Short Description: Low fees are one of the most important benefits of Decem. But lower fees mean more users needed to achieve break even for the business. This is why we are firstly focusing on achieving sufficient crowdfunding which will support us in reaching goal user base.
Category: Business Services
Category: Tokens Cryptocurrency
We believe payments using blockchain technology will completely take over PSP market in following years. We are focusing on building a bridge between old and new economy for average customer. We understand cryptocurrencies are not yet ready to store our base income due to high volatility, this is why we have created payment system service using blockchain technology publicly backed by FIAT currency. Also we are rewarding early adopters with receiving coinback in Decem coin, meaning while paying and storing in FIAT currency you receive a reward in cryptocurrency with all it’s benefits and opportunities. Decem platform allows users to transfer MOVE tokens representing their FIAT money at zero cost. All the transactions including acquiring and burning of tokens is processed on the blockchain. Proof of Stake consensus is used to confirm the input and output transactions by voting on the public record of our bank account.Merchants run our software to receive payments from users. Using the NFC technology the user approves the transaction within our app running on his phone. For every transaction he receives 0.25% of his purchase value back in new Decem coins at current valuation. The on boarding of users is fast and takes less than 3 minutes inside our app.Voters confirming the transactions on the blockchain get awarded a part of fee for every transaction in which they hold a vote. The chance for voting and stake of fee collected depends on the amount of Decem coins the voter is holding.
Benefits of Decem: