Paymon Blockchain Platform

in cryptocurrency •  6 years ago 

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Good afternoon dear friends! Today we would like to dedicate our article to such an issue as the interaction of holders of crypto-currencies and users of block-technologies. After all, there are a lot of significant problems in this area, for example, low bandwidth, architecture, commission for transactions. We have already considered one project that solves these problems.

This is a project called Paymon. Let me remind you a little bit about the essence of the project, so that you will understand. As I mentioned in the last article, at the moment the company has developed a cloud Messenger that allows unimpeded and very easy, and most importantly it is safe to exchange not only usual messages, but also crypto currency. In turn, developers offer users to try a technology such as hive. Which in conjunction with the business platform. Paymon will allow not only to create Smart contracts and carry out transactions without commission, but also immediately test its offered services for efficiency and security. This project originated in one of the student hostels. Initially, it was thought to create a convenient application with the ability to connect online purses of various banks. But after negotiations with many banks it became clear that the project could not be fully implemented. As a result, it was decided to resort to the technology blockbuster and introduce the function of creating crypto-currency wallets. And also a messenger function, for the prostate and ease of use. During the sociological survey it was found out that people want to make transfers of the crypto currency without commission and have the opportunity to pay for goods and services and therefore do not wait for additional confirmations of transactions.

In this article I propose to consider such a crypto currency as Paymon, which accordingly is the internal currency of the project.

In general, the transaction speed should be the same as the standard electronic money provided by the Visa or MasterCard at the moment. It is important to understand that no project can provide this. The developers of the project fully claim that their crypto currency will become as much in demand, for example, as Bitcoin or even that it will be fabulous enough to surpass it. Let's take a closer look at the advantages and functions of Paymon's internal crypto currency.

  1. First of all, this is the safe storage of funds, which is a very important aspect.
  2. The second point is, respectively, the possibility of growth of the asset.
  3. Transfers between users of the network will be carried out instantly.
  4. On the interface, it will be the same for investments in classical assets, currencies or crypto-currencies. What are very convenient.
  5. It is also an important aspect such as hedging currency risks.

I would also like to say a few words about the developers' vision regarding the crypto currency which it should be.

According to the developers, the crypto currency should be primarily anonymous, secondly fast and, accordingly, not have any commissions for transfers. And the blockade itself, on which these crypto-currencies are built, should have the following functional: first of all it is simply scalability, complete decentralization and openness. These three important aspects should be fully respected.

Another important point of the ICO project will be held in three stages. Thus, the developers show that this project is set for a long-term perspective, for development and growth.

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References:

Official website: https://paymon.org
Bounty program: https://paymon.org/en/bounty/#
ICO: https://ico.paymon.org/en/

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