Custodiy introduces enhanced digital culture that spreads blockchain in the industrial sector to eliminate fraud
Milan, Italy–(Newsfile Corp. – Sep 1, 2022) – Custodiy, a platform that aims to revolutionize the blockchain sector with innovation, has introduced a new vision to implement the use of blockchain to automate processes and allow immediate use of the income from the sale of goods and services. Custodiy’s mission is to eliminate problems and accelerate and unlock a new economy through new and innovative services available to all.
Storage – Do it yourself
To automate the process, the platform plans to use blockchain technology, especially its properties such as immutability, incorruptibility, transparency and traceability to automate the process. In addition, the platform will also use smart contracts, which automate inputs when predetermined inputs are received.
“For a long time, I thought that some banking processes needed updating. Now, with the arrival of the blockchain, all this has become possible. I do not hide my enthusiasm to see this project grow every day and have so much consensus.” said Custodiy’s founder.
$CTY, a native token for the platform, will be required for platform users to use the platform’s services. The Custodiy token is a BEP-20 token created on the Binance smart chain.
While explaining tokenomics, Custodiy said that the total supply of the $CTY token would be limited to 1 million. From this 1 million, the platform will set aside 3% for the private sale, 10% for the pre-sale, 5% for the team, 10% for the developers and 5% for marketing. There will be no tax on any of the buy/sell transactions.
To guarantee maximum security and transparency, a significant portion of the supply, 34%, will be locked, and tokens associated with the developers and team will be blocked with earning for 4 years and claims of 0.1 per day through a public smart contract.
In order for users to use Custodiy, they must use the official web app, which the project claims is simple and accessible to everyone. Furthermore, the project said that smart contracts would secure and secure the services, which would be tested for vulnerabilities.
During Custodiy’s explanation of how companies can use the platform, the platform stated that companies could use it to manage payroll and advances, carry supplies and obtain fund guarantees through smart contracts and company payments. In addition, private companies can use the platform to send money to buy goods and services, create a wallet by contract and transfer money, which is currently under development.
Currently, Custodiy operates on various blockchains including Ethereum, Binance Smart Chain, Polygon, Ripple and many others. To guarantee stability, the platform will use stablecoins such as USDT, USDC, PAX and BUSD. In addition, one of the platform’s goals will be to adopt the digital euro and other stable coins issued directly by central institutions.
According to the roadmap, Custodiy plans to add more stablecoins and smart contracts and KYC on accounts and audits on the web app. In 2023, the company will continue to add smart contracts, bank accounts and stablecoins.
To get more information about Custodiy, visit the project’s official website, or read their official whitepaper.
About detention
The aim of the Custodiy platform is to use blockchain technology to automate business procedures and facilitate the rapid use of funds received from the sale of products and services. In addition, the aim is to make new, ground-breaking services widely available to the public in order to speed up economic growth and make it more inclusive.
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Custody
Giuseppe Chimienti
[email protected]
https://www.cusstodiy.com/
Disclaimer:
The information in this publication is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading in securities and cryptocurrency.
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