Paymon

PAYMON

This is an innovative block chain platform that connects every market participants through a new scalable block chain hive to simplify the interaction between crypto currency holders and block chain users

PROS:

• The platform promotes faster transaction of crypto currency  enabling the users to easily pay for the goods and services obtained from different companies
• The platform has a well developed and tested mobile application which enables the user to automatically create wallet upon registration  and keep crypto currencies   and exchange them with their friends
• The platform is user friendly as the  transactions doesn’t involve any  additional fees due the elimination of intermediaries in carrying out the crypto currency exchanges
• The platform allows for faster exchanges of PMNC for any other crypto currency within the platform via atomic swap
• The use block chain technology in the ensures that all the crypto currency transparently  hence the users are able drive all the benefits without incurring extra expenses
• The platform has a well connected network of experienced personnel led by the Co-founder Semyon Gleim  assisted by other well experienced members enabling the project implementation

CONS:

• The crypto currency laws and regulations prevent some of the outstanding counties from implementing the project
• The project doesn’t fully implement the crypto currency security as it relies on open protocol which is susceptible to cyber attacks
• The platform is not available in all the languages limiting its use

SUGGESTIONS:

• The platform should involve internationally qualified translators to create white paper for other countries to enable the project to be used in all countries
• The platform should take into account the possible laws and regulations imposed by different states for its easy acceptance

NOTE:

The platform enables easy and direct connection of the market users of crypto currency however it has not gained acceptance in all the countries hindering me from investing in it.