$REQ REQ coin, full name Request Network, is a token of a decentralized payment network built on the Ethereum network. Here are some key information about REQ coin:
• Definition and function:
• REQ coin allows anyone to initiate payment requests worldwide and make payments in a secure way. All transaction information is stored in a decentralized ledger, aiming to provide cheaper, simpler and safer payment methods, and has the potential for automation transformation.
• Project Features:
• Request Network aims to support global transactions, regardless of currency, law or language differences, and is committed to building a lasting and effective payment network.
• Different from traditional accounting books, Request Network integrates computer transaction codes and manages multiple payment terms, which improves the level of intelligent payment.
• Market information:
• The circulation of REQ coin is 729,657,215 REQ, the total amount is 999,986,978 REQ, and the circulation rate is 73%.
• REQ coin is listed on multiple exchanges, including Binance, with a total of 35 active markets.
• Application scenarios:
• REQ coin can be used in a variety of payment scenarios such as B2B invoices to support inter-enterprise payment processes.
• Technical foundation:
• Request Network uses decentralized technologies such as Ethereum and IPFS to improve user security, privacy and data ownership.
• Token usage:
• REQ tokens have three core uses: incentivizing development, community voting decisions and facilitating currency exchange.
• Project background:
• Request Network was founded by Christophe Lassuyt and others, aiming to integrate accounting, auditing, taxation, etc. through blockchain technology to achieve real-time and efficient automated execution.
Through its decentralized payment network, REQ coin provides users with a new payment solution with the potential for global payments and space for automated transformation.