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1  Alternate cryptocurrencies / Altcoin Discussion / JCOIN is the first car manufacturer, car importers/exporters, e-commerce Blockch on: April 17, 2018, 02:17:54 PM


JCOIN TOKEN The first Car manufacturers, Car Importers/Exporters and E-commerce global payment solution, this contract has the potentiality to revolutionize the Car Import/Export and E-commerce payment systems.
It is inevitable that cryptocurrency will become a vital part in the future Car Import/Export and E-commerce world. We believe that the main purpose of cryptocurrencies is to make payments easier, which is the key aspect of human economic activity.
In accordance to our projected road map, the JCOIN project plans to positively up set the financial eco system of car manufacturers, car importers/exporters , insurance companies, service stations, banks and leasing companies, dealers, etc. Since import & export companies need to make and receive constant overseas payments, exchange rates are highly significant in their financial planning. Unfortunately, exchange rates are volatile. But the challenges caused by foreign exchange don’t stop there. The execution itself of money transfers can be slow, costly, and can break down. Considering this mentioned above, JCOIN offer a new solution in the car manufacturer market to introducing a new type of relationship between cryptocurrency users around the globe for faster and easy payment.  
   
 
What is JCOIN?
JCOIN is the first car manufacturer, car importers/exporters, e-commerce Blockchain solution that was specifically made for global payment transactions, and financial services. Which when integrated has a potential to speed boat transactions and make service delivery more efficient and reduce the difficulty experienced by when using fiat currency transaction
We are in the biggest currency shift in human history and In JCOIN, people and businesses buy and sell a broad variety of goods and services worldwide. Shorten the distance between buyers and sellers through the JCOIN Payment gateway in a completely new method.
It is expected that JCOIN will become a major token in funding and develop automobile applications and projects, similar to the way ETHs are used for current ICO generation.
JCOIN’s vision is to become a token that is accepted as a payment for car manufacturers, car importers/exporters, e-commerce transactions for Amazon, Alibaba. Customers will use JCOIN, JCOIN visa/master card to pay for goods.
Furthermore, JCOIN will launch e-commerce platform called jcoinshoping.com in which customers can use JCOIN to purchase goods, services and other benefits.
We live in a period of rapid technological advancements that has shaped how businesses are done and what business means. The upcoming generation will need a fast and reliable means of transaction. They desire authenticity, security, reliable means of buying and selling. This is the role JCOIN has come to play in the global  economy.
 
Problems in car manufacturing industry:
Nonetheless, import & export companies still face heavy financial challenges. Since so much trade is done locally and internationally, so much can go wrong. If trade finance is not managed properly, the car import & export industry stands to lose big. And, due to the fact that we are dealing with multiple countries, there is a lot to consider.
The car import & export industry by its very nature faces certain challenges and risks. If not dealt with properly, these challenges can and do put companies out of business. The following are the main challenges and risks Japanese import & export companies face. JCOIN Token is here to provide the lasting solution to these challenges
https://jcointoken.info/
a.   Trouble with financing and loans
One of the most significant challenges facing international import/export companies today is in getting trade finance. The nature of these companies is to do constant and immediate business. They need to get stock on time, and when it gets stuck at customs, they end up with cash deficiencies. Unfortunately, banks don’t supply quick financing. The process takes far too long. Furthermore, it’s getting harder in general for small to medium enterprises (SMEs) to get bank loans. Lately, with economic conditions highly uncertain in the Japan, banks are tightening their pockets. This is where jcoin will come to play, replacing bank  financing and loan
b.   Currency volatility
Since car import & export companies need to make and receive constant overseas payments, exchange rates are highly significant in their financial planning. Unfortunately, exchange rates are volatile, and even small fluctuations can make a big difference. When you’re dealing in millions, as big corporations are, a few cents one way or another amount to significant losses. When trading with regions that have more volatile currencies, there can be big changes on a day-to-day basis. In the aftermath of Brexit, the Japan has become one of those regions, with the Yen on very uncertain footing for the foreseeable future. This means that you can import or export the same amount of units in consecutive months, but get paid significantly different prices for them.
When you’re relying on a certain income for the continuation of your business, these unexpected swings can cripple you. You might be left in the lurch, unable to pay suppliers or meet your other expenses.
c.   Execution of money transfers
But the challenges caused by foreign exchange don’t stop there. The execution itself of money transfers can be slow, costly, and can break down.
1.   You need to set up a collections system. This is especially relevant when it comes to car import finance. If the recipient does not pay you on time, you could be left flailing. And while it would be easier to collect in the Japan (but not always that easy), you need to now handle debt collection in a foreign country.
2.   Payment processing itself sets you up for a lot of trouble. You need to process payments in accordance with the laws of more than one country. You need to use efficient systems that are suited to overseas payments.
3.   Repatriation of capital is limited strictly by regulatory authorities in all countries. This is so capital is not drained from the country in a small space of time. So, when you wish to bring your capital back to the Japan, you’ll face limits and some resistance. JCOIN Token will put an end to all these
4.   Paying suppliers sets up challenges. If they’re using a system that is costly or inefficient, you need to negotiate who pays the fees. Overseas payments for car imports can get tricky, both financially and organizationally.
d.   Clearance procedures and taxes
Everyone dreads bureaucracy and taxes. But car import/export companies face the biggest challenges. They’re dealing within the limitations of trade agreements and if procedures are not carefully handled, they can end up in hot water. Tax is a tricky subject, seeing as different tax laws apply to different locations. Ultimately, you end up with masses of documentation, along with associated costs.
e.   Charges of import duty, fuel prices, and other independent variables
One of the more difficult challenges to deal with is the impact independent variables have on prices. Countries often hike import duties. Fuel prices are often changing, increasing the costs of transport. Other factors affecting prices in countries with which you’re dealing can increase costs of transport and goods. These are factors you have no control over.
https://jcointoken.info/
 
The ICO
The JCOIN ICO will be launched on April 15th 2018 by a team with solid and relevant skills to execute at the enterprise level. Please check the JCOIN website (www.jcointoken.info) for the latest information. The JCOIN ICO has clearly defined realistic goals. Efficient utilization of funds, as well as business-based thresholds for both minimum and maximum raise will be available. Furthermore, the ICO and post ICO development is governed by the industry’s best practices in good governance for the project, team and technology. We are also offering premium rewards for early joiners.
 
ICO Structure
ICO Structure: The ICO will feature 21million JCoin Token (21, 000,000) for sale, with each coin creating a broader opportunity to be held by JCOINholders. Only 21,000,000 JCO is currently available as pre-mined to be sold in ICO. This means that the rest of the coins will be mined by the JCoin community. The ICO sales will run from 15th  April 2018 to  1th July 2018. The official price for the ICO crowd sales is start from $0.40  To join ICO sales visit www.jcointoken.info
  

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