Multi-Level Marketing systems face a lot of problems, and top of the list is payment processing and this is as a result of stringent regulations, policies, and restrictions from the government. This move by the government is putting a stop to the system’s ability to grow.
MAVRO being a transparent and decentralized platform for MLM structures created from Blockchain Ethereum has the ability to solve the problems MLM face.
The MAVRO platform is designed to create a payment solution system for Multi-Level Marketing. The MAVRO is packed with benefits, some of which are:
• Security
A peculiar encryption method will be used for verification of exchange of asset or cash, however, this digital cash system does not rely on an outside agency or a national bank. There is a secure network operation as there is the decentralization of cryptographic types of digital cash. In addition to this, there is the highest level of security on the network, and this security is offered by a very powerful algorithm.
• Flexible
The good thing about a decentralized monetary system is that rather than combine the opportunity and the way the activities are managed, and send them to a local, solitary specialist, so rather than have a single entity controlling the exchange, the system distributes the qualities to the users that are interested in the network or system.
• No Constraints for Investors
There are a thousand questions that involve asking the reason why decentralized cryptocurrency standards are perceived to be a superior system to the symptomatic monetary standards. A decentralized monetary standard provides a high level of security. This helps users be flexible when doing transactions where there are no direct interference or regulatory constraint.
• Network Obscurity
Where transaction with MAVRO is concerned, the bulk of your transactions cannot be traced. The innate security of a decentralized cash network like bitcoin has had a positive effect on users. The system gives users the ability to make secure and private transactions on a public ledger. The ledger’s public nature allows for transparency and this model is important for a successful MLM business for the businesses executing a direct sales model and the user. This transparency is important within the MLM system because it gives users the ability to securely get their payment from businesses and allow users do their businesses safely.
• Remittance
A specific measure of a currency which is used for business transactions can be identified as “settlement of assets” Specialists in monetary policies constantly try to balance out the cost involved in the process while seeking to expand the speed of transaction with the help of technological innovations. This task is very important in solving the issue of remittance of payments and the settlement of assets. Cryptocurrency with its use of blockchain technology is the solution to this issue.
• Regulatory and Impact Constraint
No one is responsible for the supply of asset or monetary policies; this is why it is called “decentralized”. Every form of money that is not digital cash, is governed, resolved and regulated by the government or an agency. In light of this, decentralized digital cash cannot be controlled or regulated.
The MAVRO platform intends to take after the shared MLM economy, where transactions can happen directly and quickly without interference.