ETHA - Changing the Approach in the Field of Bank Transfers by Creating a More Flexible Platform for Money Transfers Using Digital Assets

Hello friends - everything returns to my Blog. This time I will provide information and invite you to work on the ongoing ICO with a very good product in the new cryptocurrency, ETHA. Before heading to the discussion, I think we all agree that blockchain technology still requires efforts that encourage adoption to continue to grow and continue to grow in the future.

Today it is difficult to meet someone who has never in my life not had to use bank services. But all existing banks and the entire financial structure generally require urgent reconstruction and renewal, because the last major innovation in his work was reform to abolish the gold standard and the introduction of the Jamaican floating exchange rate system. For those who don't know, all of this happened in the middle of the 19th century and since then nothing has changed significantly. Today is the 21st century, the digital age is gaining momentum, and financial equipment is still an outdated technology with paper reports.

Our economy has long needed a solution to a number of problems that sane people can no longer ignore, but the government continues to ignore it. The problem includes a large number of greedy, bureaucratic and nepotism intermediaries, lack of transparency, which ultimately leads to an increase in crime and corruption, in addition to the currently centralized world of finance, it provides awkwardness and vulnerability to the entire system.

In bank work, there are many weaknesses that we each face repeatedly:

At present, people must pay large commissions when transferring funds, especially when it comes to international transfers. All of this is due to the many intermediaries and internal rules of the Bank, which automatically determine the size of the Commission;

the speed of international transfers is very low, for the same reason, bureaucracy and intermediaries;

banks set high interest rates on loans. This is their main source of income, so borrowers here have no mercy to wait;

price tags on currency pairs are often overestimated and differ significantly from the rates made by the central bank. Again, everything depends on the greed of a particular bank;

banks are inflexible, that is, have limited currency pairs and have not invested in digital assets.

All the imperfections of this system drive the creators of the ETHA project to the idea of implementing a more perfect and fair system, which, thanks to the introduction of decentralized features of blockchain technology, is able to provide unique opportunities for all users and fully modernize the entire industry, while solving most of the problems there is.

ETHA intends to change the approach in the field of bank transfers by creating a more flexible platform for transferring money using digital assets.

ETHA is the first and only platform in the world, thanks to which people will be able to transfer money around the world reliably and in the shortest possible time with minimal costs. Anyone can transfer any amount in Fiat funds to one of 190 countries in a few seconds without problems and overpayment for services. The project solves the problem of bureaucratic centralistic banks at a large cost to citizens, filling the entire pile of papers that cannot be understood and waits a long time for the passage of transactions.

In this coma, almost half of the world's population does not have a bank account. The project solved this problem. Especially for those who for some reason do not have a Bank account or only to the nearest Bank branch that you need a few hours, the project team has made a simple and intuitive application on Android and iOS. This application has a maximum level of protection and multi-signature wallet, so that the occurrence of problems with hackers is fully excluded.

The functionality of this application is able to transfer p2p, that is, transfers between people without third parties in the face of banks and other intermediaries, the function of cross-border transfers with cash exchanges is supported. This approach will increase the level of trust between buyers and sellers. Application users will be able to monitor current exchange rates at all times and be aware of all the fluctuations in the market.

ETHA modernizes existing payment gateways. You can transfer money to a bank account or make a simple transfer in cash, and transfer it directly to the telephone. All transfers are made through the blockchain Ethereum. As such, this platform solution provides access to cheap banking services for everyone on our planet, regardless of their social and financial situation.

ETHA TEAM

To find relevant details about Etha's smart counter right now, please see some important links below for the following references:

WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM || REDDIT || GITHUB || BLOG || ANN || LINKEDIN ||

Bountyminer username :husein22

Link to the Bountyminer website :https://www.bountyminer.io

Profile Link :https://bitcointalk.org/index.php?action=profile;u=251024

ETH address :0x89c7d6Ce445f326a02eF7530A40FBa5Ecbe6C193