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Introduction


Decentralized Network in Transportation


Decentralization is an important aspect of any blockchain application. Compared to centralized and distributed systems, decentralizing management of data delivers improved accessibility of data, less service failures, and lower transaction costs. Such advantages will help aid automation and interoperability of payment systems.

For example, one of the early concerns when the Philippines started to restructure its public transportation system through its Omnibus Guidelines on the Planning and Identification of Public Road Transportation Services and Franchise Issuance, also the PUV Modernization Program (PUVMP), is the need for a unified fare collection system.

A decentralized network that benefits the multi-sectoral stakeholders of PUVMP and the domestic and international transport sector in general will help provide a secure and cost-effective technology.

About The FILIPCOIN Project?


The FILIPCOIN Token is a crypto-currency built using the Ethereum protocol (ERC20) and Decentralized Ledger Technology. Our goal is to develop and innovate our own blockchain technology which focuses on the decentralized finance, a system of service economy application that will provide practical solutions for our users, investors, and developer partners.

However, we intend to introduce additional functionalities and progressively integrate the application into the Ethereum blockchain.

FCP and FILIPAY features:


  • Decentralized Exchange for cryptocurrencies
  • Automated Fare Collection
  • Pay Ahead that Maximizes Payment Mobility
  • Accessible, Reliable and Convenient
  • Digital Currency as Reward Points
  • Highly Secured E-Wallet
  • Send and Receive Digital Currency
  • Collaborative Rebates
  • Loading Gateways

FILIPCOIN Advantages:


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1. Flexible


This particular use will allow partners from Transportation and other mobile payment application service sector to integrate a payment gateway to the FILIPCOIN blockchain ecosystem. These plug-and-play tools make it easy for anyone with a smartphone to access financial services at a lower cost and will provide ease to its users, hence the beauty of a decentralized system leveraged by having its own blockchain technology.

2. Collaborative


Through decentralization and increased accessibility of available technology developed, FILIPCOIN will be able to cater to significant groups of users and target markets covering Developers, Corporations, Small-Medium Enterprise and End User.

3. Supportive


The whole team and FILIPCOIN holders since 2017 built the greater foundation from the public for continuous support and development of the FCP ecosystem. It will be the responsibility of the team for the cryptocurrency assets, development of coin, and the continuous updates of future products and services under the FILIPCOIN blockchain. Funds received by the FILIP organization will be utilized to further improve the FILIPCOIN in order to increase its value with proper integration of service economic application projects.

4. Exclusive


Exclusive Technologies that are already operational in the Transportation Industry in The Philippines

The team behind the FILIPCOIN is creating a blockchain ecosystem for decentralized applications (DApps) with decentralized exchange (DEX) in the payment service economy sector. Unlike other projects in the cryptocurrency world, FILIPCOIN holders already gains automatic access to a developed and fully-functional application for the Transportation Industry, with additional uses and benefits in the pipeline.

5. Prospective


The first cryptocurrency, Bitcoin, is still the most well-known application of blockchain. However, this technology has since rapidly evolved and expanded in many other areas. The initial hope with Bitcoin was to make both money and payments decentralized and universally accessible. Although Bitcoin failed to live up to this promise, decentralized finance based on blockchain (“DeFi“), also called open finance, is a fledgling technology with potential. DeFi operates via decentralized, permission-less (without any central authority) applications, called DApps, built on a blockchain network, most commonly Ethereum. Visionaries see this as an open-source alternative to every financial service we use today. Picture savings, loans, and trades, to insurance, and even more, as all globally accessible.

6. Safe & Secure


As part of the blockchain technology, FILIPCOIN is committed to deliver secure and compatible platform to an open-source community. Our professional team of developers will utilize the integration of on-chain and off-chain data through technical and conceptual innovation.

What is FCP token?


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The FCP Token will be used to power the FILIPCOIN service economy software initiatives, as well as to reward or be paid for participating in peer-to-peer payments.

With a maximum supply of 168 Million FILIPCOINS, 83,868,000 Million of the total created tokens will be earmarked for the ICO, which will last two months. It should be mentioned that the FCP minimum is 100 FILIPCOINS.

TOTAL SUPPLY 168,000,000.00


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FCP Already Listed On Exchange!!


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To get Filip Asset instantly send Nxt to this address.


Here: NXT-BK4W-7ZXH-3822–8M6MV


  • 100 NXT : 100,000 FILIP ASSET
  • 200 NXT : 250,000 FILIP ASSET
  • 300 NXT : 400,000 FILIP ASSET
  • 400 NXT : 600,000 FILIP ASSET
  • 2500 NXT: 3,700,000 FILIP ASSET

Holders Privileges


Exclusive privileges are offered to FILIPCOIN holders to provide premium for participating in the ICO. Owning of Filipcoins are prerequisites to accessing the services and projects that holders may use and utilize, allowing them to maximize its purposes and accompanied benefits.

Presented below is the breakdown of privileges offered for different Filipcoin holders:


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FILIPCOIN Roadmap :


FILIPCOIN is aimed at being a relevant mover in the country’s increased ‘fintech’ competitiveness. And with an increased acceptance of cryptocurrency in the Philippines, time as well as timing, is highly significant.

Phase 1 - Q4 2017 to Q4 2020


  • FCP TEAM
  • Development of an Informative Website
  • FILIPCOIN’s comprehensive whitepaper, roadmap, ICO details and timeline overview
  • Creation of FILIPCOIN
  • INITIAL COIN OFFERING – TOKEN SALE

Phase 2 - 4 - Q4 2017 to Q4 2021


  • Affiliate Site
  • Bounty rewards, and airdrops
  • FILIPAY Mobile App
  • Complete Features of FILIPAY Transportation System
  • FCP Mobile Wallet
  • External Wallet for Filipay and other partner companies

Phase 5 - Q4 2021 to Q4 2022


  • Monetary Integration System
  • Phase 6 - 2021-2025
  • FILIPCOIN Blockchain Ecosystem
  • Exchanger Platform API Development (Open Source)
  • Decentralized Finance (DeFi)

The Leadership Team


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Partners


We are proud to include our list of clients / partners in making Automatic Fare Collection System for Transportation possible.

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To conclude:


The goals and ideas behind FILIPCOIN are broad and comprehensive. To understand more about the project, its implementation and functionality, and for your first investment into a digital token aimed at supporting transportation and other service economy applications,in the service economy sector, FILIPCOIN is developing a blockchain ecosystem for mobile application services. FILIP's goal is to build a social capital platform for service economy applications that incorporate blockchain technology to deploy and enhance a decentralized transaction protocol system to serve and address the interests of all its participants both locally and worldwide. You can visit www.filipcoin.com

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Useful links to the project:



AUTHOR

Bitcointalk Username: DEWI08
Telegram Username: @dhewio8
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=894088
ERC-20 Wallet Address: 0x53D1Ea8619E638e286f914987D107d570fDD686B

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