"Simple and easy multi crypto wallet built-in app called TransCrypt powered by new Tizer blockchain"

in cryptocurrency •  6 years ago 

Many concepts are introduced every day into cryptocurrency. But not all have the capacity or perfect synchronization in
what you call progress in the blockchain world. But as I see this project backed up on the internet, I was quite amazed by the short but interesting details of the purpose for a particular product called TransCrypt. Based on the statement I read, TransCrypt will be a useful messenger app that consists of all the wallet functions that can transact cryptocurrency or services that provide crypto payments.

If you are the person handling, bank account transactions, payments and services and also smart people who like to trade with currencies and crypto currency. You may need TransCrypt to reduce the difficulties arising from most of the deficiencies in the crypto world such as hacked, large transaction costs, exchangers, security, security, and other issues right now.

Sounds simple is not it? Let's dig deeper about the TransCrypt project.

What is TransCrypt?

TransCrypt is a single window for all financial transactions, whether it's a transaction with cryptocurrency, token and altcoin purchases, or payments for services - all this is randomly done in your favorite instant messenger interface. You no longer have to worry about payment currency - the conversions in it will automatically redeem the required amount into the requested currency. Thanks to its own blockchain and cryptocurrency Tizer, TransCrypt transactions will be executed instantly and practically at no cost. (Quoted from TransCrypt https://tsrpay.com)

I've seen similar concepts, on some projects like Status Network and more but TransCrypt developers make it easier and simpler for all types of communities. It will be like an app with a regular banking interface to send and receive payments for digital currencies, fiat currencies like sending instant messages. They will also create a user-friendly UI design with intuitive operation and display. You do not need an exchanger to trade your favorite altcoin because they will make a built-in conversion for all crypto money and paper money.

What is special about TransCrypt?

TransCrypt will have TSR tokens under the standard etherium smart contract and the erc20 standard token is compatible with many wallets for starters, but later they will have a 1: 1 tokens token and move to another blockchain called Tizer.

What is Tizer blockchain?

Maybe you've heard of bitcoin if you read this right? Bitcoin as you all know and some of the first generation blockchain operating and working through PoW (Proof-of-Work) This is a confirmation process of a completed work which is an expensive and wasteful method of energy why? The cause to utilize your Poch blockchain requires equipment and energy to sustain its development that only benefits the miners and limits the number of people interested in getting this coin.

Also, there are other projects that depend on what you call PoS (Proof-of-Share) which is also an alternative method. This process does not require expensive equipment and a lot of energy to calculate power and lets you produce more coins but through what we call locking. With the number of cryptocurrency you hold you will have interest from what you save. Now, there is a new system called PoU (Proof of Use) that Tizer blockhain uses. PoU is a confirmation of usage marked by gift giving to the user. How? You can earn by having a coin that gives you an interest like PoS with a little less expensive equipment use because you will only use a mobile device to process it unlike PoW. This is a combination of PoW and PoS but with minimal transaction costs, high speed, and decentralized final proof.

Advantages of the TransCrypt Platform using Tizer Blockchain

With TransCrypt integration to the blockchain tizer, all operations on the ecosystem will be processed through intermediate transfers of any available cryptocurrency into the Tiser transition currency including interconnection operations, crypto conversion, and national currency. Tizer will be used on apps developed under OpenCrypt's open API.

How does the TransCrypt Application work?

Wallet Mobile app TransCrypt works like a regular wallet with built-in system You can easily buy and convert cryptocurrency; direct fiat transactions;
payment with any service; peer to peer transaction; and interact with other digital assets with your fingertips smoothly.

Open your TransCrypt chat window and select the wallet, just click send or receive money. If you are sending cryptocurrency or currency, the recipient will have a transaction confirmation made like sending emoji.

Check their whitepapers for a detailed explanation or join a beta to try their product. https://tsrpay.com/docs/whitepaper.pdf

The people behind the TransCrypt Project

Conclusion

Based on the above discussion, the Transcrypt platform will be an easy-to-use application on Tizer blockchain that handles cryptocurrency transactions that run like instant messengers. one app for all transactions in any currency, instant built-in currency conversion, low entry threshold for small investors, instant network transactions, free network and low commissions transactions.

In this paper, Transcrypt already has a Beta version, which you can try to send and receive cryptocurrency directly in the messenger app (built-in app), convert fiat currency, and load your wallet via QR-code or from another wallet. Now available on iOS and Android mobile devices. Later will be integrated also in MacOS and windows.

For me, TransCrypt application will be one of the best multi crypto purses because of its unique, easy and safe features. I like the concept and can be described just like their statement "SEND AND RECEIVE MONEY like message"

You can follow the TransCrypt project on their social media accounts related to the latest developments of their products.

Facebook
https://www.facebook.com/tsrpay/

Twitter
https://twitter.com/tsrpay

Telegram
https://t.me/tsrpay

Reddit
https://www.reddit.com/user/TSRPAY/

AUTHOR: Gibsoun

https://bitcointalk.org/index.php?action=profile;u=1901151

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