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Udego Finance: A New Digital Monetary System That Has Zero Transaction Fees

Manti Tarak 26 83

Via Medium

Udego Finance: A New Digital Monetary System That Has Zero Transaction Fees

Udego Finance is money for the digital age. It’s a monetary system that doesn’t rely on banks or centralized third parties. Udego Finance has no transaction fees, leverages technologies such as…

Udego Finance is money for the digital age. It’s a monetary system that doesn’t rely on banks or centralized third parties. Udego Finance has no transaction fees, leverages technologies such as cryptography, and is designed to be easy-to-use. Udego Finance operates in real time without delays.

Udego Finance is a new digital monetary system that has zero transaction fees and zero boundaries. Udego is real money that is free from inflation. Udego transactions are instant, worldwide, and don’t require any third party intermediary. Anyone with an Internet connection can send or receive Udego funds anywhere in the world by creating their own fully-secured personal account or by using their social media profile.

Udego Finance is a new digital monetary system with zero transaction fees. Instead of mining (finding) or buying coins, you receive a certain amount of your chosen currency simply for being alive. Once Udego is officially “turned on”, users will enter a world with less financial friction and more opportunity for developing human prosperity for all, thanks to Udego’s ability to “debit” any currency from a user-defined bank account.

Udego gives the power back to the people through its zero-friction nature, which encourages the use of what are effectively gift certificates backed by your bank whenever they are exchanged for one of the supported currencies.

Udego Finance is a new digital monetary system that has zero transaction fees. All it takes is your internet connection, a Udego device (PC or mobile phone), and cash to get started.

Udego Finance is a new digital monetary system that has zero transaction fees. It is inspired by blockchain technology and works without establishing trust in the integrity of any third party. So, this system offers a very open framework for transactions that does not depend on anyone’s coding capability but instead on your own personal computer.

Hello! Have you ever heard of Udego Finance? What is it? It’s a new digital multifunctional monetary system that also acts as an accounting framework. Within the framework of this idea, Udego Finance has two specific fundamental units: 1) The Indefinite Transaction Unit (ITU) and 2) The Definite Transaction Unit (DTU).

Are you a bank user frustrated with the hefty fees of your current banking systems? A merchant sick and tired of credit card fees? If so, then Udego Finance is for you.

Udego Finance offers a progressive monetary system that can be used for many applications. It has zero transaction fees, is self-regulating and self-enforcing, and uses its own digital coin for all monetary exchanges.

Udego is a digital monetary system which facilitates payments, points and offers. It allows for sending money in the same way that emails allow sending of text messages. Furthermore, Udego can be used as a loyalty rewards and discount schemes platform. In addition, Udego helps businesses to create and manage various types of offers within their existing customer programs.

Developed by ETH Zurich PhD student, Adrian Werner and his friend Dario Husty, this new monetary system could make digital transactions like Bitcoin obsolete. It also promises to have additional benefits including reduced fees, increased transaction speed and greater security.

Who doesn’t love the internet? Online shopping really is just a few clicks away. But even though you’re “online,” you’re still not taking advantage of something that’s unique to the web: digital money. Unlike physical currency, cryptocurrency exists only on your computer and it can’t be counterfeited or stolen. Think of it as a gift card with endless credit.

On the Internet, people adopt many organizational level structures to facilitate interpersonal communication. Some examples include forums, threads, lists or even Q&A sites. These structures are controlled by a single governing power (a forum admin, list owner, etc.). As a result of this concentration of power there is always a slight potential for abuse.

To find out more information about Udego, please visit the page below :
Website
Whitepaper
Telegram
Twitter
Facebook
Reddit
Medium
YouTube

Author
Bitcointalk username : Manti Tarak

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Telegram : @mantitarak

BEP-20 wallet address: 0xa00Ac64ce301B4E584Fe78B0864EE6575a4b2b68