The gives a new color in the world economic system which is currently considered to offer less efficiency in various ways. In terms of time, the proved to be able to show good performance so that it was able to handle transactions in a relatively short time. In addition, this technology is also able to provide a minimum cost guarantee that is currently being pursued by various groups in every business transaction they run. Cost and time efficiency are considered as two important things that underlie current economic activity. Coupled with the increasingly sophisticated technology and various systems in an improved life, this seems to signal to every human being to keep pace in every activity. Often we see that a businessman comes from one place to another and runs fast as if he is afraid of being left behind by something. This is analogous to how technology makes people faster and faster.
This also affects the financial system in the world that seems endless. Everyone is now connected to their respective bank accounts even though they are not a businessman or other circles involved in daily business transactions. But due to technological advancements, now many people are starting to turn to the business world. Various types of transactions occur every second which makes the activity of the bank account more busy. The number of transactions that must be handled makes the system sometimes become slow or even down or trouble. This is because the technology system used by conventional banks is still tied to the old concept and they have not found a new method that can handle every transaction that occurs at one time. It would be very unfortunate if this becomes an obstacle for the community so that it interferes with the transaction process. In fact, today’s sophisticated technology should be able to overcome this kind of problem and become a solution that can be applied by every bank in the world. They need to fix the system that has been there so that it can be adjusted to the times and needs of the community. Therefore, the emergence of the is considered as a solution to this problem because the system contained in technology is able to receive and carry out every transaction at a time even in very large quantities. this is no longer a big problem because is reliable and able to handle it so that users will get the transaction experience that goes smoothly.
This achievement record is a concern for PrepayWay to adopt these benefits into its digital platform. PrepayWay is a -based digital platform that is committed to carrying out its mission, by eliminating or minimizing shortcomings that often arise in the banking financial system. PrepayWay helps users to be able to make transactions instantly and ensure that every process that takes place can be immediately validated and guaranteed security. This platform will monitor every product movement from where the product was originally shipped to the destination globally. Because this platform implements technology into its system, this can strive for PrepayWay to be able to reduce complex operational possibilities and implement smart contract concepts in international trade.
There are several advantages that are a plus for this PrepayWay platform. PrepayWay will provide a legally-bound business contract concept that is in accordance with the laws and regulations in each country and translated into various languages. This platform applies the concept of a smart contract that contains the terms and conditions of the contract. Users do not need to worry about the limitations of the type of currency that is applied because PrepayWay will ensure the payment system can be made through digital currency transactions or fiat currencies and is supported by licensed escrow partners. The broader scope of has been used by many people to participate in using it in various transactions. Some people have even applied digital currency as a means of payment. PrepayWay supports this function by providing decentralized payment solutions for various transactions from every country in the world. This can be used as an opportunity to expand the trade channel of a business to reach an international scale easily.
Supported by reliable technology, every digital asset will be stored safely on this platform. Not only that, other data such as contract notes and smart transactions on the can be protected with a system that is guaranteed to be secure.
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Published at Tue, 26 Feb 2019 08:09:37 +0000
