It is no secret that the blockchain technology is gaining good momentum and it is planned to introduce it by many public and private companies to simplify many processes and accelerate them, it has already shown how it can instantly raise money to finance interesting and promising projects.
But there are still many countries that doubt the usefulness of digital currencies and the fact that they can be used for various fraudulent activities, although it can be traced with traditional money, so crime must be fought by other methods.
Already the top platform shows the usefulness and efficiency of its products and services, for example, Ethereum allows you to enter into partnership transactions based on smart contracts and this solves the issue of trust between the parties and reduces the risk of fraud, XRP allows you to make millions of financial transactions anywhere in the world for minimal fees.
More and more large companies are going to release their own cryptocurrencies to get rid of a lot of intermediaries and better contact with their customers, get better feedback from them and meet more needs. So the global application and adoption of such payment systems and interactions is only a matter of time.
Moreover, legal exchanges and smart cities based on blockchain technology are already beginning to be created, and today I give you one of them, it is called Invech!
Invech is a cryptocurrency exchange that sets a primary goal of the widespread use of its own tokens in Timor Leste and help them develop, recover from the war and oppression that have occurred over the past few decades and plan to allocate 10% of the profits of the organization.This is a very noble and useful idea for solving many problems that now exist in this territory. Behind this exchange is Invech Group, licensed and approved by the government of Timor Leste and created by a group of experienced businessmen, experts from Malaysia, China, Hong Kong, Indonesia. The project has already received 9 licenses for doing business in different directions.
INVECH tokens will allow residents to finally get rid of the constant fast-growing inflation, as they now use only other traditional currencies and do not print their own. It will also give a flow of new investments from anywhere in the world to the development of local small and medium-sized enterprises.
The team plans to expand the use of tokens, here is only a small list of them: health care, payroll, insurance, education, e-Commerce, payment systems. After all, the distributed registry system helps to capture a large amount of data, quickly analyze them and draw conclusions for more effective and necessary solutions for people.
Invech also wants to set an example and create public blockchain services in order to get a new more sustainable economic model with high incomes, to develop a platform for order management and procurement, where all processes will be transparent and honest.
And this is not all areas that will work thanks to Invech. To explore in more detail and to read about them you can on the links that I leave below. Token holders will have excellent advantages in this ecosystem and, if successfully developed, will be able to increase their earnings and gain more knowledge about the digital industry.
The team
More Information
Website: https://invech.io/
Whitepage: https://tokensale.invech.io/documents/ieo-whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=5052844.0
Twitter: https://twitter.com/invechexchange
Facebook: https://www.facebook.com/InvechExchange
Telegram: https://t.me/InvechOfficial
Author: Oteemit
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2626538