Social Wallet - Integrating Cryptocurrency Into Social Networks

in blockchaintechnology •  6 years ago  (edited)

Cryptocurrency has recently gained immense popularity, and it is now very difficult to find a person who would not have heard about it or encountered at least once. There are a lot of projects that even more popularize the digital currency, and Social Wallet is among them. Its creators have set a truly necessary goal for modern community: to create a functional set of social networks and cryptocurrency capabilities.

https://socialwallet.io/

At the moment, the main task of Social Wallet developers is to implement in its platform the capabilities of a full-fledged and reliable currency exchange system that will operate on WIRE's own token. It is planned to make sending cryptocurrency as accessible as possible without the need to pay all commissions, for example, through social networks like Twitter or Facebook.

On the basis of the platform, you can create high-quality content, for example, for a particular brand, taking into account the needs of its audience within social networks - this can be test articles or video materials, various animations, entertainment content or hashtags. Content should be distributed to fully reach its audience, so it is possible to get millions of potential customers and thereby monetize the work of creating content.

          

The creators and developers of Social Wallet believe that to date most cryptocurrencies do not have a high transfer rate, and there are reasons for this that need to be corrected. First of all, this arises from the fact that the system is built on not properly worked out algorithms, which do not allow ensuring a full, uninterrupted operation. Secondly, it can be influenced by too many users of the system, which does not allow the implementation of possible speeds during operation. To solve this problem, Social Wallet specialists also developed their own tokens with no need to use complex systems for their transfer - they will be transmitted quickly and reliably through social networks. Also, with the help of cryptocurrency assets in social networks, it will now be possible to transfer any data quickly and efficiently. The result of such work will please, in the first place, users who can now not just quickly and safely transfer money, but also get a good reward for their actions.

https://socialwallet.io/

When creating the Social Wallet system and own WIRE tokens, one of the main points for developers was the security of user data, their confidentiality. The Social Wallet system will integrate social network user accounts through a reliable EARN connection. A currency wallet can be used when working in any social network without having to worry about its contents and other personal information of a user. The uniqueness of the Social Wallet project is also underscored by the fact that the creators have already concluded an agreement with a reliable provider of debit cards to create their own convenient Social Wallet debit card. Thus, the currency wallet on the basis of Social Wallet will be integrated with a debit card, which will make instant payments anywhere and anytime with the ability to monitor the balance.

             

As a result, the Social Wallet opportunities make up a good competition for such popular money transfer systems as Western Union, PayPal and other well-known companies.

Every person uses social networks almost daily and makes money transfers - the creators of Social Wallet decided to integrate these opportunities to ease the daily life of users, save their time and money, and also allow them to earn. Social Wallet allows transferring money with the help of social networks - this opportunity has appeared thanks to the use of blockchain technologies, so the process is fast, reliable and completely safe. Remittances are possible at the international level, exceeding in quality and convenience the functions of popular currency systems. 

Website: https://socialwallet.io/
Whitepaper: https://socialwallet.io/whitepaper.pdf
Telegram: https://t.me/socialwallet
Facebook: https://www.facebook.com/SocialWalletInc/
Twitter: https://twitter.com/SocialWalletInc
Medium: https://medium.com/@socialwalletinc
ANN: https://bitcointalk.org/index.php?topic=3001533
Author:  https://bitcointalk.org/index.php?action=profile;u=980049 

bountyhive username: denvil

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Good article.Will create wallet and test it ;)

Nice, you should do it!