Introduction MY IDENTITY COIN By Okglobal Coin Switch

Despite the insurgence of Coronavirus, crypto investment has flourished. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand.

But before we go any further, please check out this video presentation to get even more acquainted.

Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk.

Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

The first and only compliant international blockchain project of its kind aimed at the complete disruption and takeover of banking, finance, exchange and payment processing via a living reactive decentralized autonomous organization, DAO.

A living DAO that operates globally to replace faith based problematic fiat currency and bring back the use of real “money” which holds an intrinsic value backed by assets and investments, that will rise in value to beat inflation rates and be used globally without threat of loss, theft or unfair confiscation.

As depicted above and as indicated on the official website of OkGlobal Coin SWITCH, OkGlobal coin switch is the first and only compliant international blockchain project of its kind aimed at the complete disruption and takeover of banking, finance, exchange and payment processing via a living reactive decentralized autonomous organization, DAO.

Furthermore, MYID Coin is a project is a part of “The Money Project” by the OkGlobal Coin SWITCH and this project is created as the world first tagging/ wrapping technology with unique owner identifying code. The main purpose of MYID coin coding is to reduce and ultimately eliminate threat of loss, theft.

OKGlobal will put profits back to the hands of the people. Governments and other institutions will not be left unleveraged to use our money to form money for themselves and their constituents. The rates and costs charged by OKGlobal are going to be rock bottom available within the marketplace. Profits are going to be reinvested into the worth of our coin thereby increasing the intrinsic value of all coin holders year after year.

OKGlobal will put profits back into the hands of the people. Governments and other institutions will no longer be left unleveraged to use our money to make money for themselves and their constituents.

The rates and fees charged by OKGlobal will be the lowest available in the marketplace. Profits will be reinvested into the value of our coin thereby increasing the intrinsic value of all coin holders year after year.

OkGlobal is a platform that aims to solve various problems and make the crypto world better. OkGlobal provides various features that protect the participants, such as regulation, transparency, smart management, lower costs, easy payments, etc., which greatly facilitate the participants. And MY IDENTITY COIN is part of this great platform.

OKGlobal Coin and SWITCH is the progress and additionally option to the customary cash the board establishments into the new worldwide economy pushing ahead with the released advantages of blockchain innovation.

• Reduce or sometimes eradicate expenses and charges
• Instant change to fiat cash accessible to forestall conceivable worth misfortune because of market instability
• Instantaneous installment compromise
• No more downgrading of cash
• Holds characteristic expanding esteem upheld by speculations, benefits and valuations
• Unencumbered basic use for buys around the world.
• Participants have direct everyday authority over administration of assets and friends.
• Funds and friends isn't overseen all in all by or in the interest of the customer.
• Participants' commitments are kept isolated, and benefits/pay are not pooled yet dispensed to member contingent upon how member assigns utilization of assets. Assets can just sit as money/fiat in their record with no movement.

Creation of Coin which will have a flash transformation to the fiat of merchant’s decision or held in OKGlobal crypto coin account. Various coins are often utilized however with higher transformation fees. All OKGlobal people group members’ possessions should be in fiat or OKGlobal coin. OKGlobal Community administration focuses are going to be open for member administrations.

Another issue will be appropriate arrangement of the whole foundation of OKGlobal SWITCH and how assets are to be designated to get an ideal return. The stage creation is an auxiliary issue contrasted with the framework arrangement.

A very much experienced educated group from a horde of ventures should be accumulated to build the foundation and work innovatively to foresee and conquer obstacles. We are on the cusp of another worldwide strange economy and accordingly innovativeness and expectation of fighting special issues will be a need.

Cash trade workplaces will be situated inside or around global air terminal terminals. These workplaces will be of huge advantage in showcasing OKGlobal Coin for sure fire global appropriation. Zero charge money trade will be offered for all SWITCH account holders.

SWITCH records can be opened up inside the space of minutes straightforwardly at the trade office since all global explorers will have the fundamental reports close by. SWITCH administrations telephone application will be introduced and record access installment cards(similar to check cards) will be given nearby.

Exchanging OkGlobal Coin on a trade, or any associate collaborating coins associated with a trade whose instability is straightforwardly tied/fundamental with bitcoin isn't in accordance with the objectives of OkGlobal coin.

The reason for OkGlobal Coin is to give a dependable fiat money elective that takes care of the issues fiat cash and theory cause for individuals dependent after exchanging money for administrations or potentially items. This issue needs further exploration and insight. We will do what is in wellbeing of our members and the general venture.

The base innovation for the installment stage is as of now accessible (Coinbase, Binance, Bitstamp and so forth) yet we should make the consideration of moment finances accessibility and reinvestment of benefits from activities. In this way, I don't anticipate any closed issues making a remarkable OKGlobal stage yet we should explore how the individual records and the whole interest model is organized to meet the normal and follow unforeseen administrative states of changing governments.

STO isn't offered or promoted to people in Singapore. Singapore people are limited fromparticipation through prohibition from "whitelisting". Whitelisting awards admittance to OkGlobal Coin SWITCH Pte Ltd. interest.

1. Members have direct everyday authority over administration of assets and friends.
2. Assets and friends isn't overseen in general by or for the benefit of the customer
3. Members' commitments are kept isolated, and benefits/pay are not pooled yet distributed to member contingent upon how member apportions utilization of assets. Assets can essentially sit as money/fiat in their record with no action.

I think MYID will be focused on building a solid and dynamic network of blockchain lovers, engineers, and above all, individuals that share a typical ethos with the task. At last, the ideal stage should act naturally continuing and self-administering with casting a ballot investment from coin holders into the executives and activities, along these lines getting strong/versatile to government mediation to make sure about continuous future utilization of OKGlobal Coin and its motivation as a worldwide cash to relieve and preferably eradicate the swelling issues governments cause from printing over the top cash.

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To get more accurate information, please visit the link below:

• Website: https://okglobalcoinsg.com/
• Twitter: https://twitter.com/MyIdentityCoin
• Facebook: https://www.facebook.com/Myidentitycoin-105559404747595
• Telegram: https://t.me/myidentitycoin
• Discord: https://discord.gg/JRMSdh6GFp
• ANN post: https://bitcointalk.org/index.php?topic=5299156.0

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