Review on Ink Protocol by Jose Palma
Currency of wide functionality as a payment protocol, it operates from payment applications and provides a reputation system for the vendors.
Ink Protocol (XNK), represents an innovative token, which implements its blockchain technology to provide methods and services for product payments, through applications developed by the Ink Protocol project. This currency promotes the use of crypto-currencies in product payments, from digital payment platforms, and also brings Ink Pay, which is an application for sellers and buyers, that provides a well elaborated interface, compatibility with mobile devices, integrated reputation system so that the merchants can obtain good reputation during their sales and above all the platform has good security and good support to the XNK token.
Ink Protocol (XNK), is on the market for cryptoactives, operating on various trading platforms and in negotiations with digital currencies such as ETH, BNT and WETH, the capitalization is not so high, the daily trading volume also remains low. Ink Protocol (XNK), is of fast transactions, its blockchain is kept safe, the same as the payment platforms, being easy to use and with good access tools to make purchases and manage the XNK token in an easy way.
Pros
- It operates with good performance and fast transactions from payment systems.
- It has application for mobile devices, which facilitate the implementation of payments for products or items, where Ink Protocol (XNK) has good security wallet integrated into the application and allows transactions to be made easily.
- Currency to opt for good reputation during product sales, thanks to the good implementation of its Ink Pay system.
- Good implementation in the crypto-currency exchange markets, where Ink Protocol (XNK) appears in the list of 4 trading platforms, being exchanged in pairs as XNK/ETH, XNK/BNT and XNK/WETH.
- It allows for the wide use of its Ink Protocol platform, so that developers can implement Ink Protocol blockchain-based payment technology in their marketplace or payment applications.
Cons
- Although XNK is on various exchange platforms, the daily purchase volume is low.
- The token cannot be mined.
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Comments (2)
January 13, 2021
Thank you. In fact, if your currency continues to expand in the trading markets, improving your technologies and services or products in which the currency will be used, you may be able to achieve future reach, as many countries are already applying the facility of payment methods, for daily purchases and online, with digital currencies that offer services and products such as Ink Protocol.
December 31, 2020
Good review Jose. I think that this token with everything it offers will be able to achieve all its long-term objectives and offers multiple services that will be of great benefit to all users who use them. Do you think Ink Protocol could have a massive reach in the crypto market?
