iK Coin: Making Payment Easy

Buying things and paying for them is something that is part of our everyday lives nowadays and we do it several times a week. Obviously no economic activity is possible without the transfer of money which implies that payment systems are one of the most significant social infrastructures.

Payment business have gone through a revolution in the last few years. From blockchain and FinTech to AI and cryptocurrencies, the world of international commerce is moving faster than ever.

One of the biggest things that has happened to mankind at this time is the advent of the Blockchain technology and Cryptocurrency. The wonders done by this ground breaking technology cannot be denied as it is evident in almost every sector that pertains to human life such as health, finance, environment, entertainment, education and lots more.

Cryptocurrency creation is the first form of blockchain application as we have known because cryptocurrency depends on the blockchain to exist and due to the numerous features of the blockchain that powers the crypto to give financial freedom a lot of companies and businesses have adopted cryptocurrency in to their operations.

It is not a surprise to see that both merchants and consumers are turning to cryptocurrency payments, as a cheaper and more efficient payment solution. This article will introduce you to a Portugal based company that aims to simplify payment processes for everybody across the globe.

Overview of the iK Coin

IK Coin is a coin developed by IK Technology to address payment difficulties by ensuring the security of financial and commercial transactions while also improving the quality of human life. Though IK was founded to transform the Algarve region of Portugal, its purpose is to inspire a new generation of investors by providing unique possibilities and innovations to local, national, and international entrepreneurs.

iK Tech Solutions

iK Log

This is a self-contained platform that manages logistics from all over the world. This entails using artificial intelligence and algorithms to link, manage, develop, and operate all necessary transportation and logistics in real time from anywhere on the planet. The platform can help with any logistical concerns. This is the iK Tech solution's first product. The iK Log platform makes moving products from one country to another simple.

iK Wallet

The iK Wallet is a digital wallet that also functions as a payment gateway that will be available on both the Android Play Store and the iOS App Store. Users will be able to use cryptocurencies to pay bills, recharge phones, shop at stores that accept digital assets, and send money. Various wallet functions have yet to be incorporated, and more will be added soon. It's time to digitalize our banking system so that users don't have to carry currency around with them all the time.

POS Mobile

Business owners will be able to use the POS Mobile solution developed by iK Tech to have a variety of payment alternatives for their items. The POS Mobile would enable company owners to offer cryptocurencies as a payment option to their consumers by using a phone with NFC technology. Simply contact the company via ?to acquire the iK Coin POS Mobile.

iK API

Commercial enterprises that want to accept cryptocurencies as a form of payment will be able to use the iK API to combine PCs, tablets, and e-commerce using QR Code technology. Customers can quickly and securely scan the QR Code with their private wallet, completing the transaction nearly instantly.

ik Swap

Another product, iK Swap, is poised to help iK Tech achieve its goal. It is a Binance Smart Chain-based Automated Market Maker (AMM) Decentralized Exchange. The project is community-driven, which implies that the community will make the majority of the project decisions. Initially, the DEX will only allow crypto-to-crypto trade, but will eventually expand to include fiat trading. The platform, like that of other AMM exchanges, lacks a log book and instead relies on AMM. Liquidity providers can now add funds to liquidity pools. Transaction costs in Crypto trading pairs are paid to liquidity providers.

iK Coin Token Details

Name – iK Coin

Symbol – iK

Blockchain – Binance Smart Chain

Smart Contract –?https://bscscan.com/address/0xE4B57F8Bb37B4B1fA47C991178809151C25D6Ff2

Applications of iK Coin

• Bill-payment
• Shopping
• To use the platform's financial services,
• Local and global payments.

Advantages of paying with iK Coin

• Fast payment or transaction because you do not have to go through any financial institution
• Zero transaction fees
• Safe and secured transaction
• Accepted in Algarve tourist center

Token Sale

The token sale is in three rounds which is as follows:

1st round is from 15/11/2021 to 14/01/2022 - $800 millions ik coin at $0,005 per coin.

2nd round is from 15/01/2022 to 14/02/2022 - 400 millions ik coin at $0.01 per coin

3rd round is from 15/02/2022 to 15/03/2022 – 300 millions ik coin at 0.02 per coin?

Token Distribution

Conclusion

Cryptocurrency payments have the potential of creating a more borderless and globalized economy, as well as fighting financial inequality by bringing fast and secured financial services to people without access to a bank and I would say that this is really a big win for everyone in online and offline payments. iK Coin is a great innovation to bring ease to human lifestyle by simplifying payment process with no worries at all.

For more information on iK Coin, you can click on any of these links:

Website

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Written by Peace23

POA