Junca Platform - Aims to Enhance the Asian Economy

Overview

Cryptocurrencies have gained worldwide prominence simply because they are easy to use, access and store. However, another benefit of cryptos is that these currencies make an international money transfer both quick and efficient. People looking to transfer cryptos between banks know that it is a cumbersome task. Millions of individuals working around the globe face challenges while sending money to their families abroad as it is never cheap. On average, people pay a fee of around 6.9% as part of remittances. Apart from this, people operating from overseas also have to deal with fluctuations in the exchange rate of the local currency.

The Junca platform is a true solution for cross-border remittances and cryptocurrency investing. The Junca platform has been crafted to facilitate cross-border remittances. It simplifies the cross-border remittance of cryptocurrencies.

What is Junca platform?

The Junca platform, created to offer both fintech and cryptocurrency services, supports domestic and international remittances, payments, as well as exchanges at ATMs. Additionally, Junca Cash also provides wallet services as well as cards for a very low fee.

The Junca platform, unlike any other cryptocurrency investing platform, has been developed for those who need a permanent solution to the problems of cross-border remittance for the OFWs (Overseas Filipino Workers) and the people of the Philippines.

The OFWs or the Overseas Filipino Workers are people from Filipino residing outside of the Philippines. These people have their permanent residence in different countries. The OFW also includes people who choose to stay abroad for a brief period of education or employment.

Features of Junca Cash

International Remittance - By junca platform, the mobility of Holder, bank, emitter, and money exchange is planned to provide new competitive international money remittance services.
Human Resource Development - junca will evolve and revolutionize by using a human resource development system that utilizes blockchain technology. The educational institute of the junca project would team up with organizations, operating worldwide, to obtain skilled resources of talented people, which will be accessible to various countries.
Charity - By partnering with a charity, junca will be able to use junca Cash as a donation on a secure, nondelayed blockchain. Donations will be used to solve global problems, including support for people in Asia, which junca continues to support.
Sociality Uses Market - junca Cash is planned to use for the social contribution that we focus on, especially for overseas remittances of OFW
junca Salon Franchise - The beauty salon business, which has been launched by junca, aims to develop 100 stores in the Philippines alone.
Scholarship Loan System for Job Traning and Education - In order to solve the poverty problems that are apparent in the Philippines, it is necessary to improve the vocational training and education system. For these people, junca will introduce a scholarship loan system using junca Cash, also plan to set up a job training school in cooperation with Japanese businesses if the junca Cash produces a greater operational gain than expected.

How does it work?

Users can buy Junca Cash from cryptocurrency investing and trading exchanges, or they can approach the Junca member groups directly for purchasing the JCC.

Once you have the Junca Cash in your wallet, you can use it to exchange at an ATM.

Using the Junca App, users will be able to manage and control their deposits & withdrawals without inserting their card.

Junca Cash can also be used for shopping at multiple shopping sites offered and partnered by the Junca group.

Junca platform also allows users of JCC to make donations to programs that support people across the globe. These programs, supported by the Junca platform, will help to uplift people in different countries, especially in Asia.

Junca platform also allows its users to use the Junca Cash for money transfer and balance inquiries. Users can use the Junca cash for initiating banking services and making both deposits & withdrawals.

Junca will also offer cryptocurrency exchange services, educational support, credit card, and settlement services to its users.

JCC wallet

The Junca platform aims to enhance the Asian economy by simplifying and speeding up the process of cross-border remittances. People who choose to invest in Junca Cash will also have to use the JCC wallet, currently available on Google’s Play Store, to store and use their JCC tokens. The JCC wallet can be safely used for sending as well as receiving Junca Cash on your smartphones. The wallet app also lets users manage their total assets as well as usage history. Junca also plans to update the JCC wallet in the future by including new options.

Conclusion

To conclude, remittances from OFWs are helping the Philippines close the gaps between the poor and the rich in the country. With improved standards of living and increased disposable income, there is an automatic increase in the goods & services consumed, which eventually helps to drive the economy higher. This is where the Junca platform can help the Philippines and the Asian economy to move towards growth & success. By facilitating cross-border remittances and revolutionizing the human resource development system with assistance from blockchain technology, Junca plans to transform the Philippines economy and transform it for the better.