MenaPay will be a transformation in Financial innovation

in #menapayio6 years ago

1*lLvABLl6da2zTGiDcB1v5w.jpeg

Apple INC today hit 1 trillion dollars advertise top making it is the principal freely recorded organization to accomplish that objective (Total cryptographic money showcase top at the season of composing is 262 Billion USD). It is an astonishing objective come to by Apple and it is telling the world a message: presently it is the time of innovation. A month ago Jeff Bezos of Amazon turned into the primary individual to hit 100 Billion dollar total assets, which is again an author of a tech organization. Gone are where Big oil or some money related partnerships administered the world.

Presently it is the period of innovation with the up and coming web 3.0, Internet of things and so on individuals will distinguish the requirement for advanced money also. That is the place bitcoin and digital forms of money become possibly the most important factor. It is no uncertainty that customary fiat cash will be a thing in the past in this advanced time.

Why customary budgetary frameworks will come up short?

The real issue with the conventional money related framework is that it is unified and vigorously rely upon a focal association which is the national bank or the administration. You need to believe them and you don't generally have a decision. Additionally, they are intensely exposed to swelling which implies you lose your cash each day. Likewise, only one out of every odd individual on the planet is available by a bank. There are many individuals on the planet which who does not claim a ledger. There is a typical answer for every single above issue: Cryptocurrencies which depends on Blockchain innovation is decentralized and trustless which implies you don't have to confide in the second party to execute the exchange and for the most part there is no agent (Bank or government in the conventional framework) in the middle. There are actually a huge number of cryptographic forms of money out there however I am speaking particularly about task Menapay in here.

How MenaPay is unique in relation to the rest?

Menapayis the first completely supported, Islamic consistent, blockchain based installment portal in the Middle East and North Africa and their objective is to make Menapay the most regularly utilized digital money in MENA (the Middle East and North Africa).

Consistently I see few ICO ventures which guarantee to be the new money and there are truly a large number of them. Be that as it may, Menapay is unique in relation to the rest and it will be a tremendous achievement in light of the accompanying reasons.

Menapay is the first completely Islamic agreeable digital money. Since their fundamental center is MENA locale it is an unquestionable requirement and a reason where pretty much every other cryptographic money pull out. Also, MenaCash (money of Menapay) will dependably be equivalent to 1 USD which implies that you will never confront any swelling danger. MenaCash is 100% supported by USD subsequently no high unpredictability makes it an ideal possibility for a cash.

Thirdly MenaCash will work in its very own private blockchain which is powerful and quicker which makes MenaCash is non-unpredictable quicker cash. Peruse here how MenaCash will be contrasted with different blockchains out there. The motivation behind why Bitcoin can never consider as a money is it is very unpredictable, has higher exchange expenses and extremely moderate system. MenaCash does not have any of these issues!!

Additionally, the MENA district has 420 million populace 86% of them doesn't have a financial balance. Which implies the dominant part of them don't confide in the conventional keeping money framework and Menapay will be ideal for MENA.

MenaPay Website: https://www.menapay.io
MenaPay onepager Link: https://www.menapay.io/onepager.pdf
Whitepaper-https://www.menapay.io/whitepaper_en.pdf
@Menapayio

Bounty0x username: Jiten123321

"This article was created in exchange for a potential token reward through Bounty0x"

Risk warning: Before any investment do your own research because no one will responsible for your profit and loss

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by jiten from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63183.53
ETH 2643.93
USDT 1.00
SBD 2.78