Why Largo Coin Is the Perfect Instrument to Create Trust in Retail Trades

Retailers are always at the receiving end of challenges caused by the dominated global trade industry. The ease of doing business is zero because the powers that be are always pushing hard to control the system at the detriment of retailers.
What the global trade markets need now is to have a definite solution that will break the ranks with centralized parties and big shots. That way, there will be devolution of power targeted at returning powers to the end-users cum retailers.

Largo Coin’s Devolution Tendencies

Largo Coin is a blockchain-backed platform that wants to return powers to retailers by revolutionizing how transactions in the global trade markets are facilitated.
The devolution of powers, in this case, means that Largo Coin will use a blockchain network to initiate peer transactions between consumers and businesses. It will also do the same by initiating transactions between consumers and other consumers.
The intention is to create a full-blown global trade ecosystem that will cover all the players in the traditional global trade industry. The difference here is that everyone will be bound by the dictates of blockchain technology, which is to decentralize transactions for everyone to transact among themselves.

How Largo Coin Is Protecting Sellers and Buyers
You will remember that Largo Coin is committed to fostering Business to Consumers (B2C) and Consumers to Consumers (C2C) transactions. In the same vein, it is doing all that because it has a systematic way of protecting the interests of the buyers and the sellers.

Below are some of the ways that Largo Coin is ensuring both the sellers/e-commerce merchants and buyers/consumers are not shortchanged in the course of their transactions:

• Largo Coin Escrow
  The first application is by delegating Largo Coin’s escrow service (on the invitation of the transacting parties).
  The essence of using the escrow service is that it helps to increase the trustfulness of the transactions by restricting payments. The idea is that payments will not be made to the sellers until the buyers confirm receipt of the products in good condition.

• Cryptocurrency Payments
  It’s been a long time coming since cryptocurrencies were looking for a way to break into the traditional payment system. Starting from Bitcoin and down to Alternative Coins (Altcoins), it has been a struggle.
  An ideal way of driving adoptions of cryptocurrencies is to implement them for use in already-existing infrastructure. That is what Largo Coin does by allowing merchants to integrate the Largo Coin (LRG) for cryptocurrency-powered payments.

• Finalized Transactions
  Sequel to the use of Largo Coin (LRG) for payments, there is another undertone to it.
  All transactions facilitated with LRG and indeed any other instrument delegated by Largo Coin is final. So, you are confident that merchants wouldn’t try to manipulate the system by claiming that they did not receive payments for your purchase.
  Besides, transactions are scaled in a matter of a few seconds and in a minute, your payments will be completed.

Wrapping Up
Largo Coin is here to reinvent retail trades and make the same trustless for every party to thrive. Why not be a part of it

USEFUL LINKS
Website: https://largocoin.io/
Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5200762
Telegram: https://t.me/largocoin_chat
Twitter: https://twitter.com/largocoin
Facebook: https://www.facebook.com/LargoCoinPublic
Medium: https://medium.com/@largocoin
Reddit: https://www.reddit.com/r/largocoin/

AUTHORS DETAILS
Bitcointalk Username- Devotea
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2767689;sa=summary