Post
Topic
Board Announcements (Altcoins)
Re: [ANN] UniFox - 💎 Imagine MasterCard for cryptocurrencies 💎 [Presale 28.10.]
by
Galynagg
on 25/10/2018, 09:48:34 UTC
and why do you think that this money transfers will work? there lot's of money transfer system in the world, what the benefit of this?
Like the project, but have a little doubt by integrating the things to the real world
the way i see it: what the main problem of the money transfers? they include the midlle man, the price is high, and the time to solve problems are long. What gives us the Unifox Blockchain with stablecoins, and transfers. Fast transaction - if these guys will manage to make like 200r tps on the own blockchain, the transaction will go in seconds. The cheap cost - transfers will be paid in tokens, with i think no more than 1-2 tokens ) it's like 0.50$. The ability to withdraw money from any store, club, or pub that holds the POS, or ATM, or kiosk. so you don't need to wait in the lines to he bank )

Interesting, but the problem is how this is going to be regulated on the government level?
well, the problem of ATMs in any county is that it should be regulated, and give the native currency, as in Ukraine for Example. so i don't know how is this going to be regulated, maybe not for now, but in a year ot two.. who knows )
I don't really get with the ATM, so there should be some money in it right? or it should accept cash, who will watch for this? and if the ATM broke, who will repair it? it's a huge deal!