Speaking of Singapore which is one of the developed countries with high society prosperity. The attraction that has made crypto technology to enter and expand in Singapore and now has grown and developed into a popular crypto center. Fintech-friendly status, government grants and accommodative establishment of Initial Coin Offerings (ICO) have made it a favorite for fintech companies coming to Singapore. MAS also takes an accommodative approach where compliance and security regulations apply when considering specific rules for future implementation.
There is now a SGPay platform, which sees excellent cryptocurrency potential in Singapore. SGPay is a third-generation mobile e-wallet and e-payment application, which allows users to sell and buy cryptocurrency or make purchases with cryptocurrency and fiat on the currency. Customers will be able to pay for their purchases, buy movie tickets, book flights and more with SGPay. They can also choose their preferred payment mode, either in currency or cryptocurrency at selected merchants.
Many payment providers have ignored Singapore as a potential market because of its relatively small market size. However, they failed to recognize Singapore's ability to quickly adopt innovative technology due to its highly educated workforce and tech savvy population. Singapore is also the leading financial center of Asia with one of the highest GDP per capita in the world. The Singapore government recently advocated a national push for electronic payments that will increase investment and acquisition opportunities in the sector.
We chose to build SGP in the Ethereal blockade as it brings benefits such as decentralization, security, transparency and lower transaction costs. It is also the preferred network of blocks from many large companies like Microsoft and UBS which are part of the Ethereal Enterprise Alliance.
The E-Payments industry promises many companies capable of securing a solid footing in the market. This sector holds great promise as the next milestone for the industry which will be the 3rd generation wallet platform that hosts payments, cryptographic transactions and integrated services. SGPay aims to build a strong unique sales proposition (USP) through an integrated service and through partnerships with technology innovators and traditional companies. We are also exploring possible partnerships with at least one local bank.
= Here are some features of SGPay features created for its users:
a. Accessible from mobile devices on Android and Apple iOS
b. Decentralized tokens on blockchain
c. The 'Cold-Storage' style wallet protects up to 99% of the crypto assets stored with us
d. Support for transactions involving cryptocurrencies such as the SGPay Token Network, Bitcoin, Ether
e. Supports deposit / withdrawal of Singapore Dollar
f. API is built to support exchange of traders and users
g. Full access to users above their private key (platform will not save key)
h. Support for debit and credit cards during the e-payment phase
i. Deep integration with industry leaders from the fields of Insurance, Travel and other fields
j. Monetized reward system built into platform
k. Support for locally developed cryptocurrencies such as Kyber Network Crystals, Token Zilliqa and more
= SGPay has launched token sales with details as follows:
Token name: SGP
Total Token: 13,800,000
Total general supply: 10,000,000
Soft seal: US $ 0.8 million
Minimum purchase: 1 ETH
Maximum purchase: 100 ETH
Pre-sale: 1st Feb to 14th Feb 2018
Token sale: 1st Mar to 31st Mar 2018
So for the users and investors can already join and invest in SGPay, Innovation wallet platform for everyone. For more details please visit the link below:
Website :
https://www.sgpay.org/Whitepaper:
https://www.sgpay.org/sgpay-whitepaper-final.pdfTelegram :
https://t.me/sgpay/Facebook :
https://www.facebook.com/sgpaytoken/
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