Introduction
Cryptocurrency market is a big boom in the business industry especially in the Financial technology but there are many obstacles that we will need to face it.
The biggest obstacle preventing companies from providing a payment service base on cryptocurrency is the high cost ensuring compliance with regulatory.
Idea of Paygine
The idea of Paygine is to create a new open financial platform based on their own bank ( base on Europe and Caribbean ) that will allow Paygine to ensure the stable operation of its financial platform around the world. Paygine will offered a universal open financial platform, which will connect the worlds of cryptocurrency and traditional payment instruments.
Team behind Paygine
Paygine’s core team has a successful track record of building the second largest processing company in Russia – Best2Pay, with a transaction volume of $86m per month and extraordinary growth over the past 2 years of operations (+10,650% in transaction volumes). Best2Pay works with over 60 leading Russian private and state banks (incl. VTB, Sberbank, UniCredit Bank) and has over one million active customers.
Best2Pay brand owned by the Pay Engine Limited founded in April 2012 in the United Kingdom.Pay Engine founders include some bank expert brought their company to a wide range of experience , including successful projects implemented at American Express, SEB, Bank St-Petersburg, Sberbank, Renaissance Credit, ABN-AMRO and RBS.
The Paygine team consists of 27 people; key positions in the company are occupied by:
Kirll Radchenko CEO and co-founder
General Director of Pay Engine Limited (Best2Pay) since 2012. Previously, he worked for SEB Bank as head of the business development division for over 5 years.
Mikhail Luposhtyan Senior Vice President and Co-founder
Mikhail was General Manager of Pay Engine Limited (UK) from 2012 to 2017. Previously, he worked in international container shipping. He was general director of a customs broker and deputy director of a branch of a steamship company.
Maxim Neshcheret Director of Business Development
Currently Maxim is Regional Manager (APAC) of CMA Small Systems AB. CMA is a leading provider of system solutions for companies operating in financial markets. Maxim has worked for this company from 2004 to the present. He has also held various positions from project manager and head of the support and implementation department to regional manager.
The Paygine team also includes 7 advisors: Gary J Ross, Arina Shulga, Azat Nugumanov, Anastasia Klimenko, Djibril Diallo, Byanmunkh Volodya, Salah Abci.
Advantage of Paygine to its competitors
Paygine’s key competitive advantage over similar projects is that it can leverage off existing platform and technologies that is currently used by FinTech businesses, e-commerce, and beyond. The Paygine platform would offer the following services by utilizing Best2Pay existing technology.
Paygine Social Media Activity
Paygine team is currently active in Telegram, Twitter and Facebook , they updating the community once their an update on their project specially on the improvement of the Paygine.
Paygine smart contract source code
Paygine is based on the ethereum network (ERC-20 Token). Paygine is promising project so the smart contract source code is available to the public in Github.
For more information visit their website , whitepaper, facebook and telegram
WEBSITE: https://www.paygine.com/
WHITEPAPER: https://www.paygine.com/assets/helpers/files/en.pdf
FACEBOOK: https://www.facebook.com/Paygine/
TWITTER: https://twitter.com/paygine
TELEGRAM : https://t.me/PaygineBounty
Author :Bitcointalk username : Insufficient
