How would you like to send money to a relative without connecting to the internet? Now you can, with Oracol Xor.

Three billion people are using phones without the internet in underdeveloped countries, and they can definitely use this system to send and receive money. However, the real business is in developed countries, and people in those countries tend to get minutes when they go abroad, as roaming internet is more expensive. Now they can keep their finances alive when they are traveling outside of their country, receive money in case of an emergency or send money to a relative when something happens. You may lose your wallet, run out of cash, or simply want to send cryptocurrency to another party. There may be hundreds of different scenarios for requiring financial transactions abroad, and it is nice to know that these transactions do not require the internet. The real bread and butter of the platform are expected to be in underdeveloped countries where people simply do not have the means to get the internet on their phones. Their relatives working on developed countries want to send them money, and the unfortunate recipient of the money usually has to pay exorbitant fees to a middle man. Removing this barrier of the internet not only helps these people pay significantly fewer fees to receive money but also to investors as the customer base will be exponentially larger.

Send money under water!

The ORACOL XOR platform will have a card that is similar to a debit card, and you will be able to simply scan a QR code to transfer the amount in your account. The platform has a social aspect as well, and it is a large part of it. The XOR coin will be used to monetize the Oracol world, and it will do what Facebook has been trying to for ages now. You will be able to send and receive money to your friends and relatives using the simple social media interface. I registered on their social media page at https://oracolxor.world/, and I liked the simplicity of their social media platform. Instead of registering a new account, you can also log in with Facebook, which simply removes any difficulty in the entry as a barrier. As you may already know, grandma and grandpa use Facebook, and if they can log in to a site using their Facebook credentials, then they are good to go. Technophobes can simply use their Facebook, login, and use the wallet already on the site, instead of dealing with private keys, exchanges and the such, which are quite tricky for a lot of people.

Like that futuristic phone? Write about it in comments.

I have also looked at their web wallet, and once you log in, it is easy breezy at https://www.oracol.mobi/account/wallet The wallet on their web site is geared towards technophobes, and if you are a nerd yourself, then you can download their desktop wallet. If you are using your phone, and your phone only, you can download their app for your phone. The platform is an exchange itself, and you can convert various cryptocurrencies to each other. Having this exchange enables the people sending and receiving money to withdraw in the form they want, whether it is bitcoin or ethereum or any other coin supported by the exchange.

Website: https://www.oracol.mobi/ref/466

Twitter: https://twitter.com/OracolX

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