UPLEXA: A REMEDY FOR LACK OF ADOPTION OF CRYPTO MONEY.
PUBLIC VIEW
The future of cryptocurrency lies in its ability to become as flexible and ubiquitous as the Fiat money of which it hasn't attained that level yet. How will it get there? How will that be made possible? This might probably be the questions of those reading this right now. Not to worry at all because this can surely be done with the assistance of uPlexa which is a project that plans to advance the cryptocommunity with its Innovation with the use of IoT devices in its innovation that will make mining possible and all the activities will tends towards increasing the adoption of cryptocoins so that they can become useful both online and offline by anybody in any part of the world.
WHAT IS UPLEXA?
There has been a steady improvement when it comes to making payments so far in the cryptoworld but it hasn't reached a satisfactory level of adoption. UPLEXA is only trying to push further so that the financiaI system of the block chain can gain massive improvement within a short while. Although several problems are known to be associated with that but this project will eliminate the traditional elements that has hindered the flow of payment using crypto coins and set a new standard that will be helpful to erase all forms of error with the application of IoT devices and other models that will contribute perfection to it.
uPlexa has this great Innovation to transform the system of payment and this is in conjunction with IoT devices that makes users able to hide their real identities and trade anonymously through a peer to peer type of operations. The intelligence of the team has brought about a perfect platform with strong features of security that makes payments safe such that users wouldn't need to worry about that and will just focus on trading and other programs. The security features takes it source from the block chain itself. uPlexa is an advanced network that is well planned such that its programs are able to fit in to the latest tech and satisfy users the same way. Before this platform came on board, all the transactions done by users have had passed through third parties that made the cost involved in the transaction cost much. Now that it makes users conduct these operations without these third parties, things will take a new turn This feature is one that makes anonymous transactions possible for users and then it makes an operation that might probably take more time before done within a short period of time. There will be full automation of services given to users and that will make users get new experience. The block chain still stays in charge of all this especially with the way this platform uses a CryptoNight algorithm and an advance tech. All these in collaboration and values to users and the community at large and ensures sure protection for users.
ADVANTAGES OF UPLEXA
With the mining devices, users will be able mine and earn from the ecosystem. Thanks to the algorithm used because it will help modify these process and bring about great improvement.
Since the IoT mining uses full electricity that needs to be sustained by paying for it, the mining will make it possible to meet up with the funds to be used in paying this bill and users who mine the uPlexa coin will be doing that to help them save up and use the funds as they like but it will be done at the same rate for users to avoid being bias. This platform uses so many IoT devices that includes smary tv, desktop, smartphones, tablets and other ones that are related to IoT depending on what users love to use most.
To avoid unnecessary congestion in the system, it has designed a structure called the Non zero congestion to handle this and that will manage the mining activities such that the fees charged don't be the reason for congestion and it is made affordable for users. Users will be in control of their personal data and with that they will have power over hackers and those who don't mind stealing from them. Payments will be done successfully by users using all kinds of cryptocoins and they won't have to undergo the stress that is once associated with that anymore.
CONCLUSION
Monetary transactions will be done with ease now because the problems facing it has been solved. Users will be able to take advantage of this platform globally and this will increase the level of adoption of the uPlexa platform. All the risk involved in all of the operations it will support won't affect the initiator of such operations which means that it priortizes user's protection more than anything else.
USEFUL LINKS;
Website: https://uplexa.com
WhitePaper: https://uplexa.com/content/uPlexa-Whitepaper-EN.pdf
Discord: https://discord.gg/E49jjbQ
Medium: https://medium.com/@uplexa
Reddit: https://www.reddit.com/r/uPlexa/
Github: https://github.com/uplexa/
Twitter: https://twitter.com/uPlexaCoin
Facebook: https://www.facebook.com/uPlexa
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759