The use of cryptocurrency in the modern world becomes a popular type of payment and provides a high level of competition to existing payment systems. Of course, it would be very convenient to make payments both in fiat and cryptocurrency from one server. This would save the population from numerous registrations on different payment systems, accelerate the process of payment for various services and save money on exchanging fiat money into cryptocurrency and vice versa. But modern payment services such as Visa and Mastercard are in no hurry to work with digital currency and offer a wide range of services, but in non-cash form. The creators of the Joys project solved this problem and launched a unique project that allows making purchases and paying for services both in cryptocurrency and in fiat from one platform.
Key features of Joys
Joys is a decentralized blockchain-based platform that operates all over the world. The company is officially registered and has confirmed its reliability. The platform allows working with any cryptocurrency both sellers and buyers. Joys project uses ready-made POS solutions through the implementation of the API. Joys project allows cooperation of many world companies, and their number is constantly increasing. On the platform, you can set up the function of automatic exchange of cryptocurrency into fiat upon receiving of funds to a user's account. Conversion is carried out at the rate at the time of receiving money. Joys can easily be integrated with other platforms, as the creators open access to the platform’s API and provide technical support at all stages of the work. Thanks to the work of the financial system in digital and monetary form, Joys offers an efficient economy for the future.
Advantages of Joys project
Joys has its advantages for each segment. So, sellers receive a budgetary and understandable access to the blockchain-based economy. There is no longer any need to spend time and money on marketing campaigns to attract a new segment of customers with digital assets. Buyers, in turn, can profitably and quickly make purchases.
Thanks to the integration of the payment module into the partners' POS-systems, the process of acquiring goods does not change for any of the parties when a full-time shop is visited with a standard cash register. To make such purchases, a buyer shows a seller his/her smartphone, which contains a static QR-code wallet. A seller scans it, and payment is performed. A seller can immediately convert the received cryptocurrency or fiat into any currency that is convenient to him/her.
Also, this application can be used by an enterprise that has its own internal cryptocurrency. When the operation is performed, Joys tokens will automatically be converted into the seller's currency.
Joys cryptocurrency
Joys cryptocurrency is introduced to perform all internal calculations and work with all services of the platform. A total of 10 billion tokens were issued, of which 55% were directed for sale. Joys has had a successful pre-ICO, achieving the necessary level of hardcap of this stage within the first days. Now the platform is the stage of major sales, with the softcap being 3.5 billion tokens. The stage lasts until July 12. Joys creators plan to invest collected funds into further development of the platform and payment of costs. Joys tokens are based on Ethereum.
Conclusions
Thus, Joys project offers a truly unique service. The combination of fiat money and cryptocurrency on one platform will have inevitable success. The project was launched in early 2017, and already has a developed cryptocurrency wallet and mobile application. After receiving the investment, the platform developers will list Joys on cryptocurrency exchange and launch the beta version of the platform. By the end of this year, the platform should launch the full version and connect the first store from the US to work on the platform.
Links:
Website: https://joys.digital
WhitePaper: http://download.joys.digital/docs/JOYS_White_Paper-EN.pdf
Telegram: https://t.me/joys_news
Facebook: https://www.facebook.com/JoysDigitalPlatform/
Twitter: https://twitter.com/Joys_digital
Medium: https://medium.com/@joys_digital
ANN: https://bit.ly/2K5HwtQ
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.