The banking system we are using today seems flawless. However, if you look under its surface, you can find that there are many problems and disadvantages you have to face. The easiest example you can find is the fee for transfer or transaction using the banking system.
It seems normal, but it could be much lower and cheaper if we remove all the unnecessary elements in it. So, how can we solve it? Fortunately, there is Blockchain technology for you. A banking system that uses Blockchain technology as the base will solve this problem.
PointPay Project
PointPay project is the first Blockchain-based banking system. This project offers three services for the users banking needs. There is PointPay Crypto Exchange platform, Multi-Currency Wallet and Crypto Bank. The Crypto Bank is the service that can solve all the problems we face in today’s banking system. Of course, the other two are also very useful service you can get.
The Advantages of PointPay
First of all, the usage of Blockchain technology offers many benefits for PointPay user. This technology doesn’t need too much money to operate. In fact, by using the Blockchain technology as the base for PointPay platform, it cut the fee a lot. This platform allows you to get the lowest banking fee ever. Compared to today’s banking system, you will know that this one is a much better system in term of the transaction fee.
Blockchain technology also offers the fastest process. The technology used in PointPay even can process 100,000 transactions per second. For example, if you want to transfer money or make a big payment to other countries, you don’t need to wait for hours and days. It can be finished in a matter of second. The smart contract in this technology also protects your transaction from any hidden or illegal activity that makes you lose your money.
The Crypto Exchange Platform from PointPay is another great thing you can find here. Just like its name, basically, this is the place where you can trade and exchange cryptocurrency. The PointPay team is also designed in this system to be easy to use. So, if you plan to invest using fiat currency or even exchange your cryptocurrency into fiat currency, you can do them all here easily. This is a good thing because it can stimulate the growth of the cryptocurrency transaction and investment.
Conclusion
PointPay will change the banking system in the future. We also can say that this project will create a better banking system in the future. And, like today’s banking system, PointPay also provides the payment method, such as debit or credit card. With just this service, we can see that the implementation of Blockchain-based digital payment can be realized soon.
Therefore, we see PointPay as a promising project that is worth to look for. They also open ICO event to collect more fund to develop the system, especially the banking system which is planned to be released in 2021. So, if you think you also want to join this system, you can invest your money by joining that ICO event.
For more information, please visit:
Website https://pointpay.io/
Whitepaper https://cdn.pointpay.io/WhitePaper__en.pdf
Facebook https://www.facebook.com/PointPayLtd
Twitter https://twitter.com/PointPay1
Telegram https://t.me/pointpay_talks
Youtube https://www.youtube.com/channel/UCS-_VDX97myxM5yLPYezH-w
Linkedin https://www.linkedin.com/company/pointpay/about/
Author https://bitcointalk.org/index.php?action=profile;u=1646336