YOWA - YOUR WALLET YOUR WALLET icon

1.0.6 by ( KAFASI BÜYÜK DAHİ )


Sep 24, 2021

About YOWA - YOUR WALLET YOUR WALLET

English

Payment method with today's future money

Brief Summary:

A project that will pave the way for the use of cryptocurrencies as a payment method in one-to-one exchanges and markets. With this project, the taxes applied by the countries will be reset and the thing sold for 120 money will be sold for 100 money, and as the sales risk will decrease with the decrease in the wage, the wages will decrease further. Since countries create a perception as insecure, many people do not invest in cryptocurrencies because they do not trust cryptocurrencies. If developed countries officially recognize cryptocurrencies, no developed countries will want to officially recognize cryptocurrencies, as people will prefer to invest in cryptocurrencies instead of country currencies, and therefore they will not be able to tax something they do not officially recognize. They will only see this as a trade off. In short, it's like 2 apples for 3 pears.

The working logic of the application: In order to send a crypto money from one wallet to another wallet, the user reads the qr code, after the qr code that is read, the confirmation menu comes to the party that will send the money. How much crypto money to send to which address is obtained from the qr code. If the user who will send the crypto money approves the confirmation menu, he makes the payment to the address obtained from the qr code. To be able to pay in cryptocurrencies, 4 things are needed. To which wallet the crypto money will be sent, to which wallet the crypto money will be sent, the secret key and the amount of crypto money. In this payment method, the qr code only contains the wallet address and the amount of crypto money, and no other information. Therefore, it is reliable. If the payment is made, the hash created by the payment is automatically opened in the internet browser and it is seen in detail whether the payment is sent or not, from which address to which address. The process takes an average of 10 seconds. Binance, the world's reliable exchange, has been preferred for payment. Trading with BNB cryptocurrency is both fast and inexpensive. Whether you send $1 or $1 billion, the commission is about half a dollar. Unlike the percentage commissions taken by banks, the innovation will be with crypto payment systems.

Advantages:

0- As soon as developed countries recognize crypto money, crypto money will not be legally recognized because the currency values ​​of the countries will decrease and therefore it will not be seen as a clearing item and tax will not be collected. The tax can be levied on money, not on barter goods.

How much is the fee when purchasing a product with cryptocurrency?

1- Let's say there is a product and the fee is 120 money, including the country tax (20%), the profit share (10%) arising from the risk of not being able to sell due to the high fee, the commission paid to the banks for the pos device (3%)

2- When the additional fees on all this product are removed, in short, when the crypto money payment system, which is an independent payment method, is used, the 120-coin product corresponds to an average of 85 money when these additional loads are incurred. Due to the low price of the product, it is estimated that it will come to 75 money with more customers to buy it. However, the fact that cryptocurrencies are constantly gaining value and that the value of cryptocurrencies is rising like this even though very few people are investing in the world for now, is an indication that it will gain much more value in a little more time.

3- As a result, when an exchange takes place with the crypto money payment system, we are looking for an investment that can be valued continuously and 75 money for a 120-money product. Momentary rises or falls will not have an effect in the long run as cryptocurrencies will be constantly valued.

What's New in the Latest Version 1.0.6

Last updated on Sep 24, 2021

Minor bug fixes and improvements. Install or update to the newest version to check it out!

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Additional APP Information

Latest Version

Request YOWA - YOUR WALLET YOUR WALLET Update 1.0.6

Requires Android

5.0 and up

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YOWA - YOUR WALLET YOUR WALLET Screenshots

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