming industry and shall continue to be young and dynamic in the years to come. Cointed, of course, shall be there to help with the needful.
Important links:
Website: https://cointedtoken.com/
Whitepaper: https://cointedtoken.com/COINTED_Whitepaper.pdf
Authored by: Etheran (Btalk Name)