One of the most important uses of cryptocurrencies is as a payments mechanism...
With a cryptocurrency wallet, you will eventually be able to make payments wherever you are traveling, in whatever the local currency is, all by using your cryptocurrency holdings...
There is just one real-world problem to overcome: Bitcoin’s blockchain takes 10 minutes to verify a transaction...
Unless you REALLY like holding up the supermarket line, you need a solution to this...
Above and Beyond a Store of Value…
The STK token ( STK ) will allow customers to make payments immediately on their cellphones in local real-world currencies while funding the payments from their cryptocurrency holdings, without requiring merchants to change their existing technology...
It does this by using the STACK digital wallet, which in combination with the STK token can be funded offline through Ethereum or, eventually, other cryptocurrencies...
Customers can then make payments instantly from their digital STACK wallet using the STK tokens they loaded onto it...
The STK token authenticates the transaction through a state channel, which allows the payment to be made electronically from a global liquidity pool in a real-world currency.
Customers then refill their digital wallet at their own convenience...
Put simply, as long as the STK token is present, customers can continue to make all the transactions they want without any additional fees...
STK tokens are the product of STK Global Payments, a firm based in Canada, where the first rollout of the STK system will take place...
STK Global Payments has an advisory team with important ties to the cryptocurrency world. Such an arrangement benefits us, as the advisory team shares a lot of their management with STACK, who makes the digital wallet that powers STK tokens...
To ensure that STK payments are accepted by retailers worldwide, STACK has partnered with MasterCard...
As far as competition goes, there are three coins — TenX (PAY), Metal ( MTL ) and Monaco ( MCO ), all of which have launched ICOs within the past six months. They’ve all soared in price, too, and now rank among the top 100 cryptocurrencies...
The consumer payments market totals $22 trillion annually, yet existing cryptocurrencies have achieved acceptance with only a very few merchants — Reason being that processing transactions takes 10 minutes for Bitcoin and 24 seconds for Ethereum ...
STK finally solves the processing conundrum...
Once the STK payments system is in place, merchants generally will be able to process cryptocurrency payments seamlessly with other payments...
So STK holders will have a cryptocurrency store of value that can also be used to facilitate most real-world transactions...
This is why we must pounce!!!
As adoption of the STK system through the STACK app accelerates, more demand will funnel into STK tokens...
The “cryptocurrency” portion of the STK system is technologically straightforward, while the “payments” portion of the system requires the most expertise...
For our tech junkies — the STK token will be implemented on the public Ethereum blockchain as an ERC20 token...
STK Global Payments has a working prototype and a road map to deliver its cryptocurrency solution globally by the end of 2021...
CALL TO ACTION: Buy STK tokens ( STK ) over an exchange using Ethereum (ETH) from your Coinbase wallet at a limit price to be around ETH 0.000009 or less STK!!!
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