Entry Money- The people's bank of the blockchain

in blockchain •  7 years ago 

The economic crisis in 2008-09 led to a huge loss & people lose their faith in the global banking. The lost in global banking was a prime motivator which led to the birth of the bitcoin. The loss of trust on the banks led to the emergence of a "trust-less" method of cash that is the electronic cash system which is base on the technology of the blockchain.
The world economy is still struggling sluggishly with the real growth today. Transferring money for remittance, money lending or transferring across the international border is way too complicated & time-consuming, which is the real pain. The existing systems are running on the traditional banking channels which are way too slow and full of intermediaries or mediator which often led to more time consuming, higher exchange rates as well interest rates, counter-party risks, bureaucracy and bunch of paperwork.
A wonderful platform has been developed- People's bank of the blockchain. ENTRY, a bank based on the blockchain technology. Entry Is a blockchain-based banking service which is designed to escalate the usage of the cryptocurrencies in the economy. The platform is empowered with the Artificial Intelligence for multi-utility financial platforms. While designing the Entry it was kept in mind, the fiat currency, as well as cryptocurrency, can be used in the real economy by people without concern the technology.

Entry exchange

Entry Exchange acts as a virtual clearing-house for all the transactions which occurs on the ENTRY Platform. Initially, the platform will allow the users to sell or to buy the cryptocurrencies like BTC, LTC, BCH, ETH, and DASH. The platform will even incorporate the fiat currency. Initially, the platform will be only using Euro but will soon incorporate the major other fiat currencies like Pound (£), Dollar ($), Japanese Yen (¥) and many more to provide liquidity in the ENTRY ecosystem. It will be connected to other exchanges to maintain liquidity for all platform operations. It will have ENTRY Token as one of the main exchange pairs in Entry. Exchange and reward those who will hold ENTRY Token in their account. We aim to enlist our Token of Entry. Exchange after the closure of ICO. Since all the services will be active before the end of Token offering, Entry will have a huge user base when it enlists its Token on the exchange. Therefore, this will ENTRY.

Wallet

ENTRY wallet would be a significant future expansion of the Entry Network. It will be a multicurrency advanced wallet that enables the clients to store fiat and in addition digital currencies and hold private key electronically. The blockchain innovation encourages the clients to get coins, make installments through blockchain resources and screen the adjust.

Furthermore, the members of ICO require an advanced wallet from which they can put resources into the digital money showcase. ENTRY wallet empowers the clients to utilize this wallet on the in-house trade stage and in addition to various other trade stages. This usefulness is a key component for the future interoperability of the ENTRY wallet.

Core Team

For More Details

Website: https://entry.money/

ANN: https://bitcointalk.org/index.php?topic=3229958.0

Whitepaper: https://entry.money/ENTRY_Whitepaper_v1.pdf

Facebook: https://www.facebook.com/entrymoney/

Twitter: https://twitter.com/EntryMoneyICO

Linkedin: https://www.linkedin.com/company/entry-money/

Telegram: https://t.me/Entry_Official

Reddit: https://www.reddit.com/r/EntryMoney/

Author details

Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1190078
Telegramme: @ish_rox

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BCHBitcoin Cash999.268$0.19%-22.13%
BTCBitcoin7378.170$0.77%-13.35%
DASHDash319.447$0.18%-20.4%
ETHEthereum572.948$-2.09%-20.02%
LTCLitecoin118.745$0.83%-14.59%