No Transaction Limit

Yes, this brings the mobile money to mind.

Every user who has a mobile money account has a limit attached to his or her name for every 24 hours. The moment you exhaust that limit this means you will have to wait for 24 hours before making another transfer.

With the blockchain you can send any amount when ever you want.

Prone to Fraudulent activities

Yes, unfortunately because of the anonymity feature people have used this to perform their fraudulent activities. Scammers and even people we look highly up to in society have used this to transfer public funds so that people will not know .

NFT companies uses blockchain technology to enforce sole ownership right to digital items

The start of the NFT projects has really shown to the world the other side of blockchain. Who ever taught you could digitise your house and everyone on the blockchain will know that it’s for you.