Undoubtedly, the immense improvement in the environment is totally owed to the advancement in the development of innovative technological tools. Everyday, the global population is presented with new equipment designed to simplify work and transform the traditional ways of performing various activities.
When it comes to the financial industry, it is safe to say that there has been an explosive rise in output and a revolution within the network. This is as a result of the introduction of Decentralized Finance (DeFi).
This is a financial system that eliminates the need for an intermediary or third party in the process of transaction,it is characterized and facilitates the utilization of a virtual form of money that is backed by solid cryptography known as cryptocurrency. All this is possible and built on the basis of the blockchain technology.
Meanwhile, the adoption of the cryptocurrency system over the years has been quite slow as it is still a developing paradigm of finance. This is owed to the fact that there are complexities,high transaction cost,security issues and so on in transacting with these digital tokens,sadly there hasn't really been some improvements made and various efforts at curbing them have proven abortive until now.
INTRODUCING AMEPAY CRYPTO PAYMENT SYSTEM
This is a cryptocurrency based payment alternative designed to be seamless,convenient, highly secure and swift. It is a decentralized payment system that is built to check complexities within the cryptocurrency ecosystem, improve transaction speed as well as eliminate the presence of third parties in the transaction process by replacing it with a more cost effective, quicker, affordable and structural simple solution.
The rationale behind this establishment is to create an approach that is consumer-business centered and to innovate the digital payment landscape by integrating the immutable blockchain technology as well as a dedicated cryptocurrency.
This approach will facilitate the generation of a decentralized marketplace where users can transact with their security intact.
HOW DOES AMEPAY INTEND TO IMPROVE THE CRYPTO INDUSTRY
Amepay intends to enable a crypto to crypto and crypto-fiat settlement gateway in order to simplify transactions for users.
A blockchain technology that is open to participants and is operated with a unique digital token(cryptocurrency)
For crypto users, Amepay will consolidate a decentralized marketplace where users can exchange their tokens without fear of vulnerability or incurring high fees.
Cross border payments have gotten more easier with Amepay,users can conveniently engage in transactions across different countries without fear of incurring high fees.
The Amepay system is backed by an innovative framework called AMEPOS which is notable for providing cutting edge point of sale(PoS) software and hardware,web applications for android and iOS devices in industries including healthcare, finance,restaurants,cloud services and business management.
ABOUT THE TOKEN
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The AME token is the unique currency of the AMEPAY ecosystem that is developed using the etherum based erc-20 protocol that will be utilized for every transactions conducted within the Amepay infrastructure.
Being built on the Ethereum network, AME token will become the driving force of the system seeing as it facilitates the smooth running of the system.
CONCLUSION
The cryptocurrency space has for long been a dreaded place for the population of the world who are not yet digitally exposed, and as such has seen a rather slow adoption rate,but with Amepay,all that is going to change.
Amepay offers a decentralized,reliable, secure,swift, cost effective and borderless alternative to cryptocurrency financial system and with its adoption will completely reshape DeFi for the better.
USEFUL LINKS
Website: https://amepay.io
Whitepaper: https://amepay.io/static/theme-assets/whitepaper/amepay-whitepaper.pdf
Telegram: https://t.me/amepay
Twitter: https://twitter.com/ame_pay
Facebook: https://web.facebook.com/Amepay-114622167001761/
LinkedIn: https://www.linkedin.com/company/amepay/
Medium: https://medium.com/amepay
AUTHOR’S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary