The mobile phone is by far the most popular and demanded gadget. It is used not only for direct conversations with each other, but also for the transfer of information in many other areas of human activity. This is explained by its simplicity, convenience and functionality.

In addition, these devices are used to search for information on the network, communicate, exchange files and process them. For all the versatility and efficiency of smartphones, there are thousands of applications that sometimes distribute low-quality content.

The Swip platform offers a comprehensive mechanism for analyzing the supplied information, which comes from both mobile content providers and users themselves. What kind of project it is, what opportunities it gives and what are its advantages - in the material below.

About the Swipe project

This cryptocurrency is a decentralized application for mobile phones. Its main task is to contain, store and communicate digital data among themselves. Today, there are statistics that say that any average owner of a smart device pays attention to this gadget more than 150 times a day. It should be noted that the income of developers of mobile tools directly depends on the frequency of use of the device.

However, there is a problem in this area that has been voiced by the majority of users. It consists in the presence of a large amount of unnecessary content in applications. So, the site seeks to eliminate these difficulties by offering customers a mechanism, using which each participant will receive a reward for information about himself. At the same time, the blockchain technology will be integrated into the resource, due to which the exchange of information will be completely confidential.

Also, due to this function, the authors try to attract new users who will have access to fair and transparent trading on the site. The web encourages users to share their data by providing verified products in return. That is, only useful and verified information will be transmitted and no advertising, useless files and other things.

Indeed, in fact, the number of different applications is very large. Considering that most free programs use advertising to monetize, the repulsive nature of marketing is very clear. It is unprofitable and ineffective for a network participant to use a tool in which one fourth of the time from all work is occupied by advertising messages, videos, banners.

The site has set itself the task of solving difficulties with this type of data dissemination by building recommendations based on the analysis of user behavior. This will help eliminate the spontaneous clutter of mobile content with various advertisements. For developers, this nuance is also important, since most often it is difficult for them to fill their product with such banners. With this platform, smartphone app developers will be able to spend more time creating and updating content rather than regulating marketing blocks.

This electronic resource also offers a digital repository for the safe keeping of assets. SXP is a service coin. It is intended for communication within the purse and card systems. The wallet was formed so that the internal token could perform the entire set of its functionality, including the provision of services and withdrawals.

The system participants have access to the operation of their own tokens upon activation, and thanks to them, users will have access to the functional tools of the site. For example, when registering an electronic storage, the client needs one coin on the deposit to activate and start using the integrated functions based on the Smart Wallet smart agreement.

This wallet will be the main application supported by a whole line of products. All of them will be connected by the Ethereum information blockchain and using Wallet smart agreements and Time Lock agreements, which are open source. Initially, the e-wallet will support about 20 blockchain coins, which will be available for trade, purchase and payment through the application.

The main tasks of Swipe are:

motivating people to transfer data privately;
expanding the use of smart contracts and monetization opportunities;
ensuring security and transparency throughout the network.
The project is quite promising, as it received a lot of attention from users. There are over 7 thousand subscribers on the projects telegram page. The audience has already been formed and is still growing, which means that the site is gaining mass recognition and taking root in the field.

Swipe features

Swipe Wallet is the main startup Swipe.io. Users can purchase, trade, or convert their electronic assets using direct fiat transfers within the apps digital storage. They can also purchase gift certificates. The resource token activates every mechanism of the wallet, namely everything related to its services, asset transfer and other Swipe transactions.

System participants who link a bank account to the network can trade and pay with crypts. In addition, they are allowed to make in-app crypto purchases and manage their deposit there. This account works like a debit card. The user can have a virtual or real version for any trading services.

Swipe cards are of several types:

Slate Metal, or premium, offers 4% cashback on all purchased items. To access it, you need to have at least 300 thousand coins on your account within six months. Access to funds through an ATM allows you to quickly withdraw money without commission for foreign financial transactions.
Swipe Saffron, or Basic, offers a 1% return on all purchases and ATM access. Holders can hold any amount of coins on the account, as there are no limited limits.
Own wallet was created to expand the range of services for users of iOS and Android operating systems. Thanks to him, you can create multi-currency wallets and quickly operate KYC transfer services.

The site seeks to ensure control over intermediaries using smart agreements and transparency of all network data, in parallel with this, active work is underway to modernize the security system. The main directions of the project:

development of a marketing company;
monitoring user behavior;
analysis of devices and networks;
advanced targeting based on account records.
The data is processed according to the data schema specific to the industry taxonomy and context. Thus, each participant is guaranteed to receive fair and transparent trade in information through a decentralized marketplace between users, application developers and buyers. All sources are tracked and analyzed in the ledger, so those who purchase content no longer need to take risks and buy low-quality products.

How is Swipe created?

This cryptocurrency platform was introduced to the market on August 16, 2019. The main goal of the authors of the project was to eliminate the difficulties of using mobile applications due to the abundance of aggressive advertising, integration and popularization of blockchain technology. This new digital project owes its success to its development team:

Clifford Lim is the creator and CEO of the Swipe cryptocurrency. The specialist has extensive experience in managing such business operations, as he oversaw procurement at IBM and Lenovo.
Andrew Marchen is the technical director. Quite an experienced ICT professional and architect. He is also an active advisor to various blockchain projects in the social, financial and market sectors.
Quai Chong Sean has over a decade of experience in the cryptocurrency and MNC industry, including product control and strategic business growth in innovation and analytics. He holds an MSc in Software and Blockchain Technology from Singapore Nanyang University of Technology.
Liane Vayer is a technology specialist with experience with roadmaps. Possesses knowledge in product promotion all over the world.
The success and rapid growth of popularity in the field was ensured thanks to the work of experienced specialists. A strong development team took into account all aspects of the issue and developed the most optimal solution for it.

Is Swipe endless?

The site operates using the Swipe cryptocurrency, the SXP token. The coin is intended to pay commissions for financial transactions within the network. The token can be converted into other digital assets, used when purchasing electronic gift certificates, used to contribute to a debit account to increase a membership rating, exploited for the purpose of calculating discounts for a commission on a resource, and purchased for improved bonus payments.

Users can use digital currencies to activate benefits based on balance in their electronic cash vault account. All platform wallets require an account with at least 1 coin. This is necessary in order to launch and successfully operate the integrated tools and functionality based on the Smart Wallet smart agreement and fulfill our obligations. The consensus protocol was formed and launched on the basis of the already promoted Ethereum.

This coin cannot be mined. That is, all assets were activated and launched on the market immediately or created only by the developers of the company (its creators). The number of all presented coins to date is more than 61 million tokens, which is equivalent to 20% of the total volume of the Swip currency. Thus, the maximum number of coins is 300 million.

Strengths of Swipe

The Swipe crypto is in demand in the market and has gained a large number of adherents due to the presence of several important advantages:

An accessible, honest and thoroughly analyzed database of user information - that is, developers can not only monitor data based on the site, but also transfer information to other organizations through secure channels.
An integrated approach to statistics and analytical techniques can improve the quality of content service.
Information flow control - developers and network users fully coordinate agreements on the use and movement of information recorded in smart contracts.
Personal Content - By tracking user activity, you create better targeting and eliminate unnecessary content channels.
Incentives - for the transfer of information and statistics, the user receives charges.
Using a token is a universal way to activate interaction within a platform equipped with rich functionality. Advertisers can purchase marketing packages for coins, and all the nuances of the agreement are controlled by a smart mechanism.

Swipe in TOP currencies

The Swipe cryptocurrency rate has been quite stable since the coin entered the financial market. So, today the project occupies the 59th position in the rating of digital assets in terms of capitalization. With the development of mobile technologies and the emergence of new operating systems, it is necessary to form appropriate tools. This means that the resource has prospects not only at the moment, but also in the future. The company has created a product that so far surpasses the counterparts of most cryptographic companies. The main competitor is Hedge Trade, which even surpasses crypto in terms of trading volumes and capitalization. However, in light of the growth in the number of users of Sweep, analysts believe that in the near future it is quite possible that it will lead in this niche.