[Cryptocurrency] Entapay(ENTA) - Block chain wishing to reform the national finance
The appearance of Bitcoin appeared due to the global financial crisis. Reliable, reliable electronic money (electronic coin) It is a chain of digital signatures.
Entapage (Entapay) We also support digital payment (Digital Payment). It is a concept that supports use, storage and management by configuring ENtapay, EntaWallet, Entapay Pos device and Entachain in the block chain system. Reducing brokerage fee with block chain technology, dispersal director is to reduce operating costs.
This is applied in the international market as well, so we see it will be a new payment method to exchange international credit card brands such as VISA, Master and so on.
The Smart Contract technology and encryption technology of the block chain technology are assets that securely pay, loan, and credit card without paying the guarantee of a third party bank, which reforms the financial industry The goal is to create a project to support national fiscal reform.
In emerging markets, 2 billion smartphone users will have fewer card users. So using mobile payment solution is to prompt immediate transition in digital payment era with bank payment.
Traditionally, companies have no tools to compensate for the contribution of companies to their users. Promotion level is all, it can not be seen as a reward, stocks are dangerous. Therefore, we are introducing tokens to build a system that can be self-sufficient and to present a way that users can benefit as well as bring them to investors.
I also emphasize what I am supporting from the Cambodian government. Showing interest in the upper level of Cambodia, we are seeking global coins to expand to other countries beyond countries where other countries' governments are also showing interest, and have made places available.
The Entapay wallet application connects the exchange API in the block chain and makes payment at the best price, the coin by the smart screening mechanism. Support for multiple signatures, mobile authentication code, security such as fingerprints are granted. When offline trading, open the QR code and scan the POS machine for transactions to be made.
Enta coin (Enta Coin) makes it so that mining is possible. Because I could use mining machines, I thought of using the PoW method, but it is called mining using 21 standby nodes and high performance nodes by DPoS agreement mechanism.
Also, suppose you deduct the fee and give Entapay deal a 0.5% VAT and compensate Enta Coin buyer for a 40% fee.
It is given the role of terminal by using POS device. We introduce QR code technology, making connection easier. This function provides the function so that you can use owned cash in equipment.
Perhaps, it seems that the banknote storage space for that and the place to collect this are additionally created.
We are pursuing ease of use like Ali Pay which enables us to use even in reality with these payment systems. After QR scan, you will pay with Fiat money. By doing this, Entapay ultimately aims not only as a simple payment method but also as a credit intermediary to carry out functions of cash management, deposit transfer, cash deposit and payment settlement.
Entapay's internal chain consists of Cross Chain and Cross Protocol Service Engine. Cross Chain can manage the connection between the internal Turing Complete Chain and the Non-Turing Complete Chain and set up a collaboration that enables interconnection.
The internal chain is divided into Non-Turing Complete Chain and Turing Complete Chain. Non-Turing is responsible for smart contracts, nEntachain allows roles in exchange and transactions like Bitcoin's block chains.
Turing Chain is a smart contract that operates in the business and finance fields on the side chain of Entachain.
It is an Entapay roadmap.
The project began in September 2017.
Official website will be created in March 2018.
Token sales will begin in April 2018.
The first listing will be held in July 2018.
In October 2018 I will enter the Entapay Payment beta test.
December 2018 Entapay application iOS version 1.0 will be released.
I will release Entapay application Android 1.0 version in January 2019.
2019 April Entapay token mining internal test will be done.
We distribute token mining August 2019.
The Entapay team has pictures only for the representative.
Weibin Deng, Vice Chairman of the Cambodia Block Chain Association, the founder of Huoshan Capital and is referred to as China's Block Chain Venture Capital Alliance Advisor.
Although it looks like a person engaged in the block chain in China, details such as I can not find LinkedIn etc. are unconfirmed.
It is rarely an adviser, but an approver.
Men Sam On is Deputy Prime Minister of Cambodia.
Hing Bun Heang is the head of the security department of Prime Minister Hun Sen.
Central Law Office is an agency that provides legal advice for Cambodia.
Usually it will do doubt because it will be done without an advisor,
Look at COINTELEGRAPH article (https://cointelegraph.com/news/cambodia-soramitsu-planning-distributed-ledger-system) and the article on Seoul Economic Block Chain (http://decenter.sedaily.com/NewsView/1RWVIVEBYJ) When you are led by the government, it really looks.
However, the Cambodian Central Bank may have totally different content that they have collaborated with PinTec in Japan.
In summary, Entapay itself has the concept that most closely matches the role of password money. It is a story saying that the password that everyone is thinking has come out to show that the money or bit coin can exchange real money, to show that it is most in the front.
Building a basic settlement and payment environment is not too difficult when you look at block chain technology and mobile payment technology. The strength that Entapay has when it compares to different password money is great with government driven initiatives. In developing countries, particularly in the case of the Third World, the economy is often encroached by the capital of developed countries, but the Cambodian government has adopted measures such as block chains and password money as a means to overcome this We are showing the position to actively support.
Regulating the password money from the Chinese government, unlike it, the point that it maintains friendship relations with China is why the Chinese can explain why Chinese may be involved in this project There are times when it is done. Even if only in 2016 aid will decide aid of about 270 billion and support the election of Cambodia, it is a friendly atmosphere.
Worrying about real life use seems not to worry than other coins. In Southeast Asian countries, there are many places where communism or dictatorship tendencies are strong, Cambodia is one of them, and if it is a national level system, it seems obvious that usage will increase.
However, as I am troubled, I will worry a bit more about if I can actually use it. In terms of POS machine usage, it means that you have to move in real life, so it is inconvenient to use. It is because we need to use POS machine, not mobile payment.
There is also a competition with Pundi X to expand the Indonesian market. If you cooperate from the Indonesian government, it will be easy to increase the bottom of the market, but it can be seen in unknown whether it will actually be done.
In addition, although it adopted the DPoS method due to the problem of mining, it seems that attractiveness will be reduced if other people participate and use it, because it is a dictatorship state and characteristics in terms of characteristics.
If you believe in the future possibilities of Cambodia, it seems to be a password money if you must invest in believing in the development of the state and the development process of the active project.
Entapay: https: //www.entapay.io/
Kakaotalk: https: //open.kakao.com/o/gEx7vXI
Twitter: https: //twitter.com/entapay
Medium: https: //medium.com/@entapay
Investment is individual freedom, I write a review that I want to help investment.
Please make a successful investment.