ENTRY- A PROJECT TO BRIDGE BETWEEN TRADITIONAL BANKING WITH CRYPTO BANKING

The world financial system is adopting cryptocurrency as it is offering opportunities to simplify transactions for daily lives. The cryptocurrency is like a blessing to all, as it has broken the chain of financial complexities that people used to face in the previous days. With the help of cryptocurrency many financial organizations have simplified the process of the transaction for their internal and external transaction and still, this currency is revolutionizing the business structure of many other industries. As the world of cryptocurrency is growing, and so does its market capital, new business organizations are adopting it within their own financial ecosystem for making payment systems easy for their customers and to earn more profit from cryptocurrency based transactions. But, it is also a fact that the cryptocurrency has not been implemented completely in our lives. People still cannot rely on cryptocurrencies for their daily transactions. The reason behind this, the traditional banks still do not trust cryptocurrency based transactions, and they think this currency will reduce their overall profit which they used to earn from doing traditional banking. That is why the cryptocurrency market still is not trusted by the majority of the people of the world for their daily transactions. But, to create a sustainable economy for cryptocurrency and to make people familiar with its daily use it has now become imperative to create a system which can integrate both traditional banking and crypto banking together to make cryptocurrency beneficial for people’s every day’s transactions. And to make it possible the ENTRY has emerged. ENTRY is the first of its kind which is designed for making cryptocurrency available for people so that they can be used for regular transactions. This is a project which is utilizing blockchain in banking for connecting existing banks with the crypto bank through the decentralized network.

()

In this article, I am going to present ENTRY project and its contribution towards creating a sustainable economy for cryptocurrency by making it usable for every day’s life.

PROJECT DETAILS

ENTRY project is based on blockchain technology. The project is designed to create a financial system where every payment as well as every transaction that we do in our every day’s life, can be done using cryptocurrencies. The world is in great need of an efficient transaction system. The world economy is required to be transformed to comply with technological advancement. That is why we need the cryptocurrency based banking to be flourished. Traditional banking alone is not efficient for supporting the growth of the technically advanced economy. Business organizations need high-tech financial support where digital currency can become a dominating factor over traditional FIATs or local currencies. All this only can be possible if both traditional and crypto banking systems can be linked together with a decentralized secure network. That is why ENTRY is needed and that is why ENTRY is implemented.

KEY COMPONENTS

The ENTRY project is developed with the support of a wide range of cutting-edge technologies. The project is changing the stagnating situation of the global economy. With the help of its platform, it is creating an omnipotent ecosystem where every user has the power to transact cryptocurrency for satisfying their daily needs.

The project is implementing a number of key technical components for achieving its purpose. These components are as follows,

A. Blockchain
B. Smart Contract
C. Mobile App
D. Cryptocurrency

HOW IS IT MAKING CRYPTOCURRENCY USABLE FOR DAILY TRANSACTIONS?

ENTRY project aims to make cryptocurrency available for the daily transaction. For this purpose, the project development team is utilizing all the key components together for presenting an ecosystem where both crypto banking and traditional banking system is linked. The blockchain enables the project to implement all financial transactions in a decentralized environment where financial data are protected within decentralized blocks. Data within blocks are properly encrypted and are secure from hacker attacks. Within blockchain smart-contract system is integrated. This system enables all financial contracts self-executable and efficient. The conditions of each contract are pre-set and unalterable by third parties. So, users can avail financial services through a completely automated system.
Mobile app services are one of the most essential tools for making cryptocurrency based payments convenient for all. As cryptocurrencies are digital currencies and only can be stored in digital wallets, so if a mobile app is the best source which can function as both a portable wallet and platform. As people can use mobile phones anytime and from anywhere they want, so they can always keep their cryptocurrency platform and wallet with themselves. ENTRY is willing to use their own cryptocurrency for providing it as side currencies for wallets. ENTRY tokens are necessary liquidity for ENTRY ecosystem, but it is also essential to allow the platform to enable crypto-based payment system available for the public. The token may act as side payment liquidity but, it can also be exchanged with traditional cryptocurrency and FIATs. So, it is the final key through which the people can open the gateway through which the cryptocurrency can be used as traditional currency for daily transaction purpose.
If you wish to learn some more about ENTRY project implementation procedure feel free to read their whitepaper from, https://entry.money/ENTRY_Whitepaper_v1.pdf.

WHY SHOULD ONE INVEST FOR ENTRY?

ENTRY is a high-value project and is sure to succeed in achieving all of its goals to make cryptocurrency available for making regular transactions. if this project becomes successful then not only the platform users but also the entire world will be able to avail of its benefits. The world is in great need of efficient cryptocurrency based transaction and it has now become more essential than ever to make cryptocurrency usable for daily transactions. So, to make this possible it is necessary to let the ENTRY ecosystem grow, and maintain this growth it is important to support this project financially. And to do so, every cryptocurrency investors should invest actively in this project.
For more details about ENTRY please visit, https://entry.money/, or read their whitepaper from, https://entry.money/ENTRY_Whitepaper_v1.pdf.

CONCLUSION

The world is in need of an efficient and flexible financial ecosystem. People wish to transact with ease and through a hassle-free system. And to make this possible the necessity of ENTRY is undeniable. This project and its components are so effective that if this project can be implemented accordingly, then people will no longer need to bother with their payments and the trust for cryptocurrency will increase at a massive rate. And by doing so, ENTRY will initiate the dawn of a new era where everyone can be able to use cryptocurrency for any kind of daily financial transactions including paying regular payments. This is a very high standard project and the way it is planned, I am sure it will be able to link traditional banking and crypto banking together for creating a fast and stronger economy for the globe.
Join ENTRY project and contribute in the ICO so that the ENTRY community can grow and the project can reach its desired milestones to create a better economy for all.
For participating in ENTRY ICO please visit, https://tokensale.entry.money/auth/register/.

Some Links:

• Company Website: https://entry.money/
• Twitter Pages: https://twitter.com/EntryMoneyICO
• Facebook Page Link: https://www.facebook.com/entrymoney/
• Linkedin Profile Link: https://www.linkedin.com/company/entry-money/
• Telegram Group: https://t.me/Entry_Official
• Skype Chat Link: https://join.skype.com/f0xXiKeDYngh
• Whatsapp Chat Link: https://chat.whatsapp.com/BUkzyIMqew3Gx7G40HVa70
• Whitepaper Link: https://entry.money/ENTRY_Whitepaper_v1.pdf
• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3229958.0

• BitcoinTalk User Name: lolaguffey
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1272490