Preface
The evolution of cryptocurrencies has brought about a totally new approach to payment systems nationwide. We are now seeing several sectors of the economy starting to accept this new form of currency as their method of payment. Not only is it very fast and efficient as opposed FIAT payment, it also has this feature of simplicity that makes it very easy for a new user to use adequately.
As good as payments with cryptocurrencies may seem, we would do no injustice by failing to mention that cryptocurrency mode of payments are being tackled with lot of inadequacies which has been the reason behind the reluctance of some firms to adopt it as a means of payment.
The most challenging of these inadequacies is the issue of volatility which poses users funds to the risk of value loss before final conversion into FIAT. Another issue worthy of mention in cryptocurrency modes of payment is the issue of government regulations as some government are against the usage of the currencies as mode of payment in their country which makes people unable to explore the potentials surrounding cryptocurrencies.
As a result of all these inadequacies, most people and agencies have stick to their conventional modes of fiat payments which is being controlled by traditional banks. But this mode of payment also has a major inadequacy which is the issue of payment delays and also the difficulties in making of international transfers.
However, if we can have a perfect combination of these 2 modes of payment, then there will be tremendous changes in the payment system. This concept is what has been discovered by the HubrisOne platform and they have made it mandatory to cause a whole new change to the payment system by integrating cryptocurrencies into traditional banking system.
The HubrisOne Platform
This is a platform that has successfully combined both cryptocurrency wallet and traditional banking together in a single platform which means that users can easily make use of the two modes of payments interchangeably without issues.
How possible will this be on HubrisOne Platform?
HubrisOne platform unlike other blockchain-based platforms do not plan to abolish banks but rather provide a neutral ground built with trust that will support both traditional bank operation and cryptocurrencies.
This platform realises the uptrend growth in the usage of smartphones globally and in order to achieve their aim perfectly have developed a HubrisOne application for mobile devices which will allow the creation of bank accounts in several currencies that runs on the stellar blockchain.
Also, this mobile application comes with cryptocurrency wallet that gives users the ability to store and access their cryptocurrencies and allows them to as well make easy conversion between the bank account and the cryptocurrency wallets through the help of the integrated exchange on the platform.
With this strategy, users need not fear accepting cryptocurrency modes of payment as they can easily convert them into their bank accounts easily within one platform and interface.
Isn’t this just too wonderful?
Also on this platform, there will be an online marketplace which will allow all users to purchase goods and services online.
There shall be full functionalities of traditional banking on this platform such as lending of cryptocurrency backed loans, making of international transfers via stellar blockchain, and also availability of personalised car which will be connected with the bank account and cryptocurrency wallets.
Conclusively, the Hubrisone platform is here to cause a general revolutionary change in the payment and banking industry. This platform through its well laid out mode of operation and professionalism will surely bring tremendous development to these industries.
Have more enquiries or wish to connect with the set of team behind the platform, then check the links below;
/Website/Whitepaper/Facebook/Twitter/Telegram/Ann Thread/
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