JALAN RUSAK: MyBillCash

PRESENTATION

The real essence of blockchain and cryptocurrency is to distribute decision-making powers from central authorities and big powerhouses through decentralization. One of the more interesting features of cryptocurrency is that it can't be controlled by any middlemen or authorities. On platforms like Bitcoin network where the framework is peer to peer, the transfer of real value does not require the contribution of any central power, since exchanges are approved by a distributed set of miners that exist on the system. Sadly the concept of decentralization which exists as the basis of cryptocurrency has not been completely adopted in cryptocurrency exchanges. Majority of popular exchanges with massive trading volumes are designed on centralized framework rather than on decentralized framework.

While blockchain technology has been remarkable for business and administration because of the level of transparency and security, it is still up to cryptocurrency exchanges and their clients to protect important information and assets

I have used different cryptocurrency trading platforms and seen that most other users are often confused about making choice of cryptocurrency exchanges due to some of the problems faced on the platforms. These numerous problems such as insecurity, scalability, ease of use, simple user experience and many more are the reasons why the MoonX platform is created. Moonx will alter the crypto trade framework particularly in its effort to making it individuals oriented and free from all middlemen and powerhouses.

What is Mybillcash About?

MyBillCash is a blockchain-based company that provides a platform connecting micro job seekers and employers based on-scale work demand from every nook and corner of the world. MyBillCash has a blockchain-based ecosystem that mimics a micro-task website where the transaction is done through bill tokens. They use Ethereum token cryptocurrency called Bills Cash for all the transactions that are made between the employee and the employer.

MyBillCash is a decentralized microtask platform on the blockchain with enabled users to user encrypted messages.

MyBillCash Features

Encrypted user to user messages

Voucher economy

Service marketplace

Offer and take a quick job

Central escrow mechanism.

Job offers from $ 0.15

Job searching by keyword

Token staking (0.35% daily)

The company acts as an interface for providing people to do simple online internet work and also get paid without any investments. The transaction system is also based upon a voucher economy. This enables the users of MyBillCash to generate vouchers by converting their earned bill tokens into loaded vouchers that can be sold for cash. The voucher economy allows the user to redeem the earned bill tokens as cash and also use the same for starting up a campaign on the site. The voucher once generated is valid for one year and is liable for one-time use only.

MyBillCash also uses a referral programme where the users can refer their family, friends and known people to MyBillCash. Once the referred person signs in using the referral link, the user gets paid with a single token. There is no limit to the number of people a user can refer MyBillCash using the referral program. Users can search for Jobs at MyBillCash faster as it enables Job searching by keyword. The freelancers using the website can look for quick jobs posted by employers that pay a minimum of 0.15$ per job. MyBillCash provides an environment that is an encrypted user to user chatting interface that allows publishers and advertisers to discuss about the job description and payment details in a secure environment. Once the job is completed, the employer would rate the work and based on that the success rate of the particular user who completed the job and pay him in tokens.

MyBillCash offers an ecosystem that promotes Bills token staking where the holder of the tokens can hold the tokens in his account as long as he wants. MyBillCash offers 0.35% daily on every 2000 bills or more that are staked in the account of the holder. However, MyBillCash notifies that the percentage isn’t permanent as it is subjected to change with the market reaction. MyBillCash claims to be the best in providing works form big business worldwide with no initial investment. MyBillCash claims to provide a stable market for micro jobs and project an increasing trajectory for the exchange values for Cash bill tokens.

BILLS TOKEN STAKING

Bills token can be staked for more profits, mybillcash offers 0.35% daily on every 2000 bills or more staked, this is equivalent to 10.5% per month. This percentage is not permanent and can be adjusted based on the market reactions to bills token trading.