When multibuy first announced that they will be moving from a centralized system to a new decentralized ecosystem using MB8 coin as the new alternative to traditional Eurocredit being used before, it makes me wonder what they intend to achieve. As one of globally recognised loyalty reward based system which has been functioning for over a decade with thousands of customers and business partners globally, many people will wonder what exactly multibuy intend to achieve by introducing a new coin to replace the already existing eurocredit. The reason for this become clearer when multiby explain on their 20 pages whitepaper that they are improving on the expansion of their platform which very soon will incorporate 2100 more business partner. Introducing a blockchain based technology will have great influence on the already existing platform. With the increase in use of blockchain technology to reduce operation cost and solve problem associated with scalability, there is no doubt multibuy will achieve her set objectives. Blockchain technology is known for the efficient and reliable way of processing transactions which are executed automatically. Such function will reduce amount spent on processing payment. Also blockchain technology is very secure and data are stored in a well distributed database which cannot be altered by anyone. With the introduction of mb8 coin, the new and existing customers will be able to make payment using the mb8 coin as payment processor. Apart from the web version of the platform, the mobile app is currently being redevelop in order to incorporate the new MB8 coin which will be launched fully soon.
MB8 might be the next big investment which will give good return on investment (ROI). This is because the project behind the creation of the market has already existing services with huge customers and business partners. This means there is high probability that the MB8 coin has greater potential of being traded when the coin is finally available in the market. This is far away from being used and dump because the platform has created services through the demand of the coin will be a continuously improved one. This is not only going to be for royalty reward but also for making payment online through multibuy business partners. Mobile application of multibuy has already being launched since the end of 2017 but due to the new MB8 coin which will be added the new redeveloped app is on the way. This new mobile app will have more features which give room for customers not only to locate business partner accepting MB8 coin but also to interact with them. The app will also be linked with customers prepaid debit card which give customer opportunity to buy MB8 coin when needed. The mobile app will contain wallet which allow cutstomers to receive and send MB8 coin with individuals, retailers and other cryptocurrency exchangers.
This article is written by
Thesmallgod
The reason why MB8 Coin is another great Project to Invest Now
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