Learn more about STK Global Payments action….
The Financial Technology organisation have announced the introduction of STK token. This is aimed at providing instant cryptocurrency payments at point of sale.
The organisation creates STK token as part of a universal solution to borderless transactions. It make use of Retail Payments at point of sale (POS). This was announced at Token Generation Event.
ZUG – Switzerland, Sept. 25, 2017 – STK announced plans for a Token Generation Event (TGE) today which will run from October 25-November 3, 2017 with a pre-sale available to registered participants from October 11-24, 2017. Proceeds from the sale will support ongoing development and future implementation of the STK token . They are currently working with partners around the world.
The Token is built on the Ethereum blockchain as an ERC20 token, this will enable users to transact with cryptocurrency in mainstream markets. They will be able to work at offices without the cumbersome exchange process typical of most cryptocurrencies.
It is worthy of note that the token will be initially available through STACK. It is a digital financial services provider being launched in Canada later this year. It was was designed to replace traditional banking with smarter solutions to personal finance.
According to one of the initiators, “We’re working towards a universally accessible alternative to traditional banking that allows you to store your money safely, access it instantly and transact with it anywhere. This can be done in any currency, including cryptocurrency,” said Miro Pavletic, Director of STK Global Payments.
A lack of merchant acceptance of cryptocurrencies at point of sale and online means that consumers are currently required to exchange cryptocurrencies into local currency in order to make everyday purchases.
Furthermore, minimum confirmation times for bitcoin and ether are too long for day-to-day transactions. STK tokens will allow users to access a real-time exchange so cryptocurrency can be used for daily transactions online and in-store.
STK’s website and whitepaper launched today, at www.stktoken.com.
About the organisation…
It is a cryptocurrency technology solution company which enables real-time cryptocurrency payments at points of sale. They are the issuer of the STK token. This was designed to provide a method that can allow cryptocurrency to be used for seamless integration into everyday transactions and financial services.
Kindly note that the STK token will be implemented on the public Ethereum blockchain as an ERC20 token. The STK token is part of a global solution to facilitate borderless transactions , through a smart contract which facilitates a real-time exchange of cryptocurrency into fiat at the POS.