With the recent e-commerce and digital dot-com bubble burst, businesses have experienced a 180-degree change in their mode of operations. The most recent disruptive technology which the twenty-first century has experienced is the alternative shift in the traditional finance. With the introduction of blockchain, the world is now moving towards the fastest mode of money flow with security and a sense of ownership. This resulted in the birth of bitcoin.
While the bitcoin has been the pioneer of decentralized finance, the native crypto holds its own demerits of low transactions per second and having woes. In the wake of recent paradigm shift, PointPay is leveraging on the blockchain technology thereby using traditional channels to maintain security and authenticity of funds management.
The exchange is now a trading screen or a terminal rather, that is linked with a native wallet which allows money storage, aims for blockchain enabled cards and creates the need for the first crypto-bank establishment. While the later are planned for next year, the management is keen on making the exchange one of the best experiences for current blockchain enthusiasts. Smooth interface, friendly options and fast conversion of crypto-to-fiat and vice versa are the leading competitive edge which the management boasts for the project.
The one-click currency conversion means that any user can deposit their traditional money into exchange and within one click can get a hold of any native digital currency. In terms of transfer, the process is simple, clicking on transfer button and mentioning the recipient id. For withdrawals, since the project aims to partner with traditional financial institutions, hence crypto-to-fiat and even crypto-to-stocks conversions hold true with just a single click. In a world when communication is just a WhatsApp message away, PointPay aims to replicate the same speed in the money flow aa well and this one-click currency conversion is just a glimpse of it!
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