Shag Coin is a revolutionary payment system which offers instant, secure and private transactions for the Adult Escort industry. Brothels and sex workers through out the world both legal and illegal struggle with secure payment systems. Banks and credits cards lack the privacy many clients require. Cash offers little security. In steps Shag. Shag comprises of two components. A private blockchain and token and smart phone app, Shag Pay.The Shag blockchain is created with a high level of privacy in mind. Shag is untraceable, Address are encrypted, transacted amounts are obfuscated. Shag is Decentralised.
Shag pay is a smart phone application being developed for both Android and IOS. It takes advantage of modern smart phones NFC chips to enable simple contactless transactions. Shag Coins can be purchased directly within the app or from a number of cryptocurrency exchanges and transferred to your wallet.Purchases can be made with a number local currencies (FIAT) or other leading cryptocurrencies. In the event the phone does not support NFC a barcode can be scanned to facilitate the transaction.The app can be configured as a full point of sale system, multiple selections can easily be added to the point of sale screen, customising the application for your requirements.
The Shag Market will be part directory, listing all individuals and business worldwide accepting Shag Pay and Shag Coin and part bazaar where you will find all variety of goods and services available for purchase online with Shag Pay.The Shag coin block chain will be powered by proof of stake master nodes know as Shag Nodes. Shag Nodes will facilitate the anonymous peer to peer transactions and in return will be awarded 80% of the transaction fees.Shag Your Customer is our version of KYC. Consumers of escort services paying with ShagPay will be rewarded with Shag Coin for confirming the escort is the same person in their photo’s. This process will form a part of the transaction so as to not be influenced by any other metrics.