Fast, Efficient and Effective Payments with Eastcoin

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2 years ago
Topics: Cryptocurrency

Abstract


When traveling many people still use cash as their payment. Even though using cash is very inefficient and has many limitations, people still use it for several reasons. In fact, by using digital payments, payments can be made more quickly and efficiently. Users can make payments through their devices easily and securely with various merchants or hotels, so users don't need to carry cash everywhere.

Seeing this, Eastcoin is motivated to become a dedicated currency for the global aviation and traveling-related economies, which allows users to make payments more quickly, efficiently, and effectively. Eastcoin offers features that will increase user payment efficiency, such as P2P transfers, stored digital tokens, loyalty programs, streamlined business transactions, and blockchain-based payment infrastructure.

The Currency that Takes Flight


Imagine when you are traveling and want to buy something, then you need money to get the item. But when you take money out of your wallet, there is an evil person who snatches your wallet and runs away, of course, you will scream and chase the criminal. This is one of the many disadvantages of using cash. If we use digital payments we can solve this problem, users only need to scan, and their payments can be completed quickly. And this is the solution offered by Eastcoin, a dedicated currency for the global aviation and traveling-related economies. But it's not just an ordinary digital currency, it's an Ethereum ERC-20 based cryptocurrency that is secure, transparent, fast, and backed by stablecoins.

Eastcoin works by becoming a dedicated currency that will provide fast, efficient, and effective payments of goods and services in several sectors such as aviation, travel, technology, and hospitality. Allows users to make payments smarter without worrying.

Eastcoin Features


Eastcoin is a dedicated currency that will be a fast, effective, and efficient payment in the aviation and traveling-related economies sector. By using Eastcoin, users can make payments more quickly and safely through an application available on their device, namely East Pay, this application offers features that will streamline user payments and bridge them with the crypto world. But that's not all, there are several other features of Eastcoin:

  • P2P Transfers: Eastcoin makes it easy for users to make transactions securely over a secure peer-to-peer network.

  • Store Digital Token: Eastcoin makes it easy for users to store digital tokens in their accounts.

  • Tokenized Loyalty Program: Eastcoin has a loyalty program that will provide tokens to users for their loyalty to Eastcoin.

  • Streamline Company Business Transactions: Eastcoin makes it easy for businesses to streamline their business transactions so that they are more efficient and organized.

  • Solutions for the Unbanked and Underbanked: Eastcoin makes it easy for users who are covered by the bank's network and those who are not to be able to get a reliable payment platform.

  • Cross-border payment: Eastcoin is a solution for cross-border payments because it is based on the Ethereum ERC-20 cryptocurrency.

  • Instant payments and Lesser fees: Eastcoin makes it easy for users to make payments with an instant process and lower fees.

  • Web-based payments: Eastcoin designed this payment platform to be web-based so that users can access Eastcoin from any browser.

  • Blockchain-based Payment Infrastructure: Eastcoin's infrastructure is fully supported by secure and transparent blockchain technology.

EAST Token


EAST stands for Eastcoin token which will serve as a utility and governance token. EAST token based on Ethereum ERC-20 with a total supply of 750,000,000,000 EAST. The use of EAST tokens is mainly for utility tokens, where users can use these tokens for various purposes such as transfers or payments in several sectors. However, in the future, it is possible that the EAST token will be used as a governance token, rewards users, and support the operations and development of the Eastcoin platform.

Eastcoin Roadmap


The team from Eastcoin started this project with research and development of the platform, then continued with the launch of the portal and development of the EAST ecosystem. After everything is according to plan, Eastcoin will start a private sale to sell a portion of the token supply, then after success proceed with listing on the exchange.

After that is all done, Eastcoin will continue with international aviation conferences, then develop an App for East Pay and East Coin, and hold meetings with government, authorities, and stakeholder consensus to discuss legality, and after that will discuss investment projects with a various party.

To conclude


Digital payments are considered a solution to traditional payments which are inefficient and have many problems. Digital payments, allow users to make payments more efficiently and quickly. And Eastcoin is here as a currency dedication for the global aviation and traveling-related economies sector, where users can use Eastcoin for faster, efficient, and effective payments. Eastcoin offers users faster and safer payments through an application that they can install on their device, with this application users can make payments in several sectors such as aviation, travel, hospitality, and emerging technologies easily and legally.

Connect with Eastcoin


WEB: https://eastcoin.io/
TWITTER: https://twitter.com/eastcoin2
FACEBOOK: https://web.facebook.com/Eastcoin.io

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2 years ago
Topics: Cryptocurrency

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