Although the traditional banking system is still used by millions of people world wide it has many issues and challenges.
Security: Security is one of the most significant challenges for online banking marketers. This is because, in the past, if a robber was going to steal a person’s bank savings, he or she would have to break into the bank vault, and make a daring escape with the money. This was an extremely difficult prospect and involved a lot of danger and risk. More than 32% of the world population is unbanked, with no other means to receive remuneration and to make payments than by hand-to-hand transfer.
Difficulty in Transaction: It can be significantly more difficult and time consuming to deposit or withdraw money from an online bank. Not only do online banks often have fewer ATM’s than their traditional counterparts, but it also can simply take longer amounts of time for deposits to be processed and put into a bank account.With ever increasing KYC requirements, banks impose ever tighter restrictions on keeping or getting a bank account. Since 2008 banks terminate existing customers or refuse bank accounts in exponentially increasing numbers.
Technical issues: Because online banks rely so heavily on their online platforms, this means that they can generate substantial losses if their systems crash or if there are bugs in their code. A single technical issue that causes a bank to be down for a day could cost the bank millions in losses.
Trust issues in the baking system: The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust banks with our privacy, trust them not to let identity thieves drain our accounts, and we have to trust them that we in fact get our money back when we need it.
Traditional banking habits, security, technical issues, transaction difficulties, and small marketing budgets are all major challenges that online banking marketers will have to reconcile if they are to succeed in this field. However, the solution to this issues with the traditional banking system is right here with Aureus Nummus.
Aureus Nummus: The Aureus Nummus is a new standard international payments and saving platform that is Compatible with all major payment systems, payment can be done to Aureus Nummus by cash, wire transfer, credit card, cryptocurrencies and precious metals. Aureus Nummus coins also may be bought back, at a discount, by cash, wire transfer, credit card, cryptocurrencies and precious metals.
Features of Aureus Nummus:
• Transactions are almost instantaneous, cheap and easy.
• The Aureus Nummus is backed by 1:1 directly allocated physical gold or gold equivalent.
• The ANG provides significantly enhanced stability due to its gold backing.
• The Aureus Nummus does not require unchangeable supply. users to have a bank account nor a line of credit such as a credit card in order to own any of the Aureus Nummus cryptocurrency.
• The ANG does not require your trust. Its consensus protocol eliminates completely the need to trust intermediaries.The ANG does not need banks to pay bills or remunerations.
• No downtime, no censorship, no fraud, and no third-party interference. The AN’s ERC20 based consensus protocol is totally safe.
Aureus Nummus gives all the reliable means of transaction. Free of inflation, Stable value, fixed supply that never can be changed again, no bank account requuired and it's completely decentralized.
Stay connected with Aureus Nummus with the links:
Website: https://an.gold/portfolio/what-is-the-aureus-nummus//
Telegram: https://t.me/AureusNummus_community
Twitter: https://mobile.twitter.com/ANummus
Whitepaper: https://an.gold/wp-content/uploads/2019/08/AN_presentation_wd.pdf
Writers Details
Bitcointalk username: Chika08