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MIG Token, the Utility of Token and it's Benefits for End User

Migranet introduces MIG, a unified cryptographic utility token, which will be used for the payment of services on the Migranet platform. The Migranet executive team and advisory board have over 300 years of combined leadership experience founding and growing technology startups and leading software development teams. Our senior management team includes business, global immigration, staffing, relocation, and legal experts. By allowing people to buy the MIG token during the Initial Token Offering (ITO), end users will have MIG tokens to use for immigration services on the Migranet platform. Migranet envisions the MIG token to be a utility token with the sole purpose of paying for migration services. 

MIG Token, the Utility of Token and it's Benefits for End User 

MIG Utility Token and it's End User Benefits:
  1. Service Payment - MIG holders can use the tokens to pay for migration services around the world without high conversion costs.
  2. Transaction Speed- Migranet’s introduction of blockchain technology ensures that transactions will be completed within seconds or minutes rather than hours or days, regardless of where one is. This allows people to travel while minimizing time expenditure on the process.
  3. No Transaction Limits - There will be no limits imposed on the amount of money transacted.
  4. Peer to Peer Exchange - The MIG token will be designed with an internally embedded P2P exchange allowing transactions between individuals without the use of third parties. This convenience greatly lowers transaction costs and helps eliminate theft and fraud. Migranet’s MIG utility token uses an encryption protocol to prevent fraud and counterfeiting. This results in added security, while still providing transparency and fairness throughout the platform. 

Migranet Will Use KYC Protocols to Help Clients Enjoy the Convenience, Protection, Excellence, and Affordability

Migranet’s design and functionality will be such that it guides user conduct. Migranet will use KYC protocols to help clients enjoy the convenience, protection, excellence, and affordability. KYC is the protocol businesses follow in order to verify a clients identity. With growing issues pertaining to corruption, terrorist financing, and money laundering, KYC policies have now evolved into an important tool to combat illegal transactions in the international finance field. KYC is how businesses protect themselves--making sure they are doing business with a legitimate person or entity. The security provided by Migranet’s KYC protocols will aid in convincing investors and users that their sensitive data will be safe from cybercriminals. 

Key Features that Migranet Provides

  • Artificial Intelligence - Artificial Intelligence offers individuals the freedom to select their host country based on the matching of their professional credentials and background declaration to the immigration requirements of potential destinations.
  • Blockchain - Migrants will use the Migranet platform to upload their professional credentials and background declaration during the application stage, prior to their professional assessment. Their credentials and background declaration will then be stored on the blockchain. The built-in smart contracts will also provide protection to migrants from fraud, malpractice, and misrepresentation.
  • Accredited Migration Practitioners - The Migranet platform will partner with accredited migration practitioners for cases that are relevant to Refugees, Family Cl ass immigration and immigration appeals. These partner migration practitioners will provide their expertise in the areas where AI is not able to assist.
  • MIG Token - By using proprietary MIG utility tokens the end users will be able to pay for migration services without high conversion costs. Tokens also allow for faster payment processing with privacy and security, with the benefit of transparency and fairness in all migration-related services on the platform.
  • Refugee Biometric ID & Skills Assessment - Migranet's app will assist organizations such as the UN with assigning biometric blockchain based ID's to the refugees at a refugee camp.

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