Hey! New week, new review is here:) I want to give you couple of my ideas and personal vision about the crypto adoption and the role of NUPay project in that process.
Tech progress is moving our society rules and habits, nowadays most of people in the developed countries own credit/debit cards and making daily purchases and payments by using them. Fiat money become less priority way of payments and it seems to be normal, because digital money give us more freedom and more possibilities to make purchases just in one click, sitting on the couch at home, it is fast, transparent and comfortable.
But if you turn to history, you can see that first bank card was issued in 1951 in USA and that this is actually a pretty old payments way with personal problems and questions.
Lest speak openly, bank system is totally centralized and the main problem is when bank collapses your savnings are collapsing with it.
There are a lot of examples of it, lets take a short look on financial crisis of 2007–2008, when a lot of banks are collapse, even the biggest ones like Lehman Brothers. A lot of people loose most of their savings or freeze them for a long time with all that situation. In one day a lot of people was trying to withdraw their deposits from collapsed banks, but most of people get nothing and was very dissapointed. Later the goverments covered losses of most people, but a lot of time and nerves was wasted.
That's why crypto adoption is so important. Cryptocurrency is decentralized, that means your funds is not storing in one place, you have access to them 24/7 and nobody controls it or uses it except you. Crypto is on the biginning of real life adoption, i mean there are a lot of good blockchain projects with new technology and features, but most of them in not applicable in real life by regular people.
NUPay is trying to implement daily payments by using crypto and it looks like the cryptoadopting is getting closer to us. NUPay provides all necessary features and ways to do this. All those things i was describing earlier, you can scroll down my blog and check previous articles about NUPay.
By the way NUPay is not only planning or give you a "sand castle" perspectives, it actually has a complete decision how to make your experience of using crypto more better and smooth. One of the main mechanism for making payments in NUPay ecosystem is actually a CPDAX. This is a latest update from the team.
Customers would pay for their goods in store by using NUPay system, their transaction would go throug CPDAX exchange and seller would get a cash on his terminal account! I think it is a really easy and comfortable way to all of the deal participants. CPDAX(Coinplug exchange) is a well-known Korean cryptocurrency exchange which working with all necessary regulation rules and totally works in the legal laws of the goverment. It has a lot of KRW pairs and is an strong worlds cryptocurrency market player.
Project is gaining momentum, i think team announce more news about global IEO soon and it will be a real explosion guys! Keep tracking on NUPAy, join social media and telegram group and stay tuned!
NUPay website: https://www.nupaymentalliance.com/
TPCT website: https://www.tpct.io/
Medium: https://medium.com/nupay.
Whitepaper: http://tpct.io/filedownload_white.php?lang=en
Twitter: https://twitter.com/NUPayTeam
Facebook: https://www.facebook.com/NUPayKorea/
Tg EN: https://t.me/NUPay_English_Comm
Tg KR: https://t.me/NUPay_Korean_Community
Author of the article:
Bitcointalk username: magicrypto
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1700273
Telegram: @majesticcrypto1
Thank you!