Introducing OKSCHAIN Platform
Digitization has opened a broad world for everyone. Almost all aspects of human life has been digitized. Technology has simplified the livelihood of every mankind and linking the world together as one.In this digital era, no matter your race, color, or nationality, our world has been linked together. With our internet connected devices we can study anywhere in the World online, we can as well find the job of our dreams anywhere in the world as long as we possess the qualification. What am trying to point out is the one world that digitization has opened for everyone. In the same vein, Digitization has connected the world with a single currency CRYPTOCURRENCY which overrides and liberate us from the slavery and restriction of any government of the world. Cryptocurrency has come to stay! Today, I will be discussing with my readers an inspiring blockchain project named OKSCHAIN.The team of OKSCHAIN platform are visionary class of leaders who sees the right direction where the future is heading to. They are willing to offer the world a first class decentralized financial ecosystem that offers a wide range of financial services. We have this class of companies in the existing Centralized set up but their services are not effective and transparent enough. In this article, i shall broadly explain how OKSCHAIN planned to disrupt the global financial system and why it really worth investing in this class of project.
About OKSCHAIN Platform
OKCHAIN is a blockchain powered financial ecosystem offering a wide range of financial services to the global users. OKSCHAIN solution will simplify our financial management system, offering diverse means of investment for everyone. Users will be able to perform any kind of financial activities at any point in time with their internet-connected smartphone. OKSCHAIN application will enable easy management of user's digital assets, secure storage of digital assets, offering payment system which will enable users able to exchange cryptocurrency to fiat currency.
EXISTING CHALLENGES
The giant among the Centralized payment system in the world has gained so much ground and they do not deliver satisfactory services to their clients.International money transfer sometimes is complicated with some territorial and government regulation that makes the whole process complicated for clients.
Several cases of transaction delay has been reported. Money transferred by the sender are placed on hold indefinitely, this could happen under the pretext of fraud suspicion which could delay payment for more than a week. The security standard of these systems are vulnerable to attacks by hackers.Several cases of stolen funds has been reported where funds transferred are being claimed by someone else.
In the area of securing loans, the traditional banks will demand collateral with a referee.All these requirements are too rigid, OKSCHAIN will only need borrower to deposit some amount of cryptocurrency as their collateral to the lender before they could have access to loan.
Cases of stolen funds from different Banks account are being reported. Hackers know how they steal user's personal information such as Credit card information to carry out frauds. The security in Banking system is not to write home about. OKSCHAIN is planning to solve this security problem by offering Bank like service to their prospective clients. Blockchain Secured wallets will be developed where users will be able to store their digital assets, transfer them, investing and converting their crypto assets to fiat when there is need for that.
SOLUTION
(i) ALL IN ONE MULTI-CURRENCY DIGITAL WALLET : OKSCHAIN will offer to their global users all in one multi-currency wallet where users can store their digital assets Securely. The wallet will be powered by blockchain and integrated with some powerful security layers, which will make it more secured .Users will be able to exchange their digital assets and cryptocurrencies for FIAT through the wallet.
(ii) LOANS ISSUANCE THROUGH CRYPTOCURRENCY : OKSCHAIN will provide a secured lending platform where borrowers and lenders will connect themselves i.e P2P lending service, this will enable the borrower obtaining loans directly through Cryptocurrency as Collateral.
(iii) OFFERING EXCHANGES SERVICE WITH LOW FEES : OKSCHAIN also plan to offers exchange service for digital assets in which the rate of conversion is extremely lower rate.
(iv) INTEGRATION WITH MODERN PAYMENT SYSTEM : OKSCHAIN will partner with some payment processor which will enable crypto -fiat convertion possible at the lowest commission on conversion.
CONCLUSION
OKSCHAIN is providing the necessary infrastructure required for the development of the cryptosphere. The sophistication of products and services offered by this company will allow it to attract a higher number of users within the shortest time frame. The flexibility of okschain service makes it multi-purpose platform where merchants, traders, and investors can access all they need using one single powerful apps. OKSCHAIN offered a broad range of financial services ranging from Peer to Peer lending service, offering multi-currency wallet, Exchanges service with fiat option, and many more. It really worth been attentive to this class of project.
Official Resources
Website: https://account.okschain.com/
Whitepaper: https://okschain.com/documents/okschain_wp_eng_1.0.pdf
Telegram: https://t.me/okschain_en
Twitter: https://twitter.com/okschainfintech
Facebook: https://www.facebook.com/Okschain-107247530682357
Medium : https://medium.com/okschain
Reddit : https://www.reddit.com/r/OKSCHAIN/
Authors info
Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile;u=2694371
Bitcointalk username : Abosedemop
Eth adddress:0x01f63d53845786A0c6366E94c7462E3e973Ccf8F