Due to the unlimited capacity of the blockchain technology to execute digital tasks, it has been adopted in different industries to improve output and better user experiences.
Obviously, both the real world and digital assets by means of exchanging legal documents between parties involved are traded,a quite tedious and time consuming procedure for all involved in the trade, but with the blockchain technology, such trades and exchanges are simplified, the security and immutability of the blockchain technology is properly showcased here as real world can be carried out as swift and safely as digital trading.
More so, the cost of transfers and bank charges overtime has been quite alarming, simple transactions are heavily charged and executed poorly,sometimes it takes hours or days for a transfer to arrive at its destination.
It is also designed with a structure that eliminates the need for intermediaries and all the Rigmaroles involved in money transfers.
The internal infrastructure of most banks globally are built on centralized databases, which makes whatever asset and data stored there quite susceptible to compromise and cyber attacks.
The blockchain technology though considered a relatively new technology (first appeared 11years ago), has some promising potential to curb fraud and cyber attacks in both the financial and corporate world as it is a distributed ledger where each block holds a separate transaction, making some attacks on the system databases impossible to execute.
This technology has also facilitated the adoption of cryptocurrency, though this payment method may still be in its early stages but it has been quite revolutionary,there has been a substantial change in the methods of performing different operations globally.
Through the advancement of technology, previous financial system has been successfully replaced by a more improved and rewarding digital approach which involves the use of cryptocurrencies.
WHAT ARE CRYPTOCURRENCIES?
These are digital assets designed to function as a tool of trade which uses a solid cryptography to verify and validate transfers, this system unlike the others maintains a decentralized structure and give users control over their funds and assets
INTRODUCING LARGOCOIN PLATFROM
Largo platform is a symbiotic off and on - chain operating system developed to use largocoin in addressing the issues of insecure deals and unverified transactions in trust- dependent markets,curbing the unnecessary centralization of financial power, and users financial dependence by means of the blockchain technology.
Largocoin is a totally decentralized insurance system which intends to give users total autonomy and management of their funds,and foster a swift and free execution of transactions without any limits whatsoever.
With largocoin, users are offered the opportunity to transact in the ecosystem with totally reduced transaction charges and exchange fees which in previous times has dreaded the crypto community and as well made way for a smooth and unrestricted execution of transactions on the system
In terms of contract validation LARGOCOIN also eliminates the need for an off - chain entity or a third party to play intermediary role and also offers a secure and transparent transaction system for its users.
LARGOCOIN'S EDGE OVER OTHER MARKET PARTICIPANTS.
LIMITED COIN SUPPLY
With 200 000 000 supply of the coin, it is expected that at a point, the emission of this coin will cease, and for traders and investors alike, it gives them a mathematical certainty of profitability of their investments.
This is because the increase in the price of these coins will stop and coin usage will persist and this will bring about a progressive demand of the coin and which will positively affect the coin price.
LOW TRANSACTION CHARGES
Unlike other cryptocurrency in the market today,the largo technology is economically viable than others in the crypto market, which is as a result of the deployment of its proof of stake algorithm and masternode which executes transactions at a very low rate.
GUARANTEED SECURITY
With the modern POS consensus design, masternode validation and control makes for a sustainable protection structure that is consistent with the progressive growth of the network.
HIGH ADOPTABILITY
Largocoin value is quite easy to understand, easy to use and has the propensity of maximum growth. Unlike other market participants,it can be easily adopted by both large and medium scale enterprises as it possesses the other amazing features that will be beneficial to those businesses.
CONCLUSION
Conclusively, by leveraging the flawless blockchain technology,largocoin offers a highly secure, reliable and transparent transaction approach for users in the ecosystem, and with its high adoptability rate, will boost the crypto community and further drive the vision of the cashless society at large.
USEFUL LINKS
Website: https://largocoin.io/
Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5200762
Telegram: https://t.me/largocoin_chat
Twitter: https://twitter.com/largocoin
Facebook: https://www.facebook.com/LargoCoinPublic
Medium: https://medium.com/@largocoin
Reddit: https://www.reddit.com/r/largocoin/
AUTHOR
Bitcointalk Username: Intertek
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2760026;sa=summary