VOOLA DMCC
1 min readAug 15, 2023

The QR code system allows the user to interact with cryptocurrency more comfortably while conducting transactions on the platform. The address of your wallet is from 27 to 34 characters. For easy and convenient address entry, the project allows you to use QR codes for all types of transactions.

There are many convenient payment systems — magnetic tapes, magnetic chips, NFC, QR codes. Magnetic tapes are considered the least secure, while magnetic chips and NFC have the highest global penetration. However, NFC is at least 1.5 times faster than magnetic chips (3 seconds for the entire message vs. 5 seconds).
The latest payment tool, the QR code, is widely used in China, and many financial experts believe that the Chinese have gone further with QR codes. QR codes have the highest level of security and data management. Thus, Voola considers two leading payment tools in product design and scenarios — QR codes for apps and NFC chips existing mobile contactless payments for POS terminals.

https://play.google.com/store/apps/details?id=com.vooladmcc.portal
https://apps.apple.com/app/voola-pay/id6445897299
https://voolapay.vooladmcc.com/

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