PAYPRO : How future banks will look like thanks to BITCOIN
When Satoshi Nakamoto released his White Paper, "BITCOIN: The Peer-to-Peer Electronic Money System" again in 2009, introduced the BITCOIN as an alternative to the current central payment system. This alternative was based on the use of a cryptographic guide rather than trusting a central party.
At that time, recent history was witnessing the worst financial recession in the world coming from the banking industry. Thus, BITCOIN raises an alternative to an innovative society that feels the need to store its value in a new way. The main problem is that BITCOIN has been a way of paying for a long time, so no form of financial instrument was available to the KFU user only.
Thanks to the release of Ethium, a platform to build decentralized applications on Blocchain with smart contracts, new financial applications have begun to be created. Shortly thereafter, a series of so-called bank encryption emerged with the help of ethium technology. The problem is that those encryption banks have only used an ethylene blockin to develop technology but not their products. For example, when banks where the sale of toxic assets to their customers, customers did not have another option but to buy as banks advise. This was possible because centralization facilitates the corrupting of the system when one party controls a relationship with information.
Using pluchen as a technology to run background actions does not prevent this from happening again. Therefore, it can not be said that the current encoded banks are an alternative to traditional banking where the CITC was for pay networks. Pipero is re-imagining how banking can look like thanks to Satoshi's view on decentralization. In order to do so, Pipero believes that the portfolio of financial services provided to the customer can not be centralized in any way, otherwise there is no guarantee that the bank will only look after their interests.
Pipero does not offer any financial service. Instead, Pipero will open its market doors until any financial decentralization application (DAP) can offer its services. Pipero will not have any right to decide what DAP should be in and that should be outside. This is why Piper's built an amazing decentralized rating system that allows the community to rate daps. By doing so, it will allow the community to manage the market by itself.
If Pipero accomplishes this, the next time you are looking for insurance or credit, for example, you could find 100+ companies that offer the service that you are looking for. Thus, Pipero will make financial suppliers to struggle to improve their services so they can eventually become the one you choose. In the end, Piper is creating an ecosystem where competition is promoted, leading to better quality services for the user. Quite the opposite of what is currently happening with any form of bank, either conventional banks or decentralized banks (also called new banks and / or bank encryption).
Pipro is currently launching the initial currency offer (ECO) for its own token version with a 10% bonus to shareholders early on. Tie Pipero began on January 22, 2018 and will expire on January 28, 2018. The minimum contribution is 0.5 ith which is equivalent to 1100 pb.
To learn more or participate in Eco, visit: https://www.payproapp.com/
Contact on Telegram: https://t.me/ThePayPro
Team: https://www.payproapp.com/team
Worksheet: https://www.payproapp.com/whitepaper
Contact on Facebook: facebook.com/ThePayPro
Join whitelist: https://www.payproapp.com/Whitelist
Media Connection
Name of contact: Gabriel Lampias
Contact Email: [email protected]
