MELECOIN PLATFORM - ADDING MORE VALUE IN DIGITAL TRANSACTION USING THE BLOCKCHAIN

in #melecoin4 years ago

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Since the introduction of decentralized finance, several digital tokens or cryptocurrency have been created to ease its adoption, the use of this digital tokens facilitates seamless payment and transactions for everyone, this is because the parties involved in transaction do not necessarily have to be present and it works quite well in cases where big funds is involved.

However, despite cryptocurrency gaining momentum in the financial industry, the need for a wide scale adoption is pertinent and as a result, we will consider MELECOIN, a crypto model designed for the electronic commerce industry.

WHAT MELECOIN PLATFORM IS ALL ABOUT

This is a blockchain based network designed to further drive the adoption for DeFi, it is a network that specializes in the areas of banking, investments and e commerce.

Since the use of digital currency is limited to a few patent projects, some transactions and investments, the MELECOIN network has broken through the barrier by proffering the already mentioned services under a unique currency developed on the substrate, melecoin.

Furthermore, the melecoin currency is programmed in the blockchain technology and integrated into various commercial fields like supermarkets, games, tourism, electronics, and others for a full beneficial DeFi experience.

The melecoin substrate also facilitates a secure, transparent, reliable, efficient and cost effective payment system for stakeholders within the platform, it also has a custom design mastercard and ATMs to bridge the wide gap between real world and digital currency.

Some of the products of the Melecoin ecosystem include…

  • Innovative ATM and master cards to create a link between real world and digital currency.

  • Portfolio management facility for secure transactions.

  • Loyalty program to appreciate community support.

  • Artificial intelligence to keep up with the pace of development in the modern age.

MELECOIN is leveraging the blockchain network to expand the scope of banking services, smart investments and electronic commerce and scale both centralized and decentralized business environments as well as create a link between traditional and electronic transactions while utilizing the melecoin token as the hub of transactions.

PLATFORMS WHERE MELECOIN TOKEN IS PROPOSED TO FUNCTION

  • GAMES PLATFORMS

This has always been a source of relaxation and fun for subscribers, and a good way to spend one's leisure, meanwhile, this industry has evolved so much as users are rewarded for engaging in the platform since blockchain and DeFi was introduced. MELECOIN seeks to amplify this by creating an opportunity for game developers and customers to interact and allocate platform profits among users, all with the unique token.

  • E-COMMERCE SYSTEM

This substrate entails a smart transaction system that links several commercial contract means including bonds, assets, goods and services to the blockchain technology. Linking these to the blockchain will help in the attainment of full decentralization and address issues of electronic and traditional commercial activities.

  • MINING OPERATIONS

These involves the validation of transactions by miners, users who are successful in validating transactions are incentivized with new cryptocurrency for their contribution in the transaction process.

Melecoin seeks to facilitate the mining of crypto as it is one of the successful projects of the modern age.

  • BANKING SUBSTRATE

The integration of the blockchain infrastructure for transactions and unravelling of channels of multiple clouds. It facilitates deposits, transfers and other available banking services for users.

  • THE REAL ESTATE SYSTEM

Using the blockchain, the rationale behind the establishment of this platform is to eliminate the complexities and Rigmaroles in real estate deals, instead of the paperwork processes like signing contracts for sales ,purchase or lease applications, one can send a certified, encrypted interim agreement to the designated banks.

MELECOIN TOKENOMICS

The melecoin token is the energy for the melecoin network, the digital currency facilitates its functions, operations and the development of the project.

It is an ERC-20 standard cryptocurrency designed on the Etherum blockchain structure and is utilized for payments, incentives and other monetary transactions within the ecosystem.

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CONCLUSION

Melecoin is designed to check the irregularities in banking services, e-commerce and smart investments, with its innovative digital token MELECOIN, it hopes to reshape how individuals interact with the blockchain network in traditional and digital transaction environments.

USEFUL LINKS
Website: https://melecoin.net/
Whitepaper: https://melecoin.net/images/wp/EN.pdf
Telegram: https://t.me/Melecoincommunity
Facebook: https://www.facebook.com/MELECurrency
Twitter: https://twitter.com/melecoin
Medium: https://medium.com/@melecoin.net
LinkedIn: https://www.linkedin.com/company/melecoin
Instagram: https://www.instagram.com/melecoin/

AUTHOR’S DETAILS
Bitcointalk Username- Vunchan
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784

Proof of authentication: https://bitcointalk.org/index.php?topic=5293754.msg55892251#msg55892251

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