BORDERLESS TRANSACTIONAL FREEDOM WITH ETHA
Introduction
Many people believe that in future, people will no more use any other platform apart from that which is running in the basis of blockchain.
Faster transmission, speed , accessibility , digital transformation and the utilization of cryto graphic technology on this trending technology got it it's reputation.
Cryptocurrency is getting rapid increase in usage everyday . Take a flash back to previous years back only few people know about it , but in the world of taday alot of people trad it infact some even invest in it. Without blockchain I don't think cryptocurrency usage will ever be possible as it's today. This is one of the reason why blockchain have tge reputation it has today.
Alot of platforms and applications have now adopt the use of blockchain to run thier platforms . Platforms ranging from lending platforms , payment solutions and remmitance services for the ust8lizatio of the cryptocurrency. Imagine all these are now compile into a single application .
With ETHA all these are possible in its user friendly and simple ecosystem .Etha is basically designe in order to serve users including business owners in different regions of the world with financial services in the most convenient and efficient way.
The payment infrastructure on the platform works just like the decentralized operating system that allow the communication of both decentralized and centralized resources under a single platform roof hence allowing efficient transfer of fiat currency in swap for cryptocurrency.
ETHA is designed in such a way that the platform will be so easy for user to use unlike most platforms that are very difficult and complicated in terms of usage . Apart from that the security of users on tge platform is made of priority being it a decentralised blockchain based platform, I'm sure we should have all known that.
Most of the remmitance and payment industries available today are built on very extinct infrastructures. As a result of this , they have alot of issues that we people of now adays can't stand no more. Things such as expensive transactions fee as well as wasting alot of time in making a single transaction.
This old type of technologies does not alot have the capacity to on woth it's high market customers , therefore customers are requesting for a modernize tech that will support there needs. In addition there is high usage of cryptocurrency in the world of today which also contribute to the factors that raises the alarm of modernize tech demand.
The new decentralized platform based in blockchain ETHA has now recognize the key problems to remmitance and payment industries and has aim to solve those problems .
Problems faced in remmitance and payment industries.
No support for crypto to fiat transfer.
Most of the currently use remmitance services do not support digital currency as a payment option nor as a means to send money across board. I can't even say there is a single one that's existing.
High transactions fee and lack of transparency.
Which using remmittance and payment industries to send money abroad , high amount of transaction fees are charged and apart from that one who is making the transaction tends to know nothign about tge journey of the transaction he made since the service providers do not provide any information to user's . As a result this make it very difficult for a sender or receiver of a fund to track his / her funds.
Vunerable security infrastructure
Existing payment industries and remmittance have a very low security status and as a result this has cause alot loss to customers . Apart from this , hackers are always finding for ways to break through the provided security barriers of most platforms.
Limited access to financial services
Limitation of the population to have access to financial seizes has a detrimental affect to individuals as well as the government at large. Government will nor able to collect taxes from individuals that are not using the financial services and as a result can bring down the economy of a country . In addition people that are not having access to financial services are at a very high risk of lossing their funds.
Lack of market liquidity on decentralized exchanges.
Another great issue that is faced while using exchange platform is it's lack of liquidity. lack of liquidity makes it not easy to carry out or execute an order. In addition users of exchange platforms such as DEX are at high risk of loosing thier wallets as a result of hacking .
Challenges for newbies on exchange platforms
Newbies to the crypto world face alot of issues while trying to digital assets. These platforms tides not have a supportive team that will guide users on what and how to do .
Solutions by ETHA platform
ETHA platform try to bring solutions to tge above listed problems in various perspectives. ETHA platform will cryptocurrency to fiat transfer efficiently . It will infact gives tge sender the ability to select different payout options which includes Direct to bank , cash pick up or mobile top up . Unlike remmittance and payment industries that do not support transfer of money abroad , ETHA allow the transfer of money to over 190 countries across the globe.
About team
ETHA team are group of people that are experienced and have sound background in building financial applications to tge highest industry security standards and aims to make security of the most priority. The exchange market engine on ETHA is oriented to over 50 major exchanges in order 5o ensure high liquidity as well as instant order execution .
ETHA ecosystem
ETHA ecosystem is made up of different important chambers and protocols that will benefit the user .
Mobile app
Onboarding by the use ETHA app occurs within a very short period of time and it's done ina very simple way.
Exchange
Using etha exchange user cab swap his digital assets in a short period of time and securely. The platform is decentralized therefore user simply send cryptocurrencies and value of the current market rate will be transferred to tge desired wallet.
This will protect users from potential loss of thier cryptocurrency by tge attack from hackers .
Smart wallet
With this user will have full control over their funds as well as private keys. The wallet is capable of making fast and secure transactions including cross border transaction services as well as currency exchange.
Cross border financing
This will allow user to utilize their digital assets as a collateral to carry out fiat transfer in a very convenient way . It works base on smart contract which will automatically make refund once repayment is done.
Decentralized lending
This protocol will allow borrowers to get loan from those that are willing to lend out their funds upon an agreement .The lending terms are set by the borrowers and fulfilled by tge lender . A borrower is said to make a deposit of some cryptocurrency as collateral to encourage lenders to give out thier funds .
ETHA Tokens
The platform is made up of its unique cryptocurrency which can be use for alot of payment such as:
● Exchange fees ● Transaction fees ● Collateral on the lending platform ● Discount on fees
● Listing fees for the exchange ● Future exclusive services
The ETHA token type is ERC20 ethereum based.
To get more information about the ETHA platform click on to the links below
bitcointalk username : itzsefan
Bountyminer username : trueblockchain
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