PointPay.io CRYPTO BANKING ECOSYSTEM (Project Review)

in #bitcoin6 years ago

The prevalence of cryptocurrency makes us consider ways and progress that will guarantee their openness to ordinary people. While the cryptocurrency markets are in turmoil, the industry continues to build and move forward with exciting new developments, one such development comes from a growing cryptocurrency bank. One of the most talked-about topics in the financial services industry today is blockchain banking. If fully adopted, it will enable banks to process payments more quickly and more accurately while reducing transaction processing costs and the requirement for exceptions.

However, to capitalize on this potential, banks need to build the infrastructure required to create and operate a true global network using solutions based on this transformative technology. Organizing PointPay is creating a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet. Our goal potential customers could be users of the World Wide Web residing anywhere in the world. And we believe that TecraCoin can strengthen it with a right and reliable framework.

INTRODUCTION
PointPay has business contacts with more than 50 banks and 25 payment systems, as well as 20 lawyers who deal with issues of licensing cryptobusiness. Cryptocurrency platform PointPay notes that many people like the idea of “finance without borders”. That is why the number of people actively using cryptocurrencies is steadily growing and approaching the psychological mark of 50 million people. Cryptocurrencies’ number growth dynamics is also rapid. If in 2010 the number of cryptocurrencies could be counted on the fingers of one hand, then in 2018 their number exceeded 2000 and has greater chances of reaching 2500 by the end of the year.

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