in payment industry need faster transactions. what you doing to solve this issues? also any performance data available?
With normal international payment now, Sellers need at least 3 workdays calculated from the moment the buyer receives the goods to receive money. With Modultrade platform, Seller will receive their immediately if there are no errors in the shipper.
this is a very important thing,reduce transaction time is fundamental,if is true what i read modultrade it speeds up to three times,that is very good...
Well Modultrade will work on the ETH network, and the tx times on ETH have been going faster and faster due to the forks that have been made.
SO I don't expect any issues with transfer times in the future
It was horrible before forks but now it is ok even 4-5 gwei completes in minutes. But every day it is more and more transfers for ethereum chain, you can't expect that it will be good like now, always.
but ETH is constantly being developed, so the technology will change with time, allowing for faster concurrent transactions
ETH is aiming on beating the number of tx that VISA currently can handle .
Vitalik said it would be possible in the near future
For trading like Modultrade, this will be very helpful.