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Are you traveling to the Philippines? Perhaps, you are a local looking to cheaper and faster transportation system in the Philippine.
You don’t have to look any farther because you can now take advantage of the decentralized payment system offered by Filipcoin. This is a cryptocurrency project that wants to create a unified payment system that would be decentralized as well. We are talking about integrating specific cryptocurrencies to be used as the native payment method in the Filipino transportation industry.
The wide range of decentralized payment options created by this project would be facilitated via the Filipay mobile application.
If you are interested in seeing crypto brought to real life applications, this is the project that could make it happen. Read on to learn more.
THE PRODUCT
The variety of products offered by Filipcoin would be facilitated via the Filipay mobile application. This is part of the Financial Technology (Fintech) strides taken by this project.
The application of Fintech in the Filipino transportation sector would go a long way to create a unified system for financial transactions.
Besides, the Filipay mobile application would be used for many other purposes, including the settlement of debts, accessing other payment gateways and paying ahead for certain services.
FILIPCOIN FOR TRANSPORTATION
Filipcoin is also the native crypto coin for this project. It also doubles as the native crypto asset that would be used for making payments for transportation services offered by the partners of this project.
PAY AHEAD
Budgeting and sticking your financial plan may be a bit difficult, especially when you have lots of expenses to make.
To that end, the Filipay mobile application helps you to stick to your finances, by allowing you to pay ahead for certain services.
This feature is impressive because you can easily settle the future bills instead of waiting for them to pile up – and you may not be ready to settle them at the time.
COLLABORATIVE REBATES
Rewards in the form of rebates are also a part of the feature of the Filipay mobile application. The idea is to empower the holders of the Filipcoin, who would use the coin to shop at specific restaurants and shopping sites. The shopping on those sites and restaurants would qualify the shoppers to earn rebates.
FARE AUTOMATION
Aside from the future payments, Filipay mobile application also allows the users to automate their transportation fares.
This means that you can now set your transportation fare to be settled even before you get to your destination.
CRYPTO TRANSACTIONS ALL THE WAY
The Filipcoin may be the native payment method for this project but it is not the only supported currency. Many other cryptocurrency assets are also supported, thereby, giving you a wide range of payment options to choose from.
Besides, you can now send and receive money in the form of crypto coins from different persons all over the world.
FINAL THOUGHTS
Decentralizing the payment system in the Filipino transportation system is one side of the coin. Implementing several options for this to happen is another aspect that Filipcoin has successfully implemented.
To that end, you can rest assured that this project would achieve all that it set out to achieve in the Filipino transportation industry.
USEFUL LINKS:
Website : https://filipcoin.com/
Twitter : https://twitter.com/filipcoin
Facebook : https://www.facebook.com/filipcoinfilip/
Telegram : https://t.me/filipcoinfilip
AUTHORS DETAILS
Bitcointalk Username- Heroalt
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768763;sa=summary