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INTRODUCTION
The lapses in the traditional banking system is not unnoticed,although people before now solely depended on its services. But obviously,moral decadence has creeped into the system too. People have lost their trust in its ability to manage and safeguarded their assets, this is because of their incompetence in recent times and how questionable their service has become.
People have lost a good number of valuables, both in cash and other assets due to the discrepancies of this system, exorbitant transaction fees not to mention the time wasted during transaction processes.
The activities of these banks most times are altered by political decisions or government policies, Other times, individuals can face nasty attitudes that could come from the service provider as well as network issues. These are the problems the newly developed digital market addresses.
As more and more systems are developed and individuals take their business to the digital platform, people have also resulted to trade on the digital platforms with the assurance of saving their time, with little or no transaction fee involved and most importantly the safety of their assets is guaranteed.
These aforementioned reasons gave rise
to the creation of a platform that will give every user the safety assurance needed and allows them to invest in assets.
INTRODUCING THE OROPOCKET SYSTEM
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OROPOCKET can be said to be an upgraded version of the traditional banking system, it is a decentralized platform that tends to replace the traditional banking system. The platform is an open finance protocol based on the blockchain network.
The platform's main investment medium is assets, an investor can invest in multiple assets, multiply his wealth and gain liquidity from all of them without going through so much stress, waste of time or incurring unnecessary charges as suppose to the traditional banking system.
The platform has lots of unique characteristics that makes it a better option to the traditional banking system.
EXCEPTIONAL ATTRIBUTES OF OROPOCKET
-- QUICK AND RELIABLE TRANSACTION
The system helps in carrying out instanteous transfers between investor and users. Their services are quick and reliable, thus the investor or individual is certain that nothing will go wrong during or before transaction.
-- PROVISION OF DEBIT CARD
The system has developed an asset backed debit card for easy access to funds by its users regardless of their location.
-- OPEN FINANCE
It also offers a system which breaks the hedge between the traditional banking system and decentralized finance and creates a platform for communication between its users, investors and the blockchain community.
-- ABILITY TO EARN THROUGH YOUR ASSETS
Individuals can also earn from the platform by holding their assets on the oropocket platform for a period of time, as there is added value on holding assets for a while.
-- RELIABLE LOAN SYSTEM
Users can equally lend or loan out their assets and get interests that equates to the value of these assets lent out.
As this system was developed for individual's banking satisfaction and asset security. It's benefit are thus :
BENEFITS OF USING THE OROPOCKET SYSTEM
OROPOCKET helps users diversify their income as an individual can invest in multiple assets and earn from all of them.
The investment on this platform is solely the users and is safe in case the system winds up, assets will not be affected, the system is transparent and recorded on the blockchain.
Unlike the traditional banking system system, money on this system never depreciate value instead it appreciates with time, one can also invest on oropocket with a little amount.
CONCLUSION
Oropocket will not only bridge the gap between traditional banks and decentralized finance through its open finance operations, it also aims at developing a sustainable platform for token holders to get rewards for participating in the financial system.
The network promises to be the best solution to the global financial crisis using its assets value. Hence, users can have a feel of an incomparable banking experience on the blockchain via their assets.
For more information, kindly visit https://oropocket.com to know more
Article Written by : Adasofunjo Michael Oluseye
Telegram Username: @Seyeski