'Chango' Lets Users Send and Request Money without Hassle
Michael Hemsworth — July 10, 2018 — Lifestyle
References: chango.tech & betalist
Many of the money transferring solutions on the market have somewhat rigid standards that can inhibit users from accessing their funds as they require, so 'Chango' has been developed as an alternative to change this.
The platform works by letting users send, receive and request money with their contacts in an instantaneous manner that doesn't require extended public keys to be entered. The requests are all processed in a decentralized manner on the blockchain to ensure everything is as secure as possible.
The 'Chango' money transfer solution operates on a borderless ethos that enables the free flow of moneys around the world, while the platform will keep track of all your transactions in one place for enhanced peace-of-mind.
The platform works by letting users send, receive and request money with their contacts in an instantaneous manner that doesn't require extended public keys to be entered. The requests are all processed in a decentralized manner on the blockchain to ensure everything is as secure as possible.
The 'Chango' money transfer solution operates on a borderless ethos that enables the free flow of moneys around the world, while the platform will keep track of all your transactions in one place for enhanced peace-of-mind.
Trend Themes
1. Decentralized Payment Solutions - The development of more decentralized payment solutions presents an opportunity for disruption in the traditional financial system.
2. Instantaneous Money Transfer - The trend towards instantaneous money transfer provides opportunities for companies to create disruptive platforms that enable faster and more secure financial transactions.
3. Blockchain-based Payment Systems - The increasing popularity of blockchain-based payment systems implies that there are opportunities for companies to leverage the technology to create innovative solutions for the financial industry.
Industry Implications
1. Financial Technology - As decentralized payment solutions and blockchain-based payment systems gain traction, the financial technology industry has the opportunity to develop disruptive applications and platforms to meet changing user demands.
2. Online Payment Solutions - With the growing trend towards instantaneous money transfer, there are significant opportunities for companies in the online payment solutions space to develop innovative platforms that offer faster and more secure transactions.
3. Cryptocurrency - As more people embrace cryptocurrency, there is potential for game-changing technology and platforms to emerge in the cryptocurrency space that offer faster, borderless and more secure financial transactions.
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