INTERNET CITY, DUBAI, 1 December 2022 – LBank Exchange, a global digital asset trading platform, has listed CRYPTOLLS COIN (TOLLS) on 1 December 2022. TOLLS/USDT trading pair is now official for all LBank Exchange users. available for trade.
As a blockchain-based payment settlement project for commercial transactions, TOLLS creates a system that allows non-operators to easily make payments. Its native token CRYPTOLLS COIN (TOLLS) was listed on LBank Exchange on December 1, 2022 at 9:00 UTC to further expand its global reach and help it achieve its vision.
Meet TOLLS
In branch stores, payment settlements through the credit card payment network established by credit card companies over the decades follow the method of depositing through a linked bank account. The reason is that the centralized method is a structure that cannot operate except for banks in the field of payment business.
The current situation is that affiliated stores are simply following the method they have been using for decades, but even if they are unhappy with the payment settlement problem, they cannot try to change it. There are various problems in the existing payment settlement method of branch stores, and the background of TOLLS TOKEN is the application of blockchain technology in branch store payment settlement to solve such problems.
TOLLS TOKEN’s e-wallet provides a technology that settles the credit card payment amount of branch stores with tokens in real-time through an e-wallet. As merchants accept payments through e-wallets in real-time when card payments are made, they can verify the integrity of issuances in real-time. Currently, the settlement amount to be settled in the closed store is not paid to a centralized bank balance, but to TOLLS TOKEN, a decentralized blockchain.
In addition, TOLLS TOKEN, which is settled through an e-wallet in branch stores, can be cashed directly through an ATM or withdrawn to your bank account in real time. In addition, the TOLLS TOKEN in the e-wallet can be transferred to the e-wallet of another affiliated store, and the transferred TOLLS TOKEN is finally and automatically reported to the National Tax Service with the business number or resident number of the real income earner. income that is converted into cash through an ATM or bank account, allowing them to be taxed according to the principle of actual taxation.
Aiming to go one step further to solve the existing problems of the current connected store payment settlement method, TOLLS will create a system that allows non-operators to pay easily, distribute TOLLS with tolls incurred by payment and then allow payment in kind. with TOLLS. The team has carefully planned the next four years and will do everything possible to stabilize the system.
About TOLLS Token
TOLLS is developed on Claytn-based technology, taking into account the transfer speed and gas cost between crypto-platforms. It is used for the settlement of a commercial transaction and will be applied as a token that is rewarded by bringing profit to the owners and the Payments distributed to the owners will be adjusted according to the settlement amount of the commercial transaction.
The total supply of TOLLS is 500 billion (ie 500,000,000,000) tokens, of which 40% will be allocated to the token sale, 20% to ecosystem building, 25% to development costs, 10% to team members, and the remaining 5% to rights and will be used for accounting work.
TOLLS token was listed on LBank Exchange on December 1, 2022 at 9:00 UTC, investors interested in TOLLS investment can now easily buy and sell TOLLS token on LBank Exchange. The listing of TOLLS token on LBank Exchange will surely help to further expand its business and attract more attention in the market.
Learn more about TOLLS Token:
Official website: http://www.tolls.co.kr/
Telegram: https://t.me/+xcpXosUxVdU1YmQ1
About LBank
LBank is one of the best cryptocurrency exchanges founded in 2015. It offers its users specialized financial derivatives, expert asset management services and secure cryptocurrency trading. The platform includes more than 7 million users from more than 210 regions of the world. LBank is a leading developing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.
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