POINTPAY: A BLOCKCHAIN CRYPTOBANK ELIMINATING ALL THE INEVITABLE CHALLENGES AND RESTRICTIONS FACED BY TRADITIONAL BANKS

INTRODUCTION

Digital or better still Cryptographic money marketplace has received great attention, rising to assume the first choice for both investors and ordinary users for investors. It is seen as a means to make a profit, also as a means for making business processes faster and easier. For users, it is a means for fast transactions, profit-making and the removal of the middle-man.
PointPay understands this and is looking to maximize the need for unregulated finance freedom by people. The cost for owning and running a cryptocurrency is quite expensive and prone to hack attacks making security a major concern for traders. Hence the community of crypto enthusiast will welcome the opportunity of a safe crypto exchange platform to trade and invest in a crypto bank. We are introducing a sustainable рrоjесt that will tackle the anomalies associated with the customary bank and bring more transparency, efficiency, and confidence to the crypto banking ecosystem with a team led by mercurial Andrey Svyatov the CEO.

CONS OF TRADING CRYPTO PLATFORM

1. Users have only access to rate and volume charts
2. Users conduct their own technical analysis
3. Holders don’t get daily profit from holding coins
4. Users are made to hold assets in hot storage that is, holding the coins on the exchange.
5. Held crypto's on exchanges lead to inflation.

SOLUTION TO CRYPTO ASSET DEPRECIATION

PointPay cryptocurrency system has come with a plan to solve this problem and it will give clients wider access to varied functionality and allow interest on crypto’s held. The project will then be allowed to develop from the traditional to the modern. The solution includes;

1. Creating a platform with the ability to buy crypto’s
2. Creating a platform that revolves around the token; PointPay crypto bank, PointPay exchange, and PointPay Multi coin wallet.

WHY POINT PAY CRYPTO BANK

With an increasing number of users joining the blockchain community, so is the increasing number of trading platform with a different speciality in buying mg, trading, and investments. But none of them have the all in one feature.Unlike PointPay which has a well-secured Platform, encompassing trading, selling and managing cryptos. And it will be so convenient and easy to use even for new users.

THE BENEFIT OVER TRADITIONAL BANK
Studies have shown that the use of cash during transactions is on the decline and cashless transactions are being predominant. Digital money, in time, will replace fiat. Furthermore, we have seen that payment by cards is being steadily replaced by payments via apps installed on smartphones.
It is only then logical to say, that the crypto market has a potential for further growth, not only because it offers users the standard operations of the fiat system and more interesting features but that it will provide for investors an opportunity to make a profit in the shortest possible time.
In no distant time, cryptocurrency will become the universal means of payment, from buying a cookie to buying a jet. The PointPay team strives to lead the pack by eliminating all the inevitable challenges and restrictions faced by traditional banks ( geographic restrictions, time spent…) all these are eliminated and basic operations will be carried out by the user digitally through a mobile or computer device.

FEATURES OF POINTPAY CRYPTOBANK

1. Debits and Credit cards: PointPay will work alongside Visa and master card and funds can be withdrawn in any part the world.
2. Banking: Through a personal account, giving out credits and depositing will be possible using crypto.
3. Loans: like traditional banking loans in crypto will be given
4. Mortgaging
5. Deposits and savings account: assets will be kept safe, and interest will be accrued by saving.
6. Buying and selling stocks.
7. Person-person loans: with cryptobank, a user can lend money from another private individual.
8. Mobile banking: online transfers, mobile app payments enabled.
9. Integration with ATM: No need for building new ATM's worldwide, instead software will be built and Integrated into trad ATM's so as to support PointPay

POINTPAY MULTI-CURRENCY WALLET
The wallet has the following features

1. Ability to store the crypto of choice
2. Ability to pay for utilities (water, DStv…etc)
3. Generation of history of transaction
4. Send and Receive money via SMS and email
5. 2fa authy protected
6. All available balance of assets are displayed in the currency of choice

SECURITY MEASURES FOR THE BANK

1. Face ID
2. Voice ID
3. SPV integration
4. Constant Bug checks
5. Ensuring security tight passwords are created
6. DDOS
7. 2fa authentication.

POINTPAY TEAM:

Fоr a рrоjесt tо bе dееmеd fеаѕіblе, thе tеаm bеhіnd thе wоrk muѕt bе оnе роѕѕеѕѕіng аdеԛuаtе ѕkіllѕ, еxреrtіѕе аnd еxреrіеnсе іn thе rеlаtеd fіеld. This aptly captures the constitution of the Pointpay tеаm mеmbеrѕ who are ѕеаѕоned рrоfеѕѕіоnаlѕ wіth уеаrѕ оf асtіvе ѕеrvісе іn thе blосkсhаіn іnduѕtrу. Hаrnеѕѕіng these уеаrѕ оf еxреrіеnсе hаѕ lеd tо thеm fіnаllу dесіdіng tо еѕtаblіѕh thеіr оwn mеgа sustainable рrоjесt that will tackle the anomalies associated with the customary bank and bring more transparency, efficiency, and confidence to the crypto banking ecosystem. Led by mercurial Andrey Svyatov the Chief Executive Officer, who is a motivated merchant, author of the renowned analytical articles, that has strong concerns on cyptocurrency trading and blockchain technology. He is enviably the co-founder of the service clientach.com - for search that is automated for clients in social network particularly for gateways that have to with fiat and cryptocurrency, and undoubtedly he has been instrumental to pushing this innovative project to this enviable height among other team members.

CONCLUSION
With the cryptocurrency boom, one way or the other this was bound to happen. It’s happening now. Of crypto will one day wipe out fiat, so also will cryptobank wipe out traditional bank. For me basically, I see this as the future of banking, according to trusted experts in the financial cryptographic money ecosystem, Pointpay will bring another dynamism in the blockchain space.

For more inquiries, please click on the links below:
Website: https://pointpay.io/
WhitePaper: https://cdn.pointpay.io/WhitePaper__en.pdf?cache=1.4
Telegram: https://t.me/pointpay_talks
Bitcointalk: https://bitcointalk.org/index.php?topic=5146099
Linkedin: https://www.linkedin.com/company/pointpay/about/
Twitter: https://twitter.com/PointPay1
FacebOOk: https://www.facebook.com/PointPayLtd
Medium: https://medium.com/@pointpay
Reddit: https://www.reddit.com/user/PointPay
Github: https://github.com/pointpay-technologies/sc
YouTube: https://www.youtube.com/channel/UCS-_VDX97myxM5yLPYezH-w
Instagram: https://www.instagram.com/point_pay

Bitcointalk Username: Danda23
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2526977