Post
Topic
Board Altcoin Discussion
Re: Can blockchain be used for fiat money transfers or mobile payments?
by
abel1337
on 14/06/2024, 16:23:33 UTC
Blockchain's decentralized nature, transparency, and security have proven valuable in DeFi, NFTs, and gaming. AAnd this have made some organizations prefer use it.
Perhaps it can also change how we send money, pay with phones, and use some financial services?

Let's discuss and see if blockchain can work for these uses.
It can work definitely, actually there are projects that had been made for the sole purpose of solving financial problem by offering financial services that can be done on a blockchain but yeah, the projects that has this idea can't execute it right that's why we still don't have a famous project that offer this. Centralized platforms are the one reigning like paypal, apple pay, and other same services. Maybe sooner or later we will all adopt and regularly use a financial services that run on a blockchain regularly, I am saying majority of us crypto users that can be compared to the numbers of what CEX users has.