Evolution of Money Transfer
Nowadays, sending money from people in another country is inevitable, especially if you work abroad, and with the help of technology, we can send money for a short period of time because of remittance centres nationwide.
Today, a group of Finance experts innovated and developed a new kind of money transfer with a twist. It is the first money transfer that associates with crypto currency and the first open source smart contract platform secured by Ethereum blockchain.
P2P Cash is the first money transfer that associates with crypto currency, knowing that cryptocurrencies has a unique ability because of its Liquidity basis. In fact, being a crypto holder has an advantage due to conversion of any crypto currency from BTC, ETH, USDT to P2P Token, vice versa. Audiences without cryptocurrencies have also an advantage because P2P Cash was developed for the audiences who continually sending money to another country without any hassle in processing.
P2P Cash developed an application for both computer and mobile gadgets where you can sign up for free, also it is easy to use with its step by step procedure of the app.
It can lessen the time of waiting while processing for your money to be sent to its recipient. In fact, you can start your transaction anytime and anywhere using your mobile phone 24/7.
P2P Cash possible audiences are both crypto holder and audiences who consistently sending money abroad, especially for Overseas Filipino Workers. It is convenient for OFW to use this app because of P2P’s $1 fee when sending money anywhere available country for P2P Cash App. As well as for crypto holders, P2P Cash has its own token for every transaction and there’s an option where you can convert your BTC, ETH, USDT to P2P Token then you can use it for your money transfer.
P2P Token has been created through smart contract and it works like another ERC20 Token that associates with Ethereum blockchain where the transaction of the certain app is secured and protected by Ethereum’s smart contract. ERC20’s Smart contract is also used by crypto holders in ethereum which has an outstanding performance for trading because of its unique and magnificent features used for trading cryptocurrencies.
Features and Benefits of P2P ERC20 Token
-250 million P2P total supply, it is impossible to generate more P2P tokens although they can be burned.
-Fast and secure transactions that are confirmed with the mining of blocks in the Ethereum chain.
-Large assortment of lightweight coin wallets available for all desktop and mobile operating system.
-Interacts with other currencies.
-Smart Contract.
-Used on compatibe platforms, projects, exchanges.
-Ensures operation with decentralized applications (Dapps)
-Secure and easy transaction
-Makes assets interchangeable
In our present time, Money transfer is way convenient and fast when sending it to its recipient, especially for those who literally in need to pay bills, and that’s one of P2P’s targets. P2P Cash future plans and vision may give us strong hold to ensure its fast and convenient service.