An excerpt from the WhitePaper:
In starting, cryptoriya converts 600+ cryptocurrency to your required cryptocurrency & we aim to capture around 100% availability of cryptocurrency within the 1st year.
Cryptoriya provides you this service in many ways like - cryptocurrency to cryptocurrency, cryptocurrency to any wallet, cryptocurrency to any bank
account, cryptocurrency to a debit card, cryptocurrency to cash.
A very ambitious target, yet a very noble part of CryptoRiya.
With many people nowadays not simply depending on bitcoin but with many other altcoins around, CryptoRiya will be the best bet to easily convert our coins into fiat currency.
And if they are indeed able to secure channels that will allow any cryptocurrency to be wired to our bank accounts anytime, anywhere, then there's no doubt CryptoRiya is in for a major vote of confidence.
I see a lot of struggles that CryptoRiya will have to haggle with as they aim to deliver such a robust platform of exchanging cryptocurrencies in an instant (add to the the P2P and P2E services they will be offering).
Though you are right, it is noteworthy to mention the nobleness of the project as they wanted cryptocurrency to be applied in our daily lives even wanting to enable us to pay parking tickets right out of our crypto wallets, the giant hurdles along their way is undeniable.
Hoping to hear progressive report from CryptoRiya as to where they stand now in terms of bank transfers that will make it feel that we are looking at the realization of this project in the very near future.
You got it. If they will be world-wide then they will need to put up with everything they have promised in their whitepaper. They will need enough ATM machines everywhere that will be accepting their cards and they will also need remittance centers where they can send cash if in case users would want to forward cash to someone through remittance center.