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Showing posts from March, 2020

Cryptocurrency Ride Hailing App Script-OG Software Solutions

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What is a Cryptocurrency powered Ride hailing app script? Ridesharing or ride hailing apps are an easy way for consumers to book a cab immediately at their convenience. A Cryptocurrency powered ride-sharing app script makes it easier to offer cryptocurrency as a mode of payment. Using this ready-made full featured script, you can start a whitelabeled on-demand taxi hailing service in any country, within a short span of time. How the cryptocurrency does powered ride hailing app script work? The cryptocurrency powered ride hailing app script has a driver partner app and a user app for the customers. Once a user requests to book a ride using the user app, the request is sent to the taxi partners within the user's nearby radius. The driver will have the option to Accept or reject the trip. If the driver chooses to accept the trip, he/she will see the user's pickup location. After reaching the customer's location, they can notify

How Does this blockchain Powered Money transfer App Work?-OG Software Solutions

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Users from across the globe register in your app. They can transfer money to each other instantly. Here is a simple user journey for your understating: John( U.S ) and Smith ( France ) are Registered Users in your Money Transfer App . John wants to Transfer $1000 to Smith. John Logins to the App > Deposits $1000 inside his account using his Credit Card. The fund shows up in his wallet inside the app. Then he keys in the Mobile number of the person, he wants to send $1000 to. In this case he enters the mobile number of Smith > Immediately Smiths profile shows > He chooses it. He enters the amount he wants to send ie. “$1000” and hits the SEND button. The $1000 gets converted to Cryptocurrency ( Stellar XLM coins ) > Gets deposited in the wallet of Smith. Smith gets a notification on receiving EURO 880 ie. $1000. Smith clicks Withdraw > The Cryptocurrency gets converted to EURO and gets depos

What is a Security Token Exchange? - OG Software Solutions

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When a token is subjected to federal security regulations and can derive its value from an external, tradable asset, it is categorized as a security token. It is true that the process can seem complicated, but there are a lot of benefits with a security token issuance. Tokenizing securities improves the liquidity of underlying assets which can engage more investors. Security tokens also come up with other benefits like increased market efficiency, lower issuance fees and fractionalization of larger assets. If a startup meets the required regulatory obligations, the security token offering can create a vast potential for the variety of applications. Two types of Security Token Exchange: (1) Utility Tokens:   These type of tokes are used for creating Initial Coin Offerings ( ICO )  for raising funds. These tokens does not equate to a share in the company, but can be used to facilitate a particular event, transaction or value in the operations of the company. Eg: ETH is