The world is fast moving towards globalization in almost every facet of human endeavor in the present dispensation. Technology enhanced by science is swiftly simplifying the processes involve in transaction online, in order to help investors achieve convenience and ease in transacting business online without limitations or incessant charges by centralized institutionalized intermediaries.
Research has revealed that most investors are at the mercy of irrelevant middlemen; making transaction charges exploitatively very high. Point of sales transaction in contemporary times take a lot of time and goes through rigorous processes which outwardly leads to high charges in transaction process online. The online market is expanding its base and accommodating more participants but the challenge of a definite channel that will enable participants of the online market to transact is the problem of centralized authorization as witnessed in the present day. It is estimated that over 12trillion appropriately is calculated to be the spending time annually between shoppers and merchants. Time in merchandize is very essential, thus investors and participants in the online market seek to have a better point-of-sale experience to help them achieve outline objectives.
The crypto currency market built on the Blockchain-based technology is modifying the acceptance of different crypto currencies to become a universally medium of transaction. Through improving technology, the crypto currency market is expanding it functionalities. As an investor and participant of the blockchain platform, I have hitherto had several issues with point of sales transactions because o f the delay in time and logistics. Out of my search, I found https://stktoken.com/, a crypto currency platform that intends to solve the problem of POS transactions and creating a valuable avenue for merchants and consumers to cross-fertilize trade terms in a bid to make crypto currency a globally accepted medium of transaction.
STACK is a decentralized blockchain mediated platform created to help it users speedily undertake POS transactions and other financial services without stress and extra charges as experienced with the centralized institutions. The platform is developing a model to allow users to save their money in any currency of their choice and can be exchanged with traditional currency. For instance, walking into a restaurant without fiat currency but with STK tokens, partner establishment will render services and sell products with crypto currency. With a wallet, the STACK platform allows you to use your money anywhere and at anytime vis-à-vis Point of sales transactions. The platform will have STK state channel and STK tokens. While the former is a model that allows the users of the platform to ensure real time transaction on blockchain, the latter will be a token that enables users to have access to the platform and make transactions. In order to give a sketchy picture of how the platform will work the illustrations below give an idea of the concept.
There are no queues; you too can join now, as I diffidently did when I discovered the huge potentials of the platform.
To get first hand information and meet with other participants of the platform on social media, log on to;
https://twitter.com/stktoken
https://www.reddit.com/r/STKToken/
https://medium.com/@STKtoken
https://discordapp.com/invite/38EXN5D
Writter By : kay222
https://bitcointalk.org/index.php?action=profile;u=1173981
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