Southeast asia is a place of already established blockchain companies and some of these established companies have the same goals as Paycent does, which is to deliver an easy and reliable cashless payment method and an online wallet to the people of any status with the use of the blockchain technology. This includes coinPip from Singapore and also coins.ph from Philippines, which early this year announced that it raised $5M of funding. This leads us to the question, does Paycent still have a room to enter Southeast Asian Region?
The answer is “Yes, it does”. Even if the aforementioned companies are already certified as the best cashless payment options with the use of blockchain, there are still these elements in their service which they lack. One of which is fiat and cryptocurrency, not limited to bitcoin, payments will be available on Paycent. The Second one is a cryptocurrency of their own. Paycent will have their own cryptocurrency called Paycentos, PYN, which will give PYN token holders 33% of the total interest revenue from transactions made within the service and many more possibilities. Lastly is that physical/virtual are going to be issued to the token holders which gives an option for user to easily withdraw fiat money from their wallet.
You can now also participate on Paycent’s Pre-ICO by logging-in to Paycent.com.
This is an ongoing series of articles that focuses on paycent, a payment method that utilizes the blockchain technology , and the things that it has to offer that lines with it’s slogan “Bridging the gap between cryptocurrency and fiat”.
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