Mankind invented the money that would completely shape its future after the settlement of civilization. After this invention, if I say that all history was written under the leadership of the finance sector, I think I shouldn't have made a mistake. Indeed, the power of money has always been associated with humanity since ancient times. The money that was able to buy armies in the past allows us to obtain fleets of vehicles today. In the past, while the war that determined the fate of the countries was fought for money-making resources, today this trend has evolved, but the main goal remains to reach money-making resources, only in different methods. If we thoroughly investigate the history of money and its effect, the conclusion is that Napoleon was completely, unmistakably right. :)
On the other hand, what did the invention of money reveal? This is the most important question. Following the invention of money, the foundations of the sector, which we are talking about today as the financial sector and which direct the whole world, were laid. Immediately, all other sectors were measured in money and were directly linked to the financial sector. Money is a great tool for a person who tends to attribute value to everything, but the most important factor that drives it is banking, which forms the basis of finance.
The banking area, which previously operated through gold, is almost completely captive to electronics. Many of us don't even bother to see their salaries in their accounts anymore, do we? We buy and sell over the phone and computer, pay debt and travel. All this proves that we don't need a paper or metal money. If this is the case, why shouldn't the crypto assets, which are called by-products of blockchain technology that is one of the most important inventions of our time, fully integrated into this system? I think there is no obstacle to this, we only need properly built platforms and meticulous management.
As you can presume, this article is about banking and crypto assets. I'm going to introduce you to a great UK project and I have no doubt that they will perform the integration perfectly. The name of our project is PointPay.
Let's get to know the PointPay project more closely and see if our vision for the future can be real.
What is PointPay?
In essence, PointPay is an all-in-one solution for banking. To explain the concept of the all-in-one here, the main objective is to integrate crypto assets seamlessly into a perfectly functioning banking platform. So I can say that PointPay is a project that aims to put an ultimate solution to the crypto banking field.
Basically, the most important factor in the advancement of crypto assets is that they are not integrated into daily life. In other words, with our credit card, debit card, mobile payment applications, we are able to meet our daily money needs with all the facilities offered by our bank in short and operating through means such as money, foreign exchange and gold or other valuable metal assets. But when we want to carry out these transactions with crypto assets, which are also essentially defined as money, things get a little complicated. Many negative factors such as high volatility, incomplete blockchain integration, manipulators called whales are hindering this blend and too many good projects suffer from these issues. At this point, PointPay wants to demonstrate that this integration can take place for real and for good. Looking at the PointPay platform as a whole, it really does seem to have all the equipment needed to combine banking and crypto assets permanently.
Now I will inform you about the products and advantages of the platform and then you can decide whether I am right or not. Let's move!
PointPay Ecosystem
What do we need if we want to combine the fields of banking and crypto assets? In fact, many people who are familiar with the matter have a clear answer to this. If it's primarily a banking project you want to create, then you need a bank first apparently. Bank means investment, business, trader, saving money. People demand variety among the investment tools and PointPay is ready to deliver this. Since there will be crypto assets for everyone's convenience, what else do we need? Of course, the answer is a wallet that we can store these assets when it happens to be necessary. But where do we get the crypto assets in the first place? The answer to this question will, of course, be a crypto exchange. So if you want to bring a fundamental solution to crypto banking, all you need is a bank, a crypto exchange and a wallet where assets can be stored. But we all know that existing of all these elements does not mean that everything is fine.
Fortunately, all of these are the cornerstones of the PointPay ecosystem and they are all for the greater good of the majority. Let's take a look at these products and go through the details they provide for the clients different than others!
• PointPay Bank
First of all, PointPay Bank, which will be an environment where you can use all the advantages achieved from traditional banking, will offer further advantages to its clients. For example, worldwide and fast money transfer, low transaction fees and lack of currency type limitation will be among the outstanding features. In addition, the bank will allow crypto-fiat exchange directly and will provide crypto support for loan usage and Forex transactions. Moreover, in addition to all these, credit card, crypto card, debit card, virtual card, a pre-paid card will give you the opportunity to use many different banking products. What do you say, don't you want to work with a bank like this? That sounds pretty nice. And, of course, who doesn't want a 24/7 support for his or her bank? This is getting cooler with every step, right?
• PointPay Exchange
One of the most important issues related to crypto assets is the crypto exchange. Since crypto assets are not yet recognized as completely legalized instruments, their exchanges are in the same position. Of course, it is entirely at the discretion of the crypto exchanges to work for the sake of the crypto traders. There are so many crypto exchange platforms in the market that it is almost impossible to avoid any harmful activity. Therefore, the presence of crypto is very important from where we buy. PointPay will integrate its own crypto exchange into the ecosystem to eliminate this deep problem. With a great and simple user interface, it will be a crypto market where you can make transactions free from any kinds of inconveniences. Besides, it will be a platform where we can deposit fiat money directly and withdraw fiat money as smooth as doing so in a bank. Moreover, assets such as stocks can be directly tokenized and PXP token holders will receive regular crypto payments. In addition, 24/7 customer service, up to 10 times leverage and 4 level reference system are other privileges to be offered to the customers. I hope they will keep their promises, and this will be a real charming centre for every crypto enthusiast out there. You know, there is no superior advertisement method compared to the pleasure of the clients. This exchange must know the situations I guess.
• PointPay Wallet
There is also a great feature wallet application to store the long-term crypto investments that we want to keep in our PointPay system or the crypto assets we want to keep for near future use. PointPay wallet application, which provides multiple cryptocurrency support and virtual portfolio creation opportunity, also promises high-level security and anonymity. The wallet, which allows instant exchange between crypto and other assets, also presents the opportunity to pay with crypto. Besides providing direct deposit or withdrawal with currencies such as the dollar, Euro, it is strengthened with a payment code ID mode and SPV architecture systems. Moreover, while carrying all these features, it never compromises user-friendly practicality. However, if we look at the market, I must say that competition is very serious among wallet applications and platforms. Please do not leave these promises on paper PointPay!
PointPay Token
The PointPay ecosystem will support pretty many crypto assets on the market. In particular, major cryptocurrencies are already fully spread and need to be supported. On the other hand, it will also create its own crypto asset for use within the platform. The PointPay token will be a token that will fully meet ERC-20 standards. Since Ethereum-based tokens are the most logical solution, for the time being, this choice has been made to perform trouble-free transactions. PointPay token owners and holders will be paid rewards at regular basis through the PointPay exchange. Also considering the potential of the ecosystem, PointPay token can be considered as a serious investment tool. Let's talk about the technical characteristics of the Token:
Token Specifics
| Token Name | PointPay Token |
|---|---|
| Platform | ERC-20 |
| Ticker | PXP |
| Supply | 1,000,000,000 |
| For Sale | 500,000,000 |
| Hard Cap | 30,000,000$ |
| Soft Cap | 1,000,000$ |
| Unsold Tokens | Will be burnt |
Why PointPay?
Crypto banking initiatives did not begin with PointPay. This is a fact that many crypto volunteers know clearly. If there are crypto banking projects in the market, why should PointPay be preferred? The answer to this question is important. As can be seen in the table below, the comparison of PointPay and its competitors in terms of the features they offer is clear. PointPay has set out to address the lack of an all-in-one crypto banking platform available on the market. If you take a look at the table you will see. Some of their competitors do not offer cards, even though they are banks. The list goes on. As a result, although there are many crypto-banking projects in the middle, there is no example that offers what needs to be presented. Even the existing ones are far from this.
As you can see from the table above, PointPay either offers the necessary elements or develops its project in a way to present it soon. And remember, many of their competitors have created serious funds, but they have not fulfilled their promises, and PointPay knows exactly what crypto-lovers think of them.
Now let's take a look at what is the road map of PointPay and who are the ones behind these gorgeous project with some other details.
Team
Advisros
Road Map
Press and Partners
Final Words
No problem for those who read without getting bored until this point. They got the chance to know this wonderful project closely. I think the project is great, and that's my personal opinion. However, technically, we can see that it is a very useful product group completing each other to create a flawless crypto and investment environment. So, how can we summarize it for those who say it's too long, can't read?
Primarily a great ecosystem of bank, wallet and exchange.
PointPay Bank introduces all kinds of crypto-based cards over traditional banking systems. You will get virtual, debit, credit, prepaid cards powered by the crypto assets for your taste. It also enables the direct use of crypto assets which can be held for use or to be invested.
PointPay Wallet allows direct crypto trading for everyone's convenience, not just storing or holding. The transactions in and out of the wallet can be done using dollars, euros, pounds or other major currencies as well as crypto. There is also multiple crypto support and this support will expand day by day.
PointPay Exchange is based on the idea of user-friendliness and is a crypto exchange that will provide 24/7 support which you can get from almost nowhere presently. The exchange will distribute rewards for the PXP token holders and provide direct fiat withdrawal and deposit, and present a quality reference system.
Considering all these requirements, PointPay truly demonstrates the all-in-one crypto banking solution it promises. It is our duty to be a partner in this revolution.
Thanks for your time.
For more details, please visit the project links or watch the video below
DISCLAIMER
This article is not meant to give commercial or any other kind of advice. It is just an informative text at all.
Always DYOR
ETH Address: 0x0114731DEa1bDC4994B8Ca845B0fFCaed7d9a4d8
The Pointpay project could bring a new perspective to banking logic. It's a project that I'm following, and thanks for the article.
Pointpay is an alternative paying project which has multiple cards such as virtual, debit, credit, prepaid cards.
POINTPAY is decreasing transaction fees and building a better bridge for cryptocurrency users.
They have own wallet system which contains send and receive payments and crypto transactons
I can say that PointPay is a project that aims to put an ultimate solution to the crypto banking field. If what you say happens, this project goes to the moon. I will follow with excitement
PointPay Bank, which will be a situation where you can utilize every one of the favorable circumstances accomplished from conventional banking, will offer further preferences to its customers.
Thanks for sharing your insights on the evolution of money and the role of banking in today's digital age, hopelivescr! It's fascinating how finance has shaped human history and continues to drive innovation in the modern world.
Your introduction to the PointPay project sounds intriguing, and I'm excited to learn more about its integration of crypto assets into the banking system.
For those interested in exploring further into the realm of banking app development and understanding the associated costs, I recommend checking out this insightful article by Cleveroad. It provides valuable insights into the factors influencing the development costs of banking apps, which could be beneficial for anyone considering similar projects.
Looking forward to hearing more about PointPay and its vision for the future!