SAT is quickly establishing itself as the world’s first decentralized crypto payment infrastructure that is specifically geared to and adapted to bulk payments. The ideology and purpose of Satoshi Nakamoto when he founded Bitcoin were religiously persecuted through the SAT network.
Melbourne, Australia, December 02, 2021 (GLOBE NEWSWIRE) – The main goal is to make it easier to pay for early cryptocurrencies like Bitcoin, Litecoin and Bitcoin Cash. The SAT platform aims to develop a decentralized, open, transparent and irreversible peer-to-peer payment system. Theoretically, because of these features, cryptocurrencies have great payment potential.
Currently, a number of cryptocurrency developers, including SAT, are actively participating in the existing financial payment system. SAT network is an open source, peer-to-peer payment consensus system that checks and transfers payments in a decentralized manner using the consensus of numerous network nodes.
SAT Network has built a payment hub that can be used to exchange assets through its ATM, regardless of whether the user is paying in fiat or digital currency given current crypto market conditions. In addition, it intends to build the world’s first cryptocurrency ATM and POS machine capable of exchanging fiat and digital currencies and enabling free digital currency and fiat exchanges.
The POS machine can adapt to all common payment methods, recognize an ecological connection between crypto and traditional payments and facilitate physical transactions. The SAT equipment enables quick conversion between different fiat currencies, Bitcoin and SAT and creates a solid platform for cryptocurrencies that can be used as circulating currency in daily transactions.
The platform has increased the block production speed four times to meet actual transaction demand based on the original bulk payment in cryptocurrency. The SAT tokens have halved every 4 years, and the constant supply makes the model overall unprinted and deflationary. SAT’s network has built its own devices to enable recipients to receive money in cryptocurrencies with the simplest interface and without extensive training.
The blockchain is determined to take concrete steps to lower the hurdle for retailers to accept cryptocurrencies by using technology to smoothly solve the problem. It not only promotes the recognition of the value of the cryptocurrency, but also makes the payment models of companies indistinguishable from the existing traditional approach. the SAT network ecosystem is very large and can be used in a wide variety of situations. Examples are offline retail, e-commerce, online entertainment, bulk transactions, supply chain finance, cross-border transactions, and almost any other scenario.
In addition, it has developed a payment aggregator for bulk payments in cryptocurrency. SAT will also be given more responsibility in the area of ​​bulk payment and increase acceptance and recognition in the community. The total market value of SAT is currently $ 25 million. As a tiny market capitalization coin, it was listed on the HOO Exchange, Hotcoin Global, and Coinbig. In the future, the implementation of the SAT network ecosystem and application scenarios will accelerate.
About SAT: It was created in January 2021, it’s not a novel concept. In the whitepaper, Satoshi Nakamoto detailed the plan that it would be a lowest unit of Bitcoin; SAT, will be a new coin of the future. The SAT Network is currently the first conceptual payment project in the DeFi industry.
Determined crypto enthusiasts can do theirs telegram and Twitter for more information and enjoy the benefits of SAT Network!
Website: https://www.satcoin.net
CONTACT: Name: Terry tan Email: Marketing@satcoin.net Organization: SAT Coin
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