Good Project: SGPAY - Combining Virtual Currency And Fiat Become A Seamless Wallet Experience

Greetings Community, in this new post I will introduce about SgPay Wallet project for all People, and for more details let's just go to the following discussion:

SUMMARY OF BUSINESS PLAN

Our SGPay tokens are built on the Ethereal blockade, in accordance with the ERC-20 standard. SGPay Token (or SGP in short) is built as a utility token for use on our main SGPay platform. These will be adopted by our technology partners and affiliate merchants.

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.

Our main platform SGPay is e-wallet and third generation e-payment

Applications that allow users to buy and sell cryptocurrencies, or make purchases using cryptocurrency and fiat currencies. Our goal is to make SGPay a leading e-wallet and e-payment mobile application for everyone living in Singapore and the region. 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.

Singapore made a good launch pad for the development and implementation of the SGPay function. 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 immediately 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.

After establishing our presence in Singapore, we will make the transition to overseas markets such as Malaysia and Indonesia. Indonesia is the 4th most populous country in the world and the Southeast Asian region is poised to see tremendous growth. E-commerce and e-payment are also growing at an increasing rate in the region, posing great opportunities for FinTech companies.

To encourage further adoption of SGPay, we will also create additional business platforms to support the use of our tokens. These include SGRewards who will bind with our SGPay platform to offer monetized reward points and SGFund that will help support the expansion of small and medium business financially (SMEs).

Utilizing Booming Mobile Payments Field in Asia

SGPay will rise 2 significant uptrend - a burgeoning mobile payment market and a burgeoning cryptographic market. By using Singapore as its base, SGPay will expand to the greater Southeast Asia region, reaching tens of millions of new users.